The leading French economist Gabriel Zucman is urging European governments to inflict financial pain on American billionaires in response to US President Donald Trump’s effort to seize control of Greenland, a mineral-rich island that some of Trump’s rich campaign donors see as a potentially massive profit opportunity.
“Access to the European market—by billionaires and the companies they own—should be made conditional on paying a wealth tax: in effect, a tariff for oligarchs. If Elon Musk, for example, wants to keep selling Teslas in Europe, he should have to pay it. If he refuses, Tesla would lose access to the European market.”
Yeah, there are a lot of people on Lemmy who have no idea about how much money it takes to have a modest but semi-secure life in the US. My net worth is probably a lot to those clueless wonders who carelessly throw numbers around. I’m utterly opposed to the fascists in power and want them not only removed, but to face justice, and for the system to be reformed to prevent them ever getting power again. And if that means no billionaires, fine. We need decent healtcare, we don’t need money-hoarders distorting our political system for their personal gain.
Precisely. Or even the 0.01%. It’s a long-tailed curve and that tail needs to be chopped off.
like i get it… a lot of people are struggling REALLY bad… but we must not fracture ourselves based on different tiers of “working class”
a doctor making $500k, with $2M in assets and investments is ALSO working class… fighting amongst ourselves is just crab-bucket mentality and exactly what the billionaire class wants us wasting energy on.
there is no war, but class war