- #36
newjerseyrunner
- 1,533
- 637
But then you have no way to redistribute wealth once companies figure out how to use less land. In that situation, Microsoft would probably have every employee work remotely and not even have a campus. Without a campus, and no taxes on their gains, Microsoft would be a one way direction for money. You also would then have no limit on investors.Czcibor said:One more thing. I don't play with income tax, but with property tax. A rising star businessman would appreciate that, while old money - not specially. ;)
If I invest 1 million dollars in Walmart stock and just let it sit there for a year, I could then sell it back for 1.2 million. I literally did nothing, I made no benefit to Walmart or it's employees, or it's customers, and I did no work for them, yet I managed to draw a significant amount of money out of it for myself. If I only needed to pay property tax, I'd rent a tiny little apartment, buy a computer with a fast connection and do nothing but leech off of other companies success. People and banks do that now and it's causing problems, if they weren't taxed on those capital gains, the class gap would be far wider. I think you would end up with a plutocracy of people who can basically buy money and a proletariat who can't afford to invest.
I think the society should feature the employee-owned company paradigm. I think you'd be able to keep enough of an economy that drone production would be constant.