this post was submitted on 18 Jun 2026
18 points (61.0% liked)
Showerthoughts
42499 readers
470 users here now
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted clever little truths, hidden in daily life.
Here are some examples to inspire your own showerthoughts:
- Both “200” and “160” are 2 minutes in microwave math
- When you’re a kid, you don’t realize you’re also watching your mom and dad grow up.
- More dreams have been destroyed by alarm clocks than anything else
Rules
- All posts must be showerthoughts
- The entire showerthought must be in the title
- No politics
- If your topic is in a grey area, please phrase it to emphasize the fascinating aspects, not the dramatic aspects. You can do this by avoiding overly politicized terms such as "capitalism" and "communism". If you must make comparisons, you can say something is different without saying something is better/worse.
- A good place for politics is c/politicaldiscussion
- Posts must be original/unique
- Adhere to Lemmy's Code of Conduct and the TOS
If you made it this far, showerthoughts is accepting new mods. This community is generally tame so its not a lot of work, but having a few more mods would help reports get addressed a little sooner.
Whats it like to be a mod? Reports just show up as messages in your Lemmy inbox, and if a different mod has already addressed the report, the message goes away and you never worry about it.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Well, what do you think is going to happen to stock prices when billionaires are forced to liquidate over $200B in stocks and bonds a year just to cover their taxes? The only other option is dividends being issued and that would reduce the prices of the stocks as well.
It may bring down the overall numbers, but given the rate of passive growth would still be several times the wealth tax, I see no reason they would disappear or new ones would stop appearing.
Norway as an example has had their wealth tax for over a century. They still have one of the highest rates of billionaires per capita worldwide.
The passive growth for the last 70 years was largely due to governments buying stocks (to prepare for future budget deficits from a population swing) and the population flooding the market trying to get returns and effectively boosting market prices.
If you look over a longer history, you will see that stocks on average did barely better than inflation. And that on average stock prices were close to equal to 4x the annual dividend issued.
Most stocks today have no dividends. It is a game of greater fools.