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Reply to "People who defend the Tech Oligarchs "
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[quote=Anonymous]Seems like the country needs to take a page from the Gilded Age when we had similar income inequality and a small group of obscenely wealthy billionaires. That's when antitrust and other legislation was passed, and it culminated with the US passing an income tax for the first time in 1913. It seems obvious to implement a wealth tax on all wealth over...take your pick...$1BN, $10BN...something. I mean, even mere hundred millionaires will support it (as long as they don't think it will go to down to that level). Literally, 99.8% of the population will support it. At the very list, implement a minimum tax obligation for anyone with a net worth over whatever may be the limit. That you can't claim almost zero income because you own $100BN of stock, receive a $1 salary and you borrow against your stock to fund your daily life (which costs only in the hundred million range annually...at most).[/quote]
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