this post was submitted on 26 Feb 2025
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Canada
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If this guy has the Canadian citizenship, would it be possible to enact a tax for Canadian billionaires intriguing against Canada? Just an idea.
Or just a 99% tax on all wealth over, say, 1bn, belonging to any Canadian citizen regardless of residence. The problem will thus solve itself.
100% tax on anything over 50 million in net worth
Nobody needs more than that, ever
Sounds great, but they'll find ways around it.
Make a micro-company where they're the sole employee, and claim any purchase as a business expense.
"For security purposes, the business absolutely requires a 17th mansion to accomodate any employee/s while they reside in New Zealand."
If the UK can do it to the Beatles we can absolutely do it to Musk.
this the way. even just some percent because it would be reoccuring year after year.