#wealthtax — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #wealthtax, aggregated by home.social.
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The money raised by taxing billionaires out of existence will do more than help with the budget. Taking their money would make it impossible for billionaires to buy governments and write budgets to benefit themselves.
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The money raised by taxing billionaires out of existence will do more than help with the budget. Taking their money would make it impossible for billionaires to buy governments and write budgets to benefit themselves.
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The money raised by taxing billionaires out of existence will do more than help with the budget. Taking their money would make it impossible for billionaires to buy governments and write budgets to benefit themselves.
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The money raised by taxing billionaires out of existence will do more than help with the budget. Taking their money would make it impossible for billionaires to buy governments and write budgets to benefit themselves.
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The money raised by taxing billionaires out of existence will do more than help with the budget. Taking their money would make it impossible for billionaires to buy governments and write budgets to benefit themselves.
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“We should end the ‘tax-free lifestyle loan,’ the gimmick that lets the ultra-wealthy borrow against their stock portfolios while reporting no taxable income.”
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“We should end the ‘tax-free lifestyle loan,’ the gimmick that lets the ultra-wealthy borrow against their stock portfolios while reporting no taxable income.”
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“We should end the ‘tax-free lifestyle loan,’ the gimmick that lets the ultra-wealthy borrow against their stock portfolios while reporting no taxable income.”
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“We should end the ‘tax-free lifestyle loan,’ the gimmick that lets the ultra-wealthy borrow against their stock portfolios while reporting no taxable income.”
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“We should end the ‘tax-free lifestyle loan,’ the gimmick that lets the ultra-wealthy borrow against their stock portfolios while reporting no taxable income.”
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A Plan for Equality & Prosperity Within Planetary Boundaries
A habitable world is possible"The Global Justice Report is part of a broader international agenda for planetary habitability, social justice, and reform of the global financial architecture."
"The Global Justice Project attempts to set out a new vision for global progress in the 21st century: grounding human development and equality in planetary habitability. It explores the conditions under which the world could move toward this horizon and traces an economically and ecologically consistent transition path from 2026 to 2100." >>
https://globaljusticeproject.wid.world/Summary: The Global Justice Report
A Plan for Equality & Prosperity Within Planetary Boundaries
"It is possible to reconcile planetary habitability and high well-being for all, but only if the transformation rests on three pillars simultaneously. Fast decarbonization of energy systems is necessary. But we also need a major shift toward sufficiency – understood as a sharp reduction in labour hours and material footprint and large changes in consumption patterns, food habits, land use, and forest cover. In addition, neither decarbonization nor sufficiency can be financed and politically sustained without a drastic reduction in inequality of income, wealth and power, both between countries and within them. The compression of global inequality is not only compatible with deep decarbonization; it is a necessary condition for shared prosperity on a finite planet." >>
https://globaljusticeproject.wid.world/insight/summary/
#GlobalJusticeReport #inequality #SocialJustice #redistribution #WealthTax #ExorbitantPrivileges #SWF #Climate #PlanetaryBoundaries #ClimateCosts #disasters #PlanningCertainty #habitability #HabitableWorld #BigChange #IgnoredByMSM -
Heh. Even #USAToday is talking about the #DSA! Caution - Contains #RedScare Propaganda!
#DemocraticSocialists of America propose radical overhaul of US govt
The Democratic Socialists of America want to fight for working-class Americans by offering #FreeHealthcare and abolishing the U.S. Senate [sic]. What else does their #WorkersDeserveMore platform say?
by Emily R. Condon
Updated Aug. 2, 2026,Excerpt: "Although not all self-described #DemocraticSocialists are in the Democratic Socialists of America, the DSA is an increasingly influential player on the left. Members include New York Rep. #AlexandriaOcasioCortez, New York City Mayor #ZohranMamdani and Michigan Rep. #RashidaTlaib, all Democrats. Three Democratic nominees for U.S. House of Representative seats – #DarializaAvilaChevalier and #ClaireValdez in New York and #MelatKiros in Colorado – also belong to the group, as do a growing list of state and local officials.
"A third of #Democrats identify as democratic socialists, according to a July 30 CNN poll, but it's possible that quite a few of those are not familiar with some of the DSA's more unusual suggestions for overhauling the U.S. government. A July 28 Reuters/Ipsos poll revealed that 47% of Americans say they don't understand democratic socialist policies.
"While President Donald Trump and his GOP allies slam democratic socialists as
'#communists,' the Democratic Socialists of America is defining its own brand in the new platform."The 120,000-member organization's policy roadmap has three sections:
- Thriving Working-Class Communities
- Working-Class Foreign Policy
- Working-Class Democracy "Read more [or not. I'll be posting the official DSA platform soon...]:
https://www.usatoday.com/story/news/politics/2026/08/02/democratic-socialists-america-platform/91092595007/#USPol #TaxTheRich #VotingRights #Unionize #WealthTax #MultiPartyDemocracy #NoLobbying #NoDarkMoney #GetMoneyOut #SocialistVampires #SocialismIsScaryForTheRich
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#Booktip
Jeremy Lent: Ecocivilization"Lent’s goal is to synthesize dozens of proven and promising genres of existing projects and real-world activism. Some of these are daring and paradigm-breaking. Others operate well within the dominant market/state system but offer credible possibilities for post-capitalist transitions."
– David Bollier, host of the podcast 𝘍𝘳𝘰𝘯𝘵𝘪𝘦𝘳𝘴 𝘰𝘧 𝘊𝘰𝘮𝘮𝘰𝘯𝘪𝘯𝘨
https://www.bollier.org/blog/jeremy-lents-ecocivilization-bold-vision-system-change
#EcoCiv #EcoCivilization #SystemsThinking #SystemsTheory #EarthSystem #paradigmshift #DonellaMeadows #ThinkingInSystems #ClimateTippingPoints #SocialTIppingPoints #Commons #WellbeingEconomy #DoughnutEconomy #CircularEconomy #CommonWealth #WealthTax #TaxTheRich #WealthCap #AgroEcology #RegenerativeAgriculture #urbanism #CircularCity #Ciclovia #RightsOfNature #islandsofcoherence #phasetransition #theoryofchange #ThreeHorizons #anthropocene #symbiocene #Readingtip #BookRecommendation #Lesetipp #Buchtipp #Lent #JeremyLent
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"The Case for California’s Billionaire Wealth Tax", today’s NYT Op-Ed from Gabriel Zucman and Emmanuel Saez: https://web.archive.org/web/20260526122143/https://www.nytimes.com/interactive/2026/05/26/opinion/wealth-tax-california-billionaire.html
The iceberg images are especially striking. 78% of Zuckerberg's, Page's, Brin's, Huang's wealth accumulation is “underwater” .
#wealthTax #CGT #taxTheRich #California #wealth #money #accumulation #inequality #inequalities #households #Zuckerberg #MarckZuckerberg #LarryPage #SergeyBrin #JensenHuang #Meta #Google #Nvidia #AIBubble #Zucman #Saez
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Australia now has 48 billionaires (up 8 since 2020, because why not?), and these 48 people collectively hold more wealth than the bottom 40% of the entire population — that's roughly 11 million everyday Aussies combined.
Meanwhile, the average Aussie billionaire's wealth grew by almost $600,000 per day over the past year. That's right — while rents climb, groceries hurt, and 3.7 million people (including 757,000 kids) live below the poverty line, the ultra-rich are casually printing half a mil a day. Totally normal, totally moral.
Oxfam is calling it what it is: inequitable, unsustainable, and amoral.
Their big ask? A 5% wealth tax on billionaires alone could've raised $17.4 billion just last year — enough to fund universal cheap childcare, extend energy bill relief for years, massively boost humanitarian aid, and actually ease the housing/childcare squeeze that's crushing everyone else.
Throw in scrapping negative gearing, killing the capital gains tax discount for the wealthy, and maybe a broader progressive wealth tax on the top 0.5%, and suddenly there's real money to fix the things governments always say "we can't afford".
But sure, let's keep protecting the system that lets 48 people out-wealth 11 million, while the rest of us argue about whether $2 milk is a human right. Classic Australia 2026.
Tax the rich. Disrupt the vicious cycle. Make billionaires pay their fair share for once.***Side note:***
For context, the AFR Rich List 2025 (from May 2025) counts 161 Australian billionaires in AUD$ terms (net worth of AUD$1 billion or more), with the top 200 controlling $667.8 billion total and an entry threshold of $747 million (far higher than the ~$65 million needed in the 1980s). Oxfam deliberately highlights the ultra-elite 48 (Forbes USD threshold) for the most dramatic inequality stats, but the broader picture shows even greater concentration of extreme wealth.#taxtherich #wealthtax #auspol #inequality #billionaires #oxfam #economicjustice #housingcrisis #childcarecrisis #povertyinaustralia #eattherich
https://www.sbs.com.au/news/article/wealth-tax-australia-billionaires-oxfam/9wsstq0nw
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The GOP thinks it has a messaging problem 🤣
What it really has is a solutions problem for ordinary Americans. They have no solutions for affordable #healthcare, #housing, #StudentDebt
Trickle down has failed, the #2026MidTermElection consequences are inevitable. No amount of lipstick application will make the #BigBeautifulBill look anything different than the pig it is - a giveaway for #billionaires
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retroshare://chat_room?name=%23%D0%98%D0%9B%D0%98%D0%A2%D0%90&id=L13129B3B4419DA72
Вот перевод моего ответа на английский:
This is an **economics-themed meme**, which *claims* that Norway’s wealth-tax increase caused a net loss in government revenue.
**What exactly is shown?**
**The text:**
It states that:
Norway raised its wealth tax;
it expected to collect +$146M;
but allegedly lost $448M because $54B in wealth left the country;
resulting in a total reduction of $594M in tax revenue.
**The chart:**
It’s the *Laffer Curve* — a popular but debated economic concept suggesting that if tax rates are too high, government revenue eventually falls due to capital flight, tax avoidance, lower activity, etc.
**Important to understand:**
This is **not an official report** and **not a scientific chart**, but a social-media-style visualization making a claim.
Many such images are **politicized memes**: they use selective data or interpret it in a convenient way.
The Laffer Curve is a **theoretical model**, not a universal law.
If you want, I can:
— fact-check the specific numbers;
— explain the context of Norway’s wealth tax;
— show where the argument in this picture is manipulative.#Norway #WealthTax #LafferCurve #Economics #TaxPolicy #CapitalFlight #BudgetLoss #FactCheck #EconomicModels #FiscalPolitics
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**Beep Beep** We’re on tour!! 🚗
This month, we’re travelling across the province, meeting with communities building bright solutions to reclaim BC’s economy for working people, not the billionaires.
From food security, cooperative housing, community owned energy and innovative technology, come with us and discover how to fight the oligarchs, right here in BC.
Fighttheoligarchs.ca ⚡
#fighttheoligarchs #bcgreens #britishcolumbia #billionares #wealthtax #greenparty #emilylowan #bcpoli
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“[middle class] people are so protective of their OWN family wealth that they start to protect the family wealth of the exact people that are going to dispossess them”
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Trump savings accounts a ‘back door for privatizing Social Security,’ Bessent says
https://www.washingtonpost.com/business/2025/07/30/trump-accounts-social-security-bessent/
#SaveSocialSecurity #NoPrivatization #TaxTheRich #NoBillionaires #WealthTax #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #SecondBillOfRights #FDRDemocrats
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Trump savings accounts a ‘back door for privatizing Social Security,’ Bessent says
https://www.washingtonpost.com/business/2025/07/30/trump-accounts-social-security-bessent/
#SaveSocialSecurity #NoPrivatization #TaxTheRich #NoBillionaires #WealthTax #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #SecondBillOfRights #FDRDemocrats
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Trump savings accounts a ‘back door for privatizing Social Security,’ Bessent says
https://www.washingtonpost.com/business/2025/07/30/trump-accounts-social-security-bessent/
#SaveSocialSecurity #NoPrivatization #TaxTheRich #NoBillionaires #WealthTax #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #SecondBillOfRights #FDRDemocrats
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Trump savings accounts a ‘back door for privatizing Social Security,’ Bessent says
https://www.washingtonpost.com/business/2025/07/30/trump-accounts-social-security-bessent/
#SaveSocialSecurity #NoPrivatization #TaxTheRich #NoBillionaires #WealthTax #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #SecondBillOfRights #FDRDemocrats
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Trump savings accounts a ‘back door for privatizing Social Security,’ Bessent says
https://www.washingtonpost.com/business/2025/07/30/trump-accounts-social-security-bessent/
#SaveSocialSecurity #NoPrivatization #TaxTheRich #NoBillionaires #WealthTax #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #SecondBillOfRights #FDRDemocrats
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Mamdani Shows How To Frontrun, Defuse, And Reframe Right-Wing Outrage | Techdirt
#VoteMamdani #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Mamdani Shows How To Frontrun, Defuse, And Reframe Right-Wing Outrage | Techdirt
#VoteMamdani #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Mamdani Shows How To Frontrun, Defuse, And Reframe Right-Wing Outrage | Techdirt
#VoteMamdani #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Mamdani Shows How To Frontrun, Defuse, And Reframe Right-Wing Outrage | Techdirt
#VoteMamdani #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Mamdani Shows How To Frontrun, Defuse, And Reframe Right-Wing Outrage | Techdirt
#VoteMamdani #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Shocking: Working Class Actually Quite Fond Of Left-Wing Economic Policies www.wonkette.com/p/shocking-w... #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Shocking: Working Class Actually Quite Fond Of Left-Wing Economic Policies www.wonkette.com/p/shocking-w... #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Shocking: Working Class Actually Quite Fond Of Left-Wing Economic Policies
https://www.wonkette.com/p/shocking-working-class-actually-quite
#VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Shocking: Working Class Actually Quite Fond Of Left-Wing Economic Policies
https://www.wonkette.com/p/shocking-working-class-actually-quite
#VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Shocking: Working Class Actually Quite Fond Of Left-Wing Economic Policies
https://www.wonkette.com/p/shocking-working-class-actually-quite
#VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Shocking: Working Class Actually Quite Fond Of Left-Wing Economic Policies
https://www.wonkette.com/p/shocking-working-class-actually-quite
#VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Shocking: Working Class Actually Quite Fond Of Left-Wing Economic Policies
https://www.wonkette.com/p/shocking-working-class-actually-quite
#VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
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Instagram Suspends Zohran Mamdani’s account, Leaked Memo Cites ‘National Interest’ as Meta Tilts Right – NYC Journals
#VoteMamdani #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
[Note: some people said this was misinformation/disinformation. Perhaps. Most of them were extremely hostile and I have blocked them.]
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Instagram Suspends Zohran Mamdani’s account, Leaked Memo Cites ‘National Interest’ as Meta Tilts Right – NYC Journals
#VoteMamdani #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
[Note: some people said this was misinformation/disinformation. Perhaps. Most of them were extremely hostile and I have blocked them.]
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Instagram Suspends Zohran Mamdani’s account, Leaked Memo Cites ‘National Interest’ as Meta Tilts Right – NYC Journals
#VoteMamdani #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
[Note: some people said this was misinformation/disinformation. Perhaps. Most of them were extremely hostile and I have blocked them.]
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Instagram Suspends Zohran Mamdani’s account, Leaked Memo Cites ‘National Interest’ as Meta Tilts Right – NYC Journals
#VoteMamdani #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
[Note: some people said this was misinformation/disinformation. Perhaps. Most of them were extremely hostile and I have blocked them.]
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Instagram Suspends Zohran Mamdani’s account, Leaked Memo Cites ‘National Interest’ as Meta Tilts Right – NYC Journals
#VoteMamdani #VoteProgressive #StopNeoliberalism #WorkingClassNotDonorClass #TaxTheRich #NoBillionaires #WealthTax #SecondBillOfRights #FDRDemocrats #AOC2028
[Note: some people said this was misinformation/disinformation. Perhaps. Most of them were extremely hostile and I have blocked them.]
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Newly minted billionaires are increasingly not “self-made,” but inheriting money from mom and dad, creating American “wealth dynasties” and a society that more closely resembles traditional aristocracies.
https://www.vice.com/en/article/qjvnqb/the-kendall-roy-era-is-nigh-massive-wealth-transfer-to-create-nation-of-trust-fund-billionaires?at_medium=Social%20media&at_campaign=Mastodon
#billionaires #wealthtax #succession #kendallroy #TrustFund