they'd get more after tax?
The top numbers are what they'd pay in tax, not what they have
Is it just me or does Bill Gates starting to look more and a more like Stephen Hawking ? 🙃
Bill Gates is a Stephen Hawkings clone.
Is this an annual tax though? Or, a one time tax? Is it a tax on income or total net worth?
Annual on net worth
While I agree with the sentiment it's worth noting that this wealth isn't usually liquid. It's tied up in other assets. Like shares in companies. Liquidating those shares to pay a wealth tax will also dilute their influence in those companies. Not to mention liquidation comes with additional taxes.
This chart is bullshit. Scale the taxes owed the same as the money remaining so we can visualize what a fuckall pittance it is in comparison.
How many times a month do we repost this meme and it gets a lot of controversy every single time?
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