• stoy@lemmy.zip
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    7 days ago

    That is increadibly hard to do.

    1. How do you define what goes into that 1 million of allowed wealth? If I buy a house worth 950000, would I only be allowed to save 50000.
    2. what about if the house increase in value so that it is worth 2 million, should I just accept that I loose 1 million? What about stocks?
    3. Inflation or Deflation, when/how will you update that limit?
    • frank@sopuli.xyz
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      7 days ago

      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