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My feeling to tax billionaires humble again is getting stronger and stronger. It feels like it could take away some problems from the political spectrum as well, like how a government can be bought as we all saw happen in the US mainly by Musk and a lot on the background

Politics and presidential candidates should not rely or be backed by money but by the people

So let’s make it a lot harder, remove the ultra rich

El Duvelle reshared this.

in reply to stux⚡️

If it fails there is always the culinary option...
This entry was edited (1 day ago)
in reply to stux⚡️

Yes. First, close the loopholes that allow them to turn capital gains into spendable money without it counting as income. That alone will do a lot to help the problem. Then run the marginal tax rates on high incomes back up to 90+%.
in reply to stux⚡️

we could take 90% of their money and they would never miss it

that is how much money they have

in reply to stux⚡️

Yes I think so.

Remove ultra richism. End billionairism. Like "protect against aneurysms" - financial as well as medical.

Tax fairly.

Robustly.

The longest economic boom in history was created by FDR and continued by Truman and Eisenhower. Defeated the Nazis, built the interstate, colleges, homes for soldiers and retired the WWII debt.

Economists called the robust tax period "The Golden Age of Capitalism" -- not even ironically.

#eu #uspol #cdnpoli #taxWealth

in reply to stux⚡️

Yes.
But we should give them a choice. If they don’t want to pay, there is a much slicier option. 🌶️
in reply to stux⚡️

@koen_hufkens This. And it may not be financially beneficial, the arguments there go a lot of ways.

And we should do it even if it's not.

Taxing billionaires is a _political project_ and a good one. It is a decision to have democracy, real democracy.

in reply to Mx. Aria Stewart

@aredridel @koen_hufkens Remove the massive money flows from politics

Presidential candidates should get a fixed amount of money to campaign with and that’s it, no billions for political spam