I don’t think people would stop at billionaires. They’d keep going until it got uncomfortably close to their own level of wealth, but the people worse off than them wouldn’t stop there, either.
Provided we are talking about taxation not guillotines, it’s that really a problem? In Norway, a doctor doesn’t earn much more than a train ticket seller.
“Why study medicine”, you ask? “Self actualisation.” Is their answer. Remember, University is free in that system, so no student debt.
I don’t think people would stop at billionaires. They’d keep going until it got uncomfortably close to their own level of wealth, but the people worse off than them wouldn’t stop there, either.
Provided we are talking about taxation not guillotines, it’s that really a problem? In Norway, a doctor doesn’t earn much more than a train ticket seller.
“Why study medicine”, you ask? “Self actualisation.” Is their answer. Remember, University is free in that system, so no student debt.
in USA we have some doctors earning like 20x what other doctors earn. and they both paid the same for med school.
hence why our primary care system is collapsing and our specialized treatment system is thriving.
Money perverts incentives.