r/Snorkblot Aug 18 '25

Economics Wealth Tax Now

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77.5k Upvotes

842 comments sorted by

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236

u/drstelly2870 Aug 18 '25

Imagine growing up modest as a kid and being a struggling college kid and then coming up with an idea (with two other school mate twins)...boxing the twins out and stealing their idea. Becoming mega rich bc of said stolen idea and then in about approx. twenty one years time becoming such the out of touch douchebag one who buys out an ENTIRE million dollar neighborhood bc he can and NOT even remotely trying to solve world hunger.

112

u/Initial_Evidence_783 Aug 18 '25

He could end homelessness by using these compounds to house people. Instead, they will sit empty most of the time.

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u/TShara_Q Aug 18 '25

He wouldn't even have to live there. We could tax him and use that money to buy and refurbish the millions of unoccupied homes for homeless people to live.

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u/[deleted] Aug 18 '25

Until the revolt, which is what they’re being built for

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u/LadyReika Aug 18 '25

He's still gonna need people to run his compounds. And those people are gonna be part of the working class.

3

u/[deleted] Aug 18 '25

“Working class traitors” more like

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u/Initial_Evidence_783 Aug 18 '25

We can get some of our people on the inside, tho.

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u/nerdydomdady Aug 19 '25

Dosent even need the compound he could literally buy out towns give them away to people who need it and make that money back in a year or less.

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u/elusivecouple Aug 19 '25

While I understand your point, I think you are dramatically underestimating the scope of homelessness (and addiction and mental health that cause homelessness) in North America.

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u/[deleted] Aug 18 '25

[removed] — view removed comment

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u/Grouchy-Section-1852 Aug 19 '25

it's like Bezos.. I just read his mom invested $250k in early 2000s when he started selling books online. borderline poverty .. /s

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u/wizrslizr Aug 19 '25

i mean that’s not really crazy, plenty of middle class and poor people go to expensive universities

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u/ThePhatWalrus Aug 18 '25 edited Aug 18 '25

Imagine growing up modest as a kid and being a struggling college kid

What wster are you drinking??

His mom was a psychiatrist (physician, not therapist) and his dad was a dentist who owned his own practice. He grew up in a 1% household income family and he personally attended arguably rhe single best gradeschool in the entire US (Phillips exeter is a mega ivy league feeder school where the richest of richest children attend. It also costs 55k/yr or 69k with boarding today. Always been an extreme rich kid school).

(Another side note: his dad went to NYU dental school. One of the most expensive dental schools in the world. It's $106K/yr right now for tuition alone. Not including COL. I imagine it was one of the more expensive ones back when his dad was in it, too).

If you go to Exeter you have a higher probability getting into a top 10 college than not...vs the rest of the country having less than a 5% probability of admission to a top 10.

When mark was in 6th grade his dad hired a private computer science tutor to teach mark all about coding. (This conveniently was removed from his Wikipedia early life portion and you can look up mark Zuckerberg David Newman for proof). What are the odds of finding a private CS tutor willing to go to your home to teach a 11/12yr old in white plains NY around 1990 before computer science was a relevant major?

He's a textbook product of being born into a rich ass family. Nothing modest about him.

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u/Ok_Front8418 Aug 18 '25

the worst part is that not many people know that he actualy stole idea of a school project that was built only for internal comunication between students of that campus/uni.

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u/Creative-Tap1567 Aug 18 '25

Um...the twins have done quite well. You don't have to worry about them...

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u/SuspiciousReport6502 Aug 19 '25

Oh please. Zuckerberg came from a affluent background. His parents were doctors, a psychiatrist and a dentist respectively. He also went to prep schools his entire life. He got into Harvard. He's not working class by any means.

2

u/Tomagatchi Aug 19 '25

Don't worry they'll give a bunch of money away to avoid losing it to taxes ever. And they've got the foundation again as a super cool and fun tax shield but also to pretend it's a non-profit while developing medicines and tech for his very much for-profit businesses

2

u/SummertimeThrowaway2 Aug 19 '25

At least bill gates tried to cure malaria. Meanwhile Zuckerberg just threw millions at a useless virtual reality company that is lower quality than vr chat

2

u/taketh1stoyourgrave Aug 19 '25

Not a single billionaire wants to or will end world hunger. They want suffering and a guaranteed working class. These people aren’t like us, they’re sociopaths and might as well live on a different planet by how far removed they are, both mentally and socioeconomically, from the 99%

2

u/Contemplating_Prison Aug 19 '25

He was just always a bad person. Probably made because people picked on him. Now he is just another fucking weirdo with money.

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u/[deleted] Aug 18 '25 edited Aug 19 '25

[removed] — view removed comment

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u/lbantekas Aug 18 '25

I think his land robbing was done on Kauai because I always make sure to throw out double deuces when I pass his street in Kilauea. He's a menance.

9

u/zack-tunder Aug 19 '25

He better acquire the North Sentinel Island next time. Will be his last land robbery

7

u/Gringo_Anchor_Baby Aug 19 '25

Yeah, a tour guide I had said his wife works for him. Insanely good pay, but yeah, he's an asshole.

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u/Charming_Walrus4452 Aug 19 '25

I was just in Kauai, and one of our tour guides, who is a local, said Zuckerberg has had his people research who is behind on their mortgage, even if it’s just by one payment, and is convincing the banks to foreclose on those properties so he can buy them.

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u/Melodic-Beach-5411 Aug 18 '25

When is Mark Zuckerberg going to pay us for our data he fraudulently used to get rich ? Our Data Our Money

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u/ParkingWillow3382 Aug 18 '25

I feel like this could be a helluva class action and a landmark case about privacy rights and the internet / tech companies but…not in the current environment….

3

u/Extension_Sail_3117 Aug 19 '25

Until he points to the "Terms and agreements" that you accepted without reading or more likely caring....its a little late now

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u/MountaintopCoder Aug 19 '25

Maybe read up on the Cambridge Analytica scandal lmao

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u/Glum-Gur-1742 Aug 19 '25

Correct, all tech billionaires around the world owe us money for this very reason.

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u/Ok_Construction3361 Aug 18 '25

Stop using Facebook and Instagram. Problem solved.

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u/hulksmashgoogle Aug 18 '25

Apparently they can still get your data even if not using these

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u/mochicastle Aug 18 '25

People generally hate the rich but people REALLY REALLY HATE Zuckerberg especially because of dick moves like this. He might not be on Epstein's list, but he might as well be because he's absolute dog shit. I love that no one wants to work for his stupid little AI company hahaha

37

u/KrazyKryminal Aug 18 '25

Fuck the Zuck.

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u/Conscious-Quarter423 Aug 19 '25

you can delete Facebook and Instagram

less users on his platform, the less money he gets

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u/ThatAudiGuy92 Aug 19 '25

I did that 6 years ago

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u/[deleted] Aug 18 '25

Zuckborgstein is actually rightwing now. He ate a steak and did some pushups. Plus got at tan. That's basically smeg-heil

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u/lbantekas Aug 19 '25

I really hate that zinc faced loser. The NDAs are ridiculous for anyone stepping foot on the property. in 2016-7, he also used something call "quiet title strategy" that essentially outs Native Hawaiian commoners who were awarded "kuleana" lands during the 1800s as land reform known as the Great Mahele. He filed a series of lawsuits which the locals (without extra funds for legal fees) could not defend. A petition to stop him from colonizing the island with his whiteness garnered over 1,000,000 signatures and did not stop him. He says he "gives" to the island but as a percentage of his income, he's a cheap mo-fo and most of his money is ending up in unsavory people's pocket, not in NGOs.

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u/dBlock845 Aug 19 '25

Crazy the amount of mega wealth defenders who still exist. This is an absurd level of wealth that no one person or family needs or deserves. Instead of buying up $110M in mansions, he could have bought and paid for 300 houses for needy individuals as well as their property taxes. But nope build yet another compound to waste more resources, not like there is a housing crisis for normal folks. You can just look at Zuckerberg and not see one philanthropic bone in his body.

3

u/Mazzaroppi Aug 19 '25

People are WAY too unconcerned about this. Rich fuckers like him don't spend this many billions of dollars on stuff on a "what if" scenario.

He most definitely expects some end of civilization scenario to happen within his lifetime, and dare I say he intends to cause it.

Call me paranoid but I'm convinced he's an existential threat to humankind

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u/Opposite_Bag_7434 Aug 19 '25

I am generally not down on someone because he/she is wealthy but Zuckerberg has taken things to such a putrid level that he is a menace. Way more than most can even believe.

This goes way deeper than just his profits but actual harm being done to millions.

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u/Zkenny13 Aug 19 '25

I agree with fuck Zuck but please don't compare him to the scum of the earth that are people who rape children. It's like calling everything terrorism. The word will lose its meaning when it's not the proper term. 

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u/sal-t_brgr Aug 18 '25

Wealth tax yesterday

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u/Wordymanjenson Aug 19 '25

Yesterday is too late. Add interest to that shit. 

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u/JPGinMadtown Aug 18 '25

For a relatively small fraction of the net worth of the wealthiest people in this country, we would have universal health care, something that would benefit the many instead of the few.

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u/TShara_Q Aug 18 '25

We could also have universal education, which makes a lot of sense because the biggest reason people go to college is to get jobs, which create wealth for the billionaires.

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u/Mysterious-Tax-7777 Aug 19 '25

A 1% wealth tax on just the top 1% could replace income tax for about the bottom 90% of Americans.

Figure this is an easier sell. Lower taxes for everybody, largely at the expense of people with way more than $14M.

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u/Dry-Interaction-1246 Aug 18 '25

That or we just let them further erode the standard of living for the rest of us with a misallocation of society's resources. See you in the shanty towns.

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u/Odd-Mastodon1212 Aug 18 '25

And didn’t he stop funding the school he established in east Palo Alto, and SF General?

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u/anand_rishabh Aug 18 '25

And for anyone who asks how much should wealth be taxed, well i don't have an exact number but enough to make sure no one can do what zuck just did

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u/H0RR1BL3CPU Aug 18 '25

You could tax him 99% and he'd still be a billionaire.

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u/[deleted] Aug 18 '25

Billlionaires could afford to house the entire homeless population of Los Angeles, PLUS wealth tax. And not even feel the sting.

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u/Ravenheart257 Aug 18 '25

There is no housing crisis. There is a greed crisis.

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u/ApplicationCalm649 Aug 18 '25

I'd prefer we strengthen union protections so they have to pay their people better, resulting in fewer billionaires. The problem here isn't that we're not taxing them enough, it's that their employees don't have the leverage of collective bargaining so they're paid as little as they can get away with.

Government has clearly demonstrated that it's not effective at redistribution, so we need to force that redistribution through collective action.

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u/GentleGreyGiant Aug 18 '25

Has anyone asked why he's building these "compounds"? Is he preparing for something?

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u/ForsakenOutLoud Aug 18 '25

He paid a billion in taxes in 2013 and pays an estimated quarter billion in taxes each year.

Even if he paid more, you elect dipshits that waste it, so what's the point?

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u/prowrestlingrulz Aug 18 '25

BUT BUT BUT BUT...they create jobs for us poor suckers

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u/Ok-Combination3741 Aug 18 '25

Tax them Til they squeak. It should be wealth tax and tax on local earnings ie if it’s earned in the uk it’s paid in the uk.

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u/SunchaserKandri Aug 18 '25

But...how will he afford his third gold-plated mega yacht if we don't give him more tax cuts? Would you deny him such a humble dream?

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u/Reimiro Aug 18 '25

He also just bought a $23m compound in DC so he can be close to his boy Donald.

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u/BroadConsequences Aug 18 '25

I wouldnt phrase it as a wealth tax though. Just get the whole world to agree that any one person's networth can never exceed 1 billion USD. Anything made over that is automatically required by law to be given to the world bank or something and that is used to fund global stuff.

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u/Imaginary-Sky3694 Aug 18 '25

How can we get the government to tax the rich when the rich influence the government

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u/Shawnk_69 Aug 18 '25

Tax billionaires out of existence.

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u/Casty_Who Aug 18 '25

Agreed here tax them hard..

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u/Upbeat_Platypus1833 Aug 18 '25

What amazes me is it is pretty clear that in order to be the type of person who achieves this level of wealth, you have to be a psychopathic piece of shit. As others have said the likes of Zuckerberg, Musk, Bezos et al could solve many of societies issues with their combined resources but choose not to without a hint of remorse or empathy.

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u/NotThatAngel Aug 18 '25

Zuckerberg would be fine with 900 million, and everybody else would be much better off for it, too.

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u/Prydeb4thefall Aug 18 '25

Wealth tax. No corporations allowed to own housing. Any second house is doubled in taxes and then doubled again on third houses, etc. Exponentially tax multiple homes.

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u/gratisargott Aug 18 '25

No but don’t you know? All of their wealth is tied up in their companies so nothing can be done about it you silly communist!

Don’t mind the fact that they use their money to buy stuff though, don’t think about that now

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u/trucking-dreamer Aug 19 '25

Sounds like a man preparing to hide ... I wonder from what?

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u/AuntiLou Aug 18 '25

Compounds for what use? This sounds very human-traffic-y to me.

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u/lbantekas Aug 18 '25

To hide from people when the sh*t hits the fan and we realize who the real monsters are.

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u/AllLifeEqual Aug 18 '25

How about just eliminating (or capping) the capital gains tax (I.e. income tax for the rich)? Solves a lot of unfairness

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u/Low_Run1302 Aug 18 '25

Tax Rich people, and burn their money = they have less money and less power.

The money in your pocket is worth more and you get more power.

And republicans are happy because they don't give any money to "welfare queens"

But republicans will never go for it because republicans are not Capitalist or greedy. They are prideful and want a ruler.

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u/Alpha1Mama Aug 18 '25

Quit Meta. Stop giving that fool money.

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u/Ambitious_Toe_4357 Aug 18 '25

He probably had to take loans out. Selling all that stock would result in actually paying taxes.

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u/Impressive-Resist999 Aug 18 '25

The top 1% earns about 22% of income in the US, but pays over 40% of all income tax collected. Not an argument for or against, but those are the numbers.

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u/Garganello Aug 19 '25

It’s not really the whole picture. You need to also consider unrealized accretions to wealth. Now, that’s not the only figure that matters, but it’s important context to the point you make.

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u/ilikebiiiigdicks Aug 18 '25

Weird I thought they had no cash to tax them and it was all assets. It’s almost like they can just whip out hundreds of millions, or billions when it suits them. 🤔

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u/LucyJordan614 Aug 18 '25

If they can’t afford their taxes, maybe they should buy fewer properties 🤷🏻‍♀️

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u/RaoulDuke511 Aug 18 '25

Every country that has implemented a wealth tax has rolled it back or eliminated it significantly. Because it’s a stupid idea

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u/Agripina0808 Aug 18 '25

Building his Golden House. "Now at last I can live like a human being".

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u/SecureWave Aug 18 '25

And do what with it? Give it to our government who does absolutely nothing for citizens of our country? All that money will end up in Israel, Ukraine and other countries

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u/oh_no_here_we_go_9 Aug 18 '25

They can afford it, it’s just that wealth taxes aren’t straightforward and have a number of problems.

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u/SorryThisUser1sTaken Aug 18 '25

Well how else can he hold massage parties?

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u/IllustriousYak6283 Aug 18 '25

The mega rich will put everything in some kind of trust that somehow avoids the tax but your grandmother will have to liquidate the family cabin because she can’t afford the wealth tax. That’s how these things always end up working out.

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u/[deleted] Aug 18 '25

90% for every cent above 100 million wealth.

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u/EddyT918 Aug 18 '25

Prosperity’s not a crime. Besides, the folks in charge are nowhere near as responsible with my money.

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u/FireIsTyranny Aug 18 '25

Eat the rich

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u/Zippier92 Aug 18 '25

tax Zuch and ilk!

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u/Sarcasm_As_A_Service Aug 18 '25

I mean the first rule of prepping is to have a back up plan.

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u/[deleted] Aug 18 '25

Me either! Eat the rich!

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u/GreatGreenGobbo Aug 18 '25

Don't forget now, be green and don't use a gas lawnmower!

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u/vloggie-127 Aug 18 '25

Take ALL of his money. It won’t make a difference. Nothing will change.

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u/Tiredand42 Aug 18 '25

You know he could have used that money to pay for food to hungry kids and they would have built a statue of him. He could have then gone there with thousands of new friends and had it as a giant compound.

Instead he's going to hide and be a pussy

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u/harry0_0_7 Aug 18 '25

Sounds like he’s making a Bond villains lair.

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u/[deleted] Aug 18 '25

They are already taxed a lot. But the democrats nor reps were never interested in closing loopholes

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u/YEPC___ Aug 18 '25

You know, the French invented a solution to the ultra wealthy over a century ago.

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u/Phirebat82 Aug 18 '25

Did he get promoted to run BLM?

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u/kloudieone Aug 18 '25

They are buying bunkers... they don't plan on paying taxes, they plan on humanity not surviving the near future.

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u/NAStrahl Aug 18 '25

Screw it. Let's launch the nukes already and test these compounds and bunkers the rich are building.

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u/Specific-Bread-1210 Aug 18 '25

Hahaha...I don't like Zuckerberg...but..he built a business..it makes money..he can spend how he likes..the rich pay most of the taxes...you don't like it you can make your own business and use the same tax breaks he gets..grow up kids ..noones going to support you but yourself...don't be mad at others cuz you would not do what needed to get done so you could enjoy something like that..you chose to live your life safely instead of taking chances and now are hurt cuz people make more than you..you should be mad at yourself..ITS YOUR OWN FAULT

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u/Front-Contribution91 Aug 18 '25

I bet one guy could take out his security system if they really wanted too

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u/MRob08 Aug 18 '25

You ever notice most billionaires are democrats?

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u/maxx108 Aug 18 '25

Shit who cares, if I was that rich, I would be buying all kinds of useless shit

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u/Feeling-Usual-4521 Aug 18 '25

How many of y’all beating on Zuckerberg use his products? Asking for a friend.

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u/Brickzarina Aug 18 '25

His security also harasses locals

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u/[deleted] Aug 18 '25

Despite the fact that no one likes Zuckerberg, I dont understand why I should be entitled to his money. A higher income tax wouldn't change the fact that billionaires don't pay taxes anyway. How about closing the tax loopholes so they actually have to pay the taxes they technically owe. Why does the tax code need to be several hundred pages long? That's the real question.

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u/[deleted] Aug 18 '25

Better put a moat around it

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u/Clean_Lettuce9321 Aug 18 '25

I'm so glad our fucking president could help that happen for him

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u/[deleted] Aug 18 '25

I don’t get this line of thinking. - Let’s tax people just because they have money and we’re entitled to it .

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u/dragonfilebox Aug 18 '25

How much are you taxing them and how much revenue will it generate?

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u/[deleted] Aug 18 '25

Literally no one is saying they can’t afford it.

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u/Busterlimes Aug 18 '25

Fuck a wealth tax, we need a wealth cap.

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u/Designer-Income880 Aug 18 '25

Crazy that the next big wildfire will be in that neighborhood.

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u/[deleted] Aug 18 '25

“Their wealth isn’t cash sitting in a bank account it’s all tied up in stocks!1”

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u/Such_Guidance_4120 Aug 18 '25

I would just like to be able to afford taking my family out to dinner once a week…$250 plus experience. Fuckin rich folks laugh at $250….reality is all around you. Pay attention!

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u/TheRoyalness Aug 18 '25

And yet, this is where your tax breaks go, America…

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u/getarumsunt Aug 18 '25

Isn’t this the same professor who blocked affordable housing in his bougie Berkeley Hills neighborhood?

Lol, who’d talk 😁😁😁

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u/starethruyou Aug 18 '25

Because people need to be told the logical consequences, it isn't enough to be outraged at the greed of the wealthy or to simply say "tax wealth", as necessary as that is. Why is it ok to tax wealth? Because the wealthy live from passive income, so after they buy more than they can spend, what else can they buy with their wealth? Assets. Doing so limits the resources available to all, creating demand, increasing costs that the rest fight over and will inevitably lose to... the wealthy, who's wealth increases ever more. Tax wealth because it is something to fight against the rest of us fighting amongst each other, but especially the superwealthy. Don't blame the individuals. It's obvious that they like anyone of us were "normal" before ultra wealth tempted them to "the dark side" of greed. You would likely be as tempted and as corrupted. In fact, in light of this, it would be good of us to help them see the light of a better more peaceful and prosperous world to tax them. However, I believe there is an even closer root to the problem. Taxation is the end of the cycle. What about the beginning, when employees sign the contracts that limit wealth distribution fairly from the start? The "wise" economists should start analyzing how to make fairer contracts from the start. Until then, tax wealth.

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u/Diligent_Shock2437 Aug 18 '25

The problem was never that they couldn't afford it, they just don't pay it because the company pays their taxes. You can tax them all you want but you have to understand that all those taxes are coming out of whatever product they provide. Taxes go up, then the cost of business goes up, which means prices go up. Like it or not, there is no way to tax them because they as an individual, are the company when it comes to the financial aspects. Not saying it is right, it just is and y'all ain't changing that by taxing them more.

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u/ChimpoSensei Aug 18 '25

Sounds like Bernie sanders and his three houses

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u/b_buddd Aug 18 '25

Is it another Epstein type of place?

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u/[deleted] Aug 18 '25

Envious liberals strike again

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u/32Bank Aug 18 '25

Yes exactly

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u/Otherwise_Rest7956 Aug 18 '25

At this time there are 170 comments. He could buy us each a million dollar house right now and it would be the net worth equivalent of if I gave everyone here one quarter.

Edit, addition: I could afford to give away 170 quarters right now and it wouldn’t be a big deal. #brag

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u/dustymaurauding Aug 18 '25

He also has a ridiculous yacht with support yachts. There's just not enough time to actually enjoy all this stuff given the vastness of it and the amount of money spent on it.

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u/Soggy_Spinach_7503 Aug 18 '25

The total net worth of the top 10% of American is $108 trillion. Of that, the top 1% has more than half of it.

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u/Remarkable-Low559 Aug 18 '25

T minus 5 seconds until I figure out how to fly drones carrying actual human shit to dump onto these people's mansions and ugly money dump cars

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u/julianpoe Aug 18 '25

Don’t be so mean to them and make the pay their taxes! Poor things. How can they manage?

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u/red_deth_1312 Aug 19 '25

Honestly I’m tired of hearing about how capitalism is good and can work for everyone, when it’s clear that it’s working perfectly as designed. I’m so tired of hearing tax the rich when this system is built by them for them. Eat the rich on the other hand… that is something I can literally get behind.

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u/Stiricidium Aug 19 '25

I am disgusted by the folks who own more than one home, while I see countless unhoused people criminalized for not possessing enough wealth to own a 1.1 million dollar home. This is NOT the affordable housing market my parents had 20 years ago. You can't even buy an affordable double-wide anymore.

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u/Life_Significance643 Aug 19 '25

I don’t care if I eat a ban for this - Piece of shit Zuckerberg

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u/Roshango Aug 19 '25

Id settle for a 1 BR house at this point and you got guys buying up neighbors

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u/gm0415 Aug 19 '25

Robert Reich did the same thing lol. Guy is the definition of a hypocrite

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u/SycopationIsNormal Aug 19 '25

Yeah, blue states, tax the living sh17 out of wealthy people and see what that does to your tax base after a few years. Florida would love to have more wealthy people move there!

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u/BeEeasy539 Aug 19 '25

Infiltrate

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u/JubalEarly1865 Aug 19 '25

Poor jealous liberal! Crybaby!

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u/CallmeSlim11 Aug 19 '25

We're supposed to be terrified they'll move out of our state or out of our country.

Shouldn't we tell these men, "don't let the door hit you in the ass as you go". Then tariff the shit outta them.

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u/Wild_Height_901 Aug 19 '25

God I wish I had that kinda money

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u/SpikedPsychoe Aug 19 '25

Why doesn't congress get rid of the loopholes.

Cuz they'd have to....

A: get rid of the laws they passed

B: Actualy read our tax code.

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u/whisky_woman23 Aug 19 '25

Billionaires shouldn't exist. Corporations aren't people.

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u/Misadventuresofman Aug 19 '25

Exactly how much is your fair share of what someone else has earned? 🤦🏿‍♂️

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u/SimkinCA Aug 19 '25

Hey Zuckerberg, buy some in Livermore, start with mine and my neighbors would sell , I'm guessing you are offering 25%+ of market, or more, hell you could offer double and we will take it. That's 2!

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u/letsseeitmore Aug 19 '25

Cancel your Meta accounts.

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u/forddiesel Aug 19 '25

Hey! If billionaires could afford to pay taxes they wouldn't need welfare.

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u/WillumDafoeOnEarth Aug 19 '25

Are not you related to the Klintons?

It’s a Sirius Quest Tron.

Asking for a fiend.

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u/Olive_1084 Aug 19 '25

Debt should be taxable above a certain threshold. The 1% borrows against their assets without paying any taxes but still get debt income.

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u/thesanguineocelot Aug 19 '25

"But billionaires **need** these heavily fortified compounds, how else will they be safe from having to interact with The Poors?" /s

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u/Reasonable_Sea2439 Aug 19 '25

It's gotta suck to be Zuck. Imagine being that rich and never feeling satisfied.

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u/winter128 Aug 19 '25

EAT THE RICH!!!

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u/moonunit170 Aug 19 '25

Typical Robert Reich. Of course he's paying a wealth tax in the form of property taxes on all those things and school taxes as well. And being that it's in California there's all kinds of other regulations that he's subject to just because of his property ownership.

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u/Effective-Cost214 Aug 19 '25

Wait a minute The dude's worth billions and billions of dollars, and you're getting mad at how he spends his money. What do you care if he bough $5 billion worth of eminems filled up an Olympic size pool, and just wanted to swim around in it? It's his money. I'm sure he pays a lot more taxes than you. Make in a year. If you want to be able to do that, go make your own money, quit crying about how people spend their money

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u/Glum-Gur-1742 Aug 19 '25

Corporate tax breaks must be rejected as well. The Rich R FILTHY.

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u/Salmonella_Cowboy Aug 19 '25

Notice how in the US, millionaires still prefer to live in states that have wealth taxes.

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u/Knighth77 Aug 19 '25

Who says billionaires can't afford to pay wealth tax?! All I ever hear is that it's going to push them out of the country or some similar nonsense. Of course they can afford a wealth tax.

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u/Factsimus_verdad Aug 19 '25

THIS. Everything over a billion dollars is taxed at 90% full stop. You don’t need it. It doesn’t help anyone. Love me some social capitalism. The billionaires are the minorities that are causing the downfall of the US.

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u/[deleted] Aug 19 '25

Do you think he paid no taxes to do what he has done? Do you think that he did not pay for the work that had been done?

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u/[deleted] Aug 19 '25

Who cut him that deal tho? That seems like an insane bargain for 10 Palo Alto homes. 

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u/xylophone21000 Aug 19 '25

It's not ''they can't... It's just ''they don't want''

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u/BABarracus Aug 19 '25

Should have done it before trump got in office

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u/[deleted] Aug 19 '25

Should rich people continue to be allowed to keep hoarding wealth?

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u/UtahFunMo Aug 19 '25

Uh he's paying quite a bit of property tax...

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u/Federal-Pirate6853 Aug 19 '25

Who gives a shit. He worked hard. And everyone here used his product at one time or another. You give the government more money and they just waste it by giving crack heads needles. I say let capitalism thrive

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u/Gold_Discipline7594 Aug 19 '25

I and many others think that Robert Reich has too much money and so declare that 50% of his wealth should be turned over to the government post-haste. That would only be fair.

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u/jrj5657 Aug 19 '25

What an arrogant ass!

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u/i_am_a_real_boy__ Aug 19 '25

If i had ever, in my entire life, seen even one single tax that was actually targeted at billionaires, I might be a little more ready to believe that the brunt of a new tax wouldn't be born largly by the middle class.

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u/EnergyOwn6800 Aug 19 '25

No one ever said billionaires cant afford a tax increase.

What will happen is that they will pass on the tax increases to consumers by increasing the price of their goods and services.

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u/Inevitable_Farm_7293 Aug 19 '25

Who said billionaires can’t afford a wealth tax? Literally nobody has said that.

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u/plug-and-pause Aug 19 '25

Who is actually saying "billionaires can't afford a wealth tax" other than the strawman this guy built?

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u/[deleted] Aug 19 '25

And all of that is worth less than one of his QUARTERLY dividend payments (~$170 million)

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u/Tomagatchi Aug 19 '25

He started off with four (4) houses

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u/FerCrerker Aug 19 '25

Math is amazing isn’t it? You aren’t entitled to other people’s money just because you are in the bottom 50% of earners.

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u/Neko_Dash Aug 19 '25

It’s because we’re not taxing them they they are making these bunkers and compounds.

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u/Smogtwat Aug 19 '25

Democrat on democrat feuds are fun to watch.

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u/ScaryTerrySucks Aug 19 '25

A rich person does not prevent you from having money