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A New Plan To Create a World Without Elon Musks. (inequality.org)

submitted 5 days ago by Cat@ponder.cat to c/usa@midwest.social

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[–] WoodScientist@sh.itjust.works 16 points 4 days ago (1 children)

Every nation needs a maximum wealth cap. Set it at 1000x the median household income. Anything beyond that is taxed 100%.

[–] pupbiru@aussie.zone 1 points 4 days ago* (last edited 4 days ago) (1 children)

idk i reckon 80% or something would probably end better: if the goal is to get maximum wealth for the people, chasing that last 20% will probably cause people to “donate” that 80% because they’re just that damn selfish: want to be the richest? well that’ll be $50bn/y in taxes pls, okay now FIGHT (literally if you want. here, have some knives… inheritance tax will take care of the rest)

[–] Corkyskog@sh.itjust.works 6 points 4 days ago (1 children)

Well if you work to lift up the median wealth, their wealth can increase too.

[–] pupbiru@aussie.zone 1 points 3 days ago

very true!