LogFAQs > #980265673

Nothing will be done about this even with a Democrat super majority (especially with a Democrat super majority) because we had the brilliant idea of tying our retirement savings to the stock market.

CEOs hold onto their stock forever, instead taking out low interest loans they'll never pay back, so line will theoretically keep going up. Forcing billionaires to sell might make line go down and piss off everyone with a 401(k) or IRA. It's the dirty little secret we all share when we claim trickle down doesn't work, because this is trickle down in action.

You could give employees the stock the execs get - what a concept - but they're more likely to sell so, can't have that. We could just say "You know what? Nobody needs more then a billion - tax everything after at 100%" but again, that would destroy the stock market and nobody is going to do that.

So yeah. Insane classism is needed because the S&P 500 demands it.