this post was submitted on 01 Nov 2024
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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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[–] phoneymouse@lemmy.world 37 points 2 weeks ago* (last edited 2 weeks ago) (9 children)

Just tax any income above $10,000,000 per year at 90%. There really isn’t a need for more than that.

[–] Moneo@lemmy.world 26 points 2 weeks ago (5 children)

Billionaires have very little taxable income. We need a wealth tax.

[–] Rivalarrival@lemmy.today 1 points 2 weeks ago

1% tax on all registered securities, payable in shares of those securities. First $10,000,000 owned by a natural person is exempted.

All securities collected in tax are resold by IRS liquidators in small lots over time, constituting no more than 1% of total traded volume of each security.

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