With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.
With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.
Nailed it.
What we need is a securities tax: a tax on every stock, bond, and other financial instruments in their portfolio. No need to liquidate it; the shares are simply transferred to the IRS annually. They’ll liquidate those shares slowly over time.
Natural persons are exempted on the first $10 million of their portfolio. No exemptions for artificial persons.