The rise of the deserving rich
Yet if billionaires have too much political power, the solution may be to change the rules on donations rather than to change the tax system. This is because the rise of the self-made billionaire greatly weakens other arguments for wealth taxation. The rise of the deserving rich https://economist.com/finance-and-economics/2026/07/23/the-rise-of-the-deserving-rich from The Economist Best Regards, Lakshmi and Seetha Ram
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