Limit the amount of capital that can be individually owned. Wealth cap. Sociopaths are going to sociopath, make it so they can’t have more money than a government and there wouldn’t be so many problems.
It should just be a continuing, progressive income tax. No breaks, no loopholes, no tax evasion. The left is focusing on a single, arbitrary number and it’s a bad idea.
I’d argue it’s an idea that’s easy enough to convince others to vote for. Anything with “tax” in it, has and will be weaponized. Realistically, a wealth cap may not be the best solution, but its the only one simple enough that propaganda has a hard time twisting. It’s an easy sell to those with a 5th grade reading level.
Ok, institute a wealth cap and the people who have hit it will just bide their time until people get complacent, then start exerting power to roll it back. It happens with every reform and regulation that put limits on private ownership of capital. What we really need is to abolish private ownership entirely.
Limit the amount of capital that can be individually owned. Wealth cap. Sociopaths are going to sociopath, make it so they can’t have more money than a government and there wouldn’t be so many problems.
It should just be a continuing, progressive income tax. No breaks, no loopholes, no tax evasion. The left is focusing on a single, arbitrary number and it’s a bad idea.
I’d argue it’s an idea that’s easy enough to convince others to vote for. Anything with “tax” in it, has and will be weaponized. Realistically, a wealth cap may not be the best solution, but its the only one simple enough that propaganda has a hard time twisting. It’s an easy sell to those with a 5th grade reading level.
Wealth cap paired with a wealth floor and UBI, and we’re really cooking.
Absolutely agree!
Ok, institute a wealth cap and the people who have hit it will just bide their time until people get complacent, then start exerting power to roll it back. It happens with every reform and regulation that put limits on private ownership of capital. What we really need is to abolish private ownership entirely.