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2024-12-30 03:02:24 UTC

955_36 on Nostr: Read an article that mentioned there are around 750 billionaires in the U.S. That got ...

Read an article that mentioned there are around 750 billionaires in the U.S. That got me thinking and I did some math. Using a list from Forbes, if we passed a law that that made it illegal to be a multi-billionaire, 600 people would have to forfeit their vulgar excess to a collective total of 5.8 trillion dollars. And still, each and everyone of them would have more money than they could spend.

A billionaire can spend $100K a day just from interest at 4%.

With $5.8B we could distribute $8.9M to every homeless person in America.

So yeah, taxing the rich could solve our homeless problem.

#EatTheRich