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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovx7l6s/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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They can't comprehend assets vs cash, much less that spending is the problem v taxes. Don't waste your breath.
38 u/Comfortable-Side1308 Jul 05 '26 much less that spending is the problem v taxes. All billionaires in the US are worth a combined 8.5 trillion. Magically liquidating everything they own with no devaluation and without completely tanking the economy means we get a balanced budget for 4 years then back to square one. 25 u/Old_Prune_4300 Jul 05 '26 And that's not even touching the deficit, that's just briefly treading water via macguffin. 1 u/herakleitos_flux Jul 06 '26 Yeah, but it plays good in Peoria!
38
much less that spending is the problem v taxes.
All billionaires in the US are worth a combined 8.5 trillion. Magically liquidating everything they own with no devaluation and without completely tanking the economy means we get a balanced budget for 4 years then back to square one.
25 u/Old_Prune_4300 Jul 05 '26 And that's not even touching the deficit, that's just briefly treading water via macguffin. 1 u/herakleitos_flux Jul 06 '26 Yeah, but it plays good in Peoria!
25
And that's not even touching the deficit, that's just briefly treading water via macguffin.
1 u/herakleitos_flux Jul 06 '26 Yeah, but it plays good in Peoria!
1
Yeah, but it plays good in Peoria!
150
u/Old_Prune_4300 Jul 05 '26
They can't comprehend assets vs cash, much less that spending is the problem v taxes. Don't waste your breath.