Earlier 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?
Millionaires call for an emergency tax on billionaires
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Re: Millionaires call for an emergency tax on billionaires
#22Re: Millionaires call for an emergency tax on billionaires
#23Earlier quoted context omitted.
Why think of ways to improve society when we could just keep suffering through what we have now?
Do you not think society is improving? Over the past 20 years we had the greatest drop of poverty ever seen. Everyday society is improving.
So they voted for an administration that would keep things that way. The world is weird.
Re: Millionaires call for an emergency tax on billionaires
#24Until 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.
who seizes ownership of my company?
What's to stop me from offering you $10 bucks for .0001% of your company and making you illegally rich?
Taxes on net worth won't work because net worth is abstract
Re: Millionaires call for an emergency tax on billionaires
#25Until 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.
As someone from a post-communist country: when you put a limit on capital, another form of accumulating one will be created. Some people will be more able and motivated to get the new form of the value, others will be less able or simply not interested in it, some will inherit it over time. And we will end almost exactly where we had begun.
Limiting ways to accumulate wealth will not get rid of the desire to do so. Such a law will only force it to change the way it is manifesting.
Re: Millionaires call for an emergency tax on billionaires
#26Until 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.
Re: Millionaires call for an emergency tax on billionaires
#27The wealth distribution hockey stick is getting so extreme pretty soon it's going to be "workers... and upper middle class professionals... and millionaires... of the world unite!" Anyone with less than a billion dollars is the proletariat.
Re: Millionaires call for an emergency tax on billionaires
#28Until 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.
Re: Millionaires call for an emergency tax on billionaires
#29Who needs to pay more taxes? Those people over there.
Re: Millionaires call for an emergency tax on billionaires
#30Until 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.
Most basic needs are or could be met already. Apart from Housing / Shelter. Which some how no government plans to tackle because the world economy is quite literally built or based on land and property prices. Even talks about UBI completely neglect housing prices. Which I came to the sad conclusion, those that understand housing wont talk about it, those that dont understand will never talk about it.