Plural • Problem #7 for Use large inheritances for redistribution and thus promote meritocracy.
Problem #7
Massive wealth concentration endangers democracy. When the richest 1% own almost half of private wealth, their political influence rises disproportionately. Extreme inheritances lead to a concentration of power that undermines the principle of "one person, one vote."
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D. M.
8 months ago
One person, one vote applies to elections and referendums. Individual wealth is irrelevant there.
Massive concentration of wealth can only indirectly endanger democracy - through lobbying influence via foundations, NGOs, etc.
Only in this way can political influence increase disproportionately.
Extreme inheritances therefore lead at most indirectly and through activity to concentration of power. The inheritance as such does not directly affect the principle "one person, one vote".
My idea would be that every taxpayer defines for themselves what their own tax base is used for. With such a democratic definition of the budget, the richest 1%, who probably pay more than half of the wealth tax, would have a disproportionate influence (who pays commands).