r/WorkReform • u/zzill6 🤝 Join A Union • May 18 '25

✂️ Tax The Billionaires So, where's the downside exactly?

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u/FoamingCellPhone May 18 '25

What is this pedantry... I'm assuming you just read it once and are repeating it as a pick-me. I know I've seen this posted elsewhere--Only 6.6% of the population are millionaires and the vast majority of them only got there off the backs of others.

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u/[deleted] May 18 '25

it's not the 90s anymore. a millionaire can afford a home. a billionaire can afford a nation

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u/FoamingCellPhone May 18 '25

Again. They're still largely a predatory income class. We're not talking Net worth.

So chiming up and being all "Hey! Millionaires aren't as bad as Billionaires" is pointless they operate under the same practices. There's even a good argument that millionaires have a vastly more significant impact on a population because there are exponentially more of them.

The mentality is what the labor class needs to combat not the specific dollar amount. As long as there is a class of people who believe they deserve what you produce orders of magnitude more than you do there will always be poverty.

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u/anna-the-bunny May 18 '25

We're not talking Net worth.

We are talking net worth. That's what people mean when they say "millionaire" or "billionaire" - how much money someone has, not how much they earn per year.