The CEO of one of Canada’s largest technology companies is facing criticism after he appeared to endorse the idea of giving the wealthy more voting power than others.
Shopify CEO draws criticism for apparent support of giving wealthy more voting power. Just more ridiculous by the day.
This is my vote. I don’t know why the tax rate stops at 50%. Making your second million is easier than your first million, you should take home less of it. IMHO it should approach 100% as you make more and more. And the more money that you have the less valuable it is to you so we can put it to better uses for the society.
At a cost of 15% of their net worth per day, 1 week minimum stay. At day 7 they’d still have $320M left if they started with exactly $1B. Probation is your net worth must not climb more than 10% higher than it was when you were released or else another 7 days. If you can maintain <$100M for 10 years your probation is lifted, but your record stays. Future convictions increase the minimum rehab stay by 7 days each.
Rehab is them having to watch shows all day about all the poor people getting their money and what they’re doing with it. They can even sit in a comfy chair and be served nice food while they do it.
I say we make it a felony with a mandatory minimum 20 year sentence to even be a billionaire.
Or we could, hear me out here, just have a sensible tax code?
This is my vote. I don’t know why the tax rate stops at 50%. Making your second million is easier than your first million, you should take home less of it. IMHO it should approach 100% as you make more and more. And the more money that you have the less valuable it is to you so we can put it to better uses for the society.
Because the majority of wealth in the wealthy, is not derived by income, but by equity.
We need tax reform, not fiddling with the rates, so schemes like buy, borrow, die don’t allow them to bypass taxes altogether.
Nah, addicts shouldn’t be put in jail. Billionaires are just addicted to money hoarding and should go to mandatory rehab.
At a cost of 15% of their net worth per day, 1 week minimum stay. At day 7 they’d still have $320M left if they started with exactly $1B. Probation is your net worth must not climb more than 10% higher than it was when you were released or else another 7 days. If you can maintain <$100M for 10 years your probation is lifted, but your record stays. Future convictions increase the minimum rehab stay by 7 days each.
Rehab is them having to watch shows all day about all the poor people getting their money and what they’re doing with it. They can even sit in a comfy chair and be served nice food while they do it.