A one-time 5% wealth tax would bring Silicon Valley’s billionaires’ wealth back to where it was just 31 days ago, on September 7.
When it was “just” 178% higher than on January 1, 2023.
They’d rather let 3 million people lose their health insurance than let that happen.
Graph here: https://cabillionairetracker.org/
Rather than paying their fair share of taxes, Sergey Brin, Pether Thiel, and Patrick Collison prefer to spend tens of millions to manipulate the vote.
Stupefying levels of greed and lack of civil-mindedness.
$45 million in a week: California’s wealthy aren’t holding back to try to stop ‘billionaire tax’
All credits to Gabriel Zucman
Shareholder primacy is fundementally broken. We must tie ownership back to the direct stakeholder of each firm. Shareholders dont care about goods, services, or utilies; they only care about line go up.
What the heck is a stakeholder??
Vlad Dracula Tsepesh
Direct ownership of the means of production and not thru proxy like with controlling shares. In other words if you are not the direct owner you cant own the company.