A 1.5% annual stock dilution tax on corporations with revenue over $100M would raise over $1.4 trillion a year — enough to send every American about $365 a month, automatically.
Personally, I’d like to abolish the stock market altogether. But this is an attractive, actionable policy
“Worth” Dec 31 - “Worth Jan 1” = Total Annual Income.
Tax that.
Easy, done.
All these billionaires like to throw around their worth, fine, but if Elon Musk (for example) is worth 1 Trillion at the end of the year, and he was worth 300 Billon at the start, tax that 700 Billion difference as income.
“Worth” Dec 31 - “Worth Jan 1” = Total Annual Income.
Tax that.
Easy, done.
All these billionaires like to throw around their worth, fine, but if Elon Musk (for example) is worth 1 Trillion at the end of the year, and he was worth 300 Billon at the start, tax that 700 Billion difference as income.
No wrote off bull shit either at that level.