this post was submitted on 24 Nov 2024
1119 points (95.5% liked)

Comic Strips

13235 readers
4068 users here now

Comic Strips is a community for those who love comic stories.

The rules are simple:

Web of links

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] HowManyNimons 1 points 1 month ago (1 children)

What we need to think about is how this works practically. A billionaire isn't someone with a billion dollars in their bank account: it's someone with a 50% share in a business with a market cap of $2bn. How do we address that fairly?

Now I'd say that a business with a certain level of profitability owes something to its employees, such that very few businesses would reach that level of capitalisation.

[โ€“] [email protected] 2 points 1 month ago

I don't see the issue, if we say 1 billion is too much (I would choose a lower maximum personally) if their wealth in any way or form is above the max, they have to sell a house or some asset, society in the form of the government (or whathever is in place) take the money to be used for public interest project. It's really not that punishing, they would literally be the richest people, and they would still have plenty of money/asset to enjoy life. They don't need more.