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[-] Blackmist@feddit.uk 3 points 1 hour ago

We need a tax system where the government figures out how much they need each year, and then just takes it proportional to net wealth above a certain amount.

You can bet Elon won't be declaring himself a trillionaire under that system.

[-] lemmyman@lemmy.world 3 points 1 hour ago

We need a tax system where the government figures out how much they need each year, and then just takes it proportional to net wealth above a certain amount.

That's exactly how property taxes work if you replace "net worth" with "assessed property value."

(As opposed to what some people think, that rising property values on their own lead to rising property taxes)

So yeah, why the heck not do the same with other forms of wealth?

this post was submitted on 24 May 2026
398 points (100.0% liked)

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