I finally obtained a numerical value. 50$ mil and up is considered the ultra rich and the benchmark for a wealth tax.
100mil and up would be more worth it be cause you were to do a fixed rate of 7% more than the general population redistribution would seem more worth it. Taxing the super duper rich 3% could've worked in 2009.
I still think to myself : There's people out there with all the money in the world..... People who have the ability to better society and instead they just do shit like donate a wing for tax write offs and if there's no tax write-off or passive income for 20 years there's no point to those people.
You know what, I looked at my fiancé sometime at the beginning of last month and I said to her: " If I had that kind of money if I had trillions of dollars to just piss away, I would buy up so many old hospitals and make them functional. I'd find all the people I've wronged and I'd build trusts for their kids to go to college and give them 5 million each to do whatever the fuck they want with, buy a house, invest whatever they want.
I would donate a fuck load to every special needs school, I would overhaul my home city, I would overhaul the one I live in, I would put so much back into the lives of those that matter to me and others.
And it's crazy that there's people out there with nearly all the money in the world and they won't help anyone but themselves."
She looked at me with her eyes wide with a smile, that like that of you son of a bitch you would too kind of smile.
In that moment after I said all of that it made me realize: THAT'S PART OF IT!!!!! FUCK!!!!! There's people with nearly all the money in the world and will never have to worry about anything for generations to come unless they choose to indulge in a different lifestyle than what they grew up with and they choose to just never put any of it back into society.
Well fuck that! , maybe they should be forced to give back some of their wealth back into society to better the planet instead of just keeping it all for themselves.
I ultimately understood wealth redistribution after saying there's people with nearly all the money in the world and they choose to not help a soul.