General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsChange in net worth, March 2020 to March 2021
Bezos: +$58B
Page: +$33B
Brin: +$32B
Zuck: +$29B
Ellison: +$28B
Gates: +$24B
Ballmer: +$23B
Dell: +$18B
Meanwhile, millions of Americans are struggling to pay the bills.
It's a tale of two pandemics.
Link to tweet
regnaD kciN
(26,044 posts)...not to mention PUNISHING SUCCESS!!!
a kennedy
(29,615 posts)This is just insane to me........HOW DAMN MUCH MONEY IS ENOUGH????
WarGamer
(12,343 posts)Almost like politicians are afraid of taxing the rich.
5% One-Time Wealth Tax NOW and 1% annually forever... that's a start.
progressoid
(49,944 posts)aggiesal
(8,907 posts)Just one more dollar.
czarjak
(11,253 posts)keithbvadu2
(36,653 posts)Don't forget...
They also need more tax breaks and estate tax repeal.
Duppers
(28,117 posts)WarGamer
(12,343 posts)Where did that 373 Billion COME FROM to end up in their pockets?
Think about it.
Celerity
(43,087 posts)TexasBushwhacker
(20,137 posts)I love Robert Reich, and I certainly believe we need a wealth tax, but this is a bit misleading.
WarGamer
(12,343 posts)When a person deposits to their 401k each year... and the Employer matches...
Money goes into the pocket of Zuckerberg, Musk, Bezos and Gates.
Billionaires are the owners of the Casino. The House always wins and takes their cut.
WarGamer
(12,343 posts)Of course it came from the increase in the Stock Market.
That means people bought stock.
So... the Billionaires used money from the Middle Class to amass more wealth.
Make $60k/yr and your Employer cash matches your 401k? You just gave money to Jeff Bezos or Mark Zuckerberg.
Tommymac
(7,263 posts)BobTheSubgenius
(11,559 posts)It's almost f'ing criminal! For example, Musk's one-year tincrease in wealth, according to that list, is the equivalent of the average American income for roughly 30,000 years.
That's a hell of a year.