this post was submitted on 07 Dec 2024
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[โ€“] [email protected] 3 points 1 week ago* (last edited 1 week ago) (1 children)

If they can leverage banks, and do all sorts of shit with their money (and debt) to make more money, then they can find ways to use it to benefit others.

Incentivizing giving it away is what we do now by providing tax benefits. We have seen the limitations of that.

[โ€“] [email protected] 3 points 1 week ago

I mean incentivizing them to invest it into things like public works and other beneficial things, but I also expect that that would go about as well as the current tax incentives do. It would be the thing that requires the least effort possible from the government, though, which I think makes it the most likely to actually occur. Actually taxing them more is pretty much a pipe dream.