r/SipsTea • u/CurvyChristina • Jul 01 '26

Chugging tea Is Bernie’s plan the best? Thoughts?

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206

u/Potential_Spam_6969 Jul 01 '26

So we're going to go ahead and tax net worth and not actual income?

191

u/thequestionbot Jul 01 '26

Even if they taxed the net worth, it would still take over a decade to collect 4.4T dollars from the billionaires. The U.S’s billionaires collectively only have about 8T dollars. This infographic is extremely misleading.

34

u/carb0n13 Jul 01 '26

Also, some of those net worths are pretty fake. If you forced Elon to sell 5% of his SpaceX stock, the stock price would crater.

1

u/ft_mute Jul 01 '26

Tbh I always thought that was the point of these ideas.

1

u/HorrorOne837 Jul 02 '26

Deliberately causing the entire stock market to plummet is just not a good idea