A one-time 5% wealth tax would bring Silicon Valley’s billionaires’ wealth back to where it was just 31 days ago, on September 7.

When it was “just” 178% higher than on January 1, 2023.

They’d rather let 3 million people lose their health insurance than let that happen.

Graph here: https://cabillionairetracker.org/

Rather than paying their fair share of taxes, Sergey Brin, Pether Thiel, and Patrick Collison prefer to spend tens of millions to manipulate the vote.

Stupefying levels of greed and lack of civil-mindedness.

$45 million in a week: California’s wealthy aren’t holding back to try to stop ‘billionaire tax’

All credits to Gabriel Zucman

  • boonhet@sopuli.xyz
    11·
    2 days ago

    That wasn’t a wealth tax though? That was an income tax and only on the top bracket. Very, very different things.

    • bitjunkie@lemmy.world
      15·
      2 days ago

      There’s a pretty straightforward solution to that, as well: tax unrealized capital gains as income the moment they’re used as collateral. If you can spend it, it’s income, you fucking cheaters.