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Let’s Set a Maximum Wage for the Rich | The Tyee (thetyee.ca)
submitted 8 months ago by grte@lemmy.ca to c/canada@lemmy.ca
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[-] originalucifer@moist.catsweat.com 5 points 8 months ago

all stock market trades should be taxed at 100% value. dont like it? dont ~~gamble~~ 'invest'

[-] LostWon@lemmy.ca 3 points 8 months ago* (last edited 8 months ago)

...or just abolish the stock market (at least that's how I read this).

[-] dangblingus@lemmy.dbzer0.com 4 points 8 months ago

At this point, abolishing the stock market would require a restart on the United States as an entity. The stock market is quite closely linked to the banking system. Closing the stock market would crash the US economy into oblivion.

[-] LostWon@lemmy.ca 4 points 8 months ago

And no doubt every other closely-tied economy, as well.

this post was submitted on 26 Feb 2024
564 points (92.7% liked)

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