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I under stand the human desire to compete in wealth as a [genitalia] measuring contest, but there should probably be a cap somewhere...
Maybe a cap at somewhere between 500K and $10Mil, I'm not sure where, but someone else fancy enough to write laws should maybe figure it out... cuz any amount higher kinda make no sense.
Oh and redistribute the excess as a UBI that everyone would get.
I don't like the bandwagon of "kill billionaires". Like why need to kill when we can just seize excess funds that they don't need and redistribute, everyone can just chill.
The guillotines solve for the issue of using hoarded capital to tie up seizures in endless legal proceedings.
I don't hate guillotines, but I'm more afraid of non-rich people getting falsely labeled as collaborators and also getting executed.
Once you start killings, you can't really control who is next in getting killed. I just want to seize assets and call it a day.
500k is absurdly low these days to be considered rich. Thats like a house in the midwest, or around half a house in cali
Unless the real estate bubble pops, which I have no faith in happening anytime soon.
I mean like, I said somewhere between 500K to 10Mil. I'm no expert, but maybe someone experienced in the economy would decide where to draw the line.