Mary Sassin
Robert ReichElon Musk lost $13 billion in 24 hours on Thursday, and he’s still the world’s second richest person
Don't tell me billionaires can't afford a wealth tax.
climate voter/degrowthist@rbreich If we actually lived in a Democracy, we could do something about this.
MiMi Agnew@tmstreet @rbreich For 57 years we had a democracy. Now it’s slipping from our fingers because people elected folks who represented industries and not their interest or gerrymandered. We got bamboozzeled! But young people have Woke Up! By 2026 most of these legislators will be out of business! Please count on the future!Save,save Save The Children 🎼
Chad McCullough
Gargravar@tmstreet @rbreich it's similar fantasist rhetoric to the anti-jewish messages of the Nazis. They lived in a democracy, and to do something about it, they overthrew the democracy and put in place a strong man... Trump tried something similar, remember? The left and right wing extremists both want the same thing: total control. Beware their simplistic narratives.
I've moved to @rbreich See, we can't tax them because then they might not be able to afford to do utterly ridiculous and destructive things.
KorvaxChris 
@rbreich Elon Musk blew $40+ billion on a social media platform that is worth maybe a fifth of that and his status also didn’t change.
That, I think, is even more damning of the system.
@KorvaxChris @rbreich Elon is 48 billion dollars in debt to the Saudis for Twitter. How ridiculous is that? He better watch his back.
Uncle CharlieA@KorvaxChris @rbreich I think he did that with lots of Other People’s money. There seemed to be a cabal ready to help him.
Diabetic Heihachi@rbreich
I like the idea of wealth cap. You can only hoard X amount of profits. After a certain point all profits above that amount are diverted to social projects, healthcare infrastructure.
oh, and still tax the shit out of them too. This wouldn't replace taxes, it stops people from behaving like Smaug from The Hobbit.
Pablo Martini@rbreich but they can write it off?
doppelfish ☑️@rbreich so he was, like, walking down the street, and those $13 billion fell out of his pocket, right.
Big Head Tales@rbreich
The filthy rich are destroying the lives of countless working people. They garner almost unlimited power while suffering no consequences for their unstable actions.
Just ask any of the tens of thousands of tech workers at Amazon, Meta, and Disney being burned by filthy rich CEOs to make billionaire shareholders happy.
Schafstelze 🎗🖤@rbreich we can't afford billionaires
MidLifeBroad@rbreich It is time to #defundbillionaires
Wade Wainio@rbreich If anyone can afford to pay more, it's Elon Musk
@rbreich I believe they should pay a higher tax AND get rid of the writeoffs on their taxes. My sister is a multi millionaire and I firmly believe she should pay more in taxes. Granted she busted her butt working to get to this level, but the write offs are unreal!
Royden@rbreich does that include the exploding rocket 🚀, or is that someone elses money?
Julien M.@rbreich true, but once only to take them all, otherwise we would depend on people like Elon Musk becoming rich in the first place to finance the civil servants, and public investments...
That's to avoid such nonsense that in 1946-47 the French communist ministers, Maurice Thorez, Marcel Paul and Ambroise Croizat, created the "Régime général", financed by social contributions, not taxes, to invest in huge projects like building hospitals, and to socialize the wages of unemployed, medical staffs, parents, and retired people, all that before the added-value is split between profits and employed's wages.
That's what has been dismantled by all governments since then, up to the huge attack on retirements by Emmanuel Macron this month.
That's to avoid such nonsense that in 1946-47 the French communist ministers, Maurice Thorez, Marcel Paul and Ambroise Croizat, created the "Régime général", financed by social contributions, not taxes, to invest in huge projects like building hospitals, and to socialize the wages of unemployed, medical staffs, parents, and retired people, all that before the added-value is split between profits and employed's wages.
That's what has been dismantled by all governments since then, up to the huge attack on retirements by Emmanuel Macron this month.
Noa@rbreich do you respond to replies, or do you have a policy of not? Asking mostly because I've never seen you respond, save for larger accounts… though it's been a while since I've been on twitter & I haven't exactly sleuthed around with any effort beyond what comes on my feed.
rood@vex he's probably just handing off media to his communications team.
Scott Knowles@rbreich He'd do more good just sending $40 to every American.
Kris Samsel@rbreich What’s Twitter’s new name? Merged into X? Twix?
Backyard Hibachi Kings@rbreich support backyard hibachi king’s 🙏
John Hitt@rbreich I won’t
vegangster@rbreich Who says they can't afford it?
Greed@rbreich They wouldn't be billionaires if they paid a wealth tax
JJ Peterson@[email protected] You are aware Biden is the guy who continually supports a wealth tax, has actually taxed the rich to pay for recovery and infrastructure (despite the Tax the Rich squad voting against Taxing the Rich) and wants to do more, right? The guy doing all the progressive actions like using taxes on the rich to address climate change, institutional racism, and human rights, the guy progressives dislike because he’s not young and pretty (or a misogynist crank)?
JakeQuokkaMCM@rbreich it all depends to those guys who they are losing it to. If it's the stock market casino it's ok, it it's to taxes then it's not so good.
Martin Johnstone@rbreich or simply to pay what they ACTUALLY owe. No evasion. No avoidance. No loopholes. No write offs.
hsaliak@rbreich honest question, with Tesla, don’t you think he has done to reduce pollution than most? This is the question that trips me up.
Blackeyeddog@rbreich
In Heisenberg $.
In Heisenberg $.
@rbreich he lost predicted future value that stems from the manner in which he is expected to employ capital lent to him by others. Fantasy money.
Musk is a fantasist, but then, so are you.
Musk is a fantasist, but then, so are you.
Eric S Burdon@rbreich Absolutely. Also some perspective on just how much money billions of dollars look like, here's a good video that puts it into perspective. It's from almost a decade but imagine this video and time it by 13 or 100+ times.
What 1 billion looks like - One billion dollars
Loren Hall@rbreich Don't tell me the US can't afford to make billionaires irrelevant.
MikiLooks like there should be a root change decimating everything done from R. Reagan's era to present moment.