Very few people have income (salary) that high. What’s needed is higher capitals gains and wealth taxes, to avoid loopholes and living from credits against stock.
I think a better loop terminating clause would be until the top 1% hold less than 2% of total wealth… Or something like that, you may want to adjust the percentage to your use case 😅
Very few people have income (salary) that high. What’s needed is higher capitals gains and wealth taxes, to avoid loopholes and living from credits against stock.
Fixing capitalism is a lost cause. What’s needed is a feast where we eat the rich.
And by rich, everyone means those with a dollar more than themselves, right?
No.
Eat the top 1%.
Rinse and repeat until there’s no longer a top 1%.
My day will come.
I think a better loop terminating clause would be until the top 1% hold less than 2% of total wealth… Or something like that, you may want to adjust the percentage to your use case 😅
You’re saying I might live after all?
You could still die if you inherit some wealth from the first few rounds of feasting and hold onto it …
So until the populations hits 99 people? Until the next baby is born.
Sounds about right.