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

• BlameThePeacock@lemmy.ca ⁨12⁩ ⁨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 ⁨10⁩ ⁨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 ⁨9⁩ ⁨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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      • Thedogdrinkscoffee@lemmy.ca ⁨8⁩ ⁨hours⁩ ago

        Bootlicker. Those laws get repealed when you control enough wealth.

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