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Re:All 500 of the world's top 500 supercomputers are running... by Dylan16807 on Thursday November 16, 2017 @12:06AM (#15710373)
> who gets/takes the money?

The default option is putting it in the government budget. Seems obvious to me.

If we reach the point where this cap-tax is able to pay for the entire government by itself, and we still have extra, then we can worry about where the rest goes.

> Who enforces/regulates that people are only earning/saving what they are allowed?

The IRS.

Re:All 500 of the world's top 500 supercomputers are running... by njarboe on Thursday November 16, 2017 @12:01PM (#15714287)
We don't have a tax on wealth in the US at the moment. Implement a tax on wealth with a 100% take over say 1 million? This would just be basically the nationalization of most of the companies and much of the real estate in the US. We could try communism/socialism at this scale, but it has not worked out well in other places it was tried.
Re:All 500 of the world's top 500 supercomputers are running... by greymeister on Thursday November 16, 2017 @12:48PM (#15714752)
> This would just be basically the nationalization of most of the companies and much of the real estate in the US. We could try communism/socialism at this scale, but it has not worked out well in other places it was tried.

That's the "ugly" part. And it gets really ugly.

Re:All 500 of the world's top 500 supercomputers are running... by Dylan16807 on Thursday November 16, 2017 @03:19PM (#15716207)
Yeah, nationalizing all companies would be ugly.

And has nothing to do with taxing personal wealth over 10 million (or other arbitrary big number).