Don't tease me like this.
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I'm for giving them a choice. The guillotine or we take away their money and make them work a minimum pay position in one of their factories for the rest of their lives. I'm pretty sure they would take the guillotine after a week.
Can't shake the feeling that swapping panels 1 and 3 would make more sense.
the amount of billionaire taint licking in this post is depressingly high.
the hilarious thing about these apologists is that the majority of the 1% wouldn't even piss on them if they were on fire. we are beneath them.
Every healthy society requires a robust guillotine maintenance capability, ideally across all competencies.
No, no, we can’t be mean to the rich, that will upset them 🥺
Yes, kill them, by taxing them out of existence.
they will just come up with another new deal to temporarily calm us down.
then work on better propaganda to keep us submissive in the meantime.
This would be ideal but I'm skeptical that it's actually possible. Bribes are cheaper than taxes, so I think they'd likely just prevent the taxes from happening by greasing the correct palms.
Well yeah, that’s exactly what’s happened for at least the past 50 years. In 1968 corporations were paying 53% of their profits in taxes, and billionaires were paying 94% around that time! Btw, if you’re making billions, paying 94% still leaves you richer than most…
Contrast that to today, where the system is so obviously broken during a time when Amazon is paying less in total taxes than a fry cook at McDonald’s.
It would need to be done with actually no loopholes, and meaningful enforcement of consequences for those who would try to cheat (perhaps the guillotine).
one big issue is everyone goes "you can't tax stocks!" and then billionaires take a loan against the stocks with the unrealized gains as collateral. So we'd need to start classifying a loan as a realized gain of the collateral against this, with an exception for mortgages on primary domiciles, maybe also a "first million dollars are exempt," calculated on the full debt of the borrower, not per loan. I can't imagine anyone taking out more than $1M in debt against a properly they don't live in is not the rich we need to be taxing.
Yeah. Virtually anything with an exception for the first million dollars will both lose almost no tax revenue (as a percentage), and never ever touch the rest of us temporarily embarrassed not-quite-yet-billionaires.
Don't they already just avoid paying taxes by not having a salary and just using bank loans or something? So they have no actual money in the bank
I think people would be okay with taxing them away, as well. It could be fine to give an either-or option to each billionaire, even.
Who will do this? Trump? Kamala? Superman?
This is not the way...
I support this idea. Invite most of the world's nations' leaders, too. I think the Met-gala attendees and G20 summit attendees might be a good starting point all-in-all. Then seize the means of production etc., you know how it goes.