On: The impotence of the long-distance trillionaire

[achenatx]

A system that can arbitrarily take away all assets over 1 billion, will arbitrarily take assets of less than a billion. When the government has that much power, someone will come along and abuse it.

Also no matter how much money the government is given, it will never have enough.

[jdlshore → achenatx]

That argument seems flawed to me. The government already does have the power to tax, and could arbitrarily take away all your assets, but in developed nations, it doesn't.