How would this change society for the better?

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[–] 28 points 3 months ago (1 child)

It would not.

Billionaires would spend up to 999M every year on hiding their money.

If someone by some chance got paid out you can figure out how it changes their lives by looking at lottery winners.

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  • [–] 3 points 3 months ago

    and most people have spent their entire lives living paycheck to paycheck on the precipice of financial ruin. So if they got a million dollars they may pay of debts, but they'd also blow through the rest of the money in short order (a million dollars is not that much money anymore, sadly..) and be right back where they were at hte start.. possibly with even worse debt as they take loans to continue living the dream.

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  • [–] 10 points 3 months ago*

    They'd still just keep getting richer, and the families would blow the money on stupid shit and be broke again inside of a couple of years.

    The problem isn't that they have a lot of money and we don't. The problem is the way they use the power the money gives them to purposely make our lives worse. It's the POWER, not the money.

    Limiting what they can do with their power would be as effective as taking their power. The French Method is the most direct and effective way to do this, but reversing Citizen's United would be a very good first step, too.

    The Supreme Court's 2010 ruling in Citizens United v. Federal Election Commission is a controversial decision that reversed century-old campaign finance restrictions and enabled corporations and other outside groups to spend unlimited money on elections.

    Sadly, we're currently going in the opposite direction, and there's no way in hell the current SCOTUS bench will reverse CU. So, maybe the French Method is the only way.

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  • [–] 16 points 3 months ago

    Look at the life expectancy/wealth outcomes of lottery winners. Then multiply by 1000.

    Just tax them.

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  • [–] 7 points 3 months ago

    That “random” pool of families would get bought out pretty quick.

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  • [–] 2 points 3 months ago*

    1000 random families from where? What constitutes a family?

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  • [+] -2 points 3 months ago (1 child)
  • [–] -1 points 2 months ago

    Most likely this will just drive up inflation

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  • [+] -11 points 3 months ago

    fuck breeders. but less than billionaires.

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