5 ms·
Ok so Bezos gives X% of his stock to the government per year. So either we’re actually socialists at that point or the US sells it to... somebody; so that cash
by forrestthewoods 6y ago
Ok so Bezos gives X% of his stock to the government per year. So either we’re actually socialists at that point or the US sells it to... somebody; so that cash can be given to or spent in the benefit of people who need actual money and not imaginary money. At some point you have to convert stock to cash.
> This would help with the inequality problem of ~10% of the richest Americans owning 90% of all stock.
Reducing the value of stock is certainly one way to reduce inequality. Of course that doesn’t _actually_ help anybody. Inequality is mostly, although not entirely, a second-order metric.