The Sovereign Fund for Humanity’s Poor. Even if the wealth is stacking up that fast all anyone has to do is set up a trust fund with that name, the goal of using said wealth to fund every single human with a trust fund that will eliminate poverty in their life, and a board of directors that MUST contain two fiduciaries but only one from any given major Megalopolis, as well as three data analysts from OxFam. Once that’s setup, all you have to do is setup automatic deposits of every single penny above $100,000,000 and every other rich person can do the same. This causes everyone to see that every other ultra rich person is just greedier than literal dragons.
Their salaries would be baked in. They get $1,000,000 per year. This is so that each is a position that is given to the highest scoring person in Ethics that just graduated, whenever a position is available
Got a $20m yacht? Sell it. Oh, youcre forced to sell it for $50k because nobody will give you more? That’s just the free market, clearly it’s only worth $50k.
Paid $75m to build your house? Well someone is offering you $175k and you’d better take it.
And you own a company worth $100m? No you don’t, it was already taken from you and turned into a worker-owned co-op.
After all the sales and seizures, you’ve got $23.1m in cash, and just 1m more in the bank? OK, dude, we cool.
I’d make all the billionaires the same choice:
(a) Give away everything except, say, 25 million.
(b) Guillotine.
This is my problem. If the wealth stacked up real fast maybe I would crack 100 mil but man I would so do the myspace guy thing.
The Sovereign Fund for Humanity’s Poor. Even if the wealth is stacking up that fast all anyone has to do is set up a trust fund with that name, the goal of using said wealth to fund every single human with a trust fund that will eliminate poverty in their life, and a board of directors that MUST contain two fiduciaries but only one from any given major Megalopolis, as well as three data analysts from OxFam. Once that’s setup, all you have to do is setup automatic deposits of every single penny above $100,000,000 and every other rich person can do the same. This causes everyone to see that every other ultra rich person is just greedier than literal dragons.
well yeah if every rich person does it but keep in mind the board, fiduciaries, and data analysts are not necessarily free.
Their salaries would be baked in. They get $1,000,000 per year. This is so that each is a position that is given to the highest scoring person in Ethics that just graduated, whenever a position is available
Does that include the Kelley Blue Book of my boats or are we talking purely liquid (heh) assets?
Oh, everything.
Got a $20m yacht? Sell it. Oh, youcre forced to sell it for $50k because nobody will give you more? That’s just the free market, clearly it’s only worth $50k.
Paid $75m to build your house? Well someone is offering you $175k and you’d better take it.
And you own a company worth $100m? No you don’t, it was already taken from you and turned into a worker-owned co-op.
After all the sales and seizures, you’ve got $23.1m in cash, and just 1m more in the bank? OK, dude, we cool.
At that point, would you need to sell those assets? If the issue is your net worth, and your assets aren’t worth much, then your net worth is low.
I sure hope Gabe goes for that or my cheeks will be red.