@jeffw@lemmy.worldM to News@lemmy.world • 6 months agoUS Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaultruthout.orgexternal-linkmessage-square136fedilinkarrow-up1846arrow-down113cross-posted to: news@lemmy.world
arrow-up1833arrow-down1external-linkUS Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaultruthout.org@jeffw@lemmy.worldM to News@lemmy.world • 6 months agomessage-square136fedilinkcross-posted to: news@lemmy.world
minus-square@Jimmyeatsausage@lemmy.worldlinkfedilink10•6 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@bartolomeo@suppo.filinkfedilink7•6 months ago 0.1% of a billion dollars is still 10m. It’s 1m.
minus-square@Jimmyeatsausage@lemmy.worldlinkfedilink1•6 months agoYou’re correct, I multiplied by .01 instead of .001.
minus-square@KittyCat@lemmy.worldlinkfedilink2•6 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.