grteLet’s Set a Maximum Wage for the Rich | The Tyee
originaluciferyou dont need a max wage if you tax effectively. it would be 100% past a certain, massive amount.
How does that work when the super rich don’t pay any taxes to begin with? How do you tax wealth? How do you tax loans against shares?
Make it illegal to use shares as collateral for a loan. If a person can pay back a loan, they can buy back the shares when they sell them because they need money. Now people are paying capital gains taxes.
Ok but how are you supposed to do that when the most powerful and influential people in the world are the very people who rely on that method to maintain their power and influence?
Execution? 🤷🏻♂️