• ThisUsernameKillsFascists@piefed.social
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    1 month ago

    Except that the only way you get everyone a baseline income of $75k is by taking it from the billionaires, thus reducing the gap much more substantially

    • ObjectivityIncarnate@lemmy.world
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      1 month ago

      you get everyone a baseline income of $75k is by taking it from the billionaires

      Actually, no. That’s a hypothetical for a reason; the entire net worth of all billionaires combined (assuming a magic wand could convert the net worth figure into an equivalent amount of cash, literally impossible in reality) wouldn’t get everyone to $75k for even a single year.