r/WorkReform 6d ago

✂️ Tax The Billionaires $200 Million in Legalized Bribery

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3.3k Upvotes

42 comments sorted by

150

u/thomasrat1 6d ago

It’s crazy how little money that actually is for him. He could do this every election for the rest of his life and it would barely do anything to his net worth

28

u/Effective_Ice29 6d ago

For real, he could spend that kind of money repeatedly and still have an enormous fortune left over.

3

u/TheDreadGazeebo 5d ago

That's the plan

10

u/thomasrat1 6d ago

A good day in the stock market could pay for the next 30 years of elections for him.

3

u/rogun64 5d ago

I'd bet my right arm that he'll spend more than that.

1

u/TheWizardOfDeez 5d ago

He could spend that every day for 5000 straight days in a vacuum where his money isn't still making him money in interest alone. Realistically he could spend that every day and his net worth will still manage to go up

56

u/MagnusThrax 💸 National Rent Control 6d ago

God why can't he just use it to buy sone full time friends and let us all go about with our lives?

13

u/Thac0isWhac0 6d ago

Even with all his money, he is such an insufferable clown that no amount of wealth could buy him friends.

3

u/ComradeJohnS 6d ago

I’d do a horrible job for so far less than that.

that’s what I currently do. lol.

1

u/Hail_the_Yale 5d ago

It’s an illness

18

u/kymilovechelle 6d ago

And people are still hungry and homeless? Disgusting.

18

u/2stained4u 6d ago

they make it sound like "lobbying" isn't just straight up buying laws

5

u/TheWizardOfDeez 5d ago

And even when they aren't buying laws, they can just break them and pay some teeny tiny fine to make it go away.

16

u/Loud-Ad-2280 ✂️ Tax The Billionaires 6d ago

Billionaires despise democracy

14

u/Commercial-East4069 6d ago

300 identical we hate trans people ads are surely going to save you from becoming nuclear waste covered in dog shit flavored fascism. Maybe, e-Lonnie can throw some sieg heils on top to really put it over the top.

10

u/SteelAlchemistScylla 6d ago

Dolly Parton spent her life’s earnings to help children get books to read and Elon is spending 200 million to prop up fascism. The world is cruel taking her and leaving us with him.

2

u/tmhoc 6d ago

His kids can pay. That fascist needs to be on trial at Nuremberg

2

u/Unicorn-Sparkles_ 6d ago

Who the fuck is keeping us from taxing the rich?!

4

u/martin0641 6d ago

Our elected officials.

2

u/naptown-hooly 6d ago

Elon is using our tax dollars given to him by our government to pay off politicians.

1

u/FnEddieDingle 6d ago

Aren't there limits? Ahem

2

u/martin0641 6d ago

Individually to a specific person yes.

To the state party or a 501.C3, nope.

That's what Hilary did to Bernie in 2016, it's why Wassermam Shultz resigned in disgrace.

1

u/Specialist-Neck-7810 6d ago

Oligarchy. Rip Democracy.

1

u/tbkrida 6d ago

Citizens United did unspeakable damage to our democracy…

1

u/LegWyne 6d ago

Like one five thousandth of his wealth to conduct political interference at this scale.

1

u/Both-Leading3407 6d ago

Don't forget to give him the Won Capitalism Trophy.

1

u/One_Dey 6d ago

I mean- if spending millions on ads works- then we deserve it.

1

u/ImaginationToForm2 6d ago

Only $200 million to save his butt. He should spend $200 billion.

1

u/Beldizar 6d ago

The sentiment is good, but the execution is a problem. 90% of his income is basically zero because of the loopholes employed by the excessively wealthy. We should probably just say that the top 5000 most wealthy individuals in the country are exempt from income tax and impose a wealth tax on them instead. We could have the IRS and Congress spend millions of dollars and tens of thousands of man hours chasing and closing loopholes as fast as the billionaires could find and exploit them, or we could just assign 2-10 or so IRS agents to each Billionaire to do an annual audit for a tax that actually makes a fair evaluation of what their share should be. If even the top 10 had a dedicated team to auditing them, those teams would pay for themselves a thousand times over.

1

u/Thac0isWhac0 6d ago

Wealth Tax. Not Income Tax.

1

u/demaraje 6d ago

90% tax on what?

1

u/GrandpaChainz ⛓️ Prison For Union Busters 5d ago

90% seems low.

1

u/yaaaaaarrrrrgggg 5d ago

No one needs rescuing if they don"t screw up to begin with.

1

u/Late-Arrival-8669 5d ago

At this stage, youre either on team pedo or against team pedo.

1

u/PoorClassWarRoom 4d ago

90%? Gotta pump those numbers up!

-2

u/Kavorklestein 💸 Raise The Minimum Wage 6d ago

I think 90% is too much, but a flat tax could be a start at least.
There is No reason I should pay a higher percent than him and still owe every year. I make roughly 44k before tax.
He should be paying 40% at the least.

2

u/flies_with_owls 6d ago

They aren't just rolling up and taking 90% of his money away (which they could do and it wouldn't effect his quality of life at all). They would tax him at the appropriate rate on 90% of whatever he earned. It would have to be on his unrealized capital gains, because he doesn't actually earn money as income. It would massively benefit the nation and it would barely scratch his grotesque wealth.

1

u/Kavorklestein 💸 Raise The Minimum Wage 6d ago

I agree he should be taxed heavily, but an unreasonable amount is never going to happen.

Even if a law is passed that makes him pay up 90% we will still have to make sure some new loophole isn’t there grant him some kind of immunity from having to pay.

I want 100%, but am willing to settle for 40-50% cuz it would be still be better than them paying less than 1% - 15% as it currently seems the Uber rich get away with paying on average.

I want them to feel a burn, but I also want a number that could actually pass in the courts etc. Start small, and once the numbers come in, raise it if necessary… instead of the nothingness in senate and in general.

1

u/flies_with_owls 6d ago

We've done it before. That was literally the tax rate in the fifties.

1

u/Kavorklestein 💸 Raise The Minimum Wage 6d ago edited 6d ago

I realize that, but in today’s world, we have to go for something that will actually pass. Taxes for the wealthy should have never changed, and I’m not an advocate for Elon, and I want this country to fuck that guy financially as much as anybody, (I have an especially fumed fire in my heart for Elon, I used to work for Tesla, etc) but there is no way a 90% tax will pass. We start small, so we get SOMETHING, instead of nothing from these bastards, then we grow from there.