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sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 month ago

California ‘billionaire tax’ makes ballot despite opposition from tech moguls

www.theguardian.com

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California ‘billionaire tax’ makes ballot despite opposition from tech moguls

www.theguardian.com

sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 month ago
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Wealth tax criticized by billionaires and Gavin Newsom would levy a one-time 5% tax on residents worth over $1bn
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    • BestBouclettes@jlai.lu
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      At the very minimum, a 2% worldwide annual tax to prevent some tax evasion.

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        • BestBouclettes@jlai.lu
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          The 2% would be applied to households worth 100 million dollars or more, I’m pretty sure they could spare the change without much impact on their lifestyles.

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            • BestBouclettes@jlai.lu
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              The goal is to have it low enough so that every single country in the world agrees to set it up, even tax havens like Bermuda, Luxembourg or Monaco. But high enough to be effective. Then, once it’s agreed upon, we can make it better and more progressive.

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          Motherfucker they take 35% of what we make.

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            • teyrnon@sh.itjust.works
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              Yes, I am well aware that the only path forward is playing mario brothers multiplayer, we can do it.

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                • teyrnon@sh.itjust.works
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                  Do it!

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