• piccolo@sh.itjust.worksEnglish
    81·
    2 months ago

    Ok… if i give up my phone, i feed a family for a week. If bezo gives up a yacht, he feeds 1,000 familes for life. See the problem here?

    • Lauchs@lemmy.worldEnglish
      24·
      2 months ago

      Except there are many more non billionaires than billionaires. There are some 750ish billionaires in the US.

      Median American has a net worth of about 200k. So, 5,000 median Americans gets you about a billion.

      Divide the American population (~333 million) and lo and behold, worth about 66,666 billionaires.

      So, in other words, blaming billionaires is easy but really…

      • piccolo@sh.itjust.worksEnglish
        41·
        2 months ago

        Yes, which is why step taxation was implemented… the richer you are the more you’re expected to return back to society.

        • Lauchs@lemmy.worldEnglish
          13·
          2 months ago

          Yes and the billionaires, while still having loopholes, still give back way more to society than we do.

          Unsure what point you’re trying to make.

            • Lauchs@lemmy.worldEnglish
              1·
              2 months ago

              There are many more non billionaires than billionaires. There are some 750ish billionaires in the US.

              Median American has a net worth of about 200k. So, 5,000 median Americans gets you about a billion.

              Divide the American population (~333 million) and lo and behold, worth about 66,666 billionaires.

              So, in other words, blaming billionaires is easy but really…