I’m trying to stay more realistic.
Anyone at shy above 1 million USD living in the US is having a live that’s closer to the average person than it is to a billionaire let alone Musk.
Yep and for those who have a million dollars most of those people have that money locked away in a retirement fund that they plan on using to retire off at 65/70 instead of buying yachts. That isn’t a lot of money to retire off of. It will buy you a pretty minimalist lifestyle bearing all healthcare considerations
Yes. I like what I think is Bernie’s idea. The sentiment is basically do everything possible to tax all income and assets over one billion. Tell those crying for billionaires to shut up because surely people can live on assets of $999,999,999.00.
Maybe readjust for inflation every decade or so. Even if it got negotiated down to something like a cap of 5 billion or 10 billion, this would still be good for America. Someone with assets like Elon, and Bezos and Zuck, etc. should not even exist, even if most of those assets are supposedly “only” on paper. Surely, though, being someone with just under a billion or just under 5 or just under 10 should provide enough “motivation” for all the future supposed “job-creators” that we always hear so much about.
Surely, having 999 million is better than whatever they started with and we should all acknowledge they didn’t make all that themselves. They have a huge working government (or they did at one point, we’ll see what we are left with after Bronzo the Clown is done) that helped them, along with many, many workers making that money. They should show GRATITUDE for that by helping to further sustain that system, not just leech from it and be able to buy politicians that actively work to make it worse for those not in the billionaire class.
Why set the bar too high?
I’m trying to stay more realistic.
Anyone at shy above 1 million USD living in the US is having a live that’s closer to the average person than it is to a billionaire let alone Musk.
Yep and for those who have a million dollars most of those people have that money locked away in a retirement fund that they plan on using to retire off at 65/70 instead of buying yachts. That isn’t a lot of money to retire off of. It will buy you a pretty minimalist lifestyle bearing all healthcare considerations
Apparently, it’s about 18% of households.
And much of that is the value of the home they live in and pension funds.
I’d wager most millionaires don’t even know they’re millionaires.
And that’s why it’s harder to get support for such an approach, while support for taxing billionaires should be available in abundance.
Yes. I like what I think is Bernie’s idea. The sentiment is basically do everything possible to tax all income and assets over one billion. Tell those crying for billionaires to shut up because surely people can live on assets of $999,999,999.00.
Maybe readjust for inflation every decade or so. Even if it got negotiated down to something like a cap of 5 billion or 10 billion, this would still be good for America. Someone with assets like Elon, and Bezos and Zuck, etc. should not even exist, even if most of those assets are supposedly “only” on paper. Surely, though, being someone with just under a billion or just under 5 or just under 10 should provide enough “motivation” for all the future supposed “job-creators” that we always hear so much about.
Surely, having 999 million is better than whatever they started with and we should all acknowledge they didn’t make all that themselves. They have a huge working government (or they did at one point, we’ll see what we are left with after Bronzo the Clown is done) that helped them, along with many, many workers making that money. They should show GRATITUDE for that by helping to further sustain that system, not just leech from it and be able to buy politicians that actively work to make it worse for those not in the billionaire class.
Million? That’s like 2 houses or a small truckload of eggs.
Are you joking? If you own 2 houses or are buying truckloads of eggs, we definitely need to redistribute your wealth.
And probably criminal charges too
no no, two houses OR a truckload of eggs, I don’t have either, I’m just sayin a million don’t go as far as it used to.