Mark Cuban put his money where his mouth is. He made 300 millionaires out of the 330 employees in one of his earlier companies by giving them stock ownership.
Workers paid by the hour are ‘always going to fall behind, - Cuban

[–] [email protected] 5 points 3 months ago (1 children)

Wow when the billionaires are worried about income inequality you know the shit has gone too far. It's like it's not even fun for them anymore.

Thought provoking article. Thank you got sharing. I certainly don't agree with everything said, but it's interesting to hear a different view.

[–] [email protected] 3 points 3 months ago* (last edited 3 months ago)

I remembered that Cuban was on record for saying & doing this & that link was the easiest to source from because so many people know who he is. I wanted to highlight the deed itself. More recently, was the open letter written by over 250 billionaires & multi-millionaires pleading to be taxed more than they currently are.
As you say, you know it's almost pitchfork levels when the letter, which was read at WEF in Davos, says

“Our request is simple: we ask you to tax us, the very richest in society. This will not fundamentally alter our standard of living, nor deprive our children, nor harm our nations’ economic growth. But it will turn extreme and unproductive private wealth into an investment for our common democratic future.”

According to the article, "Imposing a 2% tax on the world’s billionaires alone would raise almost $250 billion annually"
Question is, why are governments so reluctant to grant them this?