How long will the money stay moving? Well if we make it dangerous to hoard wealth then the money will basically always keep moving.
How long will the initial slush fund last? Probably just long enough to get society working for itself. It’s not like it’s the only change that would have to happen. A whole lot of corruption and waste will have to be eliminated,to start with, which will be easier with there being no billionaires left to buy politicians.
Cool, let’s do nothing and continue on this path then. You sound just like all the other temporarily embarrassed millionaires out there to *get yours and fuck everyone else *. Your defense of capitalistic greed is disgusting. You are part of the problem.
Lol no shot. I’m a socialist myself. I just don’t think billionaires are the enemy. Hate the game, not the player. We need systemic change, not temporary measures.
They may leave
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They may renounce citizenship.
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Still taxed for 10 years.
Do as Norway has done: https://www.skatteetaten.no/en/person/taxes/get-the-taxes-right/abroad/exit-tax/
That may disincentivize entrepreneur immigrants like Elon Musk.
illegal immigrant elon musk and KIMBALL MUSK.
Illegal or not, he pays his taxes
No, they should be exterminated and their assets seized, liquidated and used to start UBI.
Just block them from reentering the US or doing any business, owning property or investing in the US until they pay taxes.
No. They have already done too much damage. Expulsion isn’t good enough. They need to be made an example of. We need to make it scary to be greedy.
They would simply take their investments abroad.
Seize their investments
That would end businesses being owned by citizens.
No, allowing oligarchs to take our capital with them when they flee overseas to avoid paying taxes ends businesses being owned by citizens
Would you rather the wealth be owned by the government?
Than taken overseas by fleeing oligarchs? Yes, obviously. What are you doing in this com?
That’s unsustainable
But it’s a start and the money would be moving again.
For how long?
How long will the money stay moving? Well if we make it dangerous to hoard wealth then the money will basically always keep moving.
How long will the initial slush fund last? Probably just long enough to get society working for itself. It’s not like it’s the only change that would have to happen. A whole lot of corruption and waste will have to be eliminated,to start with, which will be easier with there being no billionaires left to buy politicians.
No, if we make it dangerous to hoard wealth, then there will be no incentive to create wealth.
Also, you don’t need to be a billionaire to buy politicians. Multi millionaires can very well afford to do it as well.
Cool, let’s do nothing and continue on this path then. You sound just like all the other temporarily embarrassed millionaires out there to *get yours and fuck everyone else *. Your defense of capitalistic greed is disgusting. You are part of the problem.
Lol no shot. I’m a socialist myself. I just don’t think billionaires are the enemy. Hate the game, not the player. We need systemic change, not temporary measures.