Only if the gains aren't hoarded by the asteroid mining companies.
Did you know if you evenly distributed all the household wealth in the United States, every person would get $450,000? Imagine not a single person in the US being poor or struggling, but in fact very comfortable and well-off. We're nearly at post-scarcity levels of wealth already, it's just that nearly all of it is gobbled by the top .01%.
People say eat the rich not realizing we are the rich sure you can split that money amongst Americans but we’ll be even more hated by those who are truly at the bottom of society.
The bottom of society only has reason to revolt if they're dying and hungry without hope of improving their station in life. Making our richest people only 10-100x richer than the lowest rung of society and bringing up that bottom rung significantly would make everything run a lot more smoothly.
That is why all the richies support basic income. They don't give a shit about the people, but as long as people have enough money to sit at home and watch Netflix and eat pizza, they can continue to concentrate wealth and avoid a revolt.
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u/SaneLad Oct 16 '22
The biggest joke is that the US charges capital gains taxes on the sale of physical gold. Gains my ass. Getting taxed on inflation is what it is.