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It's interesting but at the same time I think some points miss their mark like : > The wealth of America’s billionaires was estimated at around $5.2 trillion i
by Timshel 2y ago
It's interesting but at the same time I think some points miss their mark like :
> The wealth of America’s billionaires was estimated at around $5.2 trillion in 2023, while federal government spending was about $6.4 trillion. Confiscating every last penny from Jeff Bezos, Elon Musk, and all the other billionaires wouldn’t fund the U.S. government for one year. And of course you could only do it once.
Ok so just 750 persons can replace all form of taxation in the USA that's incredible. It's not like just replacing taxes from all 330m persons but all the companies too ...
And the USA budget is not the most efficient per capita (something around 20k ?), if you do the same for France you are closer to 6k.