r/PoursTea Timendi Causa Est Nescire Aug 07 '26

PoliticalTea 🗳️ Eventually something has to give...

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The bill would provide a $3,000 direct payment to every person in households making $150,000 or less during its first year, which equals $12,000 for a family of four.

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u/Eternal2 Aug 07 '26

If we can get that much from 5% we should just make it 50% and solve all our problems

u/ofesfipf889534 Aug 07 '26

Then what happens the next year when there’s no money to take from the billionaires?

u/Capable_Delivery_448 Aug 07 '26

It will not. Billionaires’ net worth is 8 trillion, 5% of 8 is 400 billion. But after they dump their 5% of shares to give tax, then the stock market will crash, which will decrease their net worth more than 400 billion but also trash our retirement.
Bernie’s tweets are just feel-good for people who don’t understand numbers or second-order effects.