saneekav@lemmy.world to memes@lemmy.world · 12 days agoBut my favorite single digit billionaire pop star is one of the "good billionaires"!lemmy.worldexternal-linkmessage-square114fedilinkarrow-up1655arrow-down153
arrow-up1602arrow-down1external-linkBut my favorite single digit billionaire pop star is one of the "good billionaires"!lemmy.worldsaneekav@lemmy.world to memes@lemmy.world · 12 days agomessage-square114fedilink
minus-squarefoggy@lemmy.worldlinkfedilinkarrow-up17·12 days agoI just think that at $1BN net worth or whatever, you start getting taxed on 99.99% of everything you earn or gain in worth after that. This way people still get stupid rich, and if someone ever has $10bn you can easily just sound the alarm then and there and say nope, fuck this guy. The tax curve just just be exponential and it should be basically vertical at $1bn.
minus-squarewarm@kbin.earthlinkfedilinkarrow-up3·12 days agoAlong with some restriction to their wealth relating to where the money was earned, so they can’t just leave the country with it all.
I just think that at $1BN net worth or whatever, you start getting taxed on 99.99% of everything you earn or gain in worth after that.
This way people still get stupid rich, and if someone ever has $10bn you can easily just sound the alarm then and there and say nope, fuck this guy.
The tax curve just just be exponential and it should be basically vertical at $1bn.
Along with some restriction to their wealth relating to where the money was earned, so they can’t just leave the country with it all.