Devide
verb
Obsolete form of divide.
First you need to stop money from systematically flowing to the top or that dividing is only going to be a temporary measure.
How tho?
Tax wealth.
Would require either revolution or threat of it to pass to a meaninful degree.
No. Leave my IRA and 401k alone.
There is a reason every country that’s tried a wealth tax has abandoned it (or neutered it to the point that it’s primarily the burden of the middle class, completely defeating the ostensibly-stated purpose of getting more money from the wealthiest), learn some world history.
The reason countries abandon wealth taxation is because the ruling class, the bourgeoisie, doesn’t like it, and the justification is that it hurts the working class, the proletariat, even if that isn’t true.
No, they abandon it because the total tax revenue after implementation literally goes down instead of up, lol.
Just because 100 people will buy your product X at $10 and you make $1000, doesn’t mean you’re guaranteed to make $2000 if you sell X for $20 instead. That’s basically the same principle–raising taxes doesn’t necessarily lead to an increase in revenue. People react to changes in policy.
This is not speculation, it literally already happened. Stop speaking about this from your assumed expectations and learn the actual history.
I’m aware of how the economy works, we all took econ 101 and many of us went beyond that. You need to stop feigning superiority and assuming a lack of education on anyone pushing back against what you’re saying.
If I refer to the negative outcome of something already attempted multiple times, while people insist we should try doing the exact same thing in ignorance of those attempts and they outcomes, there is no “feigning” going on; I actually do know more.
And my analogy is directed at the people who have demonstrated their ignorance/naivete by insisting that raising taxes always leads to an increase in tax revenue, even though, again, knowledge of that history makes it clear that not only is that not a given, but that it literally caused the opposite every time previously attempted.
You need to stop feigning competence when you’re insisting we repeat others’ mistakes. Learn some history.
How about capping the amount they can earn above their lowest paid employee? For them to rise they have to take everyone with them
They’d just ‘devide’ up their businesses into a chain of symbiotic entities defined by paygrade. Then the executive level can enrich itself insulated from us front line grunts.
Or to be realistic, maximum ten times more.
Let people dream a bit!
