Should Nigeria Cap Personal Wealth?

Should there be a cap on personal wealth in a free market? In my view, the answer is no. Instead of limiting net worth, the state should empower everyone to join the wealth game. Making every citizen an investor-worker hybrid will expand opportunity. At the same time, high earners must pay fair taxes on wages and dividends that exceed set thresholds. Luxury spending above a certain level should face higher levies, not a hard ceiling on net worth. Equity ownership underpins business control, so seizing it undermines economic stability. Let wealth creation flourish under clear rules, while ensuring broad participation in the biggest game in town.

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