The leading French economist Gabriel Zucman is urging European governments to inflict financial pain on American billionaires in response to US President Donald Trump’s effort to seize control of Greenland, a mineral-rich island that some of Trump’s rich campaign donors see as a potentially massive profit opportunity.

“Access to the European market—by billionaires and the companies they own—should be made conditional on paying a wealth tax: in effect, a tariff for oligarchs. If Elon Musk, for example, wants to keep selling Teslas in Europe, he should have to pay it. If he refuses, Tesla would lose access to the European market.”

  • Lucidlethargy@sh.itjust.works
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    13 hours ago

    I know some rich assholes here in the states… Put a 1000% tarrif on everyone visiting from the US. Nobody working class can afford it right now anyway.

    • bookmeat@lemmynsfw.com
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      13 hours ago

      This only affects the poor. It doesn’t affect billionaires, the ones who can affect change.

      • inclementimmigrant@lemmy.world
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        11 hours ago

        It’s cute you think the working class and working poor are clamoring for international trips.

        I mean, do I think it would be effective? No. But to say this would affect the poor as if this would be some kind of major impact? Come on.

        • tehn00bi@lemmy.world
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          24 minutes ago

          Looks at my bank account…. Nope, no money for a European trip anytime soon. I need a new roof more than a trip. Besides, by the time I have the money, it’s likely going to have little value. Yay to being the new Zimbabwe

        • bookmeat@lemmynsfw.com
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          10 hours ago

          I think you don’t have the same definition of poor as I do in this context. Poor for me means not a billionaire oligarch.

          • 9488fcea02a9@sh.itjust.works
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            1 hour ago

            According to lemmy, anyone with a retirement fund and able to go on even one vacation a year, is not working class… anyone who owns their home, and basically has a net worth over $1M, is not working class…

            This kind of mentality completely works against the class consciousness we need to be building…

            Hell, we need to be getting people with $5M net worth on board with us (i’m just throwing arbitrary number out). The target shouldnt be the 1% anymore… it’s the 0.1%