82,021 years from 80,000 BC is 2022, not 2021. There is no year 0, so you "gain one" going directly from year -1 to year 1.
this post was submitted on 27 May 2026
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If you had gotten $10,000 just once 80000 years ago and invested it into a low-risk fund with a 0.5% profit, you would have approx $5.6 * 10^177^. Which is about $5.6 * 100^165^ more wealth than Elon Musk has.
INVEST. YOUR. FUCKING. MONEY.
We are so far past "taxing" them. They need to be stripped of their wealth completely, not lose some extra 5% on the next haul.
You can tax their existing wealth. For example an annual tax for the average wealth you held for the past year for people whose wealth exceeds a total 250 million in all assets
At this point we need to tax their wealth at a rate of like 90% or higher. Any laws that pass with the word "tax" in it is not going to go close to that number. We need to use harsher vocabulary and treat it as the crime it is imo.
Agreed. From ~1930 to the mid 60s, we were taxing almost everything over a certain amount (90+ %). In addition, corporate tax rates were significantly higher.
Besides the point really, we need a plutocrat tax/wealth tax, not income tax reform. It's one of the few direct methods to redistribute the wealth theyve extracted from the 99% and decrease inequality.
Tax wealth, not workers!
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I say kill them, especially the billionaires who are also chuds, then tax the surviving billionaires
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Elon musk would be in jail and broke by now if the SEC could do its job
But that would hurt the earnings of the mega wealthy, clearly can never be allowed to happen.
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Some clarification. Those billionnaires don't have that much money. It's the "valuation" of their assets, so it's even more fictional than actual money. Which means they can practically set to anything with enough hype, and not pay any tax, but can convert some (only some) of that fictional money to real money by getting a bank loan against it, again, tax free.
What I'm saying is, we need to get those funny number back to ground truth. Melon wants SpaceX valued at 1.25 Tn or something. Let him pay taxes over those valuations and see how valuable they really are. After all, anyone with a 800bn company should be able to afford some taxes on them, right? So fucking tax them.
You can’t tax valuation
Tell that to the property taxes I pay on my house every year. They manage to define a value even though I’m not selling and it’s still an “unrealized gain”.
That's right, homeowners pay on unrealized gains, but not Sociopathic Oligarchs. We should flip that.
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“You can’t tax valuation”
Fine, the government gets 40% of your share options.
“You can’t tax valuation”
Yes you can. Capitalism just doesn't want you.
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If they can tax your house based on its current valuation, they can sure tax their stocks based on their current fucking valuations.
Excuse my French, they are not my native language.
Nor are English.
I pay increased taxes because my property goes up in value, even if I don't sell. Same should apply to shares (to be fair there should also be tax credits when shares fall).
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We are beyond tax, burn the fuckers at the stake
Confiscate his wealth, and nationalize his companies. We paid for them, after all, they're ours. They can be operated at the benefit of the citizens.
It is the ethical thing to do to execute these fuckasses. Laws be damned. They wrote them and could kill any one of us and face no repercussions. A one sided social contract is just a prison. You have nothing to lose but your chains
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But it's not real money! 😭👅💦🥾
If you were immortal and couldn't figure out increasing value assets or compound interest after a few thousand years of watching other people do it, you deserve to be poorer than Elon. Even vampires figure it out after a couple hundred years.
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