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tax the rich (in islam)
(discuss.tchncs.de)
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Am just saying the islamic stuff is peanuts. 2,5% isn't much. That's already more than happening.
Elon musk is paying that much on his yearly income. I'm just comparing it to his total wealth.
A lot of his wealth are unrealised capital gains. His total wealth crippled this year with his shenanigans.
If this happened in USA. Then they'd relocate their wealth to other places while only keeping the bare minimum in order to generate an income there.
USA's average wealth is insanely high because it's a government that protects their wealth. Once it stops doing that, they will re-locate.
Your 1% holding the most of your country's wealth isn't actually holding your country's wealth. But that of the whole world. Your country is just a safe place to keep it.