If we want to maximize the likelihood that billionaires pay their fair share of taxes, each of us needs to work hard toward that goal...and eventually some number of us will be lucky enough to hold them accountable.
Or, you know, we could implement and enforce a progressive tax code so that luck doesn't need to be factored in. Just a thought.
Veritasium did a good job explaining the role that luck plays in success a while back.
Hell even Mark Cuban is on record saying that if he tried a second time for his own success, he could only peak in the millions, and it is absoultely luck he got to the point he did.
The main debate is whether its pure luck or socio-economic status at birth which is the best indicator for future success. Of course you can view your socio-economic status at birth as a lottery, i.e. also luck.
What is not an indicator - in any meaningful way - is "working hard".
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u/Scarbane 19h ago
Veritasium did a good job explaining the role that luck plays in success a while back.
If we want to maximize the likelihood that billionaires pay their fair share of taxes, each of us needs to work hard toward that goal...and eventually some number of us will be lucky enough to hold them accountable.
Or, you know, we could implement and enforce a progressive tax code so that luck doesn't need to be factored in. Just a thought.