Tax billionaires until there are no more billionaires

It’s really insane that we legally treat the tenth billion dollars at the same level as a working persons house or car.

Everything is legally just “property”.

No, fuck that.

The law should protect the first million of every citizen with ferver. (and when we tackle wealth inequality, most people will have this level of wealth at the end of their working life. The fact that most currently don’t is due to inequality. )

Up until 100 million, it should be taxed at a reasonable level. Because at some level, it’s fair that people prefer watching Taylor Swift instead of me sing on a stage.

Above that it should be taxed heavily.

And above a billion, it should be just confiscated. As in, oopsie, our system malfunctioned, you weren’t supposed to end up with more wealth than what a thousand normal people would save up after a whole lifetime of work, so we are taking it back.

The problem is that this wealth is ownership in companies they made. If you start a company and it becomes too successful, Is it right that we really just forcefully take that ownership away from you? Who wants to start a company in a country that takes away your company from you if it’s too successful?

True. But generally I think giant companies cause more systemic problems than they solve. So maybe we don’t really need them.

After we die back to a manageable level from climate change we should try to remember that and prohibit it happening again.

We don’t really need giant companies? Ok, sure… personally I like my high tech options these large companies offer, and their ability to offer lower prices thanks to the economics of scale. If you want to pay more for everything then feel free to go to small companies, personally I prefer to pay less for the same stuff from large companies.

Meanwhile the downsides are invasion of privacy, destruction of the environment, poor treatment of workers and on and on.

If employees are treated so poorly they would leave, it’s not like we force people to keep their job. If you prefer to pay more, it’s your choice to buy from smaller companies.

No, it isnt their choice, and yes, you dontorce people to keep their jobs. The constant stealing of value and hoovering it towards yourselves keeps people bound to a neofuedal system. This is ABNORMAL. It is the EXACT OPPOSITE of a prosperous economy. The system you espouse is a PROVEN FAILURE. We have decades of tax law to PROVE THAT YOU ARE A FAILURE and not at all a success.

Everybody is free to leave and free to find new jobs, im not sure where you get the idea that isn’t the case.

Also how is it stealing value to pay less than the profits made? You realize a company has to make profits to survive, right?

How is the US arguably the most successful country on the planet if stuff is really as bad as you say it is? The US is far from perfect, but it’s impossible to deny it’s one of the best places to be and people risk everything trying to get in wanting a better life.