100% tax for money after $500 Million. Also, tax corporations the full salary of the worker that is replaced by AI/automation/robotics to fund universal basic income.
Start a little earlier, personal income above 10 million gets a 90% tax without loopholes, and no tax until the cost of living (At least until the government sorts out universal basic needs.)
Don’t tax income, just tax wealth. Income gets bypassed currently because by no means are stocks money, but you can borrow against them. If stocks hav value to borrow against they are wealth though
100% tax for money after $500 Million. Also, tax corporations the full salary of the worker that is replaced by AI/automation/robotics to fund universal basic income.
Start a little earlier, personal income above 10 million gets a 90% tax without loopholes, and no tax until the cost of living (At least until the government sorts out universal basic needs.)
Don’t tax income, just tax wealth. Income gets bypassed currently because by no means are stocks money, but you can borrow against them. If stocks hav value to borrow against they are wealth though
Implying loopholes are part of every law’s original vision?
I like the later part.