Hi folks! After a couple of months of discussions around the topic, I have decided to go ahead and make the first actual anti-coporate community on lemmy, according to lemmyexplorer.org.

The idea is to make people aware of corporate abuse, dangers and further the movement to eventually cap corporations and individuals at 999 mil USD to rebalance the scales for the 99.9 % of the population and keep companies from becoming states.

Check it out on !anticorporate@lemmy.giftedmc.com or https://lemmy.giftedmc.com/c/anticorporate.

Feel free to debate me and others on the topic. I just ask you to stay constructive, I’m trying to help here.

Thanks for reading and have a good one!

  • Rivalarrival@lemmy.todayEnglish
    8·
    8 months ago

    Yeah, I’m not so sure about a specific hard cap on assets. I’ll need some greater explanation and/or convincing on that.

    I would like to see a hard cap on registered securities: stocks, bonds, etc. I think any portfolio worth more than $16.7 million should have the excess taxed at 1%. That tax should be progressive, with a 100% top tier rate on everything over $1 billion.

    Unlike tangible assets, securities don’t need to be sold off to pay such a tax. We can just transfer the excess shares to IRS liquidators, who can sell them off in monthly lots no larger than 1% of total traded volume.