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I would somehow tax inactive capital. Capital that is not directly invested in a company or pays for employees. Everything laying around or on the stock market
by mathverse 3y ago
I would somehow tax inactive capital. Capital that is not directly invested in a company or pays for employees. Everything laying around or on the stock market should be heavily taxed.
- Eddy_Viscosity2 3y agoThat doesn't change the ownership problem. This solution could still allow for a a handful of people to own everything because they would be invested in, and therefore have ownership of, all of the companies.
- satvikpendem 3y agoThe stock market is for directly investing in companies...
- Aerbil313 3y agoIslam bans stock markets and interest (though not all current so-called muslim countries) and every person who is rich (who have more than 87 grams of gold worth of things) is obliged to donate %2.5 of their total wealth to the poor every year. In Muslim countries, the state collects and distributes this, so it's effectively a tax. Necessities of life (shelter etc.) are excluded from total value calculation. Muslim countries traditionally took away land of people who didn't utilize it for 3 consecutive years, though idk whether this is rooted in the religion itself.