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just temporarily embarrassed billionaires, one good idea or lottery ticket from making it rich
(lemmy.today)
this post was submitted on 15 Aug 2026
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
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So every billionaire is going to selling stocks. You do realize the owners is these stocks are going to either be china or Black Rock if that happens. They are the only ones that would be able to afford to buy them. It would be a massive transfer of weath to big corporations or even worse a foreign country.
An idea I've come across is to tax the shares directly into a fund held by the IRS to be sold over time on the market. I haven't extensively thought through it myself, but that could help spread the buying period allowing more people/orgs to afford to buy it. Also helps the market not crash every year when everyone is forced to sell.
They did it for a bitcoin hack or scam too. They sell it by small amount and reimburse the scammed.
So basically lower the stock returns by devaluing the gains and giving Black Rock all our stocks. The only thing i see happening with that is it's people are not going to be able to retire and they will need to work more because the returns in the market will vaporize their chance to retire.
When the rich move to inventing in hard assets instead of the market, housing will go up as investors buy up the market. Meaning taxing the unraised gains will cause more people to be priced out of housing as well.
Ypu can end discussion about funding something or something getting defended by wouldn't have to close it if billionaires paid fair taxes.
So they you expect them to keep acting as parasite and you mean the law can reign them ? That doomerisme buddy, don't loose hope. And action need to be pushed at many level, you need to spread the idea if so much people start speaking about taxing billionaires constantly the subject will have to be treated.