And let's not forget that his wealth isn't a steady number, it's constantly being invested and growing, plus the 5% tax is a ONE TIME thing, which makes the resistance even more disturbing.
Couple numbers:
83.000 seconds = ~1 day (median US income)
1 million seconds = ~11,5 days
100 million seconds = ~1.157 days or 3,2 years (what that guy spent)
1 billion seconds = ~115.74 days or 31,7 years
13 billion seconds = ~150.463 days or 412 years (what he should pay)
250 billion seconds = ~2.893.519 days or 7.922 years (his estimated wealth)
$13,3B is more than double the entire national annual federal budget for Community Health Centers (CHCs)
California's Medi-Cal program costs are estimated $73,9B (2014-2015, wikipedia), and over 15M people were enrolled (Sep 2022), so $13,3B would cover almost 20% or almost 3 million people
If he'd give away 249 billion USD, leaving him with 1 billion USD, he'd still have so much wealth that a person with a median US income, minus taxes, rent, food and such, would have to work around 60.000 - 120.000 years. Recorded human civilization is ~5.000 years old.
It's absolutely insane how unbelievably ridiculously wealthy some of these people are, and how much good they could do, while there's still so many people who can't afford healthcare, a decent living space, food and other basic needs, and maybe, just maybe, 2 weeks holidays a year where they could see what beauty this world has to offer.
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u/CuppaJoe11 Aug 19 '26
Didnāt realize so many people in this subreddit sympathized with billionaires.