Wage is worthless wording. Most ultra rich don’t have wages - at least not relative to their change in worth. We need to change how taxes fundamentally work.
Anyone with two brain cells can understand that it’s a wordplay on “minimum wage” and the implementation of this isn’t really going to rely on the narrow definition of wages.
Take a listen to the recent Grey Area podcast episode with Ingrid Robeyns. Her book is “Limitarianism: The Case Against Extreme Wealth.” and they talk about this very subject.
you dont need a max wage if you tax effectively. it would be 100% past a certain, massive amount.
That’s exactly how the article suggests setting the maximum.
“Wage” is rather poor wording then.
Wage is worthless wording. Most ultra rich don’t have wages - at least not relative to their change in worth. We need to change how taxes fundamentally work.
Anyone with two brain cells can understand that it’s a wordplay on “minimum wage” and the implementation of this isn’t really going to rely on the narrow definition of wages.
It seems unwise to rely on the uneducated masses to interpret things correctly. Perhaps clearer communication would be helpful.
That’s why there’s a whole text with explanations right below the headline
There are more words???
As you can see, lots of people don’t read those explanations.
Perhaps clearer communication would be beneficial.
Take a listen to the recent Grey Area podcast episode with Ingrid Robeyns. Her book is “Limitarianism: The Case Against Extreme Wealth.” and they talk about this very subject.
That just sounds like a maximum wage but with more steps.
its actually a max wage with less steps. no need to have a max wage definition at all, just extend current tax practices.
Plus it actually could be used to do something* crazy, like help people or the environment.
If the U.S. managed to do it, they’d use it to build up the military.
Iirc DoD… Yeah, never passed an audit
https://64.media.tumblr.com/220f8957ce7813f034a335d5fc3fc4d0/tumblr_no6d84XUfZ1trty0oo4_400.gif