723
Oh how will they survive
(lemmy.world)
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
Of course, in the wrong thread you get branded as some billionaire defender, when you are trying to explain that it's fine to go after them and they do enjoy having way too much actual money, but any strategy to make it fair has to be smart and workable rather than going after an extrapolated number of dollars that don't "actually" exist. It's true that it's all imaginary is an oversimplification when they clearly lead lives of intense wealth, but have to recognize the degree to which that claim is true. So take that into consideration and advocate things like covering unrealized gains as collateral in a better tax system, or a property tax level rate on unrealized gains (though even then, have to tread carefully. Most property has an intrinsic use and the tax burden has been priced into the market for eternity, for a more purely financial vehicle previously not subject to a tax, might have unintended consequences).
Yup, this meme keeps getting reposted over and over like its something super intelligent...when in reality it's someone who has no clue how our economy works at all.
Well, as presented it's not totally out of reason, it sticks to a fairly modest percentage.
The real problem comes in when the pitchforks say '2%?!?!, it should be like 90%!!!!'
Yep that's the issue. People don't realize that they have to sell stocks which in turn is going to have a completely destructive action on people's retirements, when the stock market goes tits up from stocks being sold in mass quantities to cover a 90%