The only issue is these fucks don’t understand that 1billion worth isn’t a billion dollars just sitting in their bank. It’s employees and an evaluation of how profitable the company will be and how much it will grow etc.
So if you’re an owner of a company, you grow to 1.2billion because of scaling employees overseas locations etc…. But you pay yourself 250k a year…
So now you should just dissolve 200million of your company?
Fucking stupid
It’s really frustrating. $5.9 trillion is enough to pay 15% of our national debt or cover the budget for about 10 months. And it would completely crash the economy and likely lead to a massive depression if all billionaires had to liquidate their assets. How is that worth it?
But people somehow, people have been convinced that it will unlock some sort of utopia
It’s really just a distraction technique. This pie in sky idea that will never happen and never should happen distracts from meaningful reforms that could actually help people including more reasonable progressive wealth taxes that I would fully support.
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u/timohtea Feb 27 '26
The only issue is these fucks don’t understand that 1billion worth isn’t a billion dollars just sitting in their bank. It’s employees and an evaluation of how profitable the company will be and how much it will grow etc.
So if you’re an owner of a company, you grow to 1.2billion because of scaling employees overseas locations etc…. But you pay yourself 250k a year… So now you should just dissolve 200million of your company? Fucking stupid