• demonsword@lemmy.world
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    2 hours ago

    If you still have over £1 Billion in your bank account, we take everything above a billion so you end up with £1 Billion again so we can spend it on things like infrastructure.”

    Even if it was feasible to implement something like that – it isn’t because Congress has been bought by rich folks since it began – what would really happen is that money would artificially circulate between a few hands in the big boy’s club, and nothing would really change.