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Progressives Unveil OLIGARCH Act to Combat 'Existential Threat' of Extreme Wealth
(www.commondreams.org)
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this post was submitted on 27 Jul 2023
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politics
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That's it? The highest one is 8%? Wtf is this, a joke? No one needs billions of dollars. No one should hoard billions while others sleep in the streets. Hell, billionaires shouldn't exist at all.
Edit: also where is the "assets" and stocks tax?
It’s so soft and yet there is still 0% chance of this going anywhere. That’s where we are smh.
Yup. I've literally given up hope on this government. At this point, I'm just waiting for a total collapse of this country. It will happen, but I don't know when.
Sounds like where I'm at. The Paranoia Agent OP just keeps getting louder and louder in my head with every passing year.
Paranoia Agent...now that's a name I haven't heard in a long time.
Have a fun 16 and a half-ish years
It's common sense. You can't have infinite growth from a finite source. It just doesn't work that way. Billionaires know this, that's why some of them are actually building bunkers and "post apocalypse" places for themselves. They know it burns, yet, they keep playing with fire. Education and health of societies are very important, like the article says, but capitalism doesn't care. Those short term profits are more important until they don't mean shit anymore, or don't even come by. I'm waiting patiently. I'll be in my 50s. I grew up very poor in a 3rd world country and I know I will survive it easily.
I don't think that report took into account the effect of feedback loops. I give it like ten, at the rosiest.