There’s no way these numbers are real, right? I’m absolutely in favor of a wealth tax and the DSA in general; but it can’t possibly add $355,000 in value to each family
That’s the thing about wealth inequality numbers: they are so incomprehensibly large that you need Carl Sagan to explain them to you.
For instance:
Imagine a Cosmic Financial Calendar, where all the money in the planet is distributed along the calendar the same way it is distributed among the population. By June 1st, you would have seen 50% of the wealth, but to start seeing the top 32.5% of the wealth, you’d have to wait until December 28th at 8:22 am.
I just wish bellbottoms and turtlenecks would come back into style.
[Edit: I’ll stand by the 12/28 claim, but I think the June 1st doesn’t make a lot of sense.]
Yeah; I guess you’re right. It feels crazy that a wealth tax on a small number of families could net each family $35k per year in value. But I guess that’s a testament to the degree of wealth inequality we have
There’s no way these numbers are real, right? I’m absolutely in favor of a wealth tax and the DSA in general; but it can’t possibly add $355,000 in value to each family
That’s the thing about wealth inequality numbers: they are so incomprehensibly large that you need Carl Sagan to explain them to you.
For instance:
Imagine a Cosmic Financial Calendar, where all the money in the planet is distributed along the calendar the same way it is distributed among the population. By June 1st, you would have seen 50% of the wealth, but to start seeing the top 32.5% of the wealth, you’d have to wait until December 28th at 8:22 am.
I just wish bellbottoms and turtlenecks would come back into style.
[Edit: I’ll stand by the 12/28 claim, but I think the June 1st doesn’t make a lot of sense.]
Yeah; I guess you’re right. It feels crazy that a wealth tax on a small number of families could net each family $35k per year in value. But I guess that’s a testament to the degree of wealth inequality we have
$355,000 per family over a ten-year period.
Still good
The site isn’t saying it will “add”, its saying it will “cost”…
For a start, that is over 10 years, so annually it’s a tenth of that (according to the site’s lies)