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by Applejinx 1059 days ago
I've done some math on this. It's INSANE how tiny of a percentage you can usefully tax away and get enormous societal benefits. You really, really don't need to go all 'Beatles Taxman' on it and confiscate everything over X amount. You can take just 1% of the pool of wealth and come out with enormous funding by the standards of what we use social benefits for.

The play money is so many orders of magnitude beyond what's used to keep society creaking along, that it's positively silly. The tiniest of wealth tax percentages can amount to whole social services budgets. These social services stop people with pitchforks from going after the billionaires and each other.
2 comments
qwytw 1059 days ago
> It's INSANE how tiny of a percentage you can usefully tax away and get enormous societal benefits

The problem in Norway's case is that the a lot of the richest people just moved to Switzerland or wherever...

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datavirtue 1058 days ago
A though occurred to me the other day. Taxes have become the offset for the inefficiencies capitalism. Each entity is independent, and therefore has to reproduce common things that could have been shared if society was organized differently.

Rabid liberalism is expensive.

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