• 0 Posts
  • 63 Comments
Joined 1 year ago
cake
Cake day: June 20th, 2023

help-circle


  • Or we can just implement a wealth tax like any reasonable nation.

    Yeah, the problem here is the implementation: you and I and most people here would benefit a little from a higher tax on billionaires, enough to motivate us to send a letter to our Congressional representatives and send a few bucks to whichever campaigning politicians promise to do it.

    Billionaires, in the meantime, stand to lose millions, or even tens of millions of dollars. Enough that it makes sense for them to start PACs, schmooze, and even bribe the Congressional representatives who’d be in charge of raising taxes. So even though there are hundreds of them and millions of us, they have greater means and motivation.