The minimum is that they pay their taxes. What they should be paying is a wealth tax though.
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Also tax the megacorps. The massive American tech monopolies are hooving money out of the county. In Amazon's case, while selling cheap stuff that doesn't comply to our market's regulations. All of them are bending or just breaking our laws. They aren't too big or American for us to tackle. We can tax them properly and make them comply with the laws. Though we can't really break them up, like should happen in a sane system.
You just need to take down a few big fish with no ifs, no buts and no 'mea culpas'...fine and claw back.
The will fall in line with enough financial force.
200 billionaires to raise 0.5b in dodged taxes.
Each billionaire is, at most, going to see a 0.25% hit.
If you earned £60k a year (a very decent wage), thats another £150 a year, £13 a month. Except that £13 (per month: a couple pints, takeout for 1 peson) is able to buy you a house (~£200k) .
1 billion is an EGREGIOUS amount of money.
The difference between 1 million and 1 billion is about 1 billion.
Like if you had £1,000 and you were able to instantly double it: you are still "about 1 million away from being a millionaire".
If you had £1,000,000 (1 million), and you were able to instantly double it: you are still "about 1 billion away from being a billionaire".
Fuck all billionaires. Tax them more.
Make it PAINFUL to go above £250M in total assets.
200 billionaires? £500 million?
Fucking weak sauce. Do the math. One billionaire would barely miss 500mill.
Given Lemmy's obsession with taxing the rich which will obviously solve all problems, you'd think this post would be a lot more popular.
Well the problem is we're not taxing them significantly more, we're assigning manpower to gently cajol them into paying the small amount we do tax them.
Exactly. There's a difference between creating new rules to tax them more, and collecting the tax they're already supposed to be paying but aren't.
I truly hope this pays off. Some folk say things like "but they'll leave if we tax them". Good! If they're making money off us and not paying what they're due, they're damaging our economy and we're better off without them. If they truly were performing a worthwhile service, then someone else will fill the void. Same goes for the corporations, who I hope are next.
Sounds like progress to me.
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