Post #2917338
2025-06-20 23:55 UTC
@Dataless@dice.camp @zenhob@butts.team @artemis@dice.camp Yeah, but that's true of the hundreds of billions of wealth in the hands of individuals. It should have been taxed the way it was in the 50's and 60's -- at a 90% marginal tax rate.
Replies (2)
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@Dataless@dice.camp 2025-06-21 00:06
@JustinDerrick@mstdn.ca @zenhob@butts.team @artemis@dice.camp well, yes, but this does feel particularly egregious.
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@AccordionBruce@mastodon.social 2025-06-21 15:38
@JustinDerrick@mstdn.ca @Dataless@dice.camp @zenhob@butts.team @artemis@dice.camp I agree. Though I suppose then they’d all try harder to hide their money in anonymous accounts and invest in “crypto for billionaires” They’ve got everything propping up unaffordable international housing prices now Honest question: If the wealthy’s billions disappear what happens to the economy? They could still personally buy as much lifestyle as they want If their cash hoard was not sloshing around in the real world would that be bad or good?