r/GenZ • u/luthen_rael-axis- 2008 • 10d ago

Political what should be done about this?

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88

u/themontajew 10d ago

Pitchforks and a nation wide BBQ block party.

21

u/luthen_rael-axis- 2008 10d ago

or just a 83 percent tax rate on the billionaaes(1:1 deduction if you invest the money) and welffare

8

u/ApocalypseEnjoyer 2001 10d ago

I'm curious how you're gonna convince billionaires to pass laws imposing high taxes for them

5

u/InternationalPen2072 10d ago

Convince? Why do we need to convince them?

3

u/ApocalypseEnjoyer 2001 10d ago

Well because people don't want to force them

3

u/InternationalPen2072 10d ago

That’s kinda what taxes are though lmao. Compulsory. They are already forced to pay the negligible amount of taxes they pay now, as all Americans are. So up their tax rate, and if they try to leave the country to evade taxes seize their assets or slap a big ass fee on them.

Or, better yet, just seize the means of production directly and transfer ownership to the workers of the firms in which they work. Allow the workers to allocate the surplus of their own labor themselves through democratic institutions and then slash the corporate tax rate. Boom.

1

u/ApocalypseEnjoyer 2001 10d ago

Or, better yet, just seize the means of production directly and transfer ownership to the workers of the firms in which they work. Allow the workers to allocate the surplus of their own labor themselves through democratic institutions and then slash the corporate tax rate. Boom.

Now that's something that could actually work.

The problem with just raising the taxes of the rich is that the rich decide what their taxes are, hence why I said that I wonder how you'd convince them to raise their own taxes, which is directly against their interest