pinkdrunkenelephants@sopuli.xyz to Asklemmy@lemmy.ml · edit-21 year ago[Serious] The revolution was successful! The old government is gone. You get to help write the new Constitution. What do you put into it?message-squaremessage-square413fedilinkarrow-up1185arrow-down122
arrow-up1163arrow-down1message-square[Serious] The revolution was successful! The old government is gone. You get to help write the new Constitution. What do you put into it?pinkdrunkenelephants@sopuli.xyz to Asklemmy@lemmy.ml · edit-21 year agomessage-square413fedilink
minus-squareGombeenSysadmin@feddit.uklinkfedilinkarrow-up22arrow-down4·1 year agoAll income over $10m per year is taxed at 100%. Foreign and domestic put together.
minus-squareConyak@lemmy.tflinkfedilinkEnglisharrow-up23·1 year agoI get where you are going but it would make more sense to be based on a percentage above a living wage or something like that. In 100 years 10 million will be worth a lot less than today.
minus-squareGombeenSysadmin@feddit.uklinkfedilinkarrow-up19·1 year agoMaybe start it at 10m and index link it to the average wage thereafter. Make it in their own interests to boost everyone’s wages.
minus-squareJohnDClay@sh.itjust.workslinkfedilinkarrow-up3·1 year agoMake sure it’s the median wage rather than the mean wage, otherwise they can just hugely increase wages for a few outliers.
minus-squareJohnDClay@sh.itjust.workslinkfedilinkarrow-up11·1 year agoThat would get rid of inflation really fast as billionaires try to figure out how to deflate the currency.
minus-squareMajorHavoc@lemmy.worldlinkfedilinkarrow-up4·1 year agoI don’t think the billionaires survived the initial premise of this thought experiment.
minus-squareBeanCounter@sh.itjust.workslinkfedilinkEnglisharrow-up1·1 year agoThey will just move their companies in other countries, as they do now.
All income over $10m per year is taxed at 100%. Foreign and domestic put together.
I get where you are going but it would make more sense to be based on a percentage above a living wage or something like that. In 100 years 10 million will be worth a lot less than today.
Maybe start it at 10m and index link it to the average wage thereafter. Make it in their own interests to boost everyone’s wages.
I like that idea!
Make sure it’s the median wage rather than the mean wage, otherwise they can just hugely increase wages for a few outliers.
That would get rid of inflation really fast as billionaires try to figure out how to deflate the currency.
I don’t think the billionaires survived the initial premise of this thought experiment.
I don’t have a problem with that
They will just move their companies in other countries, as they do now.