Its all hypothetical of course, but if you had the support for a 100% inheritance tax, you likely have the support for like a 99% wealth tax for anyone over 100M.
Either one require a peoples revolution in my opinion, as were currently going the opposite way.
I am saying we don’t need wealth hoarders, we could effectively ban anyone having over $50M and everything would keep on working fine. In fact things would almost certainly be better.
I am of the mind that we tax regular corporations much higher than co-ops to try to push every business towards mostly employee ownership.
Its all hypothetical of course, but if you had the support for a 100% inheritance tax, you likely have the support for like a 99% wealth tax for anyone over 100M.
Either one require a peoples revolution in my opinion, as were currently going the opposite way.
I am saying we don’t need wealth hoarders, we could effectively ban anyone having over $50M and everything would keep on working fine. In fact things would almost certainly be better.
I am of the mind that we tax regular corporations much higher than co-ops to try to push every business towards mostly employee ownership.