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Joined 1 year ago
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Cake day: January 12th, 2024

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  • I’m not contradicting you, just writing down some further notes:

    • There’s 3 important types of taxes: wealth tax, income tax, product tax. Wealth tax is paid annually as a share of total net worth, while income tax is paid as a share of profit/revenue/wages. Product tax is a tax on consumable products such as food or luxury items.

    I think the best thing would be to increase wealth tax, and decrease income and product tax.

    The reason for this is: Wealth tax taxes wealth-hoarding, i.e. wealth that is stalling and not contributing to economic flow, i.e. production or re-distribution. Income and product tax inhibit the economy and slow it down, but don’t actually prevent wealth hoarding: Even if a billionaire is faced with 50% income tax, it’d simply take them twice as long to accumulate the insane amount of wealth. Wealth tax counteracts that, by reducing the size of the pile of gold these billionaires sit on effectively.


    That being said, there’s 3 main types of wealth:

    • real estate (land, agricultural fields, houses, …)
    • infrastructure & business (streets, vehicles, factories, shops)
    • abstract values, such as money, expensive paintings, gold, which have no direct inherent value and only possess value because of our communal perception of things.

    Some of these things can be moved easily, such as money, while other things can basically not be moved at all, such as real estate & infrastructure. It makes sense to tax the things most that are hardest to move, i guess.


  • An international wealth tax CAN be done, the only obstacle is mere political will.

    There is real issues that need to be tackled, such as Ireland’s tax desert. There’s a couple of them around the world (around 20 countries do this iirc). I guess forcing them to close their tax deserts is difficult, because you’d either have to pressure them militarily or economically. Pressuring them militarily is a no-go in today’s time, and pressuring them economically might be challenging as these tax deserts could make a huge profit by offering lower taxes, and then taxing all the world’s rich, as they all move there.

    I think the best course of action would be to exclude billionaires who do not pay a minimum amount of taxes in any country entrance to the domestic market, as they do not see themselves as a part of society, as they deny paying their fair share towards society, it’s fair to not let them participate in other parts of the society as well, such as doing business in your country. Business opportunity is a huge deal and very attractive for billionaires, who want to make even more money, so using that as leverage is very effective, i guess.

    In other words, markets must be obstructed for investors who don’t pay their fair share in taxes.




  • other systemic problems like no access to child care facilities, a culture that doesn’t value women and people exhausted by long work days? I might have read that this is part of the root cause in korea.

    I dare say that that’s probably not the cause why women today want to have no or fewer children.

    I suspect it’s more about economic factors, such as the prospect of having a stable job for the next 40 years, and the prospect of stability that this brings. Society changes so rapidly that it would be absurd to think that people are still gonna have well-paying jobs in 40 years. We’re already seeing a Cost-of-Living crisis today, or rather, a crisis of jobs not paying a living wage. That’s only gonna get more severe over time.

    Compare that to other cultures around the world (consider developing countries such as rural africa was 30+ years ago, and medieval europe). They had rough lifes and often didn’t value women. But they had Stability: They could be reasonably certain that their living conditions should be roughly the same in 40+ years from now, so they can have some children. If they can feed them today, the children will be able to feed themselves in 40 years. Because society was static like that.