@jond its a funny thing the question of someone wealthy campaigning for wealth taxes. I have no idea of his wealth, claimed or actual, but I doubt its in the billions.
The difference between a million and a billion is staggering. One billionaire can give away 99.9% of their wealth and still be a millionaire. Or give away 99% and still have ten million.
What I'm saying is that he's wealthy but not that wealthy and its hard to get your head around how much wealth the ultra-wealthy have. Its also hard to explain to the average Mr Striver on Main Street that a significant wealth tax is unlikely to even affect let alone hurt them.
#TaxWealthNotWork #BillionIsBig

Ich möchte zum Thema #taxwealthnotwork auf diesen Kurs von @rbreich aufmerksam machen.

Tool für den Einstieg
https://youtu.be/1f2blKai7HA

Class 1: “What’s Happened to Income & Wealth” by UC Berkeley Professor Reich

YouTube

@AwetTesfaiesus

As a comment says, 'GOSH - SEISMIC DAY in UK political history'! At least as big as the moment Joschka Fisher taking the oath as Minister wearing Sneekers here in Germany! As then, It might become a major cultural shift whose true significance we will probably only recognise and appreciate in years to come.

#TaxWealthNotWork

Sitze im Zug und höre "interessante" Gespräche mit. Und dann dachte ich mir: was ist an der Asset-Ökonomie eigentlich problematischer,

▶️ arm geboren, arm geblieben egal, wie man sich bemüht.

▶️ reich geboren, reich geblieben egal, wie doof man sich anstellt.

#TaxWealthNotWork

Aber mal ehrlich: was meint ihr dazu? Ist soziale Abwärts-Mobilität wichtig? Immerhin verstößt das doch auch gegen den "Leistungsgedanken", wenn man nicht absteigt, no matter what, ... oder?

Dass die -Auf-wärtsmobilität nicht mehr existiert
28.8%
Dass die #Ab-wärtsmobilität nicht mehr existiert
4.5%
Beides ist gleich schlimm
37.1%
Was ist Asset-Ökonomie
29.5%
Poll ended at .

A week ago I shared a video about Hannah Spencer, a plumber by trade, campaigning against Reform and Labour in the working class constituency of 'Gorton and Denton' (near Manchester)

https://mastodon.social/@AwetTesfaiesus/116105098295802463

Today, I am chuffed to bits to be able to tell you:

In the 2026 by-election the Greens' Hannah Spencer, beats Reform UK and Labour by a wide margin running on a #TaxWealthNotWork campaign.

Here she after her victory was officially declared in her own words: 🎬https://www.youtube.com/watch?v=s801FAmuuIM

@stuffifound absolutely, but not because we chose taxes. Humans chose to worship wealth and privatise things that should be shared. If we taxed fairly (ie. #TaxWealthNotWork) there’d be less inequality and more money for free healthcare, public transport, social care, housing, and communal benefits like social activities and the environment. Instead the poor work for the rich, the poor borrow money from the rich, the poor pay rent to the rich, and the rich keep getting richer.
Ich teile dieses Format sonst selten, aber: Marlene hat komplett recht.
#TaxWealthNotWork
https://www.youtube.com/watch?v=j-gffOyYNyE&t=1210s
FDP-Vize Vogel zofft sich mit Millionenerbin | Markus Lanz vom 14. März 2023

YouTube

@HI_Greens notice how this one lady affected by a lack of housing for her 3 sons is convinced how this lack of housing is totally a local issue?

Everyone things just the same! Everywhere! In Munich, Berlin, Paris, Nairobi, New York. Everyone thinks that this is just their local governments‘ failing policies!

#TaxWealthNotWork

Public capital, private capital

  The present economic debate is over-determined by two realities which, moreover, are connected as we sometimes tend to forget. On one hand we have the steady rise in public debt and, on the other, the prosperity of privately owned wealth. The figures for the level of public debt are well known; almost everywhere the … <p class="link-more"><a href="https://www.lemonde.fr/blog/piketty/2017/03/14/public-capital-private-capital/" class="more-link">Continuer la lecture<span class="screen-reader-text"> de « Public capital, private capital »</span></a></p>

Le blog de Thomas Piketty