this post was submitted on 30 Sep 2023
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It's quite easy to get rid of billionaires (raise taxes, they will move away), but it's a question whether it is really beneficial for the country.
they are free people. They can leave at any time. But the money and capital they own in the country must stay in the country.
Easy to say, difficult to do in practice.
Oh easy to do in practice, hard to do with politicians choosing what happens though.
Easy? Who’s going to raise taxes for them, politicians? The same politicians whose campaigns are financed by these billionaires? Whose reputation can be tainted by the media conglomerates owned by these same billionaires?
There’s no stopping them now, and I have no idea how this is going to end. Things happen too fast now. I fear for the future.