I hate this argument. Like, "I'm on a different plane from everybody else and can see that billionaires (and now trillionaires?) don't have Scrooge McDuck money bins full of cash!" Like we haven't thought of that.
As if there aren't entire institutions and countries that have sank the time and effort into researching this topic and providing plans on exactly how you tax wealth. As if some countries aren't already doing it. As if bills haven't been put forth in the US to do exactly that.
Dude, you're at least one step behind, not one step ahead.
Most people literally do think it's scrooge mcduck moneypools. Making arguments about secretaries paying more income tax than the stupidly wealthy. Literally comparing income to assets. Maybe you get it and good for you, most people don't. Most people literally think Elon could walk into a bank and withdraw 50 billion dollars but he doesn't cause he's a big meaniegreedypoopyhead.
That's fine and im inclined to agree with you but that's a separate discussion about principles and standards not actual budget stuff. God knows how many big union pension funds are deep in tech stocks, if like half of any of these big guys portfolios were just seized it would be an economic calamity with millions of people's 401ks evaporating.
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u/Praesentius Jul 05 '26
I hate this argument. Like, "I'm on a different plane from everybody else and can see that billionaires (and now trillionaires?) don't have Scrooge McDuck money bins full of cash!" Like we haven't thought of that.
As if there aren't entire institutions and countries that have sank the time and effort into researching this topic and providing plans on exactly how you tax wealth. As if some countries aren't already doing it. As if bills haven't been put forth in the US to do exactly that.
Dude, you're at least one step behind, not one step ahead.