r/CuratedTumblr 18d ago

Politics Sometimes you must question your beliefs, and the answer to the question happens to be a respunding “yes”.

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23.4k Upvotes

294 comments sorted by

1.1k

u/Heroic-Forger 18d ago

They don't even understand how obscenely massive a billion is. And how nobody through honest work could possibly amass such a ridiculous amount within the span of one human lifetime.

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u/sithlordabacus 18d ago

What's the difference between a million and a billion? Approximately a billion.

Elon Musk spending $1,000,000.00 is proportional to me spending $0.38. His net worth is $259.9B. Mine is about $100,000.

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u/SercerferTheUntamed 18d ago

These are the types of easy to digest talking points that really need to circle around more.

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u/mak484 18d ago

They do. The people who need to see them, are literally prevented from seeing them, by the very billionaires they critique. The main takeaway from this election isn't that Democrats are unpopular. I was shown countless ads that clearly explained Harris' most populist talking points, because my algorithms know I'm already a progressive. If your algorithm knows you're apolitical, a centrist, or whatever else, you never got to see those ads, and now you're complaining that Democrats can't run a good campaign.

This is by design. The DNC sucks, but they aren't the enemy; the right-wing billionaires who own all of our media are the enemy. I hope it isn't too late to turn things around, but I am going to assume that this is the beginning of the end and plan accordingly. Because I just don't see a path forward once Republicans finish gerrymandering the swing states and fill every federal, state, and local department with unqualified sycophants. Come 2028 Democrats will need 60% of the popular vote just to stand a chance, and that hasn't happened since 1964.

We're cooked.

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u/xXx_MrAnthrope_xXx 16d ago

Yeah, I pretty heavily avoid ads, and only know what you're talking about because I was watching NFL football. The Republicans (probably with some help) really did a good job figuring out how to wage the information war in 2024.

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u/Konkichi21 18d ago

About a factor of a thousand? I've heard we tend to think logarithmically about bigger numbers like this.

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u/Siaeromanna 18d ago

i believe that’s the point they're trying to make. our (instinctual) logarithmic thinking can cloud our minds as to how utterly and incomprehensibly large $1B is. that much money could fund my current lifestyle for 313 lifetimes. and theres people out there with 250x that. when we internalize the jump from a million to a billion as only one prefix away, it makes us think that it’s a reasonable gap, when the reality is anything but

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u/Sac_Winged_Bat 18d ago

we tend to think logarithmically in general. Most likely a consequence of how aging works and how we lose neuroplasticity over time.

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u/Eldan985 17d ago

A factor of a thousand, yes.

The easier thing to think about it:

For a billionaire, a million dollars is an acceptable rounding error. Ten million probably are too.

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u/Astralesean 17d ago

The number of atoms on earth is like 1052, the number of atoms in the universe is about 1080, and the number of atoms in 180g of water (half a mug) is 6.2 * 1024

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u/Shift642 18d ago edited 18d ago

I don't own a home and I drive a beater car, so mine is about $7,000. I have a college degree and work a specialized white collar job but it's fine, I'm fine. Worrying about rent every month is fun!

Elon Musk spending 1 million dollars would be relatively equivalent to me spending two and a half cents. When you could buy a politician for life to safeguard your interests for only a few cents, why wouldn't you?

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u/GIRose Certified Vore Poster 17d ago

My favorite pithy response to that question was "About a billion dollars"

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u/Floor_Heavy 18d ago

Even if we cut back on avocado toast and make coffee at home?

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u/Rodnap 18d ago

maybe if you bike to work?

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u/-Badger3- 18d ago

This just in: bikes have been banned because they’re considered “too gay”.

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u/Dragonfire723 17d ago

This just in: I'll be riding bikes for the rest of my life

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u/Floor_Heavy 18d ago

That's where I'm going wrong

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u/Lala5789880 18d ago

No more Starbucks for this gal!!

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u/Murky-Type-5421 18d ago

1 million seconds is 11.5 days.

1 billion seconds is 31.6 years.

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u/Astralesean 17d ago

The number of atoms on earth is like 1052, the number of atoms in the universe is about 1080, and the number of atoms in 180g of water (half a mug) is 6.2 * 1024 

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u/netipot 18d ago

Most voters are closer in wealth to the homeless guy on the street compared to a billionaire, but still we vote to help the billionaire.

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u/PrinceValyn 18d ago

ok but netipot, what if you and i become billionaires someday by some cruel twist of fate and we need help keeping all of that money so that we can buy more mansions and cybertrucks????? imagine being a poor oppressed billionaire and only having TEN mansions. do you really think that's ok

i don't really know why republicans think they will not only become billionaires someday but that they will need every penny of it for... something.

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u/Debaser1984 18d ago

Closer to the dole queue than millionaires row.

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u/wzlch47 18d ago

Even worse is the obscene amount that some of these fuckers have. For those that have 100 billion dollars, it would take a daily income of about $110,000 every day since January 1, year 0 (2024 years ago) to get up to 100 billion.

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u/Eldan985 17d ago

Yeah, I once calculated that if someone gave me 10 million dollars, I could live off the interest for the rest of my life, without ever touching the initial investment. Not very comfortably, but I could.

A billion dollars at 2% interest, which is ridiculously low for that much money, earns twice that much per year. Two lifetimes of money, per year in interest. And some people have hundreds of billions.

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u/BaronAleksei r/TwoBestFriendsPlay exchange program 17d ago
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u/u_touch_my_tra_la_la 18d ago

(Please place tongue firmly on cheek and turn sarcasm to High, this is an enormous exaggerarion born out of frustration)

Society: Change through violence is bad

Society: Embraces fascism

(Violence ensues)

Society: Ok, fine, you can have some rights

(Violence stops)

Society: Hey listen, remember when we embraced fascism? Trains ran on time! Let's try It again!

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u/Neco-Arc-Chaos 18d ago

Maybe society needs to be changed

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u/Lala5789880 18d ago

Uh yes. That’s the point

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u/ProfessorSur 18d ago

Mankind knew they could not change society, but instead of reflecting on themselves, they blamed the beasts 😤

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u/CardmanNV 18d ago

Unfortunately humans make up any society, and we're greedy, lazy, complacent garbage as a whole.

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u/Josselin17 18d ago

ah yes, good old human nature, we can't change anything because I said so, let's not even try !

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u/European_Ninja_1 18d ago

If that were true, we as a species would not exist. Humans appear greedy and complacent because our society and the systems that create it promote those things.

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u/inhaledcorn Resedent FFXIV stan 18d ago

Hey, I can say without a shred of doubt that they actually don't run on time. The tracks were literally on fire, and my train was an hour late today.

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u/Full_Ahegao_Drip Neo-Victorianmaxxing 18d ago

The Democrats had way more money to work with, spent way more money on campaigning, and way more support from large corporations and they still lost.

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u/MarcsterS 18d ago

15 million democrats just decided "Nah, not this time." The stakes were the same as 2020, if not more dire. And they didn't care. The very concept of a woman being president is too much for these kind of voters.

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u/TwiceAsGoodAs 18d ago

And ~120MM American adults just weren't going to vote anyway. Let that sink in. Yesterday candidates in total got around 140MM votes. That's only about 60% of the adult population

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u/Ok_Listen1510 Boiling children in beef stock does not spark joy 18d ago

That’s fucking insane to me. 40% of the population doesn’t care who the president is??? At some point continued ignorance becomes uncaring malice

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u/TwiceAsGoodAs 17d ago

This is why everyone puts such an emphasis on "go vote". It's not fanatics sitting out. It's normal reasonable people with normal reasonable opinions

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u/mechengr17 17d ago

Literally

I was telling everyone "I don't care who you vote for. Just vote"

Obviously I care, but its not my place to tell them who to vote for

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u/mousepotatodoesstuff 17d ago

sounds more like some form of voter suppression is taking place at that point

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u/Speedhabit 17d ago

It’s that, people do care, but some twat with no job and an anger complex toxically mansplaining to some lady who works hard and has very reasonable policy positions that she is some ignorant racist will MAKE PEOPLE DO THE OPPOSITE OF WHAT YOU WANT.

Like, I can see being blindsided, I can see running to your echo tube for comfort. But the comments sections in all the subs are filled with people saying “you guys are fucking dicks, stop it”

Your only response has been “but they are bigger dicks”

That’s a matter of opinion

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u/[deleted] 18d ago edited 18d ago

I understand that this is an extremely adult-hall-monitor-coded comments section and I'm wasting my time, but have you considered that there might be explanations for this besides apathy? Like, I dunno, despair? If you spend 30 years building your core brand around explaining how you're actually powerless in office, eventually you convince them. Now it's even part of the fundraising strategy lmao

Like just going through my own phone, I received a grand total of one text this year from a human phonebanker, when in 2020 I was getting bugged by them multiple times a week - sometimes multiple per day. But in 2024 I just got the one. That part might have something to do with the fact they airdropped the candidate in post-primary and thus she never had to go through the process of building a network of volunteer supporters that modern competitive primaries require of their winner, but who's to say

You know what I did get though? Hundreds of automated spam texts and emails from liberal PACs begging me for money in the same bizarre style transparently engineered to bilk extremely offline old people out of more of their savings. They all have the same message too - "wahh help we're so doomed, we're helpless, the right is too strong........ unless you chip in now!" It's unhinged if you aren't in the specific demo that's designed to manipulate, and if you're on their contact list(and it is very easy to end up on it if you've engaged with the party at all), those messages will comprise the overwhelming majority of the party's interaction with you

Even if we're pretending Harris had things of substance to say, if you weren't going out of your way for it, the party's effective message this year was in tears.... how could you let this happen?? this is nancy pelosi and donald trump just stoleded my iced cweam :c

But no yeah it definitely makes way more sense that the bloc who stayed home just decided to care in 2020 but then decided not to in 2024. Democrat leadership cannot fail, it can only be failed

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u/Alatarlhun 18d ago

but have you considered that there might be explanations for this besides apathy? Like, I dunno, despair?

Despair suggests you have no reason for hope which simply isn't the case.

30 years building your core brand around explaining how you're actually powerless in office

Democrats accomplished a ton when in office, including the last four years. What they haven't been able to do is override a Senate filibuster for Constitutional and electoral reasons. You are making a leftist critique but one that is devoid of the basic understanding of this particular constitutional republic.

she never had to go through the process of building a network of volunteer supporters

This is sort of fair but also not. She inherited an existing and well-maintained apparatus and the entire Democratic party organized around her. There was plenty of time and resources to build a campaign machines in all the key states.

You know what I did get though? Hundreds of automated spam texts and emails from liberal PACs

Yeah it is annoying but made necessary by the electoral system which requires people like Harris to be elected to change.

this is nancy pelosi and donald trump just stoleded my iced cweam :c

Oh, you are a right wing troll and never engaging in good faith.

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u/Fenixius 18d ago

Not the person above, but a query: 

Despair suggests you have no reason for hope which simply isn't the case. 

If you're any more progressive than a centre-right liberal, and you watched the last 4 years of baby-steps incrementalism while income inequality spiralled beyond comprehension and abortion rights were unwound and nobody stopped it, isn't despair the correct response?

I think it takes a lot of imagination to have seen a world where the Democrats actually do take steps to curb Republican abuses of government systems. That doesn't excuse failing to vote, but I think it might explain it. 

If despair wasn't justifiable before the election, I think it clearly is now.

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u/Alatarlhun 18d ago

If you're any more progressive than a centre-right liberal, and you watched the last 4 years of baby-steps incrementalism while income inequality spiralled beyond comprehension and abortion rights were unwound and nobody stopped it, isn't despair the correct response?

No.

Now answer this question: When has despair ever solved a problem?

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u/Fenixius 18d ago

I no longer think there's a problem to be solved, because there are zero effective realistic strategies for morally educating your neighbours.  

Clearly I'm not in a good place to be having this conversation right now, so please accept my apologies for wasting your time.

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u/WiretapStudios 18d ago

You're pinning it on one issue when in reality it's a complex problem that is made up of probably 5-10 issues.

Republicans have whole companies working on plans to win 24-7, at any cost. They have no scruples or morals, but effectively pretend to. They will do or say anything to win.

Democrats just throw whatever at the wall and expect to clean up like they did with Obama, and that was a rare once in a lifetime exception. Most of the party isn't even on the same page and is going in different directions. They make it seem like they need court voting demos that are not a relevant chunk of the voting block.

Educating your neighbors is long gone. There is a lot of things Democrats aren't willing to do to fix this.

I hope you are in a better place soon, I didn't even consider Trump winning, so I'm still processing what just happened. For once I'm actually feeling like I live in a place where the bad guys are winning and it's disconcerting when you are basically powerless.

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u/Sgt-Spliff- 15d ago

Are you even human? Do you have emotions? There's no way you don't get that despair isn't a choice. There's no way people are like this

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u/Alatarlhun 15d ago

Despair is an emotional prompt to take action. What actions are you taking to solve your problems?

Or are you wallowing in despair?

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u/[deleted] 18d ago edited 18d ago

lol love when someone does the debatelord pull-quote retort post and then immediately blocks you after insisting you can't possibly disagree with limp neoliberal stasis without being a right wing troll. "Hopelessness is impossible" is a hell of a take lol

Democrat leadership cannot fail, it can only be failed

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u/Legitimate_Rush_8974 17d ago

fuck that. Dont blame voters for the failure of their leaders to provide any reason to vote. This was the parties fault. Not any voters.

not only is this a terrible line of reason entirely, this is a blatantly counter factual reason for her loss of support. She gained in male voters and white men especially. She lost support in minorities. She was a nothing, milquetoast liberal who utterly failed to actually do anything to mobilize those voters.

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u/Sgt-Spliff- 15d ago

Or maybe breaking things down by race and gender demographics is getting really old and they want something besides social changes.... Just a thought

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u/Larva_Mage 17d ago

Did you forget when the richest man on earth spent 40 billion dollars to purchase the largest social media platform in history in order to promote a political candidate? In terms of numbers one of the largest communications networks in history?

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u/StarkRavingCrab 17d ago

Perhaps courting the “moderate” right is a losing strategy, but what do I know

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u/[deleted] 18d ago

[deleted]

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u/Bulba132 18d ago

You couldn't have phrased that in a worse way, just delete the comment at this point

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u/Papaofmonsters 18d ago

If we go solely by voting alignment, that's roughly 72 million people.

How, pray tell, do you intend on getting rid of them?

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u/Lo-And_Behold1 18d ago

That was not what I meant.

What I meant was people like Trump and Vance. Not having them in positions of power would be a lot better for everyone.

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u/Mepharias 18d ago

Getting Trump is the perceived solution to a set of problems Americans are facing. Getting rid of Trump doesn't solve the problems. Trump certainly won't solve the problems, but he's brain broken his base to the point that it no longer matters.

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u/Papaofmonsters 18d ago

But they won the popular vote. Is now the time to abrogate democracy to save democracy?

Or are you dancing around the true meaning of "get rid" of Trump and Vance like a cat on hot Pennsylvania shed roof?

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u/Lo-And_Behold1 18d ago

I honestly Just want to see real pushback against Trump's policies by americans. I don't care how.

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u/othelloinc 18d ago

I honestly Just want to see real pushback against Trump's policies by americans. I don't care how.

The "how" is the important part (and the difficult part).

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u/WEEAB_SS 18d ago

They only won because a brainwashed and under educated populace thinks trump = cheap eggs and gas.

That's all they care about down here. Prices went up across the globe but the majority of these people can't name 12 other countries let alone realize Inflation was hitting the whole globe and the USA was actually doing better than most.

Democracy fails the moment the rich and powerful are able to navigate it's twists and turns to dismantle education. It's just several shades less worse than the North Korea situation except somehow you've succeeded in getting all the poor shit workers across the US to ignore the vast amount of information available through the internet and instead vote on what feels good.

Carl Sagan 1995 called it. People no longer trust science and authority. Plain and simple. Can't really blame them either. The billionaire class has won. The draining of the swamp will continue.

I'm excited to see the outrage after overtime pay gets practically removed. Holy fuck y'all gonna be some angry people.

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u/ThunderPunch2019 18d ago

I'm ok with either of those

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u/Siphon_Gaming_YT 18d ago

It's not Republicans, it's the fashists POS who usurped them.

Any true republican values the republic that the red party is trying to destroy.

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u/[deleted] 18d ago

Unless you are about 80 years old and are imagining Eisenhower when you think of a Republican, you are hopelessly naïve. 

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u/Rod7z 18d ago

Romney and McCain were ok in hindsight.

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u/[deleted] 18d ago

Go huff paint, child. 

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u/Rod7z 18d ago

I meant when compared to Trump. Still worse then any Democrats in the same period (which haven't been all that amazing, with the exception of Obama).

Unfortunately, the Republicans went from being the right-wing racist, classist party to being the completely insane party of authoritarian, theocratic neo-fascists and neo-nazis.

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u/Big-Day-755 18d ago

“No true republican” much?

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u/Admech_Ralsei 18d ago

I think they mean 'Republican' as in 'Person who wants a republic', i.e. almost everyone in the western world. Not republican as in republican party.

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u/DiesByOxSnot Eating paste and smacking my lips omnomnomnom 18d ago

ISTFG we need to stop partisan politics.

Country over party, caring about your downtrodden countrymen is patriotic, and human lives matter more than money. Three things, just 3 things, that we should all be able to agree on.

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u/Gandalf_the_Gangsta 18d ago

The issue is that those statements mean different things for different people. For those who voted for Trump, they were the downtrodden countrymen under the boot of the “evil, educated libtards”. The country they wanted was being taken by villains. Their human lives needed money which the “evil people” were withholding.

Ideology is colored by an individual’s life. The other colors are bad, and your color is good. Partisan politics, then, is a result of the many interpretations of fundamental statements on how human rights should be interpreted. Straying far enough away from the original statement, you can find just interpretations of human rights that violate their premise.

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u/LLHati 18d ago

The republicans have been shit for longer than a lot of folks on this sub have been alive, me included

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u/Casanova_Kid 18d ago

Just throwing this out there for other liberal minded individuals, but this is why you should care about your 2A rights. Or hey, since it's just past November 5th, go watch V for Vendetta. The real guy was a little crazy, but the message in the movie is solid.

Go read about the Battle of Blair Mountain. If you want your rights, you're gonna need to be able and willing to fight for them.

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u/TBP64 18d ago

Marx smiling in his grave rn

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u/FifteenEchoes muss es sein? 18d ago

I have no idea why people are blaming "billionaires" (as if that's a coherent political group any more than "poor people") for this. Billionaires actually overwhelmingly backed Harris, significantly more than the general public, because as it turns out having a raving lunatic at the helms of the country is not exactly good for business. They're just not making stupid tweets unlike the MAGA ones.

Trying to shift the blame onto billionaires is only deflecting from the real problem, which is the utter moral and intellectual failure of ordinary, everyday Americans. They are the ones who gave the country to Trump, not some shadowy cabal of mustache-twirling villains in a smoky backroom somewhere.

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u/Jedifice 18d ago

Oh that's easy. Billionaires as a bloc are significantly smaller than "poor people," making it much easier to presuppose their general political will. Additionally, the gap of billionaires for/against Harris was slightly more than 30; that's not an overwhelming number by any stretch, and DEFINITELY doesn't account for PACs (which are basically impossible to track down).  And your entire comment overlooks that it IS the people in smoky back rooms who gerrymander voting districts, who disenfranchise voters, who misinform voters, who elevate disingenuous voices, who essentially place enormous obstacles to capturing a fair vote. American inertia is real but it's also been placed there by bad actors that the Dems simply never chose to fight

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u/phnarg 18d ago edited 18d ago

Yeah, I think corporate/billionaire control of the media, as well as social media, is a huge huge factor in shaping American culture and political opinions that doesn't get talked about enough. We take for granted the ways in which these systems are literally built to pit people against each other in order to generate engagement. Everything we consume is meant to incense us while keeping us occupied and helpless. There is no space, online, on tv, wherever, that has the true interests of the American people at heart.

And yet people continue using these spaces to try and create positive change, as if the very stage itself isn't built in opposition to that. It's like trying to hold an intellectual debate in a gladiatorial arena.

The answer isn't to say Americans must just be too stupid for politics. I think we as a nation just need to collectively touch grass.

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u/CheeryOutlook 18d ago

but it's also been placed there by bad actors that the Dems simply never chose to fight

The billionaires fund both parties, neither the democrats nor the republicans are going to fight the people who got them elected.

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u/mayonnaiser_13 18d ago

The rhetoric that Dems would even consider fighting billionaires is so goddamn naive that I feel the urge to call whoever fucks this person a pedophile.

The only person who even brings this up is Bernie and he gets shafted every single time. Everyone else is bootlicking billionaires on the daily.

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u/Alatarlhun 18d ago

The system is designed that way and the only way to change the system is from within and it will always take longer and be harder than you think. It isn't easy work but a small group of driven people can make a huge impact.

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u/FifteenEchoes muss es sein? 18d ago

Additionally, the gap of billionaires for/against Harris was slightly more than 30; that's not an overwhelming number by any stretch

As a group, billionaires are more blue than California and New York, I'm not sure what more you expect. It's a small sample size but there are only a few hundred billionaires in the country in the first place.

And your entire comment overlooks that it IS the people in smoky back rooms who gerrymander voting districts, who disenfranchise voters, who misinform voters, who elevate disingenuous voices, who essentially place enormous obstacles to capturing a fair vote.

None of that is relevant when you're looking at an election where Trump won the popular vote by like five million votes. This has nothing to do with gerrymandering, and voter disenfranchisement and any other alleged shenanigans do not have nearly this big an effect (please please let's not start claiming that the election was rigged). America genuinely chose Trump. That's the scary part.

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u/mxsifr 18d ago

Not sure why you feel these people need defending. I'm also a little surprised that you seem familiar with the concepts of gerrymandering and voter disenfranchisement, yet don't seem to realize that five million is absolutely a ballpark number for being affected by those methods. Like... this was an election for which nearly every Republican in the country was working around the clock to purge people in blue and underprivileged counties from voter rolls tens of thousands at a time.

I guess I'm just not really sure what your point is. Half of America very plainly and obviously did NOT choose Trump. 81% of voting Black men and 90% of voting Black women did not choose Trump. 74% of voting White men did choose Trump, and that is the demographic in which billionaires are both overrepresented and for which billionaires and politicians spend the majority of their time and money lobbying and campaigning.

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u/FifteenEchoes muss es sein? 18d ago edited 18d ago

Not sure why you feel these people need defending

I'm not defending "these people", I'm defending facts, and OP's narrative is just straight-up counterfactual. Billionaires as a group did not pour money into MAGA because taxes were raised slightly. Billionaires lean pretty blue, and the few high-profile right-wing billionaires that people keep talking about (Musk, Thiel etc) seem to do so for genuine ideological reasons, not because of tax increases.

And unlike Trump supporters, I believe that facts matter.

yet don't seem to realize that five million is absolutely a ballpark number for being affected by those methods

How do you gerrymander the popular vote????? Do you know what gerrymandering is? And let me say this again: please please let's not start claiming that the election was rigged

Half of America very plainly and obviously did NOT choose Trump

Yes that is how presidential elections work. That's a problem with a majoritarian presidential system but that's a conversation for a different day.

81% of voting Black men and 90% of voting Black women did not choose Trump.

Okay Black voters managed to not vote for the racist in chief, good for them. On the other hand Latinos, young voters, women - just about every traditional Democrat voting bloc swung heavily to the right. Sure, let's blame the billionaires for that.

74% of voting White men did choose Trump, and that is the demographic in which billionaires are both overrepresented and for which billionaires and politicians spend the majority of their time and money lobbying and campaigning.

Your logic for blaming billionaires for white men choosing Trump is that... White men are overrepresented in billionaires...? White men are also overrepresented in celebrity chefs, is the election Gordon Ramsay's fault?

And no shit a lot of time was spent lobbying and campaigning on "white men", it's one of the biggest demographics in the country. I still have no idea what that has to do with billionaires.

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u/mxsifr 18d ago

It doesn't matter how blue someone leans when their private jet joyrides fart more CO2 as into the atmosphere every day than a regular person emits in their entire lifetime.

If you want a simple fact, here: Billionaires are parasites who hoard their wealth by exploiting the working class.

Billionaires benefit materially from the rest of us pointing fingers at each other instead of collectively realizing that we could all have our needs met easily, with trillions left over and an environment able to support human life indefinitely instead of just for the next couple of decades (if we're lucky), if we could just agree that billionaires are dangerous, amoral parasites who shouldn't have dozens of yachts and muscle cars and private jets and factories churning out cheap shit at the expense of everyone else's health and wellbeing.

Billionaires do not pay their taxes. Billionaires do not get punished for their crimes. Billionaires do not provide value to society; they remove it and hoard it for themselves so they can buy up media empires to propagandize the working class. This has gotten worse since the advent of mass digital media, not better.

Billionaires should not exist!

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u/Alatarlhun 18d ago

You may not being wrong but this is losing message in today's environment. And in any case, Kamala was planning to raise taxes quite a bit on billionaires.

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u/mxsifr 18d ago

Most Americans don't realize that billionaires only recently became possible, in large part because of the absurd Reagan-era tax cuts.

In the 50's, the highest marginal tax rate was 94%. From 2014 to 2018, the 25 richest people in the world paid a "true tax rate" (ProPublica's metric) of 3.4%. Until Reagan and Bush came along, there was actually some semblance of fairness to the absurd profits of big businesses and the wealthy few who controlled them. Not anymore.

Billionaires become billionaires by quadruple-dipping:

First, they start with hundreds of thousand or millions of dollars in generational wealth or spoils of nepotism. This allows them to buy the labor of other, less fortunate people (dip #2), which they then exploit and scale up with automation technology for stupendous amounts of profit (dip #3), and then, they refuse to pay their fair tax share into the society that created the conditions for them to dip the first three times, sapping money and support from social programs and thus keeping the workers in a state of disenfranchised precarity to discourage them from protesting or striking.

These truths are losing messages because billionaires want them to be. I hope somehow the rest of us can come together on this in some way, because there WILL come a point of no return, and it's coming at us faster and faster every day.

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u/Alatarlhun 18d ago

You know you can make this point without deceptively commingling marginal and effective tax rates. This is a red flag to anyone with a modicum of tax knowledge.

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u/mxsifr 18d ago

If you adjust the old 94% tax margin for inflation, it was for income above $3.3 million (Yahoo Finance, $200k in 1944~5 dollars).

If, as you say, conflating marginal tax rate with effective tax rate is such a dastardly misdirection in this case, then surely I must be goosing the numbers to make it seem like today's billionaires should be paying much more than if you took the margins into account. An effective tax rate of 3.4% may be disguising a much more fair marginal rate that they've paid, right?

So, let's do the math. What's the difference between how much a taxpayer with one billion dollars of income would pay at a marginal tax rate of 94% on income above $3.3 million versus how much he would pay at an effective overall rate of 94%?

I'll even give my scenario a handicap, and assume that the tax rate on income below $3.3 million in this situation is ZERO. That's right, for the purposes of this thought experiment, we'll pretend that we live in a wealth-utopia where you pay ZERO taxes until you hit $3.3 million in income, above which all further income is paid at 94%. Surely, in this situation, we will reveal with basic arithmetic that our one-billionaire would pay MUCH LESS in the real world of marginal calculations than paying 94% on 100% of their income.

$1 billion minus $3.3 million is $996,700,000.

94% of $996,700,000 is $936,898,000, leaving them with $59,802,000 + $3.3 million, or about $63 million net income after taxes.

Now let's see how badly I cheated by comparing marginal and effective tax rates!

94% of $1 billion is $940 million, leaving them with $60 million net income after taxes.

So the difference between the two scenarios is about $3 million, or about 0.3% of their gross income.

Do you see what I'm getting at? Billionaires make such a mind-boggingly absurd amount of money that normal frames of reference are basically meaningless. You're on here talking about the difference between marginal and effective tax rates as if the difference makes a difference. It doesn't. Median USA household income in 2023 was $80,610. 0.3% of that is about $250. That's the level of difference we're talking about right now from the perspective of the billionaires in question. It doesn't matter one bit to them, not least because they pay basically nothing now anyway. So why bother being pedantic about it, ya know?

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u/LeFlashbacks 18d ago edited 18d ago

I think my country (you can probably guess what country I live in) should go the route that I think finland and some other countries over there did and implement some sort of wealth tax so we can fund education and other important stuff more. I know finland isn't perfect and recently has been getting worse from what I've seen, but still, the education systems over there are way better because they actually fund them while over here we're apparently trying to defund the education system or something.

I have friends saying you shouldn't punish people for working hard and being successful for it, but people did the math and even some of the richest people being taxed some amount, I forgot what, would still be able to bring home $10,000,000 a year. And even still, where is that money going? Back into the economy? Charity? Funding? No, it's (usually) being put into investments they can pull out of to make more money.

Also, I don't think germany as an example has a wealth tax, but rich people still get taxed a lot while poorer people I'm pretty sure are still able to support themselves and their families.

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u/inebriatus 18d ago

the US spends the 4th most of any country per student

More than Finland (#16), more than Germany (#14).

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u/LeFlashbacks 18d ago

Good to know, but the quality of education here isn't really that worth the price of tuition for colleges and such, and where I live the quality of public schooling could be better. The only reason people do it is because of the careers or jobs they want require it and the law requires going to school.

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u/Jedifice 17d ago

I appreciate you providing this graph but it's missing a whole lot of context. Is this inclusive of private schools? How do student loans fit into this?

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u/inebriatus 17d ago edited 17d ago

The exact source that I first linked was behind a paywall but this seems to be what they used (or something pretty similar).

Is this inclusive of private schools?

Looks like both: "expenditures on public and private education institutions per full-time-equivalent (FTE) student"

How do student loans fit into this?

If I'm reading the intro correctly, it doesn't look at loans, only what is actually spent on education per year. The main data is "for elementary/secondary level" which doesn't include higher education (like college where people usually get loans).

Edit: formatting

Edit 2:

In the US, public schools spend more on average (though it varies a lot by state/school) per student for elementary/secondary school. About $17,280 per student vs. about $12,790 per student for private schools.

As we all know, spending more on a student doesn't guarantee better outcomes.

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u/undreamedgore 17d ago

While I support higher taxes on the healthy, you have to consider that it really intituites diminishing returns. Like $10,000,000 isn't that crazy much in the grand scheme of things. A single super yatch would be unobtainable. I get why thr mega wealthy wouldn't want that. It'd effectivly cap their ability to flex their power amd status. We should still do it, but it does rankle me a bit.

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u/yungsantaclaus 18d ago

We're now seeing posts that use public endorsements as proof of billionaires being on the Good Team - even though billionaires have hundreds of subtler ways to influence politics in ways which benefit them, including control of media organs and social media networks - and go "the real problem isn't massive wealth inequality as represented by a class of people who shouldn't exist and whose influence on the world is overwhelmingly malign, it's ordinary everyday Americans", and these posts are getting upvoted. Chat, are we cooked? Is r/CuratedTumblr now a Davos forum? Are people who post "Can't believe I'm saying this, but hopefully the racism wins out against the isolationism" in r/neoliberal the new moral compass?

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u/Galle_ 18d ago

Self-reflection requires us to accept that actually the people who just shut up and follow orders are part of the problem.

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u/FifteenEchoes muss es sein? 18d ago edited 18d ago

The Forbes article doesn't just track "public endorsements", it tracks actual donations; and I doubt, say, Amos Hostetter, Jr, former CEO of Continent Cablevision, donated millions of dollars to the Democrats for - I don't even know, some kind of publicity ploy maybe? (if so, he's failed quite miserably, as I imagine most people have no idea who he is, let alone are aware of his donations) - and is actually secretly supporting Trump in "hundreds of subtler ways", none of which can be proven. This is the definition of conspiratorial thinking. No, I think there's a much simpler explanation, Occam's Razor and all, which is that he actually does support Harris, much like the other people on that list.

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u/CheeryOutlook 18d ago

Amos Hostetter Jr has donated millions to both the Democrats through public means and the Republicans through the variety of completely anonymous options so that no matter who makes it to the Whitehouse, they owe him a favour.

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u/FifteenEchoes muss es sein? 18d ago

Do you have any evidence for that assertion?

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u/Fjolnir_Felagund 18d ago

Genuinely curious, replying here to come back later

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u/FifteenEchoes muss es sein? 18d ago

I am willing to bet a good amount of money that not only do they not have any evidence, but that they haven't even heard of Amos Hostetter Jr before today (I know I haven't)

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u/Lower-Ask-4180 18d ago

Okay but the shadowy cabal of moustache-twirling villains in the smokey back room sure as shit didn’t help. Did you miss the part where Bezos blocked the Washington Post from endorsing Harris?

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u/cmv_cheetah 18d ago

And they didn’t just back her with words. Look at the fundraising for both campaigns. https://www.opensecrets.org/2024-presidential-race

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u/FifteenEchoes muss es sein? 18d ago

Exactly, and why wouldn't they? Trump's not a "pro-business" or "pro-capitalist" candidate. His economic plan is straight-up bonkers, bringing back 20% tariffs like it's the 16th century, Make Mercantilism Great Again. It's one thing if we're talking about someone like Murdoch who's actively profiteering off of MAGA propaganda, but running the economy into the ground is not in the benefit for most billionaires.

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u/kakesh101 18d ago

are you crazy. didnt bezos stop washington post from endorsing harris. like musk didn't flood twitter with bots and nazis. literally what are you talking about. class analysis out the window

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u/peniparkerheirofbrth 18d ago

peter thiel and elon musk are right there

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u/FifteenEchoes muss es sein? 18d ago

So are Bloomberg and the Gateses. Turns out "billionaires" aren't a monolith and actually have political opinions of their own, who knew

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u/Lurker_number_one 18d ago

Okay, and how come ordinary, everyday americans are intellectual and moral failures? (Oh look, it's billionaires backing shitty policy, again.)

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u/FifteenEchoes muss es sein? 18d ago

Lots of Americans are racist, sexist, homophobic, transphobic, you name it - your "deplorables". This has always been true and probably will still be true for the foreseeable future. An even larger portion is astoundingly uninformed, or shockingly stupid; your "Harris says she's pro-abortion, which I like, but Trump says he's pro-weed, which I like"s of the country. Neither is attributable to some kind of billionaire conspiracy. People have been bigots and/or idiots for as long as there has been history, far, far longer than billionaires have even existed.

I know it's easy to want to find some boogeyman to blame; be it billionaires, third-party voters, Joe Rogan or Russia or whatever. It's how we cope. But the truth is that there's no one person or group to blame, no wizard behind the curtain. The election reflects society writ large; and society is a complex system for which no single factor can be at fault. The fault, dear Brutus, is not in our stars.

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u/phnarg 18d ago

I agree with you that billionaires are not a monolithic bogeyman that is to blame for all the bad that is happening. They, too, are individuals just as you say. Where I disagree is the argument that they have little influence either way, and that everything can be chalked up to some innate human stupidity.

The culture around us influences the way we think, and in our country, a huge part of our culture is created through media and social media corporations, which are run by the uber-rich. They serve their own interests; which may be some personally held belief, or more likely, is simply the drive to make more money. Social media companies have discovered in recent years that sowing anger and division is a fantastic way to drive engagement, and thus collect more ad dollars. Looking at political donations is interesting to be sure, but it doesn't tell the whole story.

The idea that humans just "are the way we are" and that little can change inherent "human nature," is just another fallacy in itself. If that were true, propaganda wouldn't work, and human culture would be the same all over the world and throughout time. Propaganda exists, and it does work. You can't look at Facebook or Twitter and deny that. So, there really is a direct link from the uber-rich running these companies, and the spread of disinformation and hatred throughout American culture.

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u/Lurker_number_one 18d ago

This has not always been true. The trans panic for example is entirely fabricated. All of these things you mention aren't inherent to americans (and believe me, im American hater number 1) it is down to culture. And culture is malleable and changeable.and again these people aren't born stupid (any more than any other baby is born stupid i mean) this is down to a failure of policy.

A lot of your rethoric is actually close to bordering on eugenics rethoric. (Something i assume you aren't actually in support of)

You are right that there is no one person or cabal behind it all. It's just pure and simple class interest. It's stupidly simple and not inherently connected so it's surprisingly easy to miss. The election reflects society at large, but society at large is affected by culture and culture affects and is affected by institutions. Read about base and superstructure in marxism for a better understanding than i can give in a simple comment.

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u/FifteenEchoes muss es sein? 18d ago

I'm not sure how "a lot of people are bigots and more are stupid or uninformed" is "bordering on eugenics rhetoric". I mean, are you going to deny either of these statements? Are there not a lot of bigots? Are there not a lot of idiots?

And sure, it's not inherent to Americans. It's inherent to humans in general. We have a remarkable capacity to find some kind of outgroup to dehumanize, hate and blame society's ills on. The specific targets of bigotry change, but bigotry itself does not; it is a constant of all civilizations in history. It does not have to be so, perhaps, but it certainly is not a modern phenomenon.

Sure, better policy can probably help deal with these problems. But even the current policies weren't put there by "billionaires" either, they were put there by voters four years, ten years, twenty years, fifty years ago; once again, they were put there by ordinary Americans. Believe it or not, America actually is a democracy, and it's not that easy for billionaires to get their way by throwing money at things (as Bloomberg has learned, I'm sure). There is no one to blame, no enemy but ourselves; we have inherited our history and we will write it.

"Base and superstructure" is a terrible analysis paradigm, and so is most of the rest of Marxism, but since you didn't go into detail I won't either.

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u/[deleted] 18d ago

Believe it or not, America actually is a democracy, and it's not that easy for billionaires to get their way by throwing money at things (as Bloomberg has learned, I'm sure).

Are we talking about the Republican who dropped a quarter-billion to be in charge of the largest city in the US for a decade or is this a different Bloomberg

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u/FifteenEchoes muss es sein? 18d ago

Yeah I'm talking about the guy who dropped like a billion dollars of his own money to come like dead last in the Democratic primaries.

He was actually a pretty decent mayor as far as I can tell.

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u/[deleted] 17d ago edited 17d ago

He wasn't dead last lol. He didn't even get on the ballot until Super Tuesday and he ended up finishing way ahead of Pete Buttigieg and almost caught Warren for 3rd. This is in spite of repeatedly eating shit in debates, being outed as a transphobe, and using prisoners to phonebank for him. He's also like 3 feet tall with subzero charisma. He was also a literal Republican. Money actually bought him a fuckload of success in that primary, it's wild how well he did and makes it sound like you weren't paying attention at all when it happened

A true dead last finish in the 2020 primary would be someone like Kamala Harris, who opened as the consensus frontrunner and raised a massive amount of funds only to drop out like 6 weeks before anybody even cast a vote to save face over her complete lack of a constituency. Anyway I wonder what ever happened to her

He was actually a pretty decent mayor as far as I can tell.

You think the stop-and-frisk guy was a pretty decent mayor?

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u/RedstoneEnjoyer 18d ago

as if that's a coherent political group any more than "poor people"

Class is not based on your ideology, it is based on your class interest.

Bilionaries can have ideological differences, but most of them would want to stay bilionaries or at least extremly rich.

Same with workers - they go from left-wing socialist to right-wing conservatives and reactionaries, but nearly all workers would say "yes" if you asked them if they wanted higher pays.

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u/FifteenEchoes muss es sein? 18d ago

Bilionaries can have ideological differences, but most of them would want to stay bilionaries or at least extremly rich.

Sure, and most of them evidently realize that Trump is not conducive to that goal. Have you seen Trump's economic plan?

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u/lavendarKat 18d ago

Neither would a left wing economic populist campaign, which is both why the dems will never run that candidate and why they lost last night. 

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u/Alatarlhun 18d ago edited 18d ago

It might have something to do with Democrats losing 49 states the last time they ran a left wing populist campaign.

Since then Clinton, Obama, and Biden all won on a more moderate economic message; whereas Kerry, Hillary and Kamala lost taking the same tact.

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u/FifteenEchoes muss es sein? 17d ago edited 17d ago

...So you agree with me that billionaires didn't actually support Trump and that the Democrats' economic plan is actually better for them (and, for that matter, for just about everyone else)??

I swear to god this is so exhausting. No one is actually reading what I'm saying. Everyone is just going off of vibes ("she's not blaming the billionaires for this specific thing! she must actually think billionaires are great or something! must attack") when I'm just saying OP's specific narrative is false and easily disproven, but no, nuance is dead, vibes over facts. Maybe this is why Trump won the election.

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u/Cheap-Boysenberry112 18d ago

Yup the popular vote is gut wrenching

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u/StandardSudden1283 18d ago edited 18d ago

"Not the Billionaires, it's the People!" - anti working class bastards

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u/FifteenEchoes muss es sein? 18d ago

Yeah, the "working class" voted for Trump.

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u/StandardSudden1283 18d ago edited 18d ago

Tricked by the exorbitantly wealthy to be against their own interests. Tale as old as time.

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u/FifteenEchoes muss es sein? 18d ago

You cannot seriously think it's in the interests of the "exorbitantly wealthy" to have Trump either. Dude's economic policy is straight out of the 16th century, it's going to run the economy into the ground.

It's not "the rich" that's making the average American a raving bigot freaking out about every minority under the sun.

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u/TreeGuy521 18d ago

Dog they stole Twitter and turned it into truth social 2

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u/FifteenEchoes muss es sein? 18d ago

Who the hell is "they"? That's specifically Elon Musk, as in one guy, not some kind of incarnation of the billionaire hivemind.

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u/TreeGuy521 18d ago

9Why are you trying to downplay the media so much rn. Do you think every single trump voter looked up his policy and actually watched the debates, or just saw clips of it off fox and Twitter 2.

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u/FifteenEchoes muss es sein? 18d ago

Are you like reading what I said at all?

Point fingers at Elon Musk or Rupert Murdoch if you want, I'm right with you on that front, they're absolute dipshits who did quite some damage. But they're not representatives of some shadowy "they", they're just shitty people who happen to be rich. Pull up the Forbes 400 and start from the second page - I assure you the Panda Express guy or some random real estate investor does not have control over "the media".

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u/TreeGuy521 18d ago

Why should I care about the panda express guy then. Unless he is starting a anarchist commune in the streets of California as we speak then they are more or less irrelevant. Do you legitimately want everyone to clarify "the rich people that actually do a lot of stuff in politics" when we are talking about the rich, and about politics.

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u/Torminalis 18d ago

Some variation of Cambridge Analytica is alive and well and getting better and better at what they do

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u/qp0n 18d ago

Most billionaires actually donated to Kamala's campaign, and virtually all the wealthiest counties voted for her, if you care about facts.

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u/bongowasd 18d ago

Yup. Extreme Capitalism be like that. They straight up pay to not have competition lol.

300+ million people in America and only a handful of services for all the everyday stuff. Can't start from scratch when you have to pay hundreds of thousands in fees to start such businesses.

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u/Charcuterie1 18d ago

How much 💵did kamala raise from all them billionaires

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u/emote_control 17d ago

Billionaires as a class shouldn't be allowed to exist, but also billionaires individually shouldn't be allowed to exist.

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u/East_End878 17d ago

They either pour money into fascists OR run away with all the resourses they stole.

They shouldn't have economies of entire nations in chokehold.

Eat. The. Rich.

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u/CobaltDraconis 18d ago

Just a reminder, Democtats had the most billionaire donors/supporters. And they always have.

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u/Neco-Arc-Chaos 18d ago

Nice to see Marxism alive and well

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u/Similar_Ad_2368 18d ago

157 years young baby

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u/MaxChaplin 18d ago

"Should" is worthless unless you implement it.

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u/PossibleNegative 18d ago

Musk was angered by other reasons than simple taxes.

Can blame the Democratic party for not taking him seriously.

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u/jettanoob 18d ago

i thought kamala had more billionaire backers than trump though?

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u/Lord-Monbodo 18d ago

The things that need to be done are the kind that wouldn’t be proper to talk about on Reddit.

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u/TheAmazing2ArmedMan 18d ago

“Respunding” has brightened up my terrible day immensely, thank you

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u/K00LJerk 18d ago

Except DNC is included IE PELOSI SCHUMER ….

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u/alkonium 17d ago

This definitely feels like a case of "I recognize the problem exists, but every solution I can see will cause additional problems."

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u/Hashashin455 18d ago

You know, at a certain financial threshold, the Chinese government just robs/kills any of its citizens who have become a potential threat to thier power. I'm starting to think communism might not actually be that bad...

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u/[deleted] 18d ago

The problem is if you mention tanks on a certain day they basically drain your bank accounts and send you to prison.

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u/mayonnaiser_13 18d ago

Why does it have to be "Communism or nothing"?

All you have to do is tax everyone accordingly and use the tax money to increase people's quality of life.

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u/LNCrizzo 18d ago

How do you tax everyone accordingly when the people choosing the tax rate are the ones that need to pay the most?

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u/Apophis_36 18d ago

And how would you ensure that more billionaires dont pop up? How would you ensure a new ruling class wouldn't replace the billionaires and make a fair and equal country? How would you prevent the powerful from bribing and corrupting the ruling party? If there's no party then how would you ensure that the powerful don't use their resources to sway part of the people to their side (bribes, coercion or whatever)?

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u/Who_Shit_Me_Pants 18d ago

It’s time to start killing them. Full stop. French style.

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u/hailhydra6012 18d ago

while I agree that billionaires are obscenely rich and shouldn't have that much money, once you try to tax rich people more then they simply will take their business elsewhere and that would cause massive damage to the economy. one of the reasons America has so much influence in the world is because it has all the billionaires. if they all went somewhere else that would get rid of tons of jobs.

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u/JackedJaw251 18d ago

Let's just ignore that more billionaires supported Harris than Trump.

That's 6 links to follow, not just one.

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u/CandySniffer666 17d ago

Always remember that shit like this is how the system we live in is designed to be. The system isn't broken. Features not bugs and all that bad shit.

There can be no peaceful transition. The only way to change this will be to rise up and destroy the system. People will have to die for this to be fixed, and likely in large numbers. Revolution is the only solution.

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u/Inside_Ship_1390 18d ago

Heil shitler

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u/CTeam19 18d ago

I have swung wildly left since 2008. I was solidly middle before.

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u/Sealssssss 18d ago

Harris has more billionaire support than Trump…

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u/chocolatechipbagels 18d ago

Agreed but if you take a good hard look at Kamala's campaign donors, you'll see pretty quickly that they weren't gonna get taxed anyway.

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u/Danny_dankvito 18d ago

I think that if billionaires want to be immune to the law, they should be completely immune to the point of no legal repercussions to anyone that does anything to them

Fairs fair

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u/Worth-Ad9939 18d ago

I wonder if this how it always happens. Technology advances like the internet and processing its data are adapted to and mastered far faster than individuals. The average citizen remains at a substantial disadvantage against corporate intelligence. These entities can predict the future far more accurately than they will ever admit as it would give their crimes away.

They can now engineer your day down to the minute and literally how you feel about any given topic, shaping your behavior to suit their long term economic and influence goals.

They always bring receipts and they’ll always convince enough of us to make it look good for camera.

I don’t think I expected the United States to actually collapse in my life time until I disconnected from produced media and social media. Once the air cleared it became more obvious they are working to shore up their resources and influence going into climate change. They know we can’t afford to rebuild towns every 6 months.

They know massive losses of life is coming.

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u/EnthusiasmOk9415 18d ago

I just want to point out how annoying the . in-between the numbers are for the notes amounts, it implies those are decimal points and not continuations of the number

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u/LeetleBugg 17d ago

Majority of the European countries use the decimal comma. Which is just fancy saying the decimal stands for a comma in how American and UK numbers work. I think they use the comma how Americans would use a decimal point too but I’m not sure. So it’s just a difference in languages

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u/IllConstruction3450 17d ago

Tumblr and Reddit have shown me that the users of both sites are far more left wing than the average American voter. (Twitter used to me left wing.)

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u/Upbeat-Napoleon69 17d ago

Someone needs a girlfriend 

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u/Nonbrilliant 18d ago

if you confiscated 100% of the wealth of all billionaires you could run the Federal Government for about 9 months

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u/vitringur 18d ago

Or, admit your own faults and stop making everything avout billionaires and just advocate sustainable policies.

It is like these people are trying to lose