#wealthtax — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #wealthtax, aggregated by home.social.
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I think it would be better to tie it to a multiple of the minimum wage e.g ~3 or something like that. Then people would find it worth running for and they would be incentivised to increase the minimum wage.
But the problem isn't really their pay, IMO, it's what they can do with it. They can buy up shit, invest in companies they collude with to increase their yield, and basically build up their wealth. A #WealthTax would make it much more difficult to do so. They'd have to spend the money and re-inject it into the economy instead of hoarding it like a bunch of geriatric dragons.
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I think it would be better to tie it to a multiple of the minimum wage e.g ~3 or something like that. Then people would find it worth running for and they would be incentivised to increase the minimum wage.
But the problem isn't really their pay, IMO, it's what they can do with it. They can buy up shit, invest in companies they collude with to increase their yield, and basically build up their wealth. A #WealthTax would make it much more difficult to do so. They'd have to spend the money and re-inject it into the economy instead of hoarding it like a bunch of geriatric dragons.
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Billionaire money at work. Tax their wealth, then they can't buy up propaganda machines to influence the population. Wherever you are, vote for a #WealthTax or #TaxWealthNotWork . If you don't, they will only keep amassing wealth and power that leads to results like these.
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Billionaire money at work. Tax their wealth, then they can't buy up propaganda machines to influence the population. Wherever you are, vote for a #WealthTax or #TaxWealthNotWork . If you don't, they will only keep amassing wealth and power that leads to results like these.
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Billionaire money at work. Tax their wealth, then they can't buy up propaganda machines to influence the population. Wherever you are, vote for a #WealthTax or #TaxWealthNotWork . If you don't, they will only keep amassing wealth and power that leads to results like these.
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Billionaire money at work. Tax their wealth, then they can't buy up propaganda machines to influence the population. Wherever you are, vote for a #WealthTax or #TaxWealthNotWork . If you don't, they will only keep amassing wealth and power that leads to results like these.
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whats so great about hoarding wealth?
whats so great about hoarding wealth? #wealthtax #twnw -
The money raised by taxing billionaires out of existence will do more than help with the budget. Taking their money would make it impossible for billionaires to buy governments and write budgets to benefit themselves.
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The money raised by taxing billionaires out of existence will do more than help with the budget. Taking their money would make it impossible for billionaires to buy governments and write budgets to benefit themselves.
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The money raised by taxing billionaires out of existence will do more than help with the budget. Taking their money would make it impossible for billionaires to buy governments and write budgets to benefit themselves.
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The money raised by taxing billionaires out of existence will do more than help with the budget. Taking their money would make it impossible for billionaires to buy governments and write budgets to benefit themselves.
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The money raised by taxing billionaires out of existence will do more than help with the budget. Taking their money would make it impossible for billionaires to buy governments and write budgets to benefit themselves.
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Macro Matters: Can billionaire taxes fix Europe’s budget?
Fiscally hawkish EU countries are pushing for a smaller seven-year budget, prompting debate over taxing billionaires to fill the gap, with Nomura's George Buckley saying taxes must rise sharply to make a real difference. #News #Reuters #Newsfeed #EUBudget #GeorgeBuckley #Nomura #BillionaireTax #Brussels #EuropeanUnion #EUElections #FiscalPolicy #WealthTax #EuropeNews #BusinessNews #WorldNews #BreakingNews…
https://fllics.com/en/video/macro-matters-can-billionaire-taxes-fix-europes-budget/
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A Plan for Equality & Prosperity Within Planetary Boundaries
A habitable world is possible"The Global Justice Report is part of a broader international agenda for planetary habitability, social justice, and reform of the global financial architecture."
"The Global Justice Project attempts to set out a new vision for global progress in the 21st century: grounding human development and equality in planetary habitability. It explores the conditions under which the world could move toward this horizon and traces an economically and ecologically consistent transition path from 2026 to 2100." >>
https://globaljusticeproject.wid.world/Summary: The Global Justice Report
A Plan for Equality & Prosperity Within Planetary Boundaries
"It is possible to reconcile planetary habitability and high well-being for all, but only if the transformation rests on three pillars simultaneously. Fast decarbonization of energy systems is necessary. But we also need a major shift toward sufficiency – understood as a sharp reduction in labour hours and material footprint and large changes in consumption patterns, food habits, land use, and forest cover. In addition, neither decarbonization nor sufficiency can be financed and politically sustained without a drastic reduction in inequality of income, wealth and power, both between countries and within them. The compression of global inequality is not only compatible with deep decarbonization; it is a necessary condition for shared prosperity on a finite planet." >>
https://globaljusticeproject.wid.world/insight/summary/
#GlobalJusticeReport #inequality #SocialJustice #redistribution #WealthTax #ExorbitantPrivileges #SWF #Climate #PlanetaryBoundaries #ClimateCosts #disasters #PlanningCertainty #habitability #HabitableWorld #BigChange #IgnoredByMSM -
Heh. Even #USAToday is talking about the #DSA! Caution - Contains #RedScare Propaganda!
#DemocraticSocialists of America propose radical overhaul of US govt
The Democratic Socialists of America want to fight for working-class Americans by offering #FreeHealthcare and abolishing the U.S. Senate [sic]. What else does their #WorkersDeserveMore platform say?
by Emily R. Condon
Updated Aug. 2, 2026,Excerpt: "Although not all self-described #DemocraticSocialists are in the Democratic Socialists of America, the DSA is an increasingly influential player on the left. Members include New York Rep. #AlexandriaOcasioCortez, New York City Mayor #ZohranMamdani and Michigan Rep. #RashidaTlaib, all Democrats. Three Democratic nominees for U.S. House of Representative seats – #DarializaAvilaChevalier and #ClaireValdez in New York and #MelatKiros in Colorado – also belong to the group, as do a growing list of state and local officials.
"A third of #Democrats identify as democratic socialists, according to a July 30 CNN poll, but it's possible that quite a few of those are not familiar with some of the DSA's more unusual suggestions for overhauling the U.S. government. A July 28 Reuters/Ipsos poll revealed that 47% of Americans say they don't understand democratic socialist policies.
"While President Donald Trump and his GOP allies slam democratic socialists as
'#communists,' the Democratic Socialists of America is defining its own brand in the new platform."The 120,000-member organization's policy roadmap has three sections:
- Thriving Working-Class Communities
- Working-Class Foreign Policy
- Working-Class Democracy "Read more [or not. I'll be posting the official DSA platform soon...]:
https://www.usatoday.com/story/news/politics/2026/08/02/democratic-socialists-america-platform/91092595007/#USPol #TaxTheRich #VotingRights #Unionize #WealthTax #MultiPartyDemocracy #NoLobbying #NoDarkMoney #GetMoneyOut #SocialistVampires #SocialismIsScaryForTheRich
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"The Case for California’s Billionaire Wealth Tax", today’s NYT Op-Ed from Gabriel Zucman and Emmanuel Saez: https://web.archive.org/web/20260526122143/https://www.nytimes.com/interactive/2026/05/26/opinion/wealth-tax-california-billionaire.html
The iceberg images are especially striking. 78% of Zuckerberg's, Page's, Brin's, Huang's wealth accumulation is “underwater” .
#wealthTax #CGT #taxTheRich #California #wealth #money #accumulation #inequality #inequalities #households #Zuckerberg #MarckZuckerberg #LarryPage #SergeyBrin #JensenHuang #Meta #Google #Nvidia #AIBubble #Zucman #Saez
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It’s now almost impossible to work your way to riches, says report into growing wealth gap
Britain’s wealth gap is growing and it’s now practically impossible for a typical worker to save enough to…
#NewsBeep #News #Personalfinance #AU #Australia #britain #Business #Finance #householdwealth #PersonalFinance #ResolutionFoundation #wealthgap #wealthtax
https://www.newsbeep.com/au/200213/ -
Wealth taxes could raise £10bn to help plug Tory budget hole, say economists | Tax and spending | The Guardian
https://www.theguardian.com/politics/article/2024/jul/28/wealth-taxes-britain-10bn-tory-budget-hole-economists#WealthTax
#Tories
#Labour
#Budget
#BudgetHole
#InheritanceTax
#CapitalGainsTax
#ResolutionFoundation
#InstituteForFiscalStudies
