Now there's a damn good idea. Now, just how do we actually do that? Should we declare a "cap" on wealth? Does anyone actually need a Billion dollars to live comfortably and healthy. Is the idea for everyone to become millionaires or Billionaires?
Can humans actually remove poverty from modern society? Do we truly educate our youth? Do we take care of our elders. Does everyone actually have equal opportunities. Does the term "equality" mean anything outside of mathematics? Just a few questions 👽
Blend some socialism with capitalism. Heavy on the socialism…IMO.
If billionaires want to live here they have to pay. We don’t get a free ride why should they.
End oligarchic dynasties. Impose a 100% estate tax on all of an individuals net estate value over $5 million. Apply a lifetime asset transfer tax of 100% on all net asset value over $1 million transferred from an estate to any individual.
How does one stop oligarchic family dynasties? 40% of $200 billion still leaves $120 billion to corrupt the system with.
Check out what the Estate and Corporate tax rates were in the 1950s.
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You hit $1Bn - you get a trophy, congrats, you won Capitalism. The rest goes to programs to help the rest of us.
Food, shelter, infrastructure, utilities - etc.
Money in circulation does work.
Take that same million dollars, give $1000 to 1000 people - it will go to groceries, paying off debt, buying gas, covering utilities.
Right back Into circulation.
End these Dragons hoarding gold
There is no wy you get that much money and have completely clean hands.
If billionaires want to live here they have to pay. We don’t get a free ride why should they.
Check out what the Estate and Corporate tax rates were in the 1950s.