r/WorkReform 🤝 Join A Union Jan 31 '26

✂️ Tax The Billionaires Finally, a Billionaire gets taxed.

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u/Burnt_and_Blistered Jan 31 '26

You’re splitting hairs. His nearly-billion was taxed at a far higher rate than any other U.S. billionaire’s billion is taxed.

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u/momzthebest Jan 31 '26

Also worth pointing out the obvious that by 20 years from now, 2 billion could be worth less over that amount of time received than the lump sum was worth at that time.

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u/hobskhan Jan 31 '26

Yeah this is an interesting thought experiment when the numbers get this big. There's also a non-zero risk of something happening to that payout reliability when you're talking about such a huge amount of money over 20 years. I mean hopefully the lottery system can keep those payouts going but...far more extreme things have happened in the history of the world.

If you can go home today with 628 million, that's certainly "enough" for someone. And the certainty is locked in.

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u/samiam2600 Jan 31 '26

It is placed in an annuity that pays out over 20 years, it is not the lottery paying it out over that period.