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by telotortium
1049 days ago
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Yes, like Rainier says, a VAT would be very helpful to have as well. The US can probably get away with a little less taxation in theory due to having so many PMC high-income earners, but that would depend on the US knowing how to run government services efficiently... My larger point is that Americans are largely under the delusion that heavily taxing the 1% would be enough, which is just not the case. |
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728 people in the US own more assets than half the US population together [1].
Let that fact sink in, and then ask yourself why the fuck no one in the US has taken to the pitchforks yet. At least here in Europe, the lower classes are on serious strike runs the last months - the UK, France and Germany are just examples.
You know what, you could leave each of these 728 uber rich people a billion dollar each. Enough money that neither they nor their children and their children have to work a day in their lifes ever. Basically, aristocracy, "landed gentry" or however you want to call it, just legally recognized. The rest of the wealth gets distributed among the population. Easy, isn't it?
[1] https://www.snopes.com/news/2023/04/13/728-billionaires-hold...