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Joined 1 year ago
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Cake day: July 6th, 2023

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  • A shame. Wealth taxes for the ultra rich it is, a la Bernie, innovation in all things. Having benefited from friendly, lucrative taxation over the course of a generation has left beyond the reach of current legislation. Tax legislation specifically and solely aimed at the ultra rich, no one would bat an eye.

    In most cases? In most cases billionaires and conglomerates have monopolised entire industries, many across multiple industries that can no longer sustain any meaningful competition and growth. A company like Amazon/Google/Meta just replacing all industry with its own brand, squeezing out, gatekeeping or catch & killing any disruptors or smaller ventures is not a net positive for society. That’s how you get to a handful of medical insurers dictating whether you live or die.