So….can we tax these grifters yet? It is so absurd that this is our reality when we have a million homeless in the US alone.
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Adding this because the comments need to be very long to not get deleted. This is pretty annoying. I wonder how long the commens need to be…..hmmmm.
ICLazeru on
Much of this wealth isn’t liquid, and a great deal of it will evaporate if the AI bubble bursts.
What’s more interesting though is how concentrated the wealth gain is.
Paulinfresno on
With the accumulation of wealth at the top proceeding apace, the K shaped economy, and the growing anxiety and misery of the middle and lower classes, the wisdom of a tax cut that accelerates this trend seems questionable.
ktaktb on
I recognize Louis XIV with the facial hair.
Obviously that is trump and musk.
The fourth one…is that palpatine?
Would be really nice to see some academic, theory, models, studies on the impacts of inequality on long run growth or overall quality of life rather than shock value articles on the same shitty billionaires.
Anyone that doesnt suffer from mental illness knows these people are garbage and a detriment to society, stability, growth, sanity, freedom, etc.
Dont post this though, post the economic concepts that prove this! The stuff that helps describe how bad this is in intelligent ways. This article has been served up to me in every single other sub.
spaceporter on
More than just the total dollar value gained by individuals who could already finance seven generations of super wealthy progeny, the amount of it in private corporations deserves scrutiny. These are businesses that have very little disclosure requirements, especially if they are incorporated in Delaware (and many are, even if only nominally American) and do not show any profit.
5 Comments
So….can we tax these grifters yet? It is so absurd that this is our reality when we have a million homeless in the US alone.
=======
Adding this because the comments need to be very long to not get deleted. This is pretty annoying. I wonder how long the commens need to be…..hmmmm.
Much of this wealth isn’t liquid, and a great deal of it will evaporate if the AI bubble bursts.
What’s more interesting though is how concentrated the wealth gain is.
With the accumulation of wealth at the top proceeding apace, the K shaped economy, and the growing anxiety and misery of the middle and lower classes, the wisdom of a tax cut that accelerates this trend seems questionable.
I recognize Louis XIV with the facial hair.
Obviously that is trump and musk.
The fourth one…is that palpatine?
Would be really nice to see some academic, theory, models, studies on the impacts of inequality on long run growth or overall quality of life rather than shock value articles on the same shitty billionaires.
Anyone that doesnt suffer from mental illness knows these people are garbage and a detriment to society, stability, growth, sanity, freedom, etc.
Dont post this though, post the economic concepts that prove this! The stuff that helps describe how bad this is in intelligent ways. This article has been served up to me in every single other sub.
More than just the total dollar value gained by individuals who could already finance seven generations of super wealthy progeny, the amount of it in private corporations deserves scrutiny. These are businesses that have very little disclosure requirements, especially if they are incorporated in Delaware (and many are, even if only nominally American) and do not show any profit.