I want to know what will the rich people lose, when we tax more than 100M dollars.
Interfere with elections. Buy governments. Destroy democracy.
Depends. Turns out America for example is pretty cheap
Launch a spaceflight program (although that is something the government rather than individuals should be doing anyway)
Buy governments. Become immune to laws.
And obviously commit crime
A private jet or a super yatch would still be out of your reach.
Build my own theme park with all the roller coasters I want.
Yep, you have another 990M dollars
There was this write-up about this on Reddit some years ago that got really famous;
https://www.reddit.com/r/bestof/comments/7n5cr6/redditor_thoroughly_explains_the_difference_in/
thanks dude
Launch an alcoholic drink named Tres Comas
you don’t need a billion dollars to do that
It’s not so much what if, it’s how you’ll tax someone who can pay the best lawyers and accountants to find loopholes and still find it cheap compared to the tax bill.
Buy a professional sports team in the USA.
Own ten digits of wealth instead of nine. There’s nothing of actual value to billionaires. The point is to just watch the number get larger. Growth for growth’s sake; the ideology of a cancer cell.
While I can see many things with price tags well above 100 Million US$. Like planes, hospital, semi conductor lythography machine. A single person owning them is a problem per se.
Moreover, almost every serious project of super rich net worth tax isn’t capping your wealth, but just making sure you pay 1-2% of your net worth as takes which is still way less than everyone else, and won’t prevent you to get richer investment capital growth.
semi conductor lythography machine
I want that!
Call yourself part of the “3 Comma Club”.
Influence government
Law makers take bribes as low as $20k
Yes, that’s what I’m talking about. What are you gonna do when you influence the government?
Well, I’m not a Billionaire.
You will never be. Just think about it. For example, you can kill somebody and give a bribe. You can r.pe people or children and get away with it. I think 100M is not enough for this.
Buy POTUS.
Just honeypot him. You don’t need money.
Super yachts can cost several hundred million
Let’s say you bought a super yacht with 300M, what are you gonna do with 700M?
Pay the staff and maintain it.
Maintain it probably.
Buy two more, or possibly one more, and a jet to move between the ports they opperate out of.
