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by nightski
1445 days ago
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Meh the government doesn't need more money to conduct frivolous and corrupt spending with. However it might be interesting to explore an option that required people who own a stake in a company that has grown beyond a certain size to be required to siphon off some of those shares to employees over time in a way where it was not conducted on the open market and would not affect share price. I also question whether corporate entities should be allowed to own shares and what the benefits are of that. Should private investment firms be allowed to accumulate massive stakes in public companies? |
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Local governments are starved for money, and almost all of their funding comes from local property taxes, that is, normal people. So, these mega-rich are allowed to get unboundedly wealthy, while normal people have to pay to keep society running as a minimal level. The mega-rich's money, as well as corporations', needs to flow back through the system. It does no good to let it concentrate so heavily and ultimately do nothing while it sits there.