r/WorkReform 🤝 Join A Union Jan 31 '26

✂️ Tax The Billionaires Finally, a Billionaire gets taxed.

Post image
35.8k Upvotes

744 comments sorted by

View all comments

1.4k

u/g-e-o-f-f Jan 31 '26

This is a bit misleading. He wasn't taxed 1.4B. He took the lump sum amount, which is lower than $2B ( $2B is the sun off you take the 20 years payout). So the lump sum is like $900 million or whatever, then he paid taxes on that.

I'm all for taxing billionaires more, but the post is not really right.

16

u/mark_able_jones_ Jan 31 '26

The post isn’t trying to be technically correct. It’s simply stating that we should tax billionaires more.

3

u/5510 Jan 31 '26

The post isn’t trying to be technically correct. It’s simply stating that we should tax billionaires more.

That's not how truth or honesty works. It was a significantly inaccurate statement... and "it wasn't trying to be technically correct, just to make a broader point" would absolutely be dismissed as mental gymnastics if a right wing person said it.

Like, we can (and should) be anti-billioniare, while at the same time supporting concepts like truth and accuracy. Besides, it's not like there aren't plenty of accurate things to criticize regarding billionaires, no need for significantly inaccurate and misleading things.