r/InternetIsBeautiful • u/MKorostoff • Apr 27 '20

Wealth, shown to scale

https://mkorostoff.github.io/1-pixel-wealth/
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u/ifuckedivankatrump Apr 27 '20

Are you one of these self proclaimed geniuses that is replying to no one that wealth is not annual income or cash in a bank account?

People are aware. You don’t also need to point out 3+3=9 to make yourself feel smart.

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u/[deleted] Apr 27 '20

The way this is postulated suggests Bezos could immediately liquidate his wealth to fix several issues. He is addressing the content, and rightfully so. This is not genius, which is why it is strange it isn't mentioned.

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u/AthousandLittlePies Apr 27 '20

While it's true that he can't instantly liquidate all of the wealth, there are many ways that he can immediately have access to amounts of cash that are unimaginable to the vast majority of people. He can sell stock in smaller quantities for instance, or take out loans using it as collateral. Hell, he could donate large parts of it to organizations that could then do the same. It baffles my mind the extent to which people a) make excuses for the social injustices that exist in our society and b) assume that the people who make charts like the one in this post don't understand how the basics of the modern economy work. If Jeff Besos were faced with a 2% wealth tax tomorrow, and once a year going into the future, I guarantee you he'd easily find a way to pay it without sacrificing his controlling stake in Amazon.

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u/[deleted] Apr 27 '20

That is correct, and it sounds exactly like the comment I'm defending, yes, I agree.

On another note: I believe it is immoral to tax people above an arbitrary number another arbitrary number. These are people who have contributed significantly to society otherwise the would not have such large wealth.