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[–] 33 points 10 months ago (4 children)

Billionaire math

Average USA billionaire has about $7b in wealth. 

2026 * 365 ‎ = 739,490

$7,000,000,000 / 739,490‎ = $9,465.98

You would need to make $9k per day, for 2026 years, to catch up to the average billionaire wealth right now. 

It’s estimated in 2026 that it would cost $37b to end world hunger until 2030. 

Also note that Musk, Bezos, and other extreme billionaires are up to 100x of the average here ($700b for Musk). Who is making $900k per day? 

This is not natural, it’s not rational, and it’s completely bullshit. You can come up with whatever distraction you want (“wealth & income aren’t the same”), but we should be taxing every dollar above $1b at 99% or higher. 

30 years * 365 day = 10,950

$1,000,000,000 / 10,950 ‎ = $91,324.20

I could easily live off of $91k per DAY for 30 YEARS. 

If you put these numbers against a human time scale we can understand, I don’t see the argument for this level of wealth, especially not as people go hungry, without clothes or food, and children die.

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  • [–] 20 points 10 months ago (3 children)

    Shit, $91k is more than double what I make ANNUALLY, and I'm not starving by any means. These hoarding pieces of shit need to go.

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  • [–] 29 points 10 months ago (2 children)

    For years, I’ve heard people say, “What? You want to outlaw wealth?”

    This level of wealth? Yes. Tax it at 99% above 1bn.

    You won the money game. Stop playing it. Help society.

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