You would need to make $9k per day, for 2026 years, to catch up to the average billionaire wealth right now.
It’s estimated in 2026 that it would cost $37b to end world hunger until 2030.
Also note that Musk, Bezos, and other extreme billionaires are up to 100x of the average here ($700b for Musk). Who is making $900k per day?
This is not natural, it’s not rational, and it’s completely bullshit. You can come up with whatever distraction you want (“wealth & income aren’t the same”), but we should be taxing every dollar above $1b at 99% or higher.
30 years * 365 day = 10,950
$1,000,000,000 / 10,950 = $91,324.20
I could easily live off of $91k per DAY for 30 YEARS.
If you put these numbers against a human time scale we can understand, I don’t see the argument for this level of wealth, especially not as people go hungry, without clothes or food, and children die.
My long standing belief is that if you hit $100M of wealth, you should get a nice fancy trophy that says “congratulations on winning capitalism”, along with a 100% tax on all future income.
Billionaire math
Average USA billionaire has about $7b in wealth.
2026 * 365 = 739,490
$7,000,000,000 / 739,490 = $9,465.98
You would need to make $9k per day, for 2026 years, to catch up to the average billionaire wealth right now.
It’s estimated in 2026 that it would cost $37b to end world hunger until 2030.
Also note that Musk, Bezos, and other extreme billionaires are up to 100x of the average here ($700b for Musk). Who is making $900k per day?
This is not natural, it’s not rational, and it’s completely bullshit. You can come up with whatever distraction you want (“wealth & income aren’t the same”), but we should be taxing every dollar above $1b at 99% or higher.
30 years * 365 day = 10,950
$1,000,000,000 / 10,950 = $91,324.20
I could easily live off of $91k per DAY for 30 YEARS.
If you put these numbers against a human time scale we can understand, I don’t see the argument for this level of wealth, especially not as people go hungry, without clothes or food, and children die.
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Shit, $91k is more than double what I make ANNUALLY, and I’m not starving by any means. These hoarding pieces of shit need to go.
For years, I’ve heard people say, “What? You want to outlaw wealth?”
This level of wealth? Yes. Tax it at 99% above 1bn.
You won the money game. Stop playing it. Help society.
My long standing belief is that if you hit $100M of wealth, you should get a nice fancy trophy that says “congratulations on winning capitalism”, along with a 100% tax on all future income.
Hoarding wealth is a mental illness like any other addiction.