They convinced half of America that it’s the park ranger making $45,000 a year causing inflation and blowing up the deficit. By taxing working class people an extra $10,000 a year they can pay back trillions lol
If we just taxed the rich and churches we’d be fine. Instead the US is insuring China will be the new global economic super power soon.
hooblyshoobly
1 day ago
The majority of people couldn’t suffer losing $1000-5000. This guy can lose $100 billion and still have the poorest in society grovelling at his feet. This timeline is so incredibly insane.
elephantineer
1 day ago
I think it’s not a bad idea to just set a wealth cap at 999,999,999. Too much for most people, really. We can then direct the excess into cash transfers for the poorest.Â
kungfumovielady
1 day ago
Theyre probably crashing the stock market on purpose to buy at low
TacticalSpeed13
1 day ago
& he still doesn’t care and is not feeling any pain
Ninevehenian
1 day ago
It needs to be more than tax. There needs to be a punishment where if you persistently do harm and damage to the democracy, then you may lose the right to private property / wealth above what the average person has.
Fucking cut the billionaires that try to decide what the news can be.
RandomJediKinght
1 day ago
He lost 100,000 Millionaires?!!!!?! THATS INSANE AMOUNT OF MONEY
Humans_Suck-
1 day ago
If democrats wanted to tax the wealthy I would vote. See how easy it is to win Harris?
LifeofTino
1 day ago
Taxing billionaires under capitalism is not nearly as good as removing the conditions that create the billionaires. If we ended capitalism we wouldn’t need to tax billionaires
DJDemyan
1 day ago
Still waiting for the trickles
nugstar
1 day ago
Remove the T and add an E
Son0faButch
1 day ago
And he’s still fighting to get that $55 billion payout that his friends and family on the board approved but courts threw out
WonderLandOLakes
1 day ago
He’s lost 100B so far…
GingerSnapBiscuit
1 day ago
The one issue I have with this is the only way to tax the wealth that is held in this way (i.e ownership of a company) would be to force that person to sell their company. That tells people that they should only get SO successful, or else they will have their success removed from them.
Bobll7
1 day ago
Yup, every thing above a billion and one dollar should be taxed at 100%. Quick reminder, a billion is one thousand million dollars, or ten million 100$ bills or 50 million 20$…a stack of twenties that would measure up to about 18,000 feet!
HeadAd7325
1 day ago
i think if we had more assassins up in this b, we would feel better day to day
HumbleBaker12
1 day ago
I couldn’t care less about how much Elon makes. I just want everyone else to make enough money to not be scraping by, or worse.
Alarming_Bank_2031
1 day ago
People prefer living in the abstract.  Facts feel bad. Everyone, feudalism and oligarchies are real your freedom is an abstraction.
mustachedmarauder
1 day ago
The main issue I have with this they point out the “income disparity” worse than the great depression. IT WAS THE SAME UNDER BIDEN. It’s been getting worse for 20 years. Democratic presidents haven’t don’t ANYTHING about it. Same as Republican. People in Congress and the Senate are getting more and more wealthy. It’s THEIR FAULT. And it’s YOUR fault for voting for them.
Aquaeverywhere
1 day ago
He never had that much money, it was just stock prices. He only has it if it’s sold.
Timely_Intern8887
1 day ago
he didnt lose anything, the price of a stock went up and then it went down.
Panda_hat
1 day ago
Musk borrows against his net worth to pay for his day to day life and existence.
That net worth plummeting absolutely hurts him and will cause serious problems for him.
csvega84
1 day ago
No one should be that vulgarly rich. A big chunk of that is tax payer money too
EfficientOccasion502
1 day ago
who are “we” tho? They run the world pretty much. The system is designed for them by them. At this point it is unlikely to happen with petitions and voting and shit.
CommunityGlittering2
1 day ago
But wouldn’t he deserve a refund on the taxes he paid on that lost wealth?
They convinced half of America that it’s the park ranger making $45,000 a year causing inflation and blowing up the deficit. By taxing working class people an extra $10,000 a year they can pay back trillions lol
If we just taxed the rich and churches we’d be fine. Instead the US is insuring China will be the new global economic super power soon.
The majority of people couldn’t suffer losing $1000-5000. This guy can lose $100 billion and still have the poorest in society grovelling at his feet. This timeline is so incredibly insane.
I think it’s not a bad idea to just set a wealth cap at 999,999,999. Too much for most people, really. We can then direct the excess into cash transfers for the poorest.Â
Theyre probably crashing the stock market on purpose to buy at low
& he still doesn’t care and is not feeling any pain
It needs to be more than tax. There needs to be a punishment where if you persistently do harm and damage to the democracy, then you may lose the right to private property / wealth above what the average person has.
Fucking cut the billionaires that try to decide what the news can be.
He lost 100,000 Millionaires?!!!!?! THATS INSANE AMOUNT OF MONEY
If democrats wanted to tax the wealthy I would vote. See how easy it is to win Harris?
Taxing billionaires under capitalism is not nearly as good as removing the conditions that create the billionaires. If we ended capitalism we wouldn’t need to tax billionaires
Still waiting for the trickles
Remove the T and add an E
And he’s still fighting to get that $55 billion payout that his friends and family on the board approved but courts threw out
He’s lost 100B so far…
The one issue I have with this is the only way to tax the wealth that is held in this way (i.e ownership of a company) would be to force that person to sell their company. That tells people that they should only get SO successful, or else they will have their success removed from them.
Yup, every thing above a billion and one dollar should be taxed at 100%. Quick reminder, a billion is one thousand million dollars, or ten million 100$ bills or 50 million 20$…a stack of twenties that would measure up to about 18,000 feet!
i think if we had more assassins up in this b, we would feel better day to day
I couldn’t care less about how much Elon makes. I just want everyone else to make enough money to not be scraping by, or worse.
People prefer living in the abstract.  Facts feel bad. Everyone, feudalism and oligarchies are real your freedom is an abstraction.
The main issue I have with this they point out the “income disparity” worse than the great depression. IT WAS THE SAME UNDER BIDEN. It’s been getting worse for 20 years. Democratic presidents haven’t don’t ANYTHING about it. Same as Republican. People in Congress and the Senate are getting more and more wealthy. It’s THEIR FAULT. And it’s YOUR fault for voting for them.
He never had that much money, it was just stock prices. He only has it if it’s sold.
he didnt lose anything, the price of a stock went up and then it went down.
Musk borrows against his net worth to pay for his day to day life and existence.
That net worth plummeting absolutely hurts him and will cause serious problems for him.
No one should be that vulgarly rich. A big chunk of that is tax payer money too
who are “we” tho? They run the world pretty much. The system is designed for them by them. At this point it is unlikely to happen with petitions and voting and shit.
But wouldn’t he deserve a refund on the taxes he paid on that lost wealth?