this post was submitted on 03 Nov 2025
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[–] Rivalarrival@lemmy.today 6 points 1 day ago

Need a "securities" tax, payable in shares of the security. An annual assessment of 1% of all shares owned, transferred directly to an IRS liquidation department. The liquidated shares will be sold off to the general public over time, such that no more than 1% of total traded volume of the security are liquidated shares.

Individual investors can exempt up to $10 million in value from the tax. Artificial persons (corporations, trusts, any "owner" that isn't human) are non-exempt.

Basically, stocks, bonds, and other financial instruments become more valuable assets to the working class, but carry more liabilities for the problem class.