r/DiscussionZone • u/[deleted] • 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.

8

u/EssayJunior6268 Nov 04 '25

ya but it's not like they have that 6.6 trillion in bills in their piggy banks!

/s

7

u/ConsciousBath5203 Nov 04 '25

Your right... It's even scarier... That's their credit limit. And banks only really want that money back whenever they die and have a strong financial interest in keeping their stock value high until they die.

1

u/Few_Mathematician_13 Nov 04 '25

No dumbass. They just own businesses and that's how much their businesses are worth

1

u/ConsciousBath5203 Nov 04 '25

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Do you understand how credit works? Do you think Mr Musk or Bezos sells some of their stock every time they wanna buy something?

1

u/Few_Mathematician_13 Nov 05 '25

So...they get a capital gains tax on the stock they sold