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I'll talk about world wide wealth caps!
I want that nobody can have a net worth of more than, say, 10 million dollars. After that, all income over that goes 100% to taxes until you're under it.
Imagine the same tax brackets that we now have, bit with much more brackets and the last one is 100%
This simple limit has a huge list of implications. Nobody can be extremely wealthy anymore, governments get so much tax income that they can implement all the socialist rights like free healthcare, free education, universal basic income, etc.
No more poverty
No more wealth inequality, meaning that everybody can live a good life
No more extremely large companies because upu need an incremental amount of shareholders to be able to increase its size..
Corruption? It's hard to buy someone when henl can't really give you much power and the buyer won't be able to offer that much and the risk of getting caught is still the same
You can work harder and earn more, but why would you if your life is good and happy? For those that need to innovate, there is still richdoms to get, but with reasonable limits
This of course needs to be implemented world wide to work well, and the exact limit is for others to function, but I believe this to be possible and extremely positive for humanity.
Needs a lot more work but for the 30 seconds given...
Okay seems like a good idea. whats the disadvantages of this?
Jefflon Zuckerthiel can only afford (1) yacht.