this post was submitted on 23 Feb 2025
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There's like 10 people in the entire fucking world making more than 500 mil a year.
More like 700 in the US alone.
https://www.forbes.com/advisor/retirement/how-many-billionaires-and-millionaires-live-in-the-u-s/
700 people having a net worth of over a billion and 700 people making half a billion a year are very different.
Dividends for some of those billionaires can pay out over 500mil easily. Hide money however they want, we need a wealth tax no matter how it's sliced.
I've been saying it.
Every year, we should take the wealthiest person and reclaim 50% of their assets. Congrats, you've scum sucked enough blood out of people, we're taking 50% of it back. We'll build a "This year's biggest winner" statue in your honor with some of the funds.
also prevent people from getting that rich in the first place. new tax brackets: 50% for every dollar over a million. 75% for every dollar over 10 mil. 90% over 50mil. and 100% over 100mil. congrats that's the high score. maxed out.
also make ALL INCOME to count as income, not just direct payment.
I like the cut of your jib.
Make the size of the statue inversely proportional to the number of people employed by those assets.