this post was submitted on 13 Aug 2026
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[โ€“] 5318008@lemmy.ml 13 points 23 hours ago (1 children)

I don't want a one-time, 5% wealth tax. I want a recurring wealth tax. At 0.5%, such a tax outpaces the one time 5% in ten years.

I would settle for one time 5%... but it's just so short-sighted. 5% in one sudden movement is actually a big ask... and are we actually going to be able to pull that off more than once?

A recurring wealth tax 1) is better in the long-term, 2) is less disruptive to the stock market (which we should care about, as long as this is the sustem we have) 3) makes for a more predictable economic environment, so people with money might actually still want to live in CA.

[โ€“] cloudshouter@lemmy.zip 2 points 19 hours ago

I promote taxing total compensation (the stock options) and putting in minimum limits on taxes for to wealthy. I have also heard people discussing ideas for having the top billionaires have forced sales of a percentage of their stock and putting possession taxes in place for land hoarding.