this post was submitted on 27 Oct 2025
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That's an intriguing thought. My kneejerk reaction was the desire to reply that a 99% max rate is enough because why put a hard cap on individual success. But after as moment's thought I believe you're right. 1% of billions of dollars is still more than enough wealth to snowball the accumulation of wealth and power over time in a manner that allows the most successful people in the system to pull the rug out from under that system. Without a hard cap, at best you just stave off that eventual erosion.