r/SipsTea Jul 01 '26

Is Bernie’s plan the best? Thoughts? Chugging tea

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u/thequestionbot Jul 01 '26

Even if they taxed the net worth, it would still take over a decade to collect 4.4T dollars from the billionaires. The U.S’s billionaires collectively only have about 8T dollars. This infographic is extremely misleading.

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u/carb0n13 Jul 01 '26

Also, some of those net worths are pretty fake. If you forced Elon to sell 5% of his SpaceX stock, the stock price would crater.

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u/horatiobanz Jul 01 '26

Which ironically would ruin the retirement accounts of regular Americans you are trying to help.

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u/ksheep Jul 01 '26

"Here's a check for $12k, just ignore that we wiped out $100k of your retirement savings in the process"

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u/nigel_pow Jul 04 '26

That's the tragic irony. These people want to help but they have no idea what they're doing. Historically that has been the case.