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LifeInMultipleChoice@lemmy.world ⁨5⁩ ⁨hours⁩ ago

Yeah, if we saw something like an unavoidable 25% wealth tax on all wealth over $300 million, we would see around $2.5 trillion in taxes that could be distributed as a universal base income that would place $17,857 per average household (2.5) in the U.S.

If we actually combated housing prices, that could potentially cover housing everyone in the U.S. from that alone, then retirements would only need to cover food costs. There are a lot of changes that would need to be made, they just won’t come until the last second when people are dying in large enough numbers to make people do something.

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