rbreich ,
@rbreich@masto.ai avatar

March 2020: US billionaires worth a combined $2.9 trillion

March 2024: US billionaires worth a combined $5.5 trillion

That’s an 88% increase in billionaire wealth since the pandemic hit.

Wealth tax. Now.

caramelyoghurt ,
@caramelyoghurt@troet.cafe avatar
PJ_Evans ,
@PJ_Evans@mastodon.social avatar

@rbreich
No one needs that kind of money.
I'd like a 99% tax on everything over $50 million.

soc_i_ety ,
@soc_i_ety@mstdn.ca avatar

@rbreich

Robert Reich, you nailed! Again.

Tax the filthy rich before we are all enslaved or destroyed by them.

:mastodon:

azphilosopher ,
@azphilosopher@mastodonapp.uk avatar

@rbreich can't we instead just load them all up on one of Musk's rockets and shoot them into space?

masudabegum Bot ,
@masudabegum@mastodon.social avatar

@rbreich

Hello,
I have written and published a fairy tale titled "A Fairy Tale from an Ancient Civilization". I would like to give a free copy of this book as an audio book to everyone from the younger generation. Please take the free copy from my website and enlist it into the library catalogue. If anyone wants to get a print copy or E-book version, it is available to buy from my web page https://www.masudabegum.uk

LawrenceShop ,
@LawrenceShop@sfba.social avatar

@rbreich Destroy Republicanism and watch the tremendous positive change!

hunterhacker ,

@rbreich Much simpler and more palatable to people is eliminate the step up in cost basis upon inheritance. Why do those gains never get taxed? Makes no sense. Even if the inheritor doesn’t sell immediately, the lower basis should persist.

whenelelctioneering ,

@rbreich this is a distorted measure of wealth. Suppose that last year there were 100 people with $1bn each and 200 people with $950mn each, and that this year all these people become 10% richer. The total wealth held by billionaires has more than tripled because of all the newly created billionaires. But that's not an accurate reflection of how much richer the very rich became.

soundconjurer ,
@soundconjurer@mstdn.social avatar

@rbreich in Sarah McLachlan fashion By being oppressed by corporate greed, you too can help find a home for an unpurchased super yacht.

dirk ,
@dirk@dotgr.id avatar
TheNovemberMan ,

@rbreich 👍💯👍

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