813 US billionaires held a record $6.72 trillion in wealth at the end of 2024.
The bottom 50% of Americans held roughly $3.9 trillion in wealth.
When 813 people control more wealth than half a country’s population, we have a very serious problem.
The bottom 50% of Americans held roughly $3.9 trillion in wealth.
When 813 people control more wealth than half a country’s population, we have a very serious problem.
Comments
The 1st way would be to regulate big oil. Price of gas is high. It costs more money to get everything, everywhere.
He already took a billion dollar bribe from big oil "not" to regulate big oil. 8B quarterly profits must continue.
Good job MAGA!
Spoiler: They’ll find more fraud in their own stock scams.
Is this a requirement of capitalism as a model or is it a product of greed that can be handled
What do you recommend? VAT tax? Estate tax? Wealth tax. Do the work
You and your pals in Congress were accomplices. Obama privatized space, opening the door for gov to pad Musk's pockets through SpaceX.
Had enough of billionaires America?
Clearly, a person may want to consider changing their W-4 forms to reduce paycheck federal deductions so that we can have greater control throughout the tax year.
Why is it tolerated?
https://time.com/5888024/50-trillion-income-inequality-america/
https://www.hrp.org.uk/blog/the-peasants-revolt-the-only-time-the-tower-of-london-was-breached/#gs.kfmdpy
We don’t want or need kings
Free Luigi
If there's 262M adults. If we just say half, that is 131M, vs 813. I like our odds.
Why do we put up with this horseshit?
A person making $15 million or more per year, makes more money every 3 months, than the average worker makes in their lifetime.
https://m.youtube.com/watch?v=EgVDyBqAQNw&t=10s&pp=ygUfdGhvbWFzIHNvd2VsbCB3ZWFsdGggaW5lcXVhbGl0eQ%3D%3D
https://m.youtube.com/watch?v=WTLwANVtnkA
http://piketty.pse.ens.fr/files/equality/pdf/F6.pdf
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Srsly, how is that not blatantly obvious to everyone?!
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Billionaires & ultra-millionaires MUST be taxed out of existence ASAP!
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There should be nothing controversial about that…or about making big corps pay their fair share!
https://bsky.app/profile/rbreich.bsky.social/post/3lifgmuaei62m
"Billionaires are getting richer, you're getting poorer, AND IT'S ALL THEIR FAULT."
Simple. No math involved.
If you want to watch this with your family and friends...
https://youtu.be/7yhMpwSYKlc?si=pbkZBuqbmPENijzS
For reference if you took the states with the fewest population and added them up, it would be about 35-40 states worth of people to make up half the country.
How is it NOT obvious what the problems are stemming from?
precisely what they have in mind.
they've been preparing for it,
and are sufficiently ready,
so are now instigating it.
Why have we not yet reached it?
Billionaires did this
-fashioned bar brawl? Winner take all. Isn’t that the rugged individualism that Reagan championed?
https://libertyandtruth.etsy.com/listing/1871328333
https://bsky.app/profile/eykyu.bsky.social/post/3ligf5lo4gc2s
And power corrupts.
Where is the DNC!!!
#resist and #taxtherich ✊
Rise Up America! They are going to leave us fighting for a spot in line for a bag of rice and beans.
The Billionaires Are NOT In The White House To Stop A System That Works For Them!
No wonder they’re pushing a culture war over a class war!
The election was rigged, but all the establishment, including commentators like you, thought it best not to rock the horse and question the result.
Now, the horse has been sent to the slaughterhouse.
You need to find something that will decimate his share price.
BUT the super-wealthy are bringing that possibility down on themselves by their own Super-GREED!
elon is right out there trying for the 'dubious honor' of being the first to be selected for removal by his totally uncaring and illegal actions!
#2 Capitalists create new wealth.
#3 They take risk and win- They get rich.
#4 They risk and fail- no bailout!
#5 Capitalists can get rich only by making all of us better off.
#6 Billionaires kept only 2.2 percent of the additional wealth they generated
Take this question:
"The top x% of people will hold the same wealth as the bottom 50%. In your ideal country, would should "x" be?"
I don't have an answer in mind, just curious.
https://www.wsj.com/articles/BL-REB-1767
“America has a choice. We can either have great wealth in the hands of a few, or we can have a democracy. But we cannot have both.”
Louis Brandeis
Associate Justice of SCOTUS
He died in 1941 and he was clear eyed abt this back then. Extreme wealth has been a scourge on society for too long!
same as it ever was...when repubs are in power.
These billionaires threaten democracy
It is necessary to limit this. Through high taxation, breaking up business empires, regulation.
See Limitarianism of @ingridrobeyns.bsky.social for more ideas
For example, the disaffected population might vote for a psycho authoritarian, blindly hoping for better lives.
Oh wait…
Raise the age of retirement. 🔥
Increase the price on baguette. 🔥