Here's how it works: They pay no taxes because they own the government. So we pay taxes and give them our money.

Then they take our money and and use it to fund their terrible ideas that usually just fucking crash and burn and tank the entire fucking economy. So then they need more money. So you continue to pay more money, and they take your money. Now they have more money.

But we can't ask them to contribute money to fund public services let alone their own harebrained schemes because "Something something... Milton Friedman... Blah, blah, blah Hayek and the road to Serfdom, and the CIA is busy defending our freedom, yada, yada, yada."

The survival of American democracy depends on taxing imprisoning billionaires

As of early October, 260 billionaires lived in the state, according to the Forbes billionaires’ list, amassing nearly $2.5tn in wealth. Based on these numbers, the 5% tax would raise some $110bn

If a one time 5% tax on 260 people would raise $110,000,000,000 that alone should be enough to show you how fucked up our system is.

I would even go a step further than “get them to pay their own fair share.”

When we talk about taxing billionaires, as we are in California right now, they always say the same thing: we will just leave.

Well, maybe that’s a good thing. Billionaires flock to the US because they know they can do business with a free hand here and keep all the profits. And we see the results: capture of the state, exploitation of the workers, pollution of the media.

Maybe it would be good for the US if it were no longer seen as the billionaires business paradise and they fucked off somewhwre else to try their luck?

Not just taxing them, but taxing them until they are no longer billionaires. No one person needs that much money and it is morally wrong to hoard that much money while others are without homes, starving, or worse.

Yeah, "taxing."

Financial obesity is neurotoxic, an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

I made this website to be able to find wealth tax supporters, it also has a parliamentary seats view, directory and other stuff. Linking to the US but I've added 25 countries so far: https://wealthtaxsupporters.com/us

Well it's not going to happen. Here in California, we are about to reject a billionaire tax, and vote for what will essentially mean privatization and the end of many social services.

The survival of American democracy depends on taxing billionaires

Conservatives will give their own lives to prevent a billionaire from having to pay a penny in taxes. They are the foot-soldiers of the wealth class. Always have been. Conservatives will gleefully kill us all to please their billionaire idols.

Democracy is incompatible with capitalism. If you do not revise the capitalism part, it will naturally progress to fascism again no matter what else you do.

The survival of humanity depends on us removing billionaires from the picture entirely and not having capitalism.

We need to squeeze the billionaires until the pips squeak.

Survival? It’s been dead for decades

Tax or take, it’s their choice

Scientific socialism is the only sustainable way forward.

The survival of the WORLD. These Sociopathic Oligarchs are reaching Trillionaire status, and once one gets there, they're ALL going to want it. And once they do, they will be able to build armies, especially if they form alliances. Then they can form their own sovereign nation, and start pushing the world around.

Why do you think Kushner and Ivanka are pushing that Albanian island as a resort for the super-rich? It just happens to contain miles of fortified bunker that were designed to withstand a NATO attack. It also sits at the opening of a strait that controls much of the shipping to and from Eastern Europe. It would be the perfect stronghold for the Sociopathic Oligarchs to hide from the world, with a strait they can leverage for power.

They are planning on creating their own country, and taking over the world. Taxing them is a start, but it won't be enough. They are mentally ill, with OCD manifesting as a Financial Hoarding Disorder. They can't stop, and they will even kill millions of people to accumulate even more money that they don't need. They must be stopped, their hoards confiscated, and they must be punished for their crimes, on a global basis.

Unpopular opinion, but I view the people up top squeezing the life out of everyone else to be a big cause for why NVE groups keep popping up. They know they can't stop the billionaires, so they instead hurt the vulnerable, causing all sorts of mayhem until they get arrested.

Society is basically done if NVE ever becomes mainstream/hits critical mass. Even MAGA wants these people eradicated, but I don't see that happening unless people have reason to trust in society.

What's the point when the pentagon can't even pass an audit?

It's a black hole, sucking in every dollar with insatiable greed, straight into the deep pockets of military contractors. They'll just buy more robots like there's no tomorrow at millions a pop. Every dollar will be killer robots....

I'm all for taxes, but with our government in this state, I don't think an increased billionaire tax, or any tax, will solve any of our problems, not even one.

If a company can't pass an audit, it's dismantled, with legal consequences.

I don't think any amount of increased tax income can save the USA at this point when we don't even know where the money is going. It's like giving money to a drug addict, except the drug is terminators.

Wrong verb

The US has never been democratic for the working classes, and certainly not for indigenous peoples. Even if the US taxes billionaires, it will still not be able to stop the inherent crisis of profitability that is to come.

Some guy making $15k/year "But how will they(the billionaires) afford thier basic needs?

I agree it needs to happen, but how do we prevent them from parking all their money in offshore accounts?

America has democracy?...

Since when?

This is like a fucking joke at this point, how long have people been saying this, yet nothing actually changes.

The survival of any democracy depends on all within. The billionaires separate themselves by lobbying and using laws to protect their filthy lucre while still wanting to live (i.e. "do business") in a democracy.

It's an unfair economic model but doesn't have anything to do with democracy.

Wrongthink to base it on jealousy emotions. Core solution is eliminating tax breaks for investment income instead of targeting wealth, and to redistribute power through UBI (enough), and ideally liquid democracy.

https://naturalfinance.blogspot.com/2026/09/a-global-prosperity-manifesto.html

Nazi democracy's problems are Oligarchy/Zionism having disproportionate influence because winners control budgets, and gift everything to their sponsors, at expense of people. Picking a losing fight with no significant consequence even if implemented is just manipulating public's emotions instead of structurally fixing corruption.

Tell me again how you’re gonna tax capital gains that have not been realized on ownership of stocks?

Millionaires and billionaires borrow money against the value of their stock portfolio or assets. They don’t pay tax on loans because it’s not income. Just like they don’t pay taxes on stocks that own but have not sold.

The argument for taxing billionaires and millionaires doesn’t hold much water. If all their money/assets are held in a trust and they pay themselves a salary of $50,000 a year they’re only paying taxes on the salary.