• exaybachae@startrek.website
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        3 months ago

        I prefer an income cap, 1 million a year, at a standard tax percentage, then all income above 1mil is taxed 100%. Capital gains are treated as income. Any profit is.

        But trading value that has already been taxed is not counted as income. So selling a 10mil house for 11mil is only taxed 1mil, as the 10mil was already taxed as income.

        Same for corps, but with a 10mil profit cap a year.

        The low cap discourages businesses from merging into massive conglomerates that control too much of anything.

        We don’t actually need national or international businesses.

        Of course I also approve of making for-profits outright illegal. So the cap wouldn’t even be relevant for businesses anyway, as they’d all be public services, and any ‘profits’ they made a year would just be put towards more, or better services, or improved employee compensation packages, or subsidizing costs in the future until prices balance back out, or refunds (all depending on the business/industry).

  • jballs@sh.itjust.works
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    3 months ago

    It still weird me out that there are only something like 600 billionaires in the US. This seems like such a solvable problem.

      • Alloi@lemmy.world
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        3 months ago

        if we did one per minute, we are looking at about 10 hours of solid thwacks. give or take. im sure we could shave that down by a few seconds per, they are a physically weak people on average. so i imagine we could get it done in half the time if we shave it to 30 seconds per billionaire. and have them all lined up. ready to go.

        thats an afternoon. about 5 hours at 30 seconds a pop.

        • jballs@sh.itjust.works
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          3 months ago

          I appreciate the Silcon Valley-esque efficiency calculation but honestly that’s not a super high requirement. 5 hours, 10 hours, a week, whatever. No need to speed run this thing. Honestly if we were good in a year I’d be thrilled.

          • JasonDJ@lemmy.zip
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            13 days ago

            We could really drag this out. Make a reality TV series. Merchandising rights. Lots of opportunities to make some money here…

        • chaogomu@lemmy.world
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          3 months ago

          Guillotine blades get dull. And they’re kind of heavy.

          So to keep things moving I motion that we set up half a dozen of them. Each one would handle 100 people, which would still absolutely wreck the blade. But that’s a price I’m willing to pay.

          • JasonDJ@lemmy.zip
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            13 days ago

            That’s not really fair to the billionaires at the beginning of the line, who are probably going to be the most deserving.

            Dulled guillotine blades for everyone!

        • JasonDJ@lemmy.zip
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          13 days ago

          Can’t we just re-tool the orphan crushing machine? I mean, it’s right there.

      • merc@sh.itjust.works
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        3 months ago

        At 5 minutes per execution, it could be done in just over 2 days. If you wanted to ensure that nobody missed any of the event and limited it to 8 hours per day, you could get it done in 1 week.

        • birdwing@lemmy.blahaj.zone
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          3 months ago

          You could do it even faster, just assemble 6 guillotines. Then you could execute 72 per hour instead of 12. You’d then be done in 8 hours and 20 minutes.

          Special holiday!