Billionaire Tax Calculator

How much tax would you pay if you paid it like billionaires?

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Based on the groundbreaking research from Forbes and ProPublica, this calculator lets you Muskify, Bezosify, Bloombergify, and Buffettify your taxes. To show you how badly the American tax system is broken in favour of the super rich.
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What do you think? …

Saksham Sharda
Maker
How much tax would you pay if you paid it like billionaires? Based on the groundbreaking research from ProPublica and Forbes, this calculator lets you Muskify, Bezosify, Bloombergify, and Buffettify your taxes. To show you how badly in need of reform the American tax system is.
Jack Gale
@sakshamsharda yeah there has to be a way the tax system needs to be reformed to include wealth tax.
Aleks Bochkov
@sakshamsharda Interesting!
Kiril Gantchev
@sakshamsharda Why is the tax rate calculated based on their wealth growth not based on their reported income?! I just saw the ProPublica article[1] and this part is really confusing. Is it appropriate to assume that wealth growth (unrealized gains) is the same as income? [1] https://www.propublica.org/artic...
Shanon Walsh
wait...isn't warren buffet the guy who keeps saying tax the rich more...and yet he pays alsmot no tax?!?!
Jack Gale
@shanonnnwal exactly!
Angela Powell
@shanonnnwal @jack_gale2 I'm still not over the buffet reveal. he's a machiavellian par excellence.
Aeaesh
@shanonnnwal @jack_gale2 @angela_powell1 even Buffet's response in the original ProPublica article is quite 'yeah I don't pay any tax, but I'd like to'. he literally could pay more tax if he wanted, he just doesn't...
y2340j9g12j309t21rt
@shanonnnwal Most of those ultra-rich guys being pro-taxes is all about them being pro-taxes on the super-wealthy (one level below them) so they won't raise to their level. Kind of all about keeping their position. Most very rich people don't pay taxes so tax increases almost always go after the smaller businesses instead. That's why I believe in low + fair taxes no matter what rich non-tax-payers say.
Tawina
is this related to Anonymous threatening Elon Musk that they're going to fire at him? The timing of the ProPublica/Forbes article is quite close to the anonymous threat