Millionaires call for an emergency tax on billionaires
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Millionaires call for an emergency tax on billionaires
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Re: Millionaires call for an emergency tax on billionaires
#2_Some_ millionaires call for...
Re: Millionaires call for an emergency tax on billionaires
#3Until 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
#4The 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
#5Until 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
#6Until 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?
Re: Millionaires call for an emergency tax on billionaires
#7Until 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
#8Until 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.
Why think of ways to improve society when we could just keep suffering through what we have now?
Re: Millionaires call for an emergency tax on billionaires
#9Until 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.
Re: Millionaires call for an emergency tax on billionaires
#10Until 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?
A progressive tax.