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Billionaires should not exist. (lemmy.world)

submitted 6 months ago by return2ozma@lemmy.world to c/politicalmemes@lemmy.world

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[–] maynarkh@feddit.nl 2 points 6 months ago

I think what limits its effectiveness is mostly that it's only the NL doing it. If it was EU wide, or even US-wide, the world would change a lot.

Even if it's not perfect now, I see that it is good that this tax exists for two reasons:

At least it's not taxing wages or consumption, which affect everyone but billionaires.
It serves as a model for going in that direction, so neolibs can't easily say there is no way to tax assets, or that taxing assets would crash the economy.