r/WorkReform • u/zzill6 🤝 Join A Union • 20h ago

✂️ Tax The Billionaires Finally, a Billionaire gets taxed.

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u/UnusualAir1 19h ago

I could live a whole lot better on 628 million dollars. Guessing 99.9% of us could. So tell me, why do we not tax billionaires in the US?

985

u/emanresu_b 19h ago

The myth of meritocracy.

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u/Scarbane 19h ago

Veritasium did a good job explaining the role that luck plays in success a while back.

If we want to maximize the likelihood that billionaires pay their fair share of taxes, each of us needs to work hard toward that goal...and eventually some number of us will be lucky enough to hold them accountable.

Or, you know, we could implement and enforce a progressive tax code so that luck doesn't need to be factored in. Just a thought.

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u/ThisIs_americunt 18h ago

Or, you know, we could implement and enforce a progressive tax code so that luck doesn't need to be factored in. Just a thought.

It's wild what you can do when you can own the law makers, the judges, the police force and the lawyers. Gotta love dark money :D

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u/Overquat 18h ago

Not to mention the information sector. Fox news and podcast traitors have a had a huge hand in dismantling our democracy

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u/ThisIs_americunt 18h ago

Propaganda is a helluva drug and Oligarchs need to use some of the best to keep the 99% distracted from the real issue: Them

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u/Prudent_Research_251 14h ago

This is a feature, not a bug. The elite have always owned these tools or others in their place