The vast majority of wealth in the United States is concentrated in the top decile of the population.

“Now, this means that this one guy has more than the bottom 90% combined. This is very important because it has implications for how you do business.”

He acknowledges that capital has become disproportionately powerful in modern society and finds the resulting concentration of influence difficult to mitigate through tax policy alone.

“I think capital is just so much more powerful than it used to be, and it's hard to address, I think like the disproportionate power of capital with just like tax policy.”