Every day we're here just to learn billionaires & families should be crushed and their wealth redistributed amongst third world countries.

If anyone is asking how do we pay to solve the climate crisis. I think its pretty clear who should be paying.

So fucking sick of billionaires

The US subsidizes fossil fuels to the tune of 600B per year. You pay for pollution with your taxes.

We need a 95% tax bracket for anyone that makes more than a few million/year.

TL;DR: one doesn't become rich by respecting others.

Anyone else just feel like we should eat the rich?

There's a steep cliff between the 95% and the .01%. I wonder what proportion is just the .01

The picture they paint in this article, of the ultra rich with their private jets and yachts, does not align with the statistic presented in the title.

the wealthiest 10% in the US, households making more than about $178,000

I'm sure many of you know people in this group. Two adults each making 90k a year is enough to break into the 10%. And clearly they're not flying around in private jets.

Got it. Eating the rich for protecting humanity by protecting the climate.

40% seems low.

CO² tax on oil and fuel production i say.

As much as I understand the hate towards rich people governments are just as much at fault for subsidising, directly funding and giving land to those companies in the first place for people to be able to make money off them.

They may as well be polluting methane gas because they're so full of shit

A long time ago, this kind of reckless excess moved the French to remove the top 10% of their ruling class' bodies.

but because of the fossil fuels generated by the companies they invest their money in.

Lemme go ahead and roll my eyes here. Yes, American Airlines produces a significant percentage of the world's greenhouse emissions. But they burn that fuel for the passengers, not just for the benefit of shareholders. Same with ExxonMobil, BP, etc.

Consumption is what drives pollution. Investments to profit off of that consumption is secondary.

This is the best summary I could come up with:

America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.

That gave a carbon footprint for each dollar of economic activity in the US, which the researchers linked to households using population survey data that showed the industries people work for and their income from wages and investments.

The report also identified “super-emitters.” They are almost exclusively among the wealthiest top 0.1% of Americans, concentrated in industries such as finance, insurance and mining, and produce around 3,000 tons of carbon pollution a year.

Kimberly Nicholas, associate professor of sustainability science at Lund University in Sweden, who was not involved in the report, said the study helps reveal how closely income, especially from investments, is tied to planet-heating pollution.

Sometimes when people talk about ways to tackle the climate crisis, they bring up population control, said Mark Paul, a political economist at Rutgers University who was also not involved in the study.

Globally, the planet-heating pollution produced by billionaires is a million times higher than the average person outside the world’s wealthiest 10%, according to a report last year from the nonprofit Oxfam.

I'm a bot and I'm open source!

Wait, how is that possible when China is responsible for 50% of the carbon emissions? This doesn’t add up.