Until there's a wealth floor -- until everyone is fed, sheltered and has access to education, there needs to be a wealth cap. We, as a collective humanity, should not allow anyone to have more than, say, $20 million, until the basic needs of others have been met.
Millionaires call for an emergency tax on billionaires
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Re: Millionaires call for an emergency tax on billionaires
#12Earlier quoted context omitted.
Few more steps and you"ll reach communism.
Why think of ways to improve society when we could just keep suffering through what we have now?
Everyday society is improving.
Re: Millionaires call for an emergency tax on billionaires
#13_Some_ millionaires call for...
Re: Millionaires call for an emergency tax on billionaires
#14Until there's a wealth floor -- until everyone is fed, sheltered and has access to education, there needs to be a wealth cap. We, as a collective humanity, should not allow anyone to have more than, say, $20 million, until the basic needs of others have been met.
What would this policy look like? Government seizing shares of companies from people if their valuation rises too much?
Oh, but don't worry. Greed is such an amazing motivator that it wouldn't take a decade before we accomplished meeting those basic needs.
Re: Millionaires call for an emergency tax on billionaires
#15Until there's a wealth floor -- until everyone is fed, sheltered and has access to education, there needs to be a wealth cap. We, as a collective humanity, should not allow anyone to have more than, say, $20 million, until the basic needs of others have been met.
What would this policy look like? Government seizing shares of companies from people if their valuation rises too much?
Didn't think through it much, aiming for a national product that elevates everyone in the country. Kinda like a Norway oil fund.
Re: Millionaires call for an emergency tax on billionaires
#16Re: Millionaires call for an emergency tax on billionaires
#17Until there's a wealth floor -- until everyone is fed, sheltered and has access to education, there needs to be a wealth cap. We, as a collective humanity, should not allow anyone to have more than, say, $20 million, until the basic needs of others have been met.
The problem is that inflation destroys the value of money quicker than you realize. Nice houses can cost $30M in alpha cities. $20M is a goal post that will need to be moved regularly. It’s too difficult to say what is “enough”.
Re: Millionaires call for an emergency tax on billionaires
#18Until there's a wealth floor -- until everyone is fed, sheltered and has access to education, there needs to be a wealth cap. We, as a collective humanity, should not allow anyone to have more than, say, $20 million, until the basic needs of others have been met.
The problem is that inflation destroys the value of money quicker than you realize. Nice houses can cost $30M in alpha cities. $20M is a goal post that will need to be moved regularly. It’s too difficult to say what is “enough”.
Re: Millionaires call for an emergency tax on billionaires
#19Until there's a wealth floor -- until everyone is fed, sheltered and has access to education, there needs to be a wealth cap. We, as a collective humanity, should not allow anyone to have more than, say, $20 million, until the basic needs of others have been met.
Few more steps and you"ll reach communism.
We can have empathy now, or we can be surprised later.