this post was submitted on 06 Jun 2024
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Late Stage Capitalism

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One of the major points of our party for the upcoming election is to introduce a tax on people with a net worth of over 5 million euro. The tax has been calculated by independent checkers and it is estimated that it will rake in 8 to 10 billion euro annually.

Everyone and their mother is now saying that a tax like that would be a disaster as every rich people 'will just flee the country'. Which they will not, as has been shown by previous countries like France introducing a similar tax FOR DECADES with less than 0.2% of the rich people leaving.

But what saddens me the most is that so many people just accept this threat as normal. Like, what does it say about our system if rich people hoarding all the wealth without contributing to society can throw a fit and leave? Is that not a sick system to live in? You off all people are the one creating the wealth for these people. Be mad, please. Be outraged that they dare to do something like that, while our government is planning to cut the budgets of healthcare, education, public transport and whatnot. For fuck's sake have some dignity.

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[–] redtea@lemmygrad.ml 21 points 5 months ago (1 children)

Let them go. They'll struggle to leave with their telecommunication lines and their football clubs and their factories and their farmlands. Rich people leaving doesn't have to mean wealth leaving.

[–] DankZedong@lemmygrad.ml 1 points 5 months ago (1 children)

And their customers of course. Apple can move their profits and whatnot elsewhere. It's a bit hard to remove your customers from their country. And we can very easily measure the amount of products Apple sells.

[–] redtea@lemmygrad.ml 1 points 5 months ago

TBF if they want to move their wealth to a tax haven in the Caribbean and pay to relocate me as a customer, I wouldn't object too much.