Comment on How much money should one person realistically make or have?

• Thedogdrinkscoffee@lemmy.ca ⁨17⁩ ⁨hours⁩ ago

  ¿Por qué no los dos?

  Hooray.jpg

  Progressive income taxes until 100m, then 100% wealth taxes. Estate taxes of 50%. The kids will be fine as a 2 kid family would get 25 mil each.

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  • BlameThePeacock@lemmy.ca ⁨14⁩ ⁨hours⁩ ago

    So as the company you founded gets bigger, you’re forced to just give more and more of it away to the government until you don’t control it anymore?

    I would much prefer to see a higher estate tax, 100% of all amounts over 10-20 million.

    If you know you can’t keep it you’re far more likely to do something useful with it while you’re alive.

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    • Thedogdrinkscoffee@lemmy.ca ⁨12⁩ ⁨hours⁩ ago

      Good point, but easily resolved with share classes.

      Estate taxes don’t help, for example we can’t afford to wait for Musk to die to rectify the political and institutuonal damage he has done and is doing.

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      • BlameThePeacock@lemmy.ca ⁨11⁩ ⁨hours⁩ ago

        You don’t need to prevent rich people to remove money from elections. There are laws that other countries have passed that effectively nuter their influence on that.

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