<![CDATA[Midway through, there's a section where they bust 3 myths about taxing billionaires.]]>Midway through, there's a section where they bust 3 myths about taxing billionaires.

Luckily I'd just watched this video one day before getting into a wealth tax discussion with a youngish white guy who trotted out, "Actually the top earners in this country pay most of the taxes already," so I was able to reply, "From what I've read, that may be true for like the top 10-15%, but not the billionaires. A wealth tax for them would be a rounding error. Why is it important to protect them when that money could help ordinary folks who are having trouble making ends meet?"

How to Stop the Billionaire Takeover | Gabriel Zucman on the Wealth Tax & Prop 40
https://m.youtube.com/watch?v=gk9pDTI_uak

]]>https://forum.fedi.dk/topic/96565eaa-9cda-47d8-ac19-52d34d97ba39/midway-through-there-s-a-section-where-they-bust-3-myths-about-taxing-billionaires.RSS for NodeWed, 04 Nov 2026 09:09:04 GMTWed, 28 Oct 2026 21:35:57 GMT60<![CDATA[Reply to Midway through, there's a section where they bust 3 myths about taxing billionaires. on Wed, 28 Oct 2026 22:03:58 GMT]]>@copharynx Also, lest we forget, aiming taxes directly at the wealthiest is not just about tax revenue - historically it's explicitly a way of making them less rich so they cause less trouble in society.

We don't have to pussyfoot around this; billionaire taxation IS about taking a good chunk of their money away from them. We don't have to apologize for prioritizing the best interest of everyone else above their avarice.

]]>https://forum.fedi.dk/post/https://helvede.net/users/jwcph/statuses/117520796109166389https://forum.fedi.dk/post/https://helvede.net/users/jwcph/statuses/117520796109166389Wed, 28 Oct 2026 22:03:58 GMT