Re:Problems with relying on billionaires to save us
by lamontcg on Wednesday October 13, 2021 @06:54PM
(#28858590)
Taxing billionaires out of existence isn't about solving funding problems, it is about muzzling their ability to throw their wealth at politics and distort democracy.
> which would absolutely wreck the economy as well as that wealth, since much of that their wealth is tied up in stocks
Yet somehow Mackenzie Scott is divesting billions and not crashing the economy.
And you just got done saying how they don't actually have that much, yet if they sold it all its so huge it would tank the economy. That is a case of Schroedinger's equity.
> which would absolutely wreck the economy as well as that wealth, since much of that their wealth is tied up in stocks
Yet somehow Mackenzie Scott is divesting billions and not crashing the economy.
And you just got done saying how they don't actually have that much, yet if they sold it all its so huge it would tank the economy. That is a case of Schroedinger's equity.