Comment on Why does China have so many multi billionaires if they are aiming to be a communist country?

Puddinghelmet@lemmy.world ⁨1⁩ ⁨week⁩ ago

• Hueristic_Autistic@lemmy.world ⁨1⁩ ⁨week⁩ ago

  Again overvalued positions in society are an issue too. People fuckin hate when I say no one should be able to make over 500k$/annually and its like if you can do that you’re automatically going to be seeking to consistently enhance either your own riches, someone else’s riches or generational wealth w/estate properties I’d off in full for 2 lifetimes in a trust that no one can touchaand then because rich people involve themselves with politics, even at a local level (you’d be surprised how many people are, “generous donors,” to their mayors for favors), they’d get away with being able to probably make it so the property never leaves the city.

  You wanna stop the rich make it so they can’t earn as much.

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• nitroemdash@lemmy.wtf ⁨1⁩ ⁨week⁩ ago

  So you cannot inherit a 1.1M house or artwork? No one would be able to own property in new-york?

  Also one needs to account for inflation. In 100 years 1000000 would be equivalent of what is now 20000.

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  • Puddinghelmet@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Inheritance should be taxed if you really want equal chances lol but ig you dont want equal chances, one person can inherit millions the other inherits nothing, yeah thats fair imo

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