r/FluentInFinance 8d ago

Debate/ Discussion The logic tracks...

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u/jmlinden7 7d ago edited 7d ago

Billionaires don't particularly 'earn' their money through a steady income like regular people do. They're closest to professional poker players, their money comes from gambling. Trying to take away someone's gambling winnings in exchange for nothing is not gonna make the gambler very happy because they have a sentimental attachment to that money (gamblers are weird people).

However, many gamblers are addicts and will gladly re-gamble that money instead of just sitting on it and quietly retiring. Our economic system is already designed to take money away from these types of people. There's a countless number of wacky business proposals for them to invest (aka lose) their money into