@[email protected] to [email protected] • edit-21 year ago[Serious] The revolution was successful! The old government is gone. You get to help write the new Constitution. What do you put into it?message-square206fedilinkarrow-up1181arrow-down123
arrow-up1158arrow-down1message-square[Serious] The revolution was successful! The old government is gone. You get to help write the new Constitution. What do you put into it?@[email protected] to [email protected] • edit-21 year agomessage-square206fedilink
minus-square@[email protected]linkfedilink18•1 year agoAll income over $10m per year is taxed at 100%. Foreign and domestic put together.
minus-square@[email protected]linkfedilinkEnglish22•1 year agoI get where you are going but it would make more sense to be based on a percentage above a living wage or something like that. In 100 years 10 million will be worth a lot less than today.
minus-square@[email protected]linkfedilink18•1 year agoMaybe start it at 10m and index link it to the average wage thereafter. Make it in their own interests to boost everyone’s wages.
minus-square@[email protected]linkfedilink3•1 year agoMake sure it’s the median wage rather than the mean wage, otherwise they can just hugely increase wages for a few outliers.
minus-square@[email protected]linkfedilink11•1 year agoThat would get rid of inflation really fast as billionaires try to figure out how to deflate the currency.
minus-square@MajorHavoclink4•1 year agoI don’t think the billionaires survived the initial premise of this thought experiment.
All income over $10m per year is taxed at 100%. Foreign and domestic put together.
I get where you are going but it would make more sense to be based on a percentage above a living wage or something like that. In 100 years 10 million will be worth a lot less than today.
Maybe start it at 10m and index link it to the average wage thereafter. Make it in their own interests to boost everyone’s wages.
I like that idea!
Make sure it’s the median wage rather than the mean wage, otherwise they can just hugely increase wages for a few outliers.
That would get rid of inflation really fast as billionaires try to figure out how to deflate the currency.
I don’t think the billionaires survived the initial premise of this thought experiment.
I don’t have a problem with that
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