A one-time 5% wealth tax would bring Silicon Valley’s billionaires’ wealth back to where it was just 31 days ago

3 days ago by livligkinkajou to c/workreform

A one-time 5% wealth tax would bring Silicon Valley’s billionaires’ wealth back to where it was just 31 days ago, on September 7.

When it was "just" 178% higher than on January 1, 2023.

They’d rather let 3 million people lose their health insurance than let that happen.

Graph here: https://cabillionairetracker.org/

Rather than paying their fair share of taxes, Sergey Brin, Pether Thiel, and Patrick Collison prefer to spend tens of millions to manipulate the vote.

Stupefying levels of greed and lack of civil-mindedness.

$45 million in a week: California’s wealthy aren’t holding back to try to stop ‘billionaire tax’

All credits to Gabriel Zucman

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lagg_mine 8 points 3 days ago

Great message, but that graph is horrible...

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givesomefucks 5 points 3 days ago

The Y axis starts at zero at least...

But yeah, not having consistent dots on the X axis fucks it up.

They should have started with Dec 2025 when they had more frequent data and left the rest off.

That's why it looks so off. Whoever made it was just trying to do too much, but as far as graphs that get posted on social media, sadly this is a pretty good one.

It's a very low bar

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Janx 3 points 3 days ago

I'm confused. It's not perfect, but it does have consistent dots for the X axis, every year.

And yeah, they could have started with Dec 2025 and left the rest off... but part of the point of the graph is showing how billionaires have almost tripled their wealth since 2022, at the expense of everyone else.

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