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(1/3)

"A 100% tax on wealth over $1B would get a total of $0 during the short period before it's repealed."

Yes, initially.
This is why it must be incorporated into the 's initiative.
Most member states agreed on a minimum tax for multinational corporations.
Non-compliant small tax-heaven states are blacklisted and suffer consequences.
This is the way to go.

The...
@unktheunk @almaember @gwit @dung_eater @palestine @NoFlexZone @Lastresponder @Outpatientzero

HistoPol (#HP) 🏴 🇺🇸 🏴

@TruthSandwich@sfba.social @unktheunk @almaember @gwit @dung_eater @palestine @NoFlexZone @Lastresponder @Outpatientzero

(2/3)

...average of only 3.4% in taxes the richest 25 Americans have paid is just ridiculous.

The goal must be to reappropriate and redistribute wealth above 1 bn (500 mn in smaller countries) for the People.

Much of this wealth creation (e.g. fossil fuels) came by exploiting earth's resources, which belong to all living creatures...

theguardian.com/us-news/2022/a

The Guardian · Wealthiest Americans pay just 3.4% of income in taxes, investigation revealsBy Lauren Aratani

@TruthSandwich@sfba.social @unktheunk @almaember @gwit @dung_eater @palestine @NoFlexZone @Lastresponder @Outpatientzero

(3/3)

...on the planet, often by bribing government officials.

And, yes, is also a prime example for this: The increasing amount of drinking water needed for cooling their ever-more demanding datacenters* are a case in point.

Drinking water should cost a whole lot more for industrial devourers of natural resources.

*
mastodon.social/@HistoPol/1116

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