cross-posted from: https://lemmy.myserv.one/post/25152524
The leading French economist Gabriel Zucman is urging European governments to inflict financial pain on American billionaires in response to US President Donald Trump’s effort to seize control of Greenland, a mineral-rich island that some of Trump’s rich campaign donors see as a potentially massive profit opportunity.
“Access to the European market—by billionaires and the companies they own—should be made conditional on paying a wealth tax: in effect, a tariff for oligarchs. If Elon Musk, for example, wants to keep selling Teslas in Europe, he should have to pay it. If he refuses, Tesla would lose access to the European market.”
Europe, if you wanna get immediate change, threaten a tax against the whiniest economic cohort who have easy access to the USA president – billionaires.
Even the freaking EU is trying to care for Americans better than USA
A billionaire tariff is a way less disruptive response than mass selling US treasury bonds. And it hits the people that might be able to pull zombie Hitler’s strings.
YES please. Tax Musk till he bleeds. This would be a massively successful and effective plan, since these billionaires would pressure Trump, which is just about the only way Trump would change his mind.
I feel like this implies that global powers are aware that the top 1% control the world. We know it, but hearing leaders admit it is not pleasant.
Hey, the argument against a wealth tax for these types is usually “but they’ll move to somewhere else!”
Well, in this case, they are already somewhere else. Isolate these dipshits and get them stuck in the USA until someone with the balls to institute a wealth tax in the USA when they can no longer run away because the rest of the world is sick of their shit.
Fucking do it, Europe. Please.
Please do it! These people need to feel consequences and their finances are the only consequence they understand.
Yes immediate 90% tariff.
