We have so much stigma around being poor. I would probably cry myself to death out of joy if I woke up in a world where people felt shame for hoarding wealth.
We don’t have to hang them, just put a wealth tax on them before they become billionaires.
But for anyone who has a billion I think it’s OK to take it all, because nobody should be so selfish so they have more than a billion.
More and more I’m thinking we really need a wealth tax. Not because the government needs the money - the government literally makes their own money, they can create as much of it as they want - but because I think a cap on wealth is necessary for social cohesion. Plus, once people get over a certain level of wealth, the chances of it seriously negatively affecting them psychologically seem to go up considerably. Many, if not most, billionaires are just weird, creepy, disturbed wackos. I don’t think it’s good for them or for society.
I certainly wouldn’t be opposed to capping individual wealth at $999 million. Another option might be to set the maximum at a percentage of GDP, maybe something like 0.01% of GDP. I think that would put the cap at just over $3 billion. That’s still an astronomical amount of money, and there would still be billionaires but not the mega, stupid billionaires.
More and more I’m thinking we really need a wealth tax. Not because the government needs the money - the government literally makes their own money, they can create as much of it as they want - but because I think a cap on wealth is necessary for social cohesion.
This is literally what the inheritance tax is for, so there’s precedent.
Of course, they piss and moan about that too, but I don’t give a shit and neither should anyone else.
Billionaires are undermining democracy, which already is a huge problem and against the values of a country that wants to be democratic.
Yes most billionaires end up wackos, which makes it even worse that they have so much power.
IMO you can add an extra zero to the decimal places to make it 300 million. 1 billion is IMO already to much.
But I wouldn’t make it a hard limit, just incrementally bigger tax percentage the higher you get.
The fundamental problem of all civilization is not hanging billionaires.
We have so much stigma around being poor. I would probably cry myself to death out of joy if I woke up in a world where people felt shame for hoarding wealth.
It’s really not effectively managing selfishness.
We don’t have to hang them, just put a wealth tax on them before they become billionaires.
But for anyone who has a billion I think it’s OK to take it all, because nobody should be so selfish so they have more than a billion.
I’d really rather hang them though…
Yeah they think they’re so great and untouchable. Let them find out they’re mortal and fallible.
Its certainly simpler, though hardly a solution. There’s always more billionaires unless you change the system that created them.
I won’t stand in your way. I am in principle against death penalty, but sometimes you have to break a few eggs.
More and more I’m thinking we really need a wealth tax. Not because the government needs the money - the government literally makes their own money, they can create as much of it as they want - but because I think a cap on wealth is necessary for social cohesion. Plus, once people get over a certain level of wealth, the chances of it seriously negatively affecting them psychologically seem to go up considerably. Many, if not most, billionaires are just weird, creepy, disturbed wackos. I don’t think it’s good for them or for society.
I certainly wouldn’t be opposed to capping individual wealth at $999 million. Another option might be to set the maximum at a percentage of GDP, maybe something like 0.01% of GDP. I think that would put the cap at just over $3 billion. That’s still an astronomical amount of money, and there would still be billionaires but not the mega, stupid billionaires.
This is literally what the inheritance tax is for, so there’s precedent.
Of course, they piss and moan about that too, but I don’t give a shit and neither should anyone else.
Billionaires are undermining democracy, which already is a huge problem and against the values of a country that wants to be democratic.
Yes most billionaires end up wackos, which makes it even worse that they have so much power.
IMO you can add an extra zero to the decimal places to make it 300 million. 1 billion is IMO already to much.
But I wouldn’t make it a hard limit, just incrementally bigger tax percentage the higher you get.
Because we have too much empathy for them?