Ive often seen individuals on the left talking about how billionares shouldnt exist etc., but when probed on how that could be accomplished the answer is usually just taxes or guillotines. I dont think either is great.

What if instead, corporations were made to be unable to be sold or owned. Initially theyre made to default to popular election for their board, and after that they can set up a charter or adopt a standard one, ratified by majority vote of their employees.

Bank collapse would probably follow, how could that be remedied? Maybe match the banks invalidated stocks with bonds?

  • CanadaPlus@lemmy.sdf.org
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    2 days ago

    I meant restrictions on what you can do with your money in general. The arguments for or against inheritance tax specifically are separate, and are either going to be about public interest or natural rights.

    A quick look at the polling on the issue suggests it’s all over the place, anyway. Some show more than 50% support, some less. Probably depends on how it’s framed.

    Most people who aren’t going to inherit any money and don’t have any money to leave their kids agree this is a good thing.

    Definitely. That’s probably a third or more of the population, though, and there’s a share of people who would be affected somewhat or even a lot who support the idea, too.