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A comment on Millionaires call for an emergency tax on billionaires. Parent comment

Re:Millionaires call for an emergency tax on billionaires by ksec on Friday August 13, 2021 @11:16AM (#28169940)
Most basic needs are or could be met already. Apart from Housing / Shelter. Which some how no government plans to tackle because the world economy is quite literally built or based on land and property prices. Even talks about UBI completely neglect housing prices.

Which I came to the sad conclusion, those that understand housing wont talk about it, those that dont understand will never talk about it.

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Re:Millionaires call for an emergency tax on billionaires by sp332 on Friday August 13, 2021 @11:23AM (#28170052)
A single child-tax-credit payment decreased the number of families with children who were having trouble affording food by 3%. https://www.census.gov/library/stories/2021/08/economic-hard... There's room for improvement.
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Re:Millionaires call for an emergency tax on billionaires by hindsightbias on Friday August 13, 2021 @11:27AM (#28170106)
~700M people live in extreme poverty today (<$2 a day) while there is more than $12 trillion in 401k and IRAs.

Homes are a luxury.

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Re:Millionaires call for an emergency tax on billionaires by ksec on Friday August 13, 2021 @03:51PM (#28173708)
We were on course to completely eradicate extreme poverty by 2030 if it wasn't for COVID. But then I would argue even today most of the extreme poverty are partly a results of politics in their region.
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Re:Millionaires call for an emergency tax on billionaires by ben_w on Friday August 13, 2021 @11:37AM (#28170283)
That number has been trending downwards for ages even though we’re not capping income: https://ourworldindata.org/grapher/distribution-of-populatio...
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