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TkTech 2 hours ago

It's a tiny pittance of what would have been owed had they been taxed appropriately, and seems conveniently timed to bury the news of Dell (via Dell Federal Systems) funding ICE (it's completely erased it from the first page search results for "dell funds ice" in less than 24 hours).

This isn't badass, it's a disgrace. They've hoarded an incredible amount of wealth generated by others and returned a sliver of it. You've been so conditioned to accept this system that you're even grateful for the scraps.

If they gave $100 billion, they'd still have over $51 billion in the bank. That's roughly $7 million a day for every day he's been alive, or enough to feed every child in America for over a decade. Imagine the regional economic stimulus if instead of being hoarded for nearly half a century that money was paid out in salaries to those actually earning that money. _And_ they'd still have billions.

piker 2 hours ago | parent [-]

.

TkTech an hour ago | parent [-]

Can you explain what part of that is "communist nonsense"? Appropriate taxation (and leaving them with billions still even after that)? Or was it feeding hungry children you're against?

America had a tax rate of 91% on the obscenely wealthy for decades and around 70% until the 80s. Reducing this to historical lows has universally, by both bipartisan and nonpartisan[2] parties, been found to have been the primary driver of inequality[1].

At even an absurd 99% tax rate, applied equally instead of tiered, Michael Dell would have $1.5 billion dollars.

[1]: https://publicintegrity.org/inequality-poverty-opportunity/t... [2]: https://sgp.fas.org/crs/misc/R42729.pdf