One way would be to instead of putting a hard limit to put a tax to everything above that million or whatever number is decided. A tax on hoarding wealth.
The second point is the biggest issue because it could potentially make the place you live unaffordable by just being where it is.
That limit can be updated yearly following the inflation.
Tax the crap out of wealth over value X, let the ghouls fight to earn slightly more, while the government gets plenty of tax incomme.
This is what I like about the social democratic ideology, it has high taxes to fund a safety net, yet retains a market economy to bring in higher earnings and thus taxes.
I agree with your take on this. I think 1M is way too low. But 1 Billion… It’s a bit easier to imagine the “you can’t or the dictatorship will seize something” idea.
The reality is that the wealthiest people usually influence the most
I would probably also include the wealth one owns and not just money (because thats useless, they would just use a different currency) and set it to like 40-50 houses in value. If they own a company that gets bigger the country gets shares
50 Houses might seem a lot in value (especially depending on what kind of building) but it already would distribute a lot of wealth + allowing the dream of being filthy rich with less consequences to the rest of the population
Because its just an idea i dont think about the specifics of the exact limit and such
You absolutely has to justify your actions, you will only be in power as long as your subordinates will follow your orders.
You can’t just do whatever you want, you need to have a strategy, now doing this dictator stuff right will give you insane levels of power, but you can’t just go crazy and boss everyone around from the get go, you need to reward your loyal subjects and create levels of privilege and harsh punishments for the people to enjoy and stay loyal.
The house is only worth what the market will pay for it, if you aren’t selling your $10m mansion then it’s worth nothing. Sadly if you do try to sell it you’d probably need to move to the barter system and agree with the buyer that $10m worth of arbitrary goods is actually worth $15.95, just like your house …
That is increadibly hard to do.
One way would be to instead of putting a hard limit to put a tax to everything above that million or whatever number is decided. A tax on hoarding wealth.
The second point is the biggest issue because it could potentially make the place you live unaffordable by just being where it is.
That limit can be updated yearly following the inflation.
This.
Tax the crap out of wealth over value X, let the ghouls fight to earn slightly more, while the government gets plenty of tax incomme.
This is what I like about the social democratic ideology, it has high taxes to fund a safety net, yet retains a market economy to bring in higher earnings and thus taxes.
I agree with your take on this. I think 1M is way too low. But 1 Billion… It’s a bit easier to imagine the “you can’t or the dictatorship will seize something” idea.
The reality is that the wealthiest people usually influence the most
I’d do the same but at 1b. And then execute anyone that steps over 1B. It’s incredibly easy to not be a billionaire.
If you’re almost a billionaire there a numerous ways of hiding your wealth.
This is a delight, and you are correct. That said, in the spirit of this silly thread, I provide solutions, below:
Yes. It will be time to get some roommates.
Yes. Or rather, exactly half of the house. Time to rent a storage unit, and put up some tarps to divide the entryway.
Better sell some.
Cost of living increases have long been understood and easy enough to calculate.
But - when I’m global leader, COLA for millionaires will only start after exactly as many years as the local minimum wage went without updates.
I would probably also include the wealth one owns and not just money (because thats useless, they would just use a different currency) and set it to like 40-50 houses in value. If they own a company that gets bigger the country gets shares
50 Houses might seem a lot in value (especially depending on what kind of building) but it already would distribute a lot of wealth + allowing the dream of being filthy rich with less consequences to the rest of the population
Because its just an idea i dont think about the specifics of the exact limit and such
If you’re a dictator, surely you don’t have to justify any of your actions and just do whatever you want, right?
You absolutely has to justify your actions, you will only be in power as long as your subordinates will follow your orders.
You can’t just do whatever you want, you need to have a strategy, now doing this dictator stuff right will give you insane levels of power, but you can’t just go crazy and boss everyone around from the get go, you need to reward your loyal subjects and create levels of privilege and harsh punishments for the people to enjoy and stay loyal.
The house is only worth what the market will pay for it, if you aren’t selling your $10m mansion then it’s worth nothing. Sadly if you do try to sell it you’d probably need to move to the barter system and agree with the buyer that $10m worth of arbitrary goods is actually worth $15.95, just like your house …