2026-02-23 19:00 UTC
Outlaw billionaires, tax them out of existence, and use the proceeds to fund needed social programs like medical care for all and universal basic income.
They can still be richer than 99% of us as multimillionaires, and the more wealth these elites create, the better our society becomes through the tax sequestration - it’s a win win.
Replies (3)
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@Midnitte@beehaw.org 2026-02-23 19:13
Plus, we already know it works. We just need to tweak it to take into account the ways the rich cheat the system.
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@homura1650@lemmy.world 2026-02-23 20:18
What’s the difference between millionaire and a billionaire? About a billion dollars.
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@birdwing@lemmy.blahaj.zone 2026-02-24 12:10
I’d prefer abolition of the system entirely that makes this possible. If we just tax the rich, they will be able to reinstate the system however long it takes. Make it as unattractive for them as possible to even consider working against society’s wellbeing. That must mean social ownership of the entire economy, in the hands of all through mutual aid, give-it-forward, communes, and trade unions.