MauerseglerinJul 8, 2023
Andrea Junker 

Wealth of Elon Musk
2012: $2,000,000,000
2023: $248,900,000,000

Wealth of Jeff Bezos
2012: $18,400,000,000
2023: $153,100,000,000

Wealth of Mark Zuckerberg
2012: $17,500,000,000
2023: $104,900,000,000

Federal Minimum Wage
2012: $7.25
2023: $7.25

Three words: tax the rich.

Jul 7, 2023 at 6:35pmWeb
Show threadERRORSMITHJul 7, 2023
@Strandjunker I don't think taxing them is enough anymore.
Show threadMattias SchlenkerJul 7, 2023
@fr2 @Strandjunker Eat the rich?
Show threadDanteJul 8, 2023
@fr2 @Strandjunker I don't know, we should treat the rich with the dignity they deserve.
As a side note, I recently read about the life and work of Joseph-Ignace Guillotin.
interesting person
Show threadNoctisEqui 🇺🇦🇵🇸🇪🇹🏳️‍🌈Jul 7, 2023

@Strandjunker

Tax the Rich at 90%

Show threadPeteJul 7, 2023

@NoctisEqui @Strandjunker

Yeah, but, if I was crazy rich I wouldn't want to be taxed at 90%.

Got to keep that door of possibility open.

Show threadCarolannieJul 7, 2023
@Strandjunker we need to start internalizing the idea that wealthy people are mentally ill, just as other hoarders are. The fact that people admire them and give them power over their lives is mind boggling. All three of those men made money by ripping people off: workers whose unrecognized contribution to profit and whose ideas have been stolen, consumers who paid one way or the other for these men's life style.
Show threadSad Wings of DestinyJul 7, 2023
@Strandjunker this shit hasn't trickled down yet. Except to make us all fucking addicted to the shit they're selling.
Show threadMementoMoriJul 7, 2023
@Strandjunker close tax loopholes, taxes won't help. Elon Musk salary $1, Jeff Bezos salary since he founded Amazon 80k this is why the wealth accumulation is so fast.
Show threadlyrokain Jul 7, 2023
@Strandjunker That would be a just thing to do, but also quite insignificant. A mere $1000 per capita
In the US in a whole lifetime is not a sea change, I suppose.
Show threadessjaxJul 7, 2023
@Strandjunker we need a revolution. I will help but please remember I have a bad back.
Show threadLCKENDRICKJul 7, 2023
@Strandjunker they are days away from telling thier employees "let them eat cake".
Show threadErikJul 7, 2023

@Strandjunker tax em hard. Bring out the tax guillotine.

And those who say they're adding so much to the world in value can go eat a bag of Dick's

Show threadBrent, in a jarJul 7, 2023

@ErikBB
Dick's is too good for them!

@Strandjunker

Show threadErikJul 8, 2023
@BrentInMasto @Strandjunker hahahahaha I did not even know that existed🤣
Show threadBrent, in a jarJul 8, 2023
@ErikBB To be honest, and perhaps a bit revealing of my inner middle schooler, being able to show someone an actual "Bag of Dick's" is one of the top reasons to visit Seattle 😉
@Strandjunker
Show threadErikJul 8, 2023
@BrentInMasto @Strandjunker my inner adult has no desire whatsoever to ever go to Seattle, but a small 13yo voice now has other opinions🤣
Show threadLCKENDRICKJul 7, 2023
@Strandjunker for the record how they hell do you Americans put up with that bullshit minimum wage in 2023 like seriously is it Stockholm syndrome or something.
Show threadCypherJul 16, 2023
@CraigKendrickNZ @Strandjunker because Americans culturally believe that some people don't deserve a living wage
Show threadRobbie Norlyn, Author 👾Jul 7, 2023
@Strandjunker I go a step further than progressive taxation. Merely adding an income cap would do. There is no need for any individual to have such an excess of income or even toy with the gross notion that they are valued at such an amount.
It’s really quite simple. Put any money above the income cap that you earn into the community or grow that business. If you don’t do those things then at tax time all of that excess income is taken as tax. #Capitalism #IncomeCap #Tax #Billionaires
Show threadHexnutJul 8, 2023

@robertnorlyn @Strandjunker

Those fellows didn’t get wealthy from “income”.

Show threadCypherJul 16, 2023
@robertnorlyn @Strandjunker none of this was created by income
Show threadGregJul 7, 2023

@Strandjunker

Better : abolish the rich.

No wealth over 10 000 000.
No gain over 5*the minimum

Show threadElon Muksis 🇺🇦 🇵🇸 🇪🇺Jul 7, 2023
@Strandjunker wow they have been so hardworking. It's only right that hardworking people get rewarded. And their riches trickle down to benefit everyone. https://en.wikipedia.org/wiki/Work_(physics)
Work (physics) - Wikipedia

Show threadctrl the gender goblinJul 8, 2023
@Strandjunker nah..

let's eat them instead
Show threadLuna:babaw_is: NOT  Jul 8, 2023
@ctrl @Strandjunker eat them and distribute their wealth to everyone
Show threadctrl the gender goblinJul 8, 2023
@lunaa @Strandjunker 💯
Show threadDoctor of ElectricityJul 8, 2023
@Strandjunker I've always asked: Since the serfs outnumbered the lords, why were they so complacent. Now that I'm a serf, I know.
Show threadk3ym𖺀Jul 8, 2023
@Strandjunker three words: EAT THE RICH
Show threadJoe WokeJul 8, 2023
@Strandjunker wealth tax not income tax
Show threadLaglobuleJul 8, 2023
@Strandjunker these richs and many others became rich..They weren't born like this..thanks to tem 100 of thousands have a job.
And the USA is a super super power.
Show threadJohnnyThanJul 18, 2023
@Laglobule @Strandjunker Most of them were born rich, yes. They inherited a very good starting pile of money. Nobody of the really rich started with nothing.
None of them "earned" it.
Show threadPestilenceJul 8, 2023

@Strandjunker
Meanwhile in germany:

Federal Minimum Wage
2012: None
2023: 12€

Not that bad here.

Show threadBennolius 😷⚡Jul 8, 2023
@Strandjunker tax isn't enough; guillotine pls
Show threadChristopheJul 8, 2023
@Strandjunker taxing is the kind option. Historically, such large wealth disparities don't end well for those at the top.
Show threadRita SingerJul 8, 2023

@Strandjunker How about: Ban Billionaires. Your capital wealth exceeds 1Bill? Well, tough. Prepare for getting taxed at 100%.

Nobody needs that amount of money.

Show threadGemma 👽Jul 8, 2023

@Strandjunker
Adjusting for inflation, the 2023 $7.25 is not even the same as 2012, it’s far less: 5.47. If things cost more but you don’t get more at the same rate, you’re not even getting the same, you’re losing.

Adjusting for inflation the minimum wage should be closer to 10 just to stay put, not to mention shouldn’t it be growing?

Trickle down is the biggest scam.

https://www.usinflationcalculator.com/

Inflation Calculator | Find US Dollar's Value From 1913-2026

Easily calculate how the buying power of the U.S. dollar has changed from 1913 to 2026. Get inflation rates and U.S. inflation news.

US Inflation Calculator | Easily calculate how the buying power of the U.S. dollar has changed from 1913 to 2026. Get inflation rates and U.S. inflation news.
Show threadRianqJul 8, 2023

@Strandjunker "But but but most of that is not in liquid assets!"

So? As long as they can have several villas and at least one private jet, they have more than they could possibly need.

"But they need the money to invest in new projects that benefit everyone down the line!"

Yeah, those trickle-down economics from the 80s have really been working out for everyone, huh? The trickle will come aaaaaany day now.

Show threadfluffy 💜Jul 8, 2023
@Rianq @Strandjunker the trickle is a sign of an inflamed prostate
Show threadzemJul 8, 2023
@Strandjunker
I still think a top Inheritance tax is the way to go. But this is an Implementation detail.
Show threadepiposter:aidab:ඞ 🔺🇮🇱Jul 8, 2023
@Strandjunker tax the middle class too and increase the VAT
Show threadKimJul 8, 2023
@Strandjunker and what do you think the govt would actually do with the tax revenues?
Show threadFabian Pfeffer (Archived)Jul 8, 2023
@Strandjunker You may be interested in this visualization of the situation and a proposal for taxation: https://youtu.be/PAHYCiiXQlQ
Wealth Inequality and Redistribution

YouTube
Show threadM. Cons has moved to @[email protected]Jul 8, 2023
@Strandjunker or raise the minimum wage and lift all boats. Raise it to an actual livable wage. That is the best redistribution of wealth method. Taxing the rich with complex methods just keeps them in power and the driver seat.
Show threadGlenda SmithJul 8, 2023
@Strandjunker Exactly!
Show threadRealworldrjJul 8, 2023

@Strandjunker

2012: Obama is wrecking the economy. We need tax cuts on the wealthy, austerity for the masses
2013: Biden is weecking the economy. We need tax cuts on the wealthy, austerity for the masses

Show threadKarl Morant 🇨🇦  🖖Jul 8, 2023

@Strandjunker

Raise the minimum wage to $20!

Tax the Rich.

Break up the Monopolies!

Show threadJohn CuttingJul 8, 2023

@Strandjunker

You misspelled "eat"

Show threadLen Shannon BrightJul 8, 2023
@Strandjunker all got that much money for being inhumane philistines
Show threadArena Cops 🇺🇦✌Jul 8, 2023

@Strandjunker Fair taxation is just a simple required act of societal solidarity.

Also an offer to be a responsible member of this nation.

Nothing revolutionary.

https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
#FairTaxation #Freedom #Equality #Solidarity #Community #UnitedInDiversity #StrongerTogether

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax

ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.

ProPublica
Show threadFrançois DJul 11, 2023
@Strandjunker or cut them in two.
Show threadJamie MasonJul 12, 2023

@Strandjunker

Accurate..

Jamie

Show threadCharlotteJul 16, 2023
@Strandjunker plus the fact that these things are linked. Billionaires don’t earn their worth. They have it as a direct result of unsafe working conditions and paying their workers poverty wages.
Show threadCypherJul 16, 2023
@Strandjunker leveraged stock to live should be taxes like income
Show threadferricoxideJul 16, 2023
@Strandjunker

It'd probably be at least as interesting to see a tighter window of 2019 (pre-COVID) vs 2023 (post-COVID).
Show threadChirag SharmaJul 16, 2023
@Strandjunker they have taken $1420 from each American
Show threadcalcifer 🧯Jul 16, 2023

@Strandjunker
Average US Consumer Price Index
2012: 229.6
2023*: 309.6

Also Raise Wages

* projected

Show threadArt - US Expat in SpainJul 17, 2023
@Strandjunker Taxing the rich is a logical step but we may be beyond the stage where the political power to do so has been lost by the past idiocy of American voters. When there is no political solution, what is the next step? Is it a violent one? History seems to indicate it could come. People dance around that question in fear of being advocates of that step. I am not but the inevitability scares the hell out of me.