• GoofSchmoofer@lemmy.world
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    6 months ago

    This is such a good visualization of big numbers and big bank accounts.

    It’s also a good way to really see the bull shit argument that it’s unfair to tax the wealthy at a higher rate. Even if they get taxed at 90% (which I don’t think will happen in my lifetime) they still will have enough money for them and their decedents to live a lavish lifestyle. And that extra money could really make America into the country that it pretends to be.

    • prole@sh.itjust.works
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      6 months ago

      Also, the “taxed at 90%” is a red herring too, since that’s not how progressive tax brackets work. Nobody’s effective tax rate would be close to 90%, even if we raised the top marginal rate to nearly 100%.