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My solution: Every year we identify the wealthiest individual and liquidate their assets to redistribute through UBI. To be honest, they likely have the network
by c22 2y ago
My solution: Every year we identify the wealthiest individual and liquidate their assets to redistribute through UBI. To be honest, they likely have the network and skill set to immediately bounce back and this policy only impacts a single individual every year. Plus it makes being ultra wealthy a more interesting game, where you'd want your investments to do well, but not too well.
- telesilla 2y agoIt's too easy to hide wealth so you'd need to choose some other metric such as private jet rides, then have some kind of lottery.
- solardev 2y agoWe could just tax them more heavily like we did a few decades ago, when they were as high as 90%. Maybe draw a line where society can create millionaires and hundred millionaires but not billionaires.
- esbranson 2y agoAs for the n+1, does the sequence stop? Does the same happen for the government and other organizations, or just natural persons? Are there other organizations besides the government you will exempt? After everything has been equalized, how much (about) will everyone have, and would that be enough to invest in something as simple as an ice cream machine?