The fact that Musk has lost $100B over the last month but is still the wealthiest person on Earth and financially unharmed in the slightest—all while wealth and income inequality is worse now than it was after the Great Depression—is Exhibit A on why we need to tax billionaires out of existence.
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TAX BILLIONAIRES OUT OF EXISTENCE!
I like that.
Median home price now is 500K. 65 yr old teacher, saving frugally ( myself ) is lucky to have 1M retirement, and that won't be enough for healthcare, or renting in safe area. I support extended family. Just saying, 1M isn't what it used to be
https://bsky.app/profile/qasimrashid.com/post/3ljumiiq55k2b
They should recognize that tax is the best of paths they have to that destination.
The smartest move imo would be to convince billionaires to flip on Musk for guarantees we won't come after their wealth. Then when it's done go after them all anyway.
That’s the maths.
“we need to tax billionaires out of existence”…
intelligence
judgment
For Freedom and Against Fear: From FDR to Kamala Harris
Advocating a platform that both protects and expands freedoms, the Democratic nominee has donned the mantle of President Franklin Delano Roosevelt.
https://www.commondreams.org/opinion/kamala-harris-fdr
https://taxpolicycenter.org/statistics/historical-highest-marginal-income-tax-rates
https://www.ndtv.com/offbeat/elon-musk-says-nasas-1-5-billion-contract-had-saved-spacex-from-going-broke-2502210
He has accumulated $800 Billion mostly by extorting his Oligarchs!
When they want something they need his permission, and must pay him a commission.
Influencers: Make it so!!
In fact, I could probably remove another zero and my statement would still be true.
Sigh