sanitation@lemmy.today to politics @lemmy.world · 9 days agoTrillionaire Elon Musk's Destruction of USAID Takes Food Aid From Millions Facing Deadly Hungerwww.commondreams.orgexternal-linkmessage-square48linkfedilinkarrow-up1434cross-posted to: world@lemmy.world
arrow-up1434external-linkTrillionaire Elon Musk's Destruction of USAID Takes Food Aid From Millions Facing Deadly Hungerwww.commondreams.orgsanitation@lemmy.today to politics @lemmy.world · 9 days agomessage-square48linkfedilinkcross-posted to: world@lemmy.world
minus-squareartyom@piefed.sociallinkfedilinkEnglisharrow-up2·9 days agoDepends on what you mean by “wealth like that”. A 10% tax on everything he owns would be like 50% of his personal wealth. But yeah, we can definitely do better than 0%…
minus-squarefatcat@discuss.tchncs.delinkfedilinkEnglisharrow-up3·9 days agoRead that comment about three times and can’t figure out if that’s meant to be a bad thing? 50% of his personal wealth would leave still leave a absurdly huge sum of money.
minus-squareBuffalox@lemmy.worldlinkfedilinkarrow-up1·edit-28 days ago 10% tax on everything he owns would be like 50% of his personal wealth. That doesn’t make any sense? 10% tax on all he owns is 10% of his personal wealth. Obviously all he owns = His personal wealth. But yeah, we can definitely do better than 0% Definitely, 1% should be a no-brainer, 2% would be better. 😀
minus-squareartyom@piefed.sociallinkfedilinkEnglisharrow-up1·8 days ago That doesn’t make any sense? 10% tax on all he owns is 10% of his personal wealth. Personal wealth does not include investments and assets. That’s net worth.
minus-squarewatson@sopuli.xyzlinkfedilinkarrow-up1·7 days agoIt should include them. That seems to be part of the problem.
Depends on what you mean by “wealth like that”. A 10% tax on everything he owns would be like 50% of his personal wealth.
But yeah, we can definitely do better than 0%…
Read that comment about three times and can’t figure out if that’s meant to be a bad thing? 50% of his personal wealth would leave still leave a absurdly huge sum of money.
I mean that’s just 1 year.
That doesn’t make any sense? 10% tax on all he owns is 10% of his personal wealth.
Obviously all he owns = His personal wealth.
Definitely, 1% should be a no-brainer, 2% would be better. 😀
Personal wealth does not include investments and assets. That’s net worth.
It should include them. That seems to be part of the problem.