Wealth of Elon Musk
2012: $2,000,000,000
2023: $248,800,000,000

Wealth of Jeff Bezos
2012: $18,400,000,000
2023: $160,900,000,000

Wealth of Mark Zuckerberg
2012: $17,500,000,000
2023: $105,200,000,000

Federal Minimum Wage
2012: $7.25
2023: $7.25

Three words: tax the rich.

@Strandjunker Tax everyone, why "the rich" ? The problem is that "the rich" is too vague, to ambiguous of a term, where do we set the threshold ?

Make it just, make it correct, so that everyone can get behind the idea !

Tax everyone, a just and fair percentage, and that way, nobody can complain they are taxed too much, or more than the next person. Only way to get everyone to agree !

@prolamerdude @Strandjunker the non-rich are already taxed pretty well
@potpie @Strandjunker That's a part of what I mean. Everyone should be taxed the same ! No more unequal treatment, where some are taxed already a lot, while others are not. The only fair solution would be the same percentage tax on EVERYONE !
@prolamerdude @potpie @Strandjunker that's regressive and leads to further inequality.
@elmyra @potpie @Strandjunker How so ? I'm sorry I don't know enough about the differences between progressive and regressive, but for example :
person A earns 1000$
person B earns 100$
If they both pay 25% tax : person A pays 250$, while person B pays 25$
That feels fair.
The person that earns more, paid a lot more taxes as a net value, directly proportional to their earnings, 10 times more, and that is fair, because they earned 10 times more, while still both paying the exact same percentage
@prolamerdude @potpie @Strandjunker of person A earns $100 and gets taxed $25, that's $25 they're not able to spend on basic necessities like food. For person B that's $250 they're not able to spend on luxuries.
@elmyra @prolamerdude @Strandjunker exactly; it at least makes sense not to tax what amounts to a basic cost of living. $25 out of $100 is cutting into food and rent. $25 million, $40 million, $60 million out of $100 million is... not.
@potpie @elmyra @Strandjunker I can't see the rest of the original thread, I think someone blocked me ... So sadly I can't answer to your point, without knowing what we were talking about :(