Germany's Left Party wants to halve billionaires' wealth
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That's fine by me. Just leave me a piece
preferably the bit that contains all the hard work they did to become a billionaire. -
Better than no coverage at all imho.
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That’s a fantastic quote. This is how you can still run campaigns today!
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If they halve the billionaires wealth then there will be zero billionaires
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anti communist much?
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Especially because its quite complicated or impossible (imho) to a enact a law that does exactly what they promise by not breaking the constitution:
Its just populism and a lie -
You can't say it'd be against the constituion. That is debatable (and debated, see e.g. Wolfgang Abendroth).
The interpretation of the constitution is subject to powerdynamics as well. And it's the only smart way to design a constitution if it's meant to be the everstanding stable foundation of a society. .. cause you know, those tend to change
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Yeah, Well see :X
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Why do you think art is used all the time for money laundering? It’s almost impossible to determine how much it’s worth. Well until someone buys it.
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They are quite aware of the constitution and it's implications. Complicated, sure, but not impossible. I recommend to listen to van Aken talking about the topic.
Calling it a lie is disingenuous.
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The difference between a million dollars and a billion dollars is about a billion dollars
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I was posting this because, as was the case with FDR in the US, the burgeois press in Germany deeply despises "die Linke" for the very same reason: they are a threat to the power of organized money.
FDR certainly wasn't a communist but it seems kinda odd to me how you'd miss the main point of my post, especially given the context of my reply.
"Die Linke" is somewhere in between social-democracy and socialism in terms of economic policy, with party co-leader Jan van Aken going as far as repeatedly expressing his desire to expropriate billionaires. Certainly a breath of fresh air compared to the neoliberal controlled opposition party SPD.
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Depends... Do the two halves grow back into two billionaires. Is that how they multiply?
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Tax = Purchase Cost × Minimum Wage(Moment of Purchase) ÷ Minimum Wage(Moment Tax is Charged)
You can multiply that all by a magnitude term, depending on the taxation frequency, or to charge more/less.
This is a totally arbitrary formula intended to discourage holding non-cash assets that provide no intrinsic utility, and it incentivises owners to raise the minimum wage.
I'm sure a team of experts can come up with a better one. It isn't hard to come up with these sorts of measures, and they CAN be enforced (don't believe their lies). You just need to disentangle yourself from notions of rules-based "fairness" that exist to justify & preserve our presently lawless economy, where might makes right.
