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Limit an individual's social power with money. Instantiating an 80% tax on all wealth accumulation (salary or capital gains) after, say, $1.5 million. Another route would be to allow individual's to choose to invest or get taxed. We must recognize that as flawed humans, no person has the capacity to wield large sums of money without potentially doing mass damage to others.

Submitted by Mike S in Taxes & Budget Jan. 10, 2015, 4:59 p.m.
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#2376
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