That’s a start for sure. All billionaires need to become millionaires again. We need wealth taxes, not just income taxes. Property taxes are a wealth tax, so it’s not like there’s no precedent here. This should probably extend to businesses as well somehow. Just because a company is lead by a CEO and board of directors doesn’t mean they can’t do a shitload of harm.
Other countries, pay attention. It may be too late for us but you can stop the pandemic of fascism if you recognize excess wealth as the catalyst.
The wealth of billionaires for some crazy reason isn’t counted as a kind of unchecked inflation. in a just a few years the amount of money at the top more than doubled and no one else seems to be thinking that it’s hyperinflation. The economy is split and at the top money is poured in and never taxed out. The real reason why stock prices are rising is that rich people just don’t know where else to place such vast amounts of cash.
Tesla isn’t a car company. It’s a place for the ultra wealthy to stash their money.
We NEED taxation at the top to balance with tax cuts in other places. That money needs to be pulled out of circulation.
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The French had a better solution.
The ultra wealthy will face the consequences of their actions!
…it’s always nice to hope though. :(
They have at different points in history. Maybe we’re due.
It would be nice but numerous bankruptcies haven’t stopped Trump
