Jeez, why don’t you throw in free healthcare for everyone while you’re at it.
FlyingRock on
What corpo-democrat will be the first to publicly oppose the tax? I’m betting Newsom will be up to the bat pretty quick.
Lorenzoak on
The wildest part about this headline isn’t the $4.4 trillion number. It’s the fact that you could tax these billionaires for $4.4 trillion and it literally wouldn’t change their day to day lifestyle or quality of life one bit. My friends [call me extreme for having this in my car, but I’m sure I’ll die with my principles](https://immg.click/eat-rich-magnet).
WorkersThesis on
hardworking, middle class and impoverished working americans have given the richest individual on earth — elon musk — over 38 billion dollars in social welfare, so that he has never had to cover the expenses on his businesses, tax payers have covered every downturn, every off year for him, so that even when he was actively driving down his stock value, he was raking in billions of taxpayer checks in social welfare to keep him and his harem of child brides (20 something year old women who all could pass for 12 year olds) on his ranch down in texas where his 14 children are being raised as livestock.
and that’s just one individual.
the billionaire class is a cancer on humanity.
Bulawayoland on
that’s nice
vote out the incumbents, please
all the incumbents
mmkkmmkkmm on
Paywall
ffrostygreen on
Do it
HoneyBadger552 on
do it!
Voodoo_Masta on
yes, but first – investigate every single billionaire in the E-files, and jail every single one that was involved in illegal shit.
GusGutfeld on
Putting this into perspective, globally there are about 3,000 billionaires and their lifetime accumulated networth totals about 16 trillion. Globally, total gov’t spending is about 40 trillion every year.
The U.S. has about 935 billionaires with a total lifetime worth of about 8.2 trillion. In 2024, the U.S. gov’t spent 6.8 trillion in just one year.
smith129606 on
Republicans would let every single American starve before they let taxes be raised on billionaires and their dumb ass constituents would support them 100% in said starvation.
Fairuse on
Collectively all the billionaires in the US only have net worth of 6-7 trillion.
Of that net worth, 99% is in assets and mostly ownership of companies. If you want to extract $4.4 trillion from just billionaires, you basically have to nationalized near 50% of all the biggest companies. Quickest want to turn $4.4 trillion into mere billions. Government ownership of the most efficient method. Trying to force liquidation of $4.4 trillion in stocks would crash the whole economy and basically turn $4.4 trillion into nothing.
Dragon_Bench_Z on
A pipe dream that CANT even be really considered until 2028…. Folks we might not make it to 2027
BarCompetitive7220 on
Someone has to pay for all the WARS….
workaccount1800 on
I subscribe to the WAPO, tell me why this article isn’t a top story or on my FYP this AM?
topper140 on
It’s not enough Bernie
mlkman56 on
You forget how astroturfed this sub is until a post about a universally positively polled idea gets posted
TotalityoftheSelf on
You gotta pump those numbers up. Those are rookie numbers.
Creative-Area-6385 on
Tax these war mongers
Annual-Reason2970 on
pull back every dime cheetto gave them with tax breaks.
JA_MD_311 on
The US Budget deficit is around $2 Trillion a year right now. This would not only plug that gap, it would allow us to pay down the debt to a manageable level, make huge investments in infrastructure, child care, education, and housing *and* have money left over to offer tax relief to lower income americans (the people who actually need it).
We have such an unimaginable level of wealth in this country that people can’t fathom how we’re getting robbed blind so Jeff Bezos and Elon Musk can have literal dick measuring contests on rockets.
natural_disaster0 on
Tax them out of existence.
121gigawhatevs on
If people are balking at this idea, consider this – we’re currently living in an extremely pro corporate/billionaire environment; how does life feel right now
DiamondHanded on
Might be their last chance to just pay taxes
Reddit-phobia on
Project 2028, let do this!
JTIZZLE_28 on
Bernie Sanders talks about something that’ll never happen, more at 8
Irvineknight on
This will never happen cause they have already bought the politicians.
its_the_smell on
It’s insane how so many Americans let the greed get to this point. Meanwhile the billionaires lie about abortion, immigration and crime to get votes from these idiots.
Avid_Reader87 on
No one person should ever have more than $500 million dollars.
That’s enough for 5 generations to live on and not have to work.
edgeofbright on
That’s literally half their net worth, most of which is equity in companies they created. This proposal is siezing the means of production, obfuscated by extra steps.
Thetman38 on
No no no, it’s the disabled lady that gets $100 in snap per month that needs to cut back on her government dependent lifestyle /s.
AdamBeigeman on
Can we just start that now? That’d be helpful.
theonlysamintheworld on
If you’re not a billionaire and you dislike proposals such as this then you are without any shadow of a doubt an idiot.
IntellectAndEnergy on
We need to pay off the debt quickly; 20% of every dollar is gone immediately to pay interest. From there we need to remove true waste from our spending – the largest chunk is in “Defense”, none of the wasteful spending here actually makes us safer – it is payback to defense companies and foreign land and foreign investments. We don’t need, or want that.
canadianpanda7 on
why are they limiting it to billionaires. no one need more than $250m tax every dollar over 250m
Weltall8000 on
It will never happen, but it would fix so many of our problems over night.
HR_Paul on
Great, that will be a good downpayment on WWIII.
haribobosses on
If FDR could run and win in 44 I support Bernie in 28.
“America, You Have One Last Chance”
Mammoth-Plankton-785 on
Just like the way it was when the American economy was the strongest in its history. Tax the 1%. Stop taxing the poor.
Loch_Nessie_350 on
Any human who achieves billionaire net worth status deserves a parade, a monument in their hometown, and 90% progressive tax rate. Instead of monopolizing everything, putting Katy Perry in space, and epstien stuff.
Apprehensive-Pin518 on
sounds good to me.
SmogunkleBochungus2 on
**yawn**
Sanders does this pretty much every year and it goes nowhere… geeze I wonder why that is?
whats-left-is-right on
Average US income is around 74k the average without the top 1000 earner is around 35k. 1000 people make more money every year than the rest of America.
Mathgailuke on
And they will still be able to rape children with impunity.
ClosPins on
Here’s what this comes down to (as does everything else you guys want):
You want billionaires to pay far more tax, right? This is extremely important to, not just you, but the entire country, correct?
Well, how much are you willing to donate to the cause?
Is even one of you willing to donate more than you spent on your last night out? Even 5% of what you spent on your last vacation? 1%?
No. You guys all talk a good game, but when it comes to spending your own money making the country/world a better place, you spend that money on yourselves instead.
Well, the billionaires are willing to spend whatever it takes to stop you! Elon Musk, alone, spent at least $45 billion making sure that the Republicans won the last election (and all the elections going forward). Did all of you – combined – spend even 1% of that amount making sure he lost?
No. You guys weren’t willing to spend a penny.
All these wonderful left-wing things you want cost a fortune. And, the other side is willing to spend billions making sure you don’t get them. As a result, you won’t even have a chance unless you spend as much as they do. But, you’re not willing to do that.
Until that changes…
lhomme_photographe on
There are 200 billionaires in America. How much is that per billionaire?
Big_Lab_111 on
Great, makes sense. It’ll never ever happen.
spondgbob on
If I can take 99% of your money and you still have 1000 sets of $1,000,000 (1 billion) then I feel like we should take that money… because you worked enough to earn $1 billion! That’s plenty of a reward for literally any level of work and some have hundreds of billions. Honestly, $500 million is still more than could be spent by one person in a lifetime, unless you’re spending it on dubious things like politicians and private armies
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48 Kommentare
Jeez, why don’t you throw in free healthcare for everyone while you’re at it.
What corpo-democrat will be the first to publicly oppose the tax? I’m betting Newsom will be up to the bat pretty quick.
The wildest part about this headline isn’t the $4.4 trillion number. It’s the fact that you could tax these billionaires for $4.4 trillion and it literally wouldn’t change their day to day lifestyle or quality of life one bit. My friends [call me extreme for having this in my car, but I’m sure I’ll die with my principles](https://immg.click/eat-rich-magnet).
hardworking, middle class and impoverished working americans have given the richest individual on earth — elon musk — over 38 billion dollars in social welfare, so that he has never had to cover the expenses on his businesses, tax payers have covered every downturn, every off year for him, so that even when he was actively driving down his stock value, he was raking in billions of taxpayer checks in social welfare to keep him and his harem of child brides (20 something year old women who all could pass for 12 year olds) on his ranch down in texas where his 14 children are being raised as livestock.
and that’s just one individual.
the billionaire class is a cancer on humanity.
that’s nice
vote out the incumbents, please
all the incumbents
Paywall
Do it
do it!
yes, but first – investigate every single billionaire in the E-files, and jail every single one that was involved in illegal shit.
Putting this into perspective, globally there are about 3,000 billionaires and their lifetime accumulated networth totals about 16 trillion. Globally, total gov’t spending is about 40 trillion every year.
The U.S. has about 935 billionaires with a total lifetime worth of about 8.2 trillion. In 2024, the U.S. gov’t spent 6.8 trillion in just one year.
Republicans would let every single American starve before they let taxes be raised on billionaires and their dumb ass constituents would support them 100% in said starvation.
Collectively all the billionaires in the US only have net worth of 6-7 trillion.
Of that net worth, 99% is in assets and mostly ownership of companies. If you want to extract $4.4 trillion from just billionaires, you basically have to nationalized near 50% of all the biggest companies. Quickest want to turn $4.4 trillion into mere billions. Government ownership of the most efficient method. Trying to force liquidation of $4.4 trillion in stocks would crash the whole economy and basically turn $4.4 trillion into nothing.
A pipe dream that CANT even be really considered until 2028…. Folks we might not make it to 2027
Someone has to pay for all the WARS….
I subscribe to the WAPO, tell me why this article isn’t a top story or on my FYP this AM?
It’s not enough Bernie
You forget how astroturfed this sub is until a post about a universally positively polled idea gets posted
You gotta pump those numbers up. Those are rookie numbers.
Tax these war mongers
pull back every dime cheetto gave them with tax breaks.
The US Budget deficit is around $2 Trillion a year right now. This would not only plug that gap, it would allow us to pay down the debt to a manageable level, make huge investments in infrastructure, child care, education, and housing *and* have money left over to offer tax relief to lower income americans (the people who actually need it).
We have such an unimaginable level of wealth in this country that people can’t fathom how we’re getting robbed blind so Jeff Bezos and Elon Musk can have literal dick measuring contests on rockets.
Tax them out of existence.
If people are balking at this idea, consider this – we’re currently living in an extremely pro corporate/billionaire environment; how does life feel right now
Might be their last chance to just pay taxes
Project 2028, let do this!
Bernie Sanders talks about something that’ll never happen, more at 8
This will never happen cause they have already bought the politicians.
It’s insane how so many Americans let the greed get to this point. Meanwhile the billionaires lie about abortion, immigration and crime to get votes from these idiots.
No one person should ever have more than $500 million dollars.
That’s enough for 5 generations to live on and not have to work.
That’s literally half their net worth, most of which is equity in companies they created. This proposal is siezing the means of production, obfuscated by extra steps.
No no no, it’s the disabled lady that gets $100 in snap per month that needs to cut back on her government dependent lifestyle /s.
Can we just start that now? That’d be helpful.
If you’re not a billionaire and you dislike proposals such as this then you are without any shadow of a doubt an idiot.
We need to pay off the debt quickly; 20% of every dollar is gone immediately to pay interest. From there we need to remove true waste from our spending – the largest chunk is in “Defense”, none of the wasteful spending here actually makes us safer – it is payback to defense companies and foreign land and foreign investments. We don’t need, or want that.
why are they limiting it to billionaires. no one need more than $250m tax every dollar over 250m
It will never happen, but it would fix so many of our problems over night.
Great, that will be a good downpayment on WWIII.
If FDR could run and win in 44 I support Bernie in 28.
“America, You Have One Last Chance”
Just like the way it was when the American economy was the strongest in its history. Tax the 1%. Stop taxing the poor.
Any human who achieves billionaire net worth status deserves a parade, a monument in their hometown, and 90% progressive tax rate. Instead of monopolizing everything, putting Katy Perry in space, and epstien stuff.
sounds good to me.
**yawn**
Sanders does this pretty much every year and it goes nowhere… geeze I wonder why that is?
Average US income is around 74k the average without the top 1000 earner is around 35k. 1000 people make more money every year than the rest of America.
And they will still be able to rape children with impunity.
Here’s what this comes down to (as does everything else you guys want):
You want billionaires to pay far more tax, right? This is extremely important to, not just you, but the entire country, correct?
Well, how much are you willing to donate to the cause?
Is even one of you willing to donate more than you spent on your last night out? Even 5% of what you spent on your last vacation? 1%?
No. You guys all talk a good game, but when it comes to spending your own money making the country/world a better place, you spend that money on yourselves instead.
Well, the billionaires are willing to spend whatever it takes to stop you! Elon Musk, alone, spent at least $45 billion making sure that the Republicans won the last election (and all the elections going forward). Did all of you – combined – spend even 1% of that amount making sure he lost?
No. You guys weren’t willing to spend a penny.
All these wonderful left-wing things you want cost a fortune. And, the other side is willing to spend billions making sure you don’t get them. As a result, you won’t even have a chance unless you spend as much as they do. But, you’re not willing to do that.
Until that changes…
There are 200 billionaires in America. How much is that per billionaire?
Great, makes sense. It’ll never ever happen.
If I can take 99% of your money and you still have 1000 sets of $1,000,000 (1 billion) then I feel like we should take that money… because you worked enough to earn $1 billion! That’s plenty of a reward for literally any level of work and some have hundreds of billions. Honestly, $500 million is still more than could be spent by one person in a lifetime, unless you’re spending it on dubious things like politicians and private armies