And these billionaires could still buy a second house in Cabo with a helipad using what is remaining
Important to remember just how much a billion dollars is. Even a billionaire who has only $500m after giving away half would be able to buy a dozen of those properties. A multi-billionaire could potentially buy hundreds of similar properties with money left over. A billion dollars is a TREMENDOUS amount of money.
It’s SPY with volume. Very standard chart for probably the biggest ETF tracking the S&P.
All of those are overhead-riddled runarounds that could be avoided entirely by the state simply allocating the tax dollars it’s already collected in a different manner, which ought to be well within its capability to do.
Are you saying that problems could be fixed simply by better allocating existing taxes? That’s what it sounds like. Tax revenue collected from gasoline sales is bound to drop as less and less ICE vehicles are used. Something will have to compensate for that drop.
Are large EVs actually worse for the environment compared to an equivalent sized ICE vehicle? I find that hard to believe.
Which is how much?
Doesn’t want to jeopardize her payday after her term ends.
Services can still cost money. Utilities, such as water, cost money but if the government is running them they do not need to produce profit.
Republicans framing the postal service as a failed business venture is purposeful.
What are they planning on doing with that many eggs? I wonder if it’s a customer or maybe a competitor.
The Postal Service is a service.
Expecting Republicans to do the ethical thing while requiring them to oppose their party is foolish. They are party over country.
These rich people, having billions at their command, are set for like twenty lifetimes over.
I get your point and hate to be overly pedantic but even a billionaire with “only” one billion dollars, using the most conservative investment strategy would literally have enough money for 200 people to earn $200,000/year forever.
So exciting to witness this historic occasion.
Stop demonizing your neighbor. Demonize the 1%.
That income range still very much encompasses “normal” people who already pay a large share of income taxes.
Tax the super rich (both income and wealth), and redistribute that money via healthcare, education and social programs like UBI.
Shocked Ferrari is worth more than Volkswagen. I wonder how much of that is F1-related.
Ok let me ask my two year old what he thinks. He responds very well to reason.
having a kid who doesn’t want to ever get rid of any of her old toys
Do it for her then. I purge and donate my child’s toys every couple of months. It would be chaos otherwise.
There’s no proof. Yet.
I mean… it does seem pretty fair? If the jury is hung it’s up to the state to retry. If the jury comes back not guilty then that’s the end of it.
No.