Billionaires are a political choice as much as homelessness. They are allowed to exist because nobody does anything about it.

There was an article celebrating the fact that we're on our way to having the first trillionare.

I wanted to die. It's so insanely fucking disgusting

It’s almost seems like the main thing you need to make money is money

tail -n +2 listAbove | cut -f 2 > DeathNote.txt

kamala harris' proposed tax on unrealized gains seems like a great idea rn

And that’s just the wealth that we know about

A boring distopia is already even a single person having more than a single billion.

The overall average median lifetime earnings of $1,850,000 for men and $1,100,200 for women. Let's just take the average and say an average American earns $1,475,100 in their lifetime.

The important thing to remember is, in an unequal system where workers have most of the value of their work taken by a single person who the system disproportionately favors, that value is translatable to literal life. They are directly, inexorably going to die having had that value simply transferred to the other person or people who collect that value. Or put succinctly, they are giving up life, and the "owner" of the business is gaining the value of their life.

Another note is that even though most valuations are stock, stock valuations do not exist in a vacuum. The stock market is the realizable increase in productivity value that we all collectively have caused.

So based on that principle, just for fun, let's convert these fortunes to human lives, to better understand just how much (economically-valued) life force these people have taken from people:

Elon Musk: $262,000,000,000 = 176,259 American lives.

Jeff Bezos: $208,000,000,000 = 141,007 American lives.

Mark Zuckerberg: $203,000,000,000 = 137,617 American lives.

That's 18 people who own about a tenth of the US GDP. Something needs to be done, and soon.

1% tax on all registered securities, payable in shares of those securities. The SEC just confiscates 1% of every position, and conveys them to an IRS liquidator. The liquidator sells them off in small lots over time, comprising no more than 1% of total traded shares. Securities with negative values are returned.

Once completely phased in, natural persons will be exempt on their first $10 million in registered securities. Corporate-owned securities will not be exempt: the are taxed from their first share.

We tax only the problematic portion of their wealth: their wealth-generating assets. We auction those assets off to the general public.

Is this inflation corrected? Cause an arbitrary line across 7 years of inflation is gonna be crossed....

Hey, look, I found the thing the US is still number 1 at!

How has musk maintained his companies’ valuations? Particularly Tesla.

Eat the rich!

I'll take a #8, with fries please..

If only we could combine Jim, Alice and Rob into a single entity called The Waltronzoid, we could easily defeat all the other billionaires by creating a bazillionaire.

Socioeconomic weeds choking out the rest of us.

Utter ignorance is how we find ourselves with so many morons admiring the thistle in the garden for its pretty purple flower. While economists stand around debating the merits of these weeds by divining dogma to give meaning to weeds natural stubborn deep roots.

Wow! So things must have gotten a lot better for people over the last 7 years!

Right?

Ugh, I hate ladderboards for games with cheaters and exploiters on top. Where are the moderarors?! I demand a refund.

Didn't Bill Gates sign a pledge to give all of his money away? And he is billions richer than last year? Huh.

Save me a teriyaki one

This is a list of people who's creations I'd like to avoid, if at all possible.

It's obvious for several people on this list, but how do I boycott someone like the Oracle guy? As a non-tech guy, it just seems impossible. I don't even recognize several of these people, tbh.

Oil princes are far richer than this