@GruffHarding I'm not keen on the idea that a government can revoke citizenship, even for as vile a person as Peter Thiel. Because if they can do that to one citizen, they can do it to any of us.
But if he has to be one of us, then he has to follow New Zealand law. And we do not have to pass laws that are convenient to billionaires. We could pass laws that make it so no billionaire ever wants to be a New Zealand citizen again.
Good point. 40% wealth tax for anyone who has US $20,000,000,000 or more
Solved
@futuresprog @isaacfreeman @GruffHarding I mean, a dragnet of $1,000,000,000 or more would catch more nasty hoarder fish so we can turf ‘em out.
The money can be used to double the WINZ benefit for everyone in need for several years.
$20bio NZD would only just catch the Mowbrays.
$34.9bio NZD is roughly what Thiel has.
That could pay for a lot of UBI.