@jeffwM to News • 8 months agoUS Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaultruthout.orgexternal-linkmessage-square136arrow-up1847arrow-down113cross-posted to: newsshockingnews
arrow-up1834arrow-down1external-linkUS Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaultruthout.org@jeffwM to News • 8 months agomessage-square136cross-posted to: newsshockingnews
minus-square@Jimmyeatsausagelink10•8 months ago0.1% of a billion dollars is still 10m. Since we’re on track to see our first trillionaires soon, I’d argue we need a 100% tax bracket as well. 0.1% of a trillion is 10 billion.
minus-square@[email protected]linkfedilink7•8 months ago 0.1% of a billion dollars is still 10m. It’s 1m.
minus-square@KittyCatlink2•8 months agoWouldn’t matter, 99.9 is enough to trash these fortunes within a few years.
0.1% of a billion dollars is still 10m. Since we’re on track to see our first trillionaires soon, I’d argue we need a 100% tax bracket as well. 0.1% of a trillion is 10 billion.
It’s 1m.
You’re correct, I multiplied by .01 instead of .001.
Wouldn’t matter, 99.9 is enough to trash these fortunes within a few years.