@pinkdrunkenelephants to Asklemmy@lemmy.ml • edit-29 months 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-square328arrow-up1181arrow-down123
arrow-up1158arrow-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 to Asklemmy@lemmy.ml • edit-29 months agomessage-square328
minus-square@GombeenSysadmin@feddit.uklinkfedilink18•9 months agoAll income over $10m per year is taxed at 100%. Foreign and domestic put together.
minus-square@Conyak@lemmy.tflinkfedilinkEnglish23•9 months 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-square@GombeenSysadmin@feddit.uklinkfedilink19•9 months 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-square@JohnDClay@sh.itjust.workslinkfedilink3•9 months agoMake sure it’s the median wage rather than the mean wage, otherwise they can just hugely increase wages for a few outliers.
minus-square@JohnDClay@sh.itjust.workslinkfedilink11•9 months agoThat would get rid of inflation really fast as billionaires try to figure out how to deflate the currency.
minus-square@MajorHavoc@lemmy.worldlinkfedilink4•9 months agoI don’t think the billionaires survived the initial premise of this thought experiment.
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
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