TAX WEALTH. DISTRIBUTE UNIVERSAL BASIC INCOME. - ThreadSky

About ThreadSky

scottsantens.com • 2 days ago

TAX WEALTH. DISTRIBUTE UNIVERSAL BASIC INCOME.

We are WAY past the point of ridiculous and well into the dangerous part. 😡

@scottsantens.com

www.wsj.com/economy/1-tr...

Comments

ryzenonup.bsky.social•2 days ago

The wealthy won’t have a choice once they see that real wages aren’t enough to sustain the masses

ryzenonup.bsky.social•2 days ago

Or how about even tax incentives for the wealthy for every $150k they make they can have a tax break on 50,000 if they invest $100k in infrastructure.

whosagrumpybear.bsky.social•2 days ago

In the interest of discussion, I'm still hesitant on a wealth tax, mostly due to the complexities (and my general disdain for things like property taxes). I know other countries have done this successfully, but I do wonder if modification of capital gains, enforced wage ratios, and taxing wealth...

whosagrumpybear.bsky.social•2 days ago

...that is specifically used as collateral for realized gains over a certain amount would be more sustainable/"fair".

I think my biggest concern is accounting for all the "wealth" these people have. They know how to hide it!

cyberfuturist.bsky.social•2 days ago

Probably not likely anytime soon without AI and mass automation of jobs to the point where millions are unemployed from losing IT and computer-based jobs

Posting Rules

Be respectful to others
No spam or self-promotion
Stay on topic
Follow Bluesky's terms of service

Comments

Posting Rules

Reply