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> A wealth cap / much stronger taxation on individuals and businesses funding a basic income would be a good way to fix this without breaking the market mechan
by tomp 8y ago
> A wealth cap / much stronger taxation on individuals and businesses funding a basic income would be a good way to fix this without breaking the market mechanism.
How is this at all relevant to the issue at hand?! There's many public companies that have much more dispersed ownership than Amazon/Google yet have massive amounts of money/market cap (e.g. oil majors, older tech companies, ...). Wealth can and will concentrate in businesses regardless of what kind of wealth tax on individuals or income tax on businesses you impose (unless of course if all business become unviable and unable to make money).