this post was submitted on 11 Aug 2023
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After an entity reaches an annual cap (say $5m profit), 95c of every dollar should be taxed
Gonna need tons of capitals controls to prevent money from leaving, rich people are good at moving. To what end? So the federal government gets even more money to spend on subsidies, police riot gear & highways. They'd turn the Pentagon into an octagon before they'd meaningfully help their citizens.
Yeah it’s not the only thing that would need to change for sure… I didn’t want to get too crazy here 😝