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That’s why taxing net worth is our next step. Make it a sigmoid curve that starts out at $10M and hits 100% taxation at $100M.
And yes, plenty of things can be “valued”. The Insurance industry has plenty of experience at this, as do branches of the government that estimate property values so cities can levy property taxes, and banks that extend loans to billionaires on the basis of securities being held.
If companies can attach dollar values to the lives that they destroyed due to OSHA/labour violations, then a taxable value can be assigned to pretty much anything a card-carrying member or the Parasite Class might own, or holds through a shell corp, holding company, or trust.
That’s why taxing net worth is our next step. Make it a sigmoid curve that starts out at $10M and hits 100% taxation at $100M.
And yes, plenty of things can be “valued”. The Insurance industry has plenty of experience at this, as do branches of the government that estimate property values so cities can levy property taxes, and banks that extend loans to billionaires on the basis of securities being held.
If companies can attach dollar values to the lives that they destroyed due to OSHA/labour violations, then a taxable value can be assigned to pretty much anything a card-carrying member or the Parasite Class might own, or holds through a shell corp, holding company, or trust.