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Lawmakers float a nationwide basic income experiment that would cover the cost of a 2-bedroom apartment
(www.businessinsider.com)
this post was submitted on 27 Oct 2025
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No one is seriously talking about a 100% tax bracket at 1mil/yr. Moreover, wealth taxes and caps look at an entity's total value. Many of the super rich are not making the money they spend as traditional income, you have to go after actual wealth. Finally, those progressive taxes and caps are typically put forward as the primary method to finance something like UBI or wealth floors--literally a manner of redistribution.
I don't necessarily disagree with everything you've said, and what i do disagree with is more along the lines of thinking you're painting with an overly broad and ambiguous brush.
Then I honestly have no idea what you are arguing outside of MAYBE being overly pedantic and insisting that people like wealth redistribution just not in any capacity that addresses wealth inequality which... "distinction without difference".
Yes, we need to tax the rich. I specifically said as much
But beyond that? This goes back to the idea that UBI et al are specifically not about wealth inequality and are instead about survival. Specifically to reply to