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minus-squareherpington@lemmy.worldlinkfedilinkEnglisharrow-up4·1 year agoHow do you handle a CEO owning stock worth that amount in the marketplace, then?
minus-squareSmk@lemmy.calinkfedilinkEnglisharrow-up4arrow-down1·1 year agoThey don’t. No one can explain how a wealth tax work because it doesn’t work.
minus-squareherpington@lemmy.worldlinkfedilinkEnglisharrow-up2·1 year agoMy issue wasn’t with a wealth tax (even though I’m against it), but pulling some arbitrary wealth cap out of thin air opens a lot of questions that many people don’t consider the implications of.
How do you handle a CEO owning stock worth that amount in the marketplace, then?
They don’t. No one can explain how a wealth tax work because it doesn’t work.
My issue wasn’t with a wealth tax (even though I’m against it), but pulling some arbitrary wealth cap out of thin air opens a lot of questions that many people don’t consider the implications of.