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#extremelywealthy — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #extremelywealthy, aggregated by home.social.

  1. The reason why a reverseLottery for the #extremelyWealthy is needed, is because it introduces #uncertainty - or "Constructive Ambiguity".

    If everything #tax related is 'set in stone' so to speak, the extremely wealthy will hire the best #taxLawyers to go up to the thresholds of what is "#legal".

    By introducing a #SlidingScaleOfUncertainty, those #perverseIncentives start to go out the window.

    It just won't be worth playing these myopic #taxAvoidance tricks.

    #constructiveAmbiguity #tax

  2. @info_activism
    If a #billionaire doesn't pay at least 50% in tax, but #laundersIdentity through #philanthropy, they should go into a database. At random one (or 2%) of these #billionaires will have to pay 70% of their yearly #revenue in that country in tax or be #brokenUtp.

    Our namesake, #DickSmith, as part of his #FairGo movement wanted the #extremelyWealthy to pay they way.

    He called for more #transparency on tax returns – to shame those #greedy, wealthy few.

    #fauxlanthropy #reverseLottery

  3. Have people worked out that the extremelyWealthy are now just buying #bitcoin every time money is printed for them?

    The only difference between how an elite and how a pleb buys bitcoin is that the pleb stores their keys unencrypted on a server owned by the #extremelyWealthy.

    Later when elite steal your coins they will blame it on "#hackers".

    Tell your friends to be very careful.

    #notYourKeysNotYourBitcoin #pirates #swindlers #PGP #GPG #startUsingEncryption #useEncryption

  4. @lj_writes
    PS. We are not Dick, just supporters of his #FairGo movement, which involves three main pillers being #reduce the extreme #populationGrowth that serves only the very #extremelyWealthy by providing more #consumers and #lowerWages, making sure the wealthy pay their fair share in tax, and getting money out of politics.

  5. @publius
    @strypey

    <see prev comment>

    The #extremelyWealthy #onePercenters love that we are distracted from #HenryGeorge-style #taxation. Until its adopted the #elite will continue to continue with #taxEvasion via #financialEngineering. Its too easy to claim losses to #shellCorporations and mates.

    See also #Georgism, or 18th century book, #ProgressAndPoverty.

    Quick question: Does NZ non-organic #bread and other confections also have #soyFlour (as they do in #Australia)?