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erronis

(23,565 posts)
Thu Mar 5, 2026, 04:17 PM Thursday

Fortune Magazine, WaPo: Won't Someone PLEASE Think Of The Billionaires?

https://www.wonkette.com/p/fortune-magazine-wapo-wont-someone

Your heart just breaks for them.

Earlier this week, Bernie Sanders and Ro Khanna introduced a new bill that would make this country a much nicer place for everyone to live, at the expense of taxing billionaires 5 percent a year -- an amount that, as billionaires, they could not possibly miss or even notice is gone.

Now, I think this is a pretty great idea. In fact, I think it should be more than that -- both because we need it to fund our country and take care of our people, and because, at a certain point, all that is left to buy for these people is power that no individual person should have.

But over at Fortune magazine, they have a slightly different take, as you may be able to surmise from the headline "Bernie Sanders' billionaire tax would soak about 900 people to fund $3,000 checks for the middle class."

You know, they tried so hard -- what with the "soak" and all -- but it still does not quite tug at one's heartstrings the way I imagine they intended. Largely because of the whole "$3000 check" thing.

. . .

Unsurprisingly, the editorial board of the Jeff Bezos-owned Washington Post, which is now fully in its Breitbart era, was even more critical of the bill, which they hilariously claim "would strangle America's golden goose."

. . .


Lots of examples that the staff/writers at Fortune and WaPo aren't very good at math.
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Fortune Magazine, WaPo: Won't Someone PLEASE Think Of The Billionaires? (Original Post) erronis Thursday OP
This shit gets tiring. How much did Amazon pay in corp. taxes over the last decade? Redleg Thursday #1
What's funny to me is... biocube Thursday #2
Good point. Redleg 21 hrs ago #3
They are once again selling the same old BS PatSeg 21 hrs ago #5
Here's a few great comments from bsky AStern 21 hrs ago #4

Redleg

(6,904 posts)
1. This shit gets tiring. How much did Amazon pay in corp. taxes over the last decade?
Thu Mar 5, 2026, 04:20 PM
Thursday

How much did Bezos pay? The "golden goose" is a bullshit response by Bezos.

biocube

(201 posts)
2. What's funny to me is...
Thu Mar 5, 2026, 04:26 PM
Thursday

we keep hearing from supply siders that corporations always pass taxes onto the consumer, yet they ate the costs of the tariffs and now they want the revenue from the tariffs back.

It's amazing anyone takes GOP economics seriously.

Redleg

(6,904 posts)
3. Good point.
Sun Mar 8, 2026, 04:25 PM
21 hrs ago

Supply-side econ comes back in fashion whenever the right needs some justification for one of their pet policies that can't be justified by other means.

PatSeg

(53,123 posts)
5. They are once again selling the same old BS
Sun Mar 8, 2026, 04:44 PM
21 hrs ago

Think of the poor 'job' creators!!! Most reasonable people have finally figured out the ruse that republicans have been pushing for decades.

AStern

(813 posts)
4. Here's a few great comments from bsky
Sun Mar 8, 2026, 04:35 PM
21 hrs ago

The article's behind a paywall, but it sounds like even Fortune is realizing this situation is untenable.

Shaenon K. Garrity (@shaenon.bsky.social) 2026-03-04T19:51:41.238Z


I love how the language of journalism is being used to almost literally say "won't someone think of the billionaires???". They use 'cruise ship', 'concert venue', and 'high school' to make it sound compelling and relatable, when the reality is more like '900 individual yachts'.

PoutineDragon (@poutinedragon.bsky.social) 2026-03-04T20:39:50.261Z


An extremely brief survey of just the headlines Jake Angelo writes gives me the impression that he shills for rich people, doesn't like AI, and takes people like Trump and Musk at their word. I have no way to corroborate these statements, but my deep journalistic skills have given me much insight.

PoutineDragon (@poutinedragon.bsky.social) 2026-03-04T20:44:48.596Z
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