Mark Zuckerberg is reportedly building a $100 million compound in Hawaii — which includes more than a dozen buildings with 30 bedrooms and 30 bathrooms in total. It also includes a a huge underground bunker.
I don’t want to hear that billionaires can’t afford a wealth tax.
They're all prepping their bunkers so they can successfully hunker down when Things Go Off The Rails Entirely. They are emotional teenagers with limitless resources and little to no consequences for their actions ever - to them, life is a videogame. None of us are actually 'real'. It's horrifying.
Could you imagine these geniuses sealing themselves away in an underground bunker for safety, only to find we've cemented them shut, and they're never getting out? They're already in the ground. They're effectively dead at this point.
I guess he will pay some 16% on long term capital gains, and provide for some work for locals. Thanks Mark! (Still not using Facebook or Insta, but captive of WhatsApp)
You can't have obscene wealth without creating poverty. Every single billionaire on this planet accumulated that wealth by siphoning off the profits from the labor of the poor.
I don't think 100mil mansions is the specific target here. The argument is that the ultrarich reinvest their wealth into things that are so profitable to all of us, that if we tax them, they can't afford to do these investments. Clearly that's not the case.