this post was submitted on 15 Mar 2025
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Eat the rich
tax the rich
3% of their net worth annually, give it all to the people. universal basic income.
I could get down with that.
that seems like a pretty small number, even if its based on networth. we can do much better than that.
don't forget that 3% annually over 20 years is still something like almost 60%.
actually a little bit less if you consider how exponential functions work, it's actually
exp(-0.6) ≈ 0.5, so it's closer to 50% but still good.im firmly in the camp that billionaires simply shouldnt exist, hence my position, but i get what you're getting at lol. gotta start somewhere.