If all the money ends up in hands of billionaires and their corporations and there will be no money in hands of regular plebs…
Who do you think will have to pay the taxes? Also, the people would figure out a different way of trading or currency. And with that one getting taxed, all the billionaire’s money become worthless.

  • gandalf_der_12te@discuss.tchncs.de
    1·
    4 hours ago

    You’re talking as if the billionaires are a group of organized people who know what they’re doing and act accordingly in a coordinated way.

    I think the billionaires are a group of individuals, each trying to maximize their wealth, and they will absolutely take what they can get, because if they don’t, some other billionaire will take it.

    And i see no evidence that they would stop short of causing mass poverty that will lead to riots.

    • ExtremeDullard@piefed.socialEnglish
      3·
      3 hours ago

      The billionaires are not following a nefarious master plan that they agreed upon. They appear coordinated because they all act the same way, all mindlessly following the same instinct of greed that’s programmed in their genes. Just like bees or ants appear to work as a team, when in reality they’re all following the same simplistic automatic behavior.