@Strandjunker how? These guys have nominal income. They borrow against their assets and don’t have “income”. It’s all worth that hasn’t crystallised. I’d suggest once a companies worth hits certain size it must have 1/3 ownership in staff trust. Once is hits the next “level” it has to have a further 1/6 community ownership. Dilute their worth by redistributing - much better than taxing. This avoids money going to wasteful governments but going to workers and communities direct.
@RFarq @Strandjunker How? With a wealth tax rather than an income tax.
https://www.pbs.org/newshour/nation/whats-the-so-called-wealth-tax-in-bidens-proposed-bill-and-how-would-it-work