#wealthtax — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #wealthtax, aggregated by home.social.
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#DemocraticSocialism Is the Compromise Position
Given our scale of #inequality, the #egalitarian reforms of democratic socialism are only the start of what we should strive for.
Kyle Schmidlin, Jul 31, 2026
Excerpt: "Reforming the #SecondGildedAge
"Whether or not one agrees with such ideas, it’s a discussion that free people are within their rights to have. Though we often treat #capitalism as a national religion, there’s nothing sacred about it. Even the US Constitution is surprisingly agnostic on questions of economic organization. It’s not encoded in our DNA—in fact, we are much more naturally inclined toward cooperation than competition. Humans have a virtually infinite number of ways we can arrange society, and we are in desperate need of rethinking ours.
"Because for the last few decades, the American economy has grown ever more off-balance, to the point where many analysts now say we’re in a second #GildedAge. We recently minted the world’s first trillionaire, while about half of us would be wiped out by any major illness, accident, or job loss. Workers have lost power, essentials like housing and healthcare are increasingly out of reach, and practically all the gains of our productivity have been accumulated at the very top, with #corporations posting record profits. #Billionaires are multiplying their wealth faster than ever, building anti-revolution doomsday bunkers, and plotting to rule their own fiefdoms as #CEOKings.
"We live in a society that’s obsessed with law and order for things like #shoplifting or overstaying a visa, but largely looks the other way on #CorporateCrimes like #pollution, #WageTheft, and #fraud—not to mention #WarCrimes and #genocide. The president is a convicted felon who wants you to ignore his decades-long friendship with a child sex trafficker and instead fear and hate the immigrant next door.
"In such a system, elites should feel relieved that people are only demanding, say, a few public options for groceries, rather than revolting. The wealthy surely all took note of the public reaction to #LuigiMangione, who is accused of murdering United Healthcare CEO Brian Thompson on the streets of New York City. Mangione became a cultural icon who was openly celebrated in many circles, making clear the rage simmering within America’s dispossessed.
"There’s a reason the progressive California Rep. #RoKhanna refers to a tax on wealth as an #AntiRevolution tax, or an attempt to save capitalism from itself. Progressive Democrats like Khanna often mediate between capitalist centers of power and the party’s left-wing base, who largely feel fed up with the party’s incremental approach of making small tweaks here and there. Democratic socialism, as practiced in today’s America, is still essentially incrementalism, but they’re much bigger increments.
"Such a model works well in places like #Finland, #Iceland, and #Denmark. These countries have high taxes, but they get far more out of them than we do. As a result they are consistently ranked as the happiest countries on Earth, with excellent numbers for education, homelessness, poverty, healthcare, life expectancy, and infant mortality—all areas in which the US, with its profit-first approach to every problem, is lagging behind.
"#HighTaxes and a mixed economy also once worked well in the #UnitedStates. We dug ourselves out of the #GreatDepression with the #NewDeal. Government programs brought electricity to rural areas and established safety nets and Social Security. Our middle class boomed after World War II, when taxes were the highest they’ve ever been.
"#Republicans and #BigBusiness called that #socialism, too. They even conspired to overthrow President Franklin D. Roosevelt. Now, faced with another socialist menace, they’re playing just as dirty."
Read more:
https://www.commondreams.org/opinion/democratic-socialism-compromise#TaxTheRich #WealthTax #DSA #RedScare #USPol #WorldPol #CorporateColonialism #EpsteinClass
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@ArrestJK @CarolynStirling powder keg here.
Given that the younger generation (often rightly) feel like they're paying (usually) older people most of their wages to rent an appreciating asset it is galling to see those same older folk getting a guaranteed government payout.
We've got to avoid that divisive distraction and work together. Let's avoid rancour and move the debate to wealth tax. There's enough for all if its shared more fairly. -
@ArrestJK @CarolynStirling powder keg here.
Given that the younger generation (often rightly) feel like they're paying (usually) older people most of their wages to rent an appreciating asset it is galling to see those same older folk getting a guaranteed government payout.
We've got to avoid that divisive distraction and work together. Let's avoid rancour and move the debate to wealth tax. There's enough for all if its shared more fairly. -
@ArrestJK @CarolynStirling powder keg here.
Given that the younger generation (often rightly) feel like they're paying (usually) older people most of their wages to rent an appreciating asset it is galling to see those same older folk getting a guaranteed government payout.
We've got to avoid that divisive distraction and work together. Let's avoid rancour and move the debate to wealth tax. There's enough for all if its shared more fairly. -
@ArrestJK @CarolynStirling powder keg here.
Given that the younger generation (often rightly) feel like they're paying (usually) older people most of their wages to rent an appreciating asset it is galling to see those same older folk getting a guaranteed government payout.
We've got to avoid that divisive distraction and work together. Let's avoid rancour and move the debate to wealth tax. There's enough for all if its shared more fairly. -
@ArrestJK @CarolynStirling powder keg here.
Given that the younger generation (often rightly) feel like they're paying (usually) older people most of their wages to rent an appreciating asset it is galling to see those same older folk getting a guaranteed government payout.
We've got to avoid that divisive distraction and work together. Let's avoid rancour and move the debate to wealth tax. There's enough for all if its shared more fairly. -
#Ecotricity founder, #DaleVince, says:
"Here's a worthwhile list to be on. The top 100 #taxpayers in Britain (I'm 81 apparently). #Taxes built our #economy, they pay for #education, #transport, #health and so much more."https://www.thetimes.com/business-money/money/article/tax-list-uk-100-biggest-taxpayers-jx6ldh5hd
https://www.business-live.co.uk/enterprise/uks-top-10-taxpayers-revealed-30858262
#tax #uktax #taxation #wealthtax #taxtherich #taxthewealthy #taxisgood #taxingtherich #taxpayer #uktaxpayers #taxationuk #ukpolitics #ukeconomy #politics #economy #unitedkingdom #uk #government #ukgovernment #britishgovernment
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We need to talk about capitalism. Why won’t Labour do it?
#StarmerCorruption #StopNeoliberalism #CapitalismKills #StarmerNoConfidence #VoteCollective #TaxTheRich #NoBillionaires #WealthTax
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Starmer explains there would be no point being PM if he couldn't accept expensive gifts
> If you don't give him a pass, he will be forced to resign
#StarmerCorruption #StopNeoliberalism #NeoliberalScum #StarmerNoConfidence #VoteCollective #TaxTheRich #NoBillionaires #WealthTax
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Buying Elections Could Become A Tax Deduction
https://www.levernews.com/buying-elections-could-become-a-tax-deduction/
#StopCitizensUnited #BanDarkMoney #MoneyOutOfPolitics #TaxTheRich #NoBillionaires #WealthTax
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Buying Elections Could Become A Tax Deduction
https://www.levernews.com/buying-elections-could-become-a-tax-deduction/
#StopCitizensUnited #BanDarkMoney #MoneyOutOfPolitics #TaxTheRich #NoBillionaires #WealthTax
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Buying Elections Could Become A Tax Deduction
https://www.levernews.com/buying-elections-could-become-a-tax-deduction/
#StopCitizensUnited #BanDarkMoney #MoneyOutOfPolitics #TaxTheRich #NoBillionaires #WealthTax
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Buying Elections Could Become A Tax Deduction
https://www.levernews.com/buying-elections-could-become-a-tax-deduction/
#StopCitizensUnited #BanDarkMoney #MoneyOutOfPolitics #TaxTheRich #NoBillionaires #WealthTax
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Buying Elections Could Become A Tax Deduction
https://www.levernews.com/buying-elections-could-become-a-tax-deduction/
#StopCitizensUnited #BanDarkMoney #MoneyOutOfPolitics #TaxTheRich #NoBillionaires #WealthTax
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This Election, Dark Money Is Blackmailing Lawmakers
#MonyOutOfPolitics #BanDarkMoney #TaxTheRich #NoBillionaires #WealthTax #SaveDemocracyVoteBlue #StopFascism #StopProject2025
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This Election, Dark Money Is Blackmailing Lawmakers
#MonyOutOfPolitics #BanDarkMoney #TaxTheRich #NoBillionaires #WealthTax #SaveDemocracyVoteBlue #StopFascism #StopProject2025
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This Election, Dark Money Is Blackmailing Lawmakers
#MonyOutOfPolitics #BanDarkMoney #TaxTheRich #NoBillionaires #WealthTax #SaveDemocracyVoteBlue #StopFascism #StopProject2025
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This Election, Dark Money Is Blackmailing Lawmakers
#MonyOutOfPolitics #BanDarkMoney #TaxTheRich #NoBillionaires #WealthTax #SaveDemocracyVoteBlue #StopFascism #StopProject2025
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This Election, Dark Money Is Blackmailing Lawmakers
#MonyOutOfPolitics #BanDarkMoney #TaxTheRich #NoBillionaires #WealthTax #SaveDemocracyVoteBlue #StopFascism #StopProject2025
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#ScientistRebellion's Campaign: Make Them Pay
“To avoid #ClimateCatastrophe, societies must shift into emergency mode. This includes reducing the #luxury emissions of a wealthy #elite, whose carbon footprint is orders of magnitude larger than that of the rest of us. It is unacceptable that the super-rich continue criss-crossing around the world while millions are suffering from disastrous climate impacts."
Demands:
- Ban Private Jets
- Tax Frequent Fliers
- Make Polluters Pay"We are at our strongest when we join forces with other groups. For this campaign, we collaborated with #ExtinctionRebellion, #StayGrounded, and #Debt4Climate."
https://scientistrebellion.org/campaigns/make-them-pay/
#MakePollutersPay #WealthTax #GlobalWealthTax #NoTaxHavens #TaxTheRich #CutCEOsSalary #ObsceneProfits #ClimateCrisis #CorporatePolluters #CleanUpMotherEarth
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"Tax us now!” - that’s the call from many #millionaires and #billionaires around the world. In open letters, they warn of the dangers posed by the growing gap between rich and poor, calling on their respective governments to tax their wealth. A #wealthtax would not just be fair, they say, it would also make it possible to reduce the extreme inequality in society and finance public services such as #healthcare, and #education, and expand public infrastructure.
#taxtherichnow #taxtherich #TaxTheOligarchy