this post was submitted on 08 Jul 2026
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[โ€“] Eq0@literature.cafe 12 points 19 hours ago (1 children)

Not false, but something has to give. Billionaires are a drain on society, the conditions that allowed their creation tanked the middle class. They centralize capital in their hand at the downfall of everyone else. A wealth tax is a step forward. Ideally, combined with international agreements with the biggest fiscal havens to not let them run away.

I want to stress how the rise of billionaires is a global phenomenon. In an ideal world, all nations would slowly implement wealth taxes.

[โ€“] GoatSynagogue@lemmy.world -3 points 7 hours ago

Billionaires are generally the wealth creators, not drains. How many people do bezos and musk employ? How much tax do they, their companies, and their employees contribute?