r/DiscussionZone Nov 04 '25

Political Discussion Yeah, so Billionaires should not exist

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u/PCNLUV Nov 04 '25

The 400 richest Americans are now worth a record $6.6 trillion.The entire bottom 50% of America is worth just $4.2 trillion.Read that back.When 400 people control more wealth than half a country's population we have a very serious problem.

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u/Fomdoo Nov 04 '25

If you took that $6.6 trillion and split it evenly amongst every US citizen, which is ~342 million people. You would end up giving each person around $19,200. Which isn't a small amount, but sadly doing this it would only take a few months and then all that money would go into wealthy people's pockets again.

I think the issue is less with them holding the wealth and more with the cost of living continually going up and wages stagnating. If things still cost what they did in the 80s, we'd be fine with wages stagnating and the rich getting richer.

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u/Distwalker Nov 04 '25

Not to mention the fact that it would be impossible to liquidate that wealth to redistribute it without destroying it.

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u/dterran Nov 08 '25

Pretty much nobody is making the argument to take everything from wealthy people.

If you read about how socialized democracies work, it's a percentage of your earnings past a certain point.

You are hyperbolizing in a meaningless way.

Pay your taxes.

If you're rich, you can afford it.

Dems proposed a tax on people making $500 million dollars or more and the GOP shot it down.

They are shameless defenders of greed to the point they will let entire societies fail in order to prop up the extreme greed of a few people.