The Micronation of Akua Ni'ihau Pharaocracy: A Plutocracy?

Tuesday, August 16, 2022

A Plutocracy?

Plutocracy: Where the Wealthy and Affluent Govern

© M7C 2022

A Plutocracy is a form of Government where the wealthy and affluent govern the people. In this Govt. there are No Citizen Income Taxes, allowing the people to retain their earned money. This prevents poverty and homelessness. Industrial Taxes are 15% of all profits. Sales Tax is 5% of all public sales. Exports are taxed at 5% of value. The Wealth Cap (Tax) is set at $10Billion; anything over that allows the businessmen to retire and work for the Government as an officer. All Government officers work as Volunteers, so no money is influential (prevents bribes or corruption). Surplus revenue is given to the Treasury, automatically. Currency value is based either on prosperity or happiness of the citizens. Govt. work is motivation for labor, and there is a Business Morality Code for workers that prevent crimes.

https://www.amazon.com/dp/B0B9G6F5QW?ref_=pe_3052080_397514860

Modern Plutocracies:

Lanai Island in Hawaii is governed by the CEO of Oracle, Larry Ellison.

Farmland in USA purchased by Microsoft Founder, Bill Gates.

If Amazon Founder, Jeff Bezos, wanted to he could invest in real estate instead of Space Tourism, or build something on the Moon, like a Politically Neutral Moon Colony, or artificial islands in the Ocean as Civilization. He could also buy the International Space Station rather than watch it fall into abandonment by the USA and Russia, making it into a Space Colony or Hotel for Space Tourism.

Tesla CEO Elon Musk’s latest purchase of Twitter can forge it into an online Civilization rather than a mere social media company.

Facebook/Meta’s CEO Mark Zuckerberg could fashion the Metaverse into an online, Virtual Reality Civilization.

A Plutocracy is a solution to a decaying Democracy like USA. By removal of Citizen Income Taxes, the people keep their earnings, causing them to increase their status. The Wealth Cap of $10Billion USD prevents over-spending as anything exceeding the amount automatically goes to the Plutocracy Govt. The Govt. is run by Volunteers who reached the threshold of Billionaire class, so are not influenced by money or greed or corruption. Taxes go directly to the areas where funding is needed, not to Politicians. There is no poverty or homelessness (except by choice). The social classes are Middle Class and Wealthy. The Wealth Cap also prevents reckless spending and funds the Govt. Billionaires who reach the Wealth Cap level may retire from their work and become an officer of the Plutocracy Govt. The Plutocracy has a moral code to guide the Govt., not as a religious oath. It also has written laws, though probably less than a Democracy.