Wealth of Elon Musk
2012: $2,000,000,000
2024: $273,000,000,000
Wealth of Jeff Bezos
2012: $18,400,000,000
2024: $207,100,000,000
Wealth of Mark Zuckerberg
2012: $17,500,000,000
2024: $200,000,000,000
Federal Minimum Wage
2012: $7.25
2024: $7.25
Three words: tax the rich.
@fencepost @TimWardCam @Strandjunker ooh, that's an interesting thought.
How about this variant: minimum wage is 1% of the highest earner's wage or owner's income of whatever company or organization work for, whichever is greater.
It would have a floor of current minimum wage, so won't kick in until the top income is >$1,500,000/yr.
I first wrote 10%, but I like the symmetry of "Ok you can be a one percenter but it's going to cost you 1%", #1p_for_1p
It needs to stop…
@Strandjunker Agreed! And yet when people try to organise a European Citizen's Initiative called 'Tax the rich' it only receives 349.674 out of the 1.000.000 needed signatures: https://www.tax-the-rich.eu/ .
So either:
1) People agree on taxing the rich, but don't care enough about changing it to become politically active
2) Those who find this topic important don't know how to bring together people and movements along a common goal.
@erikkemp - You can't use a system that is owned by the rich to constrain the activities of its owners.
The pandemic showed us what to do. If even a significant fraction of us were to simply stop working for even a couple of weeks, their system would hemorrhage trillions of dollars.
@erikkemp
It it more likely option 3;
People don't want to tax the rich because they think they are going to win the lottery and become rich.
Welcome to the 1700s!
But don’t worry, your children can work for minimum wage too!
Four words: INCREASE THE MINIMUM WAGE!
@terag1e @Strandjunker Indeed. In Netherlands, the Minimum wage per hour
2012: € 8.35
2024: € 13.68
It’s still not much, but at least it gives you a change at living
@Strandjunker @onepict tax wealth.
Tax individual wealth. Tax corporate wealth. Tax anything that isn't creating jobs or cycling money back into the economy.
(remember when companies had massive R&D departments inventing cool stuff and employing people, just to offset corporate tax? Let's have more of that)
@Strandjunker
Song: Tax the Rich!
The politicians say there's not enough to go around
So they're laying off the teachers, and the schools are shutting down
Will our children live as serfs, suited only for their chains?
If we love them, we had better use our brains
With government turned upside-down, the money flows uphill
And it makes its tired journey there against the common will
Now we need that money back, and our lives are on the line...
Tax the Rich - The unequal distribution of wealth is perhaps the most significant single cause of conflict within our society. 'Tax the Rich' draws attention to this unjust distribution and calls for a redistribution of wealth through progressive tax reforms. #progressive #political #social #diversity #philosophical #ethical
Taxing anyone doesn't make you more happy. ;-)
Hug yourself, love your family & friends and be thankful not to be stuck in a war-zone or alike.
Being thankful for what YOU have, makes you free.
@Strandjunker Between the three of them, they could give half a million people 1 million dollars each and still have billions.
Except none of that money actually exists. It's all in stocks, many of which are probably just numbers that have been sold and loaned out a billion times in the last second alone...concurrently.
... or put the means of production into working-class hands.
Not too hard. Get it right, Andrea!
@Strandjunker Wealth of Vladimir putin:
In excess of $700 billion by virtue of stealing an entire country and all its resources.
His wealth isn't mostly on paper like Musk et al.
It is in the form of diamonds, gold, and cash.
Eat your heart out, Elon.
Vote for Harris.
Comments on the US economy:
https://medium.com/@colingajewski/americas-coolie-economy-feaf95b0303c
@Strandjunker
Eat.
We can't tax them enough to matter, but we can minimize their ability to harm anyone else.
So etwas wurde klassischerweise durch eine währungsreform gelöst (alles Geld wird wertlos, neues wird ausgegeben) oder durch ein pogrom (da Christen keinen Zins erheben dürfen, waren die Bankiers ja alle jüdisch).
@Strandjunker how much DID each of these super rich pay in taxes during these 12 years on these gains in wealth?
If they claim to be taxed fairly it should be the same sum like any other working citizen with a decent income of 100k/a has, too.
@Strandjunker Some perspective:
Should #Musk give away $1,000,000 per day for 14 days, that would leave him with $272,986,000,000…
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