I lived in a country where that happened. The king gave land to peasants in return for serving in WW2 (which lead to desperate peasants who didn’t know how to use their rifles as more than clubs scaring the Germans away with their savagery). My wife’s great-great-grandfather (or maybe one more great-) got so much land that when the communists came and started arresting people for having too much wealth he split his land among his 6 sons, but they still ended up with too much and all 6 went to jail.
This is an interesting idea. Not as much about billionaires, but about how regions race to the bottom to attract investment. Just like major sports franchises get insanely good tax treatment by moving or threatening to move theier team. Each city tries to give the better deal.
The idea that if the local gov doesn’t collect, the federal will should mostly put an end to that kind of thing. Ensuring that local governments get the funding they need.
Something like this, but just for business tax would be absolutely huge for US cities. It would also mean teams would go where the fans are, and businesses would go where the employees are.
Being a millionaire is a drastically different situation than a billonaire. Anyone can reasonably save a million dollars over their life, or have that much in retirement accounts.
It’s when you have billions in solid assets you start to developed unregulated power
Remember that when you say that some group doesn’t have human rights you have willfully chosen to put yourself in the group of people that includes the worst of humanity.
The truth is some simply are parasites and not human. All they deserve is a relatively painless and quick death. Millionaires are among those just like landlords, politicians and journalists.
It definitely can happen. But at that point the best response is to lock down borders to prevent anyone from leaving the country.
Too much money? Straight to jail!
God I wish
I lived in a country where that happened. The king gave land to peasants in return for serving in WW2 (which lead to desperate peasants who didn’t know how to use their rifles as more than clubs scaring the Germans away with their savagery). My wife’s great-great-grandfather (or maybe one more great-) got so much land that when the communists came and started arresting people for having too much wealth he split his land among his 6 sons, but they still ended up with too much and all 6 went to jail.
Ah yes, the USSR model. If our policies don’t work, violate human rights until no one points out they don’t work.
Millionaires don’t have human rights
This is an interesting idea. Not as much about billionaires, but about how regions race to the bottom to attract investment. Just like major sports franchises get insanely good tax treatment by moving or threatening to move theier team. Each city tries to give the better deal.
The idea that if the local gov doesn’t collect, the federal will should mostly put an end to that kind of thing. Ensuring that local governments get the funding they need.
Something like this, but just for business tax would be absolutely huge for US cities. It would also mean teams would go where the fans are, and businesses would go where the employees are.
Is that a bot comment?
Being a millionaire is a drastically different situation than a billonaire. Anyone can reasonably save a million dollars over their life, or have that much in retirement accounts.
It’s when you have billions in solid assets you start to developed unregulated power
Remember that when you say that some group doesn’t have human rights you have willfully chosen to put yourself in the group of people that includes the worst of humanity.
That sounds like a full on liberal take.
The truth is some simply are parasites and not human. All they deserve is a relatively painless and quick death. Millionaires are among those just like landlords, politicians and journalists.
It’s not fucking 1900 anymore. Inflation happened, and these days “millionaires” are still middle-class.
The difference between a millionaire and a billionaire is about a billion dollars.
You’ve got to be a millionaire to retire
LOL lemmy moment