{"id":1789,"date":"2024-08-31T07:00:33","date_gmt":"2024-08-31T11:00:33","guid":{"rendered":"https:\/\/www.growpurpose.com\/bluecrab\/?p=1789"},"modified":"2024-08-13T13:55:48","modified_gmt":"2024-08-13T17:55:48","slug":"why-not-just-abolish-extreme-wealth","status":"publish","type":"post","link":"https:\/\/www.growpurpose.com\/bluecrab\/why-not-just-abolish-extreme-wealth\/","title":{"rendered":"Why Not Just Abolish Extreme Wealth?"},"content":{"rendered":"<p>The superrich among us are getting richer by the day while the poorest among us are getting poorer by the day.\u00a0 Making the superrich pay their fair share of taxes would help a little, but not a lot.\u00a0 So, what to do?\u00a0 One idea making the rounds is that since there is no social value for having billionaires, why not simply abolish them by limiting how much wealth a person may have.\u00a0 Surprisingly, doing that might be easier than finding ways to tax them.<\/p>\n<p><strong>Forget Wealth Tax. We Should Abolish Extreme Wealth Altogether<br \/>\n<a href=\"https:\/\/www.commondreams.org\/opinion\/abolish-extreme-wealth\" target=\"_blank\" rel=\"noopener\">https:\/\/www.commondreams.org\/opinion\/abolish-extreme-wealth<\/a><\/strong><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><em><strong>Related Reading<\/strong><\/em><\/p>\n<p style=\"text-align: center;\"><script src=\"https:\/\/bookshop.org\/widgets.js\" data-type=\"book\" data-affiliate-id=\"102171\" data-sku=\"9781509543496\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The superrich among us are getting richer by the day while the poorest among us are getting poorer by the day.\u00a0 Making the superrich pay their fair share of taxes would help a little, but not a lot.\u00a0 So, what to do?\u00a0 One idea making the rounds is that since there is no social value&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/www.growpurpose.com\/bluecrab\/why-not-just-abolish-extreme-wealth\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Why Not Just Abolish Extreme Wealth?&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,53,40,52],"tags":[],"class_list":["post-1789","post","type-post","status-publish","format-standard","hentry","category-culture-lifestyle","category-global","category-politics","category-work"],"_links":{"self":[{"href":"https:\/\/www.growpurpose.com\/bluecrab\/wp-json\/wp\/v2\/posts\/1789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.growpurpose.com\/bluecrab\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.growpurpose.com\/bluecrab\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.growpurpose.com\/bluecrab\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.growpurpose.com\/bluecrab\/wp-json\/wp\/v2\/comments?post=1789"}],"version-history":[{"count":2,"href":"https:\/\/www.growpurpose.com\/bluecrab\/wp-json\/wp\/v2\/posts\/1789\/revisions"}],"predecessor-version":[{"id":1792,"href":"https:\/\/www.growpurpose.com\/bluecrab\/wp-json\/wp\/v2\/posts\/1789\/revisions\/1792"}],"wp:attachment":[{"href":"https:\/\/www.growpurpose.com\/bluecrab\/wp-json\/wp\/v2\/media?parent=1789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.growpurpose.com\/bluecrab\/wp-json\/wp\/v2\/categories?post=1789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.growpurpose.com\/bluecrab\/wp-json\/wp\/v2\/tags?post=1789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}