3 ms·
It is easy. Tax the wealthy more, make sure workers and the state own stock and receive dividends from publicly traded companies, establish a generous social we
by nathan_compton 3y ago
It is easy. Tax the wealthy more, make sure workers and the state own stock and receive dividends from publicly traded companies, establish a generous social welfare program, and create a job guarantee from the state at the minimum wage.
- jsbg 3y ago> make sure workers and the state own stock and receive dividends from publicly traded companies and also lose money when those public companies lose value?
- nathan_compton 3y agoWe already lose tax revenue when companies profits go do. I don't see what the problem is. In this scenario the government would hold a wide portfolio of stock (every publicly traded company) and so should be insulated from individual variations except in the case of a major downturn, which effects government revenue already.