This article says that a report says that billionaires should pay a minimum 2% tax rate... But most folk I know pay somewhere around 20%-40%, give or take. Why should billionaires pay a teeny-tiny fraction of what everybody else pays?

https://www.bbc.co.uk/news/business-67191791

Billionaires should face a minimum tax rate, report says

A 2% rate on the world's wealthy could raise as much as $250bn a year, a report suggests.

BBC News

A billion seconds is almost 32 years
A million seconds is a bit over 11.5 days
A hundred thousand seconds is a little over 1 day
And ten thousand seconds is not quite 3 hours

Subtracting 1 million seconds from 1 billion seconds still leaves you with 32 years.

Maybe what we need is a new word for billion that sounds less like million.

@billgoats In Dutch/Flemish it’s miljoen (pronounced “milyoon”) vs miljard (“milyard”), but we still don’t tax the obscenely rich 🤷‍♂️
@lieven miljard sounds a lot more on the way to pejorative though, so it’s a start!