In terms of wealth amounts.
On the other hand, inflation affects the poor due to higher prices for necessities, health and such.
A decade of high inflation should erase most of the wealth held by the rich?
How to protect the poor during inflation?
Might be good to think about further.
With automation and AI, these things will probably be resolved in 50 or so years, maybe.
A progressive tax for people with over $50m in assets and, let's say, paying under $100,000 a year in income tax? Same for corporations that somehow avoid paying much in taxes.
Maybe starting at 0.1% annually for over $50 million and under $100 million, 0.2% for over $200m, 1.0% of $1 billion, up to a maximum 10% for over $10 billion. Maybe, a little break for those leaving their riches to charity and such.
That money is being hoarded and put into funds, equity, real estate, art, jewelry, cars, and such. Give it to the poor to spend on necessities, health, education? Much more productive?
Use the proceeds to help fund universal basic income?
Korean presidential candidate Lee Jae-myung proposes to start giving $250 a year with the aim of establishing a foundation for a universal basic income system.
With automation and AI, soon there will be very little paid work for humans. No work, no income.
I read that in an article. Dogs have similar regions.
It appears that two regions generate a positive or negative emotion to words or sounds.
Brain is really complex...
Nobel Prize-winning physicist Roger Penrose's model for a cyclical universe is becoming mainstream. Theory explained in article below.
BBC: What Existed Before The Big Bang
Presidential elections in early March 2022.
The mostly conservative Korean media is trying to frame negative and sensational accusations against the ruling liberal party candidate as newsworthy and relevant. Also, the conservative party candidate, Yoon Seok-youl, has taken to slandering and insulting the current President and ruling party candidate, Lee Jae-myung.
I think it's not wise to call for Yoon to call people fools and idiots, and say that Lee is a felon.
Yoon used to be the leading candidate with around 47% selecting him in polls. Now, the percentage of people voting for Yoon in polls is around 29% and people voting for Lee is around 37%.
Apparently the change in the polls has moved Yoon to act and talk even more like Trump. LOL. Out of touch with the times.
Yoon also has a lot of other problems with his mother-in-law being recently jailed, wife falsifying resumes in the past, and allegations of personal wrongdoing.
Due to the elections, the liberal party is now sending spokespeople to news shows to counter conservative speakers. I don't normally watch the news, but nowadays it's just so enjoyable to hear logical arguments to conservative nonsense.
Yonhap News: Lee leads Yoon 37.4 pct to 29.3 pct: poll
Scientists found a section of the brain that is responsible for self-related matters.
That could be how "self" is created...
Scientific American: How Our Brain Preserves Our Sense Of Self
