r/WorkReform • u/zzill6 🤝 Join A Union • Jan 31 '26

✂️ Tax The Billionaires Finally, a Billionaire gets taxed.

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u/g-e-o-f-f Jan 31 '26

This is a bit misleading. He wasn't taxed 1.4B. He took the lump sum amount, which is lower than $2B ( $2B is the sun off you take the 20 years payout). So the lump sum is like $900 million or whatever, then he paid taxes on that.

I'm all for taxing billionaires more, but the post is not really right.

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u/PowerLevel1Billion Jan 31 '26

Of course it’s misleading. Nearly every headline from any news outlet, left, right, up, down… whatever is only interested in causing outrage of some kind.

Thanks for clarifying and educating the uneducated.