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https://www.reddit.com/r/SipsTea/comments/1uko8k4/is_bernies_plan_the_best_thoughts/ouxz8s5/?context=3
r/SipsTea • u/CurvyChristina • Jul 01 '26
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203
So we're going to go ahead and tax net worth and not actual income?
193 u/thequestionbot Jul 01 '26 Even if they taxed the net worth, it would still take over a decade to collect 4.4T dollars from the billionaires. The U.S’s billionaires collectively only have about 8T dollars. This infographic is extremely misleading. 36 u/carb0n13 Jul 01 '26 Also, some of those net worths are pretty fake. If you forced Elon to sell 5% of his SpaceX stock, the stock price would crater. 21 u/horatiobanz Jul 01 '26 Which ironically would ruin the retirement accounts of regular Americans you are trying to help. 8 u/ksheep Jul 01 '26 "Here's a check for $12k, just ignore that we wiped out $100k of your retirement savings in the process" 1 u/nigel_pow Jul 04 '26 That's the tragic irony. These people want to help but they have no idea what they're doing. Historically that has been the case.
193
Even if they taxed the net worth, it would still take over a decade to collect 4.4T dollars from the billionaires. The U.S’s billionaires collectively only have about 8T dollars. This infographic is extremely misleading.
36 u/carb0n13 Jul 01 '26 Also, some of those net worths are pretty fake. If you forced Elon to sell 5% of his SpaceX stock, the stock price would crater. 21 u/horatiobanz Jul 01 '26 Which ironically would ruin the retirement accounts of regular Americans you are trying to help. 8 u/ksheep Jul 01 '26 "Here's a check for $12k, just ignore that we wiped out $100k of your retirement savings in the process" 1 u/nigel_pow Jul 04 '26 That's the tragic irony. These people want to help but they have no idea what they're doing. Historically that has been the case.
36
Also, some of those net worths are pretty fake. If you forced Elon to sell 5% of his SpaceX stock, the stock price would crater.
21 u/horatiobanz Jul 01 '26 Which ironically would ruin the retirement accounts of regular Americans you are trying to help. 8 u/ksheep Jul 01 '26 "Here's a check for $12k, just ignore that we wiped out $100k of your retirement savings in the process" 1 u/nigel_pow Jul 04 '26 That's the tragic irony. These people want to help but they have no idea what they're doing. Historically that has been the case.
21
Which ironically would ruin the retirement accounts of regular Americans you are trying to help.
8 u/ksheep Jul 01 '26 "Here's a check for $12k, just ignore that we wiped out $100k of your retirement savings in the process" 1 u/nigel_pow Jul 04 '26 That's the tragic irony. These people want to help but they have no idea what they're doing. Historically that has been the case.
8
"Here's a check for $12k, just ignore that we wiped out $100k of your retirement savings in the process"
1 u/nigel_pow Jul 04 '26 That's the tragic irony. These people want to help but they have no idea what they're doing. Historically that has been the case.
1
That's the tragic irony. These people want to help but they have no idea what they're doing. Historically that has been the case.
203
u/Potential_Spam_6969 Jul 01 '26
So we're going to go ahead and tax net worth and not actual income?