Rich tax. : whitepeopletwitter

[-] Alwaysnownevernotme@lemmy.world 0 points 1 month ago

Axe the rich

[-] SuperSpruce@lemmy.zip -1 points 1 month ago

Not the most fair comparison. Compare it to the richest people in 2012, as extreme wealth ebbs and flows with inflated "funny money" stocks.

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[-] Michal@programming.dev -3 points 1 month ago

Individual's wealth vs minimum wage is not a great comparison. It's showing accumulated wealth of an individual who will over time receive pay raises and build up their wealth.

Minimum wage is what it says the minimum. It's supposed to be entry level income at the time. It should be adjusted for inflation.

To make it more accurate, it should show income increase for ech of the billionaires, and compare it to an income of some median individuals.

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[-] LibreHans@lemmy.world -4 points 1 month ago

You could take all the money of all billionaires.. that would cover government expenses for about half a year. The state doesn't have a revenue problem, it has a spending problem.

[+] PuddleOfKittens@sh.itjust.works -8 points 1 month ago

These numbers are made up - specifically, they're made up by the stock market. If you actually think Elon Musk has $273 billion dollars, I have some Saudi shares in Twitter to sell you.

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[+] notaviking@lemmy.world -33 points 1 month ago

Opening a can of worms here, but I might have an opinion going against the grain. The minimum wage rate is not the problem, technically it should be $0.

The issue here is basically legislation, policies and government, that has been captured by these big corporations to be business friendly and antagonistic to the workers.

Make no mistake being friendly towards businesses should be important, basically the driver of the economy, why these three billionaires are not the root cause of your problem. Your root problem has been the corporate capture of your government, that has bled through your other pillars of democracy, your judicial and finally the big one, the people. Americans are, in my opinion, so addicted to fast news, so that everything should stir an emotional response. You have been polarised for political and vested interest gains. You have let yourselves down. By not uniting, by dividing yourselves, you the people have become weak, thus a united market will take advantage of you, distract you to non issues, while conquering your nation.

It can be changed but only if there is a cultural change, and the will of the people will guide that change.

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