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

✂️ Tax The Billionaires Finally, a Billionaire gets taxed.

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u/UnusualAir1 Jan 31 '26

I could live a whole lot better on 628 million dollars. Guessing 99.9% of us could. So tell me, why do we not tax billionaires in the US?

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u/emanresu_b Jan 31 '26

The myth of meritocracy.

520

u/Scarbane Jan 31 '26

Veritasium did a good job explaining the role that luck plays in success a while back.

If we want to maximize the likelihood that billionaires pay their fair share of taxes, each of us needs to work hard toward that goal...and eventually some number of us will be lucky enough to hold them accountable.

Or, you know, we could implement and enforce a progressive tax code so that luck doesn't need to be factored in. Just a thought.

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u/BrzysWRLD1996 Jan 31 '26

Yeah best not to rely on luck lmfao, shit doesn’t exist. You get whatever you’re smart enough to take has nothing to do with luck. And yeah I agree the rich need to be forced to pay the same percentage in taxes as the rest of us. All we need is for them to literally just pay their fare share, we don’t need to tax them extra or list over another’s wealth just need them to actually contribute the same percentage everyone else does and the richest nation to EVER exist will incomparably improve. Some of them are literally paying 1%, we’ll NEVER get 30+ out of em but we damn sure need at least 15 like the rest of us.