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Cake day: July 7th, 2023

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  • starlord@lemm.eetoGeneral Discussion@lemmy.worldDoes this plan make sense? v3
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    6 months ago

    Well, the tin-foil-hat answer is because they make more by investing it here, namely, in politicians. (Like Musk bought Twitter in an attempt to control the national discourse, so he could, you know, help influence who gets elected and make more money.)

    It’s probably just more profitable here. We’re a Capitalist nation. Capitalists are gonna wanna play our game. If you had a giant stack of bills in Monopoly, you wouldn’t take a bunch of them over to the Chutes and Ladders table.

    What do all men with power want? More power.


  • So sometimes it’s a wealth tax, not necessarily an income tax.

    Still, the top 10 billionaires are averaging +$40B/yr. Tap that for 5% and that’s $21B.

    Here’s some things you could afford with that money:

    • 250k people get a free $85k education.
    • 6 million kids get $20/day to eat a quality school lunch for a whole year.
    • 84k homeless people get a $250k house
    • Every teacher gets a $5k bonus

    And that’s just from 10 people, at 5%, one time.