One way would be to instead of putting a hard limit to put a tax to everything above that million or whatever number is decided. A tax on hoarding wealth.
The second point is the biggest issue because it could potentially make the place you live unaffordable by just being where it is.
That limit can be updated yearly following the inflation.
I agree with your take on this. I think 1M is way too low. But 1 Billion… It’s a bit easier to imagine the “you can’t or the dictatorship will seize something” idea.
The reality is that the wealthiest people usually influence the most
You absolutely has to justify your actions, you will only be in power as long as your subordinates will follow your orders.
You can’t just do whatever you want, you need to have a strategy, now doing this dictator stuff right will give you insane levels of power, but you can’t just go crazy and boss everyone around from the get go, you need to reward your loyal subjects and create levels of privilege and harsh punishments for the people to enjoy and stay loyal.
I would probably also include the wealth one owns and not just money (because thats useless, they would just use a different currency) and set it to like 40-50 houses in value. If they own a company that gets bigger the country gets shares
50 Houses might seem a lot in value (especially depending on what kind of building) but it already would distribute a lot of wealth + allowing the dream of being filthy rich with less consequences to the rest of the population
Because its just an idea i dont think about the specifics of the exact limit and such
That is increadibly hard to do.
Remove housing from the commodity market - save your one mil in cash.
Stocks are outlawed.
One way would be to instead of putting a hard limit to put a tax to everything above that million or whatever number is decided. A tax on hoarding wealth.
The second point is the biggest issue because it could potentially make the place you live unaffordable by just being where it is.
That limit can be updated yearly following the inflation.
I’d do the same but at 1b. And then execute anyone that steps over 1B. It’s incredibly easy to not be a billionaire.
I agree with your take on this. I think 1M is way too low. But 1 Billion… It’s a bit easier to imagine the “you can’t or the dictatorship will seize something” idea.
The reality is that the wealthiest people usually influence the most
If you’re a dictator, surely you don’t have to justify any of your actions and just do whatever you want, right?
You absolutely has to justify your actions, you will only be in power as long as your subordinates will follow your orders.
You can’t just do whatever you want, you need to have a strategy, now doing this dictator stuff right will give you insane levels of power, but you can’t just go crazy and boss everyone around from the get go, you need to reward your loyal subjects and create levels of privilege and harsh punishments for the people to enjoy and stay loyal.
This is a delight, and you are correct. That said, in the spirit of this silly thread, I provide solutions, below:
Yes. It will be time to get some roommates.
Yes. Or rather, exactly half of the house. Time to rent a storage unit, and put up some tarps to divide the entryway.
Better sell some.
Cost of living increases have long been understood and easy enough to calculate.
But - when I’m global leader, COLA for millionaires will only start after exactly as many years as the local minimum wage went without updates.
I would probably also include the wealth one owns and not just money (because thats useless, they would just use a different currency) and set it to like 40-50 houses in value. If they own a company that gets bigger the country gets shares
50 Houses might seem a lot in value (especially depending on what kind of building) but it already would distribute a lot of wealth + allowing the dream of being filthy rich with less consequences to the rest of the population
Because its just an idea i dont think about the specifics of the exact limit and such