• AngryCommieKender@lemmy.world
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    12 days ago

    $100,000,000 that’s it. At that point we give you a gold “I won capitalism,” trophy, and you either retire, and are taxed at 100% of assets above $100,000,000 or, you don’t and are taxed at 100% on assets above $100,000,000. This applies to both liquid and non-liquid assets.

    Also you can leave your children $5,000,000 in total assets per child over your entire lifetime. The rest of your estate goes into The Sovereign Fund for Humanity’s Poor.

    • whoisearth@lemmy.ca
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      12 days ago

      I’d argue that’s still way too high. Hell even 10$ million is potentially still too high lol