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Taylor Swift donates $100K to 2-year-old battling cancer: ‘Sending the biggest hug’
(www.independent.co.uk)
this post was submitted on 21 Oct 2025
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If billionaires paid more taxes we could all get healthcare
Doubt it would cover the whole cost, but it would go a long damned way, good enough.
Look at Musk for example. If we taxed him so harshly that he had to sell a load of Tesla stock, TSLA would crash and there would be less to extract from him. Not saying we handle them with kid gloves, but their money isn't our money, isn't cash in the bank.
If we raised taxes across the board, from what Biden wanted, a modest increase for households (individuals?) making over $400K, increment from there, that would probably be enough to do whatever the hell society needs.
This is an interesting point to bring up and bears addressing.
See, the problem with "things being too expensive" is that it's a vicious cycle. Rent is too expensive, which means renters need more money in order to pay their abusive landlords. How do they get that money? Well, they charge more for whatever product/service they provide. Now that's too expensive.
Something has to give, somewhere, and the first place I'd suggest looking is taxing the ownership class into oblivion.
I'm for taxing them to hell and back just to remove their influence. But I still say, there's not that many billionaires in the US and most of that money isn't liquid.
I've heard conservatives argue against many solutions because they're not 100%. NOT where I'm coming from, just saying this isn't a 100% solution.
You have a great point that health care costs could go down. I firmly believe universal health care would accomplish that, then taxing the snot out of billionaires might cover it.
And regardless of the tax money available, there's no reason to not do this thing.