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[–] 1 point 5 months ago* (1 child)

allow anyone to make up to $999,999,999 after-tax

way too much this is EXACTLY one of the problems with "billionaires" discourse, in fact

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  • [–] 1 point 5 months ago

    Okay fine, I high-balled it. The same point stands, just lower it to a number you find more reasonable. $100M? $10M? I agree that it's an unnecessary amount of money, but it's far more manageable than the uncapped free-for-all that it is today.

    Set it too low though and you'll start to lose support, so make it high enough that even the highest echelons of the upper-middle class know it won't ever effect them. The point is to target the owner-caste.

    Oh, but a one-time wealth tax of anything over one's first $billion followed by a net gains cap in the 8 or 9 digits is absolutely reasonable.

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