this post was submitted on 20 May 2026
418 points (99.3% liked)
Just billionaire things
245 readers
269 users here now
Post things your (least) fav billionaire does.
This used to be the Elon Musk sub, but in an attempt to boost engagement, we have engaged a new pathway.
You can post anything related to billionaires here.
Tags: Tesla, paypal, spaceX, neuralink, The Boring Company.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
taxes for lower salary workers is to high becuase we do not collect enough on wealth. At this point to much wealth does not come from work but if we taxed all income regardless of source then it should be 0% until about 100k and then 5% until 200k and 10% until 400k and 15% until 700k and 20% until 1 mil and 25% until 2mil and 30% until 10mil and 35% until 20mil and 40% until 40 mil and 45% until 100mil and 50% for everything over that. Its so rediculous what we don't tax at all and when we do tax the highest has been hovering around 30% since we started having growing debt again. Then to boot the highest rate stars in the very lowest end of the six figures and never goes up more. its crazy.
We should honestly just have a $10 million wealth cap. Enough money that you would never have to work again, and could afford a kick-ass lifestyle for the rest of your life. Every cent above that gets invested in the community, instead of wasting money on mega yachts or whatever.