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brycyclecrash t1_iwqfmls wrote

Reply to comment by YaAbsolyutnoNikto in To save the world or to shape a better world, what is the most critical action to take? by Born-Worth-5611

Little things like Capital gains tax, monopoly busting, and regulations on the stock market. I'm no economist but I know it's possible and won't hurt the poor.

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YaAbsolyutnoNikto t1_iwqjfns wrote

Yes, but all those things (like we have in the EU) don’t invalidate the existence of billionaires because, once more, their wealth tends to be in assets, not cash.

They still exist, it’s just harder to get there. So you’re definitely not “taxing them out of existence “

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brycyclecrash t1_iwrqnv8 wrote

It's also a hypothetical scenario. So in my fantasy all that shit has been worked out.

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