Jeff Bezos killed Washington Post endorsement of Kamala Harris, paper reports

https://lemmy.world/post/21260149

Jeff Bezos killed Washington Post endorsement of Kamala Harris, paper reports - Lemmy.World

90% wealth tax is needed

Maximum wealth law. Once you’re worth more than 100 million, 100% of any new income goes to a designated fund for social programs.

100 million is enough money that there is still no real limit to how pampered your life can be, so there’s no argument that the rule would hurt anyone.

There is a big accounting difference in use the term “wealth” and “income”, especially when the wealthy take out a loan from stock holdings and not pay income tax.