I’m all for wealth caps. For everyone, of course, world wide
Say, 10 million dollars is the max anyone can be worth, period. The snowball effect of consequences of that is amazing
So just have your salary taxing scales, add a bunch more and the last one is at 10M and is 100%. You reach 10M, and any additional income of any type, monetary or goods or ownership, goes to taxes. All of it.
No more people with absolute power
Want a company AND a house? Well, you could do a 4 million dollar home, 2 million for stuff like a car and other stuff, and then your have 4 million dollars for a company. If that company grows in value, then you’re over the limit and now you have to choose how tondo your taxes. Give some shared to taxes, sell some other stuff to pay for the taxes, however you want.
Point is, nobody can be worth more than that, it’s an absolute dead limit.
Now you have a company that is 1 billion dollar worth? Cool. With the previous example, that meant you’d need at least 250 equal shareholders in order to reach that.
Governments would get a huge influx of money they can use for all sorts of socialist frameworks, free healthcare, free education, universal basic income.
They could fund non profit independent press/news funding foundations that can fund independent journalism with the one rule that it had to be as unbiased and fact based as possible
So far these are relatively small changes, with huge effects. If we could do this world wide, fuck, we would love in a utopia.
Good luck to fascists trying to lie and weasel their way into anything as people are happy, and none of them will have enough funds to rile shit up
I’m all for wealth caps. For everyone, of course, world wide
Say, 10 million dollars is the max anyone can be worth, period. The snowball effect of consequences of that is amazing
So just have your salary taxing scales, add a bunch more and the last one is at 10M and is 100%. You reach 10M, and any additional income of any type, monetary or goods or ownership, goes to taxes. All of it.
No more people with absolute power
Want a company AND a house? Well, you could do a 4 million dollar home, 2 million for stuff like a car and other stuff, and then your have 4 million dollars for a company. If that company grows in value, then you’re over the limit and now you have to choose how tondo your taxes. Give some shared to taxes, sell some other stuff to pay for the taxes, however you want.
Point is, nobody can be worth more than that, it’s an absolute dead limit.
Now you have a company that is 1 billion dollar worth? Cool. With the previous example, that meant you’d need at least 250 equal shareholders in order to reach that.
Governments would get a huge influx of money they can use for all sorts of socialist frameworks, free healthcare, free education, universal basic income.
They could fund non profit independent press/news funding foundations that can fund independent journalism with the one rule that it had to be as unbiased and fact based as possible
So far these are relatively small changes, with huge effects. If we could do this world wide, fuck, we would love in a utopia.
Good luck to fascists trying to lie and weasel their way into anything as people are happy, and none of them will have enough funds to rile shit up