• Landless2029@lemmy.world
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    10 months ago

    Don’t forget what Japan does. Heavily tax inheritance (up to 55%). This also prevents diamond crusted platinum spoons being born. Source

    I respect that Bill gates is donating most of his wealth and only giving his kids $10m and not Billions like the other leeches. Source

    • Pheonixdown@lemm.ee
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      10 months ago

      Annual Wealth Tax 1% on total assets over 10M, additional 1% over 100M, additional 1% over 1B, etc etc. Raises along with inflation or something.

      • Ohmmy@lemmy.dbzer0.com
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        10 months ago

        As well as exponentially increasing taxes on private property. Owning more homes that you can occupy at a time should be prohibitively expensive and all the money collected via taxation of property should go towards housing those in need.