Billionaires should face a minimum tax rate, report says
I think we need to start treating extreme wealth hoarding as a mental illness. If someone has a net worth of more than a $billion for an appreciable amount of time, then they should be locked up to protect the world from their malfeasance and prevent them exploiting yet more people. A possible exception would be when someone inherits a vast fortune, and maybe they should be allowed some time to demonstrate that they are giving away wealth, though obviously a billion dollars is such an obscene amount of money that giving it away is going to take years.