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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Equinox1289 8 points 2 days ago

Shareholder primacy is fundementally broken. We must tie ownership back to the direct stakeholder of each firm. Shareholders dont care about goods, services, or utilies; they only care about line go up.

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LodeMike -1 points 2 days ago

What the heck is a stakeholder??

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psycholocomotor 1 point a day ago

Vlad Dracula Tsepesh

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workreform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

  • All workers must be paid a living wage for their labor.
  • Income inequality is the main cause of lower living standards.
  • Workers must join together and fight back for what is rightfully theirs.
  • We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

  • Higher wages for underpaid workers.
  • Better worker representation, including but not limited to unions.
  • Better and fewer working hours.
  • Stimulating a massive wave of worker organizing in the United States and beyond.
  • Organizing and supporting political causes and campaigns that put workers first.

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