this post was submitted on 03 Oct 2024
712 points (98.8% liked)

A Boring Dystopia

9769 readers
121 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Rivalarrival@lemmy.today 20 points 1 month ago (1 children)

1% tax on all registered securities, payable in shares of those securities. The SEC just confiscates 1% of every position, and conveys them to an IRS liquidator. The liquidator sells them off in small lots over time, comprising no more than 1% of total traded shares. Securities with negative values are returned.

Once completely phased in, natural persons will be exempt on their first $10 million in registered securities. Corporate-owned securities will not be exempt: the are taxed from their first share.

We tax only the problematic portion of their wealth: their wealth-generating assets. We auction those assets off to the general public.

[โ€“] Welt@lazysoci.al 8 points 1 month ago

You sound like you know what you're talking about, and convey it with spectrum-like precision. I throw my hat and my heart entirely to making your dream come true. Hoo, hoo (hoo-oo-hoo)