2026-10-17 21:50 UTC
Because if you do the one-time tax, people might start asking for a permanent rise in billionaire taxes. When it succeeds, people might start asking about broader redistribution policies.
They cannot allow one single victory, because any momentum to the left threatens their absolute power, and wherever possible will crush it under their heel.
Replies (1)
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@krisevol@lemmus.org 2026-10-18 04:00
But it’s a wealth tax. What do you do if their wealth goes down before if realized into cash? So you refund them? What do you do when they don’t have the cash to pay the tax? Force liquidations? Who buys the assets? Blackrock or china?