this post was submitted on 18 Aug 2025
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[โ€“] _g_be@lemmy.world 4 points 12 hours ago (1 children)

I mean, those are kinda two sides of the same coin. Both ways to limit the compounding of wealth in few hands.

I'm open to all these ideas, and more

[โ€“] PrivacyDingus@lemmy.world -1 points 8 hours ago

Wealth and income are two different things. We should tax wealth savagely, i.e., the ownership of assets, and we should also tax income, but to a lesser degree.

Just to level set: income refers to the flow of money earned over a period, like a salary or wages, while wealth represents the accumulated assets minus liabilities at a specific point in time