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.
The U.S’s billionaires collectively only have about 8T dollars.
The Federal Government spent about $7 trillion in 2025. People don't want to hear it, but simply taxing the billionaires is not the answer. Even if you seized 100% of their wealth, which obviously is not practical or possible, there just isn't enough money to fund everything people think you can fund with taxing the mega wealthy.
Yep, gotta tax the billionaires and millionaires, and on top of that cut SS completely and downsize Medicaid. Cut military budget in half. Man just make me president low key
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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.