How would this change society for the better?
Worse than just taxing them properly.
UBI with taxes. No fuck all of this lets let them keep hoarding.
They’d still just keep getting richer, and the families would blow the money on stupid shit and be broke again inside of a couple of years.
The problem isn’t that they have a lot of money and we don’t. The problem is the way they use the power the money gives them to purposely make our lives worse. It’s the POWER, not the money.
Limiting what they can do with their power would be as effective as taking their power. The French Method is the most direct and effective way to do this, but reversing Citizen’s United would be a very good first step, too.
The Supreme Court’s 2010 ruling in Citizens United v. Federal Election Commission is a controversial decision that reversed century-old campaign finance restrictions and enabled corporations and other outside groups to spend unlimited money on elections.
Sadly, we’re currently going in the opposite direction, and there’s no way in hell the current SCOTUS bench will reverse CU. So, maybe the French Method is the only way.
It would not.
Billionaires would spend up to 999M every year on hiding their money.
If someone by some chance got paid out you can figure out how it changes their lives by looking at lottery winners.
Look at the life expectancy/wealth outcomes of lottery winners. Then multiply by 1000.
Just tax them.
You’d get loads of corruption in the recipient selection process and the money would somehow still stay concentrated in the hands of a few. More creative ways for billionaires to not look like billionaires would be developed, leading to more tax evasion, making things worse overall.
Also, what is a “family”? Who gets to receive that money, whose bank account does it go on? Is this worldwide or just families in the country the billionaire lives in? How does one determine where a billionaire “lives”? There are loads of things that would need to be very clearly defined first and would influence the outcome.
That “random” pool of families would get bought out pretty quick.
1000 random families from where? What constitutes a family?
fuck breeders. but less than billionaires.
We can’t make them do anything.
The French method?
