Some dude I work with said “man, if they start taxing Bezos more, at what point are they gonna come after me?”
Maybe when you start making billions of dollars? Fuckin idiot
this post was submitted on 15 Jan 2024
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they already coming at that dude with taxes.
the others ain't paying their fair share.
Friendly reminder that the difference between a million dollars and a billion dollars is still essentially one billion dollars. Billionaires shouldn't exist
I truly don’t understand these people. Their life is generally stressful to the extreme and the current system of “trickle down” has been for a long time shown to not work. So why not tax the rich, install some decent social systems, make the world better for the general public and move on?
Yeah, it's a wealth tax we need. 10% a year of everything over $100 million. Yeah, bitch, I'm including all your motherfucking shares and property as well.
An income tax would be pointless for the wealthy. Most of their wealth is in unrealized capital gains or other investment vehicles, not from salaries.
There would need to be a mechanism to tax unrealized capital gains, or just networth in general.
My dad always says "but then what motivation will they have to make money and innovate." To which I respond, "they'll still be millionaires and far richer than either of us will ever be."