Not necessarily, company could be broken down in to smaller, become employee owned in some part, could have some amount of stock become owned by an infrastructure fund or something. There's many ways to skin a cat
If there are no options, you better believe they'll create them soon enough.
Completely agree, it will always be a cat and mouse game. But it's a worthy aspiration, and I'd argue the reason the wealthy have been the cat more than the mouse in the relationship with the state is due only to the budget disparity between them.
Start to shrink the disparity between the enforcement budget (think IRS special forces for the ultra wealthy) and the "avoid taxes" budget and the aspiration looks a lot more doable.
>owner of the 999m will stop investing
Maybe. Or maybe they'll get better and spending rather than hoarding and continuously need to replenish that stock.
Even if these "winners" of a more 'social capitalism' stopped gracing us with their genius, the surplus of wealth in endeavors like free stem schooling for everyone (that wants it) would surely make up for that loss??
If you think taking money from paper billionaires is going to make a material difference to the US's $6 trillion spending each year, can you quantify how much are you expecting it to raise?
Glad to hear that limited government is now considered leftist politics. No more pork barrels for the Democrats?
I still believe in state solutions to healthcare to start, since that's the topic at hand.
And yes, I know it's much bigger than the military and pentagon, but I can't exactly summarize Pikkety's Capital and ideology or the socialist manifesto by sunkara in a couple hn comments can I?
Re the "we're vital for the whole house of cards" to remain standing, lol.
What good have we done recently besides maybe funding ukraine? Were we keeping the house of cards standing in iraq? vietnam? Korea? points to latin america in general Need I go on? Iran? Were we keeping the cards up when we spent money arming the Mujahadeen?
To control the hyper-rich, the solution is simple. Corporate tax breaks for your lowest paid employee's salary. The higher that floor, the less tax you pay. Incentivize prosperity, not taxation and slavery.
The US military has not one, but three aerobatics teams spending over a hundred million per year total. To cite a single example of completely pointless spending
States are ALSO absolutely HORRIBLE at doing this basic thing correctly. They waste enormous amounts of money doing worthless things and under-invest in infrastructure in ways that makes my eyes water. Same as the ultra rich really.
It's all about cultural stories. You have fallen into the base line left-right story so hard you replied to my comment with a non-sequitur. Literally it was nonsense, because your preconceived ideas of the solution space cannot even map what I was saying.
This is a war of ideas where currently sanity isn't only losing, it's not even in the game. The big players are Islam, Christianity, Communism, and Libertarianism/Laissez-faire capitalism. All of which are basically death cults in this context.