• positiveWHAT@lemmy.world
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    1 year ago

    I’m starting to wonder if a limit to personal wealth could counteract this. Say $20 mill. That includes ALL personal wealth – stocks to property. Everything above goes into funds managed by scientific counsils or to a semidemocratic technocrat government.
    Anyhow, I recon it needs to be funneled to people that lead by humane ideals and not let singular persons that go by money for moneys sake have such ridiculous amounts of power.

    • Nat@apollo.town
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      1 year ago

      There’s precedence for a 100% inheritance tax. And the highest income tax bracket was 70% for most of the last century, though now it’s 30%.