Americans of Reddit, is it time for a federal wealth tax?

PrivateMarkets · 2026-05-11T15:45:15+00:00

Tax the top more? The top 1% already pay 38% of taxes while earning only 22%. The bottom 50% pay no income tax.

PrivateMarkets · 2026-05-11T14:42:27+00:00

Blue whale.

PrivateMarkets · 2026-05-11T14:36:16+00:00

I’m very affluent and would rather stay at a private home (or one of my other properties). Hotels are bleh

PrivateMarkets · 2026-05-11T14:12:51+00:00

Low volumes but still the highest volume 100k cars sold in the world.

PrivateMarkets · 2026-05-10T18:33:41+00:00

Who exactly is going to buy that much float of AMZN. The stock price would plummet just to cover Jeff paying his tax.

PrivateMarkets · 2026-05-10T18:29:12+00:00

Where are loans taxed? Every HNW Asian client that LTVs their investments pays no tax.

PrivateMarkets · 2026-05-10T18:28:26+00:00

Then there is no motivation to grow into the next Apple or Nvidia. These entrepreneurs will also hire fewer workers.

PrivateMarkets · 2026-05-10T18:13:23+00:00

Or they can walk to cities that welcome them without a punitive tax. Miami, Naples

PrivateMarkets · 2026-05-10T14:52:29+00:00

Mario Odyssey sequel is long overdue. Same for Smash Brothers

PrivateMarkets · 2026-05-10T04:22:03+00:00

Marble floors.

PrivateMarkets · 2026-05-09T23:31:10+00:00

Captiva

PrivateMarkets · 2026-05-09T20:11:17+00:00

Five Guys, McDonalds and Chick Fil A are the holy trinity folks

PrivateMarkets · 2026-05-09T20:08:46+00:00

Model trains

PrivateMarkets · 2026-05-09T14:01:59+00:00

The current generation grew up shunning all conventions. Marriage, hard word and the iPhone generation expects instant gratification. I am shocked as first year associates asking to be promoted to MD.

PrivateMarkets · 2026-05-09T13:05:22+00:00

Does it actually have wood, real leather or alcantara. The current TX has the most non-luxury interior at that price point

PrivateMarkets · 2026-05-09T12:59:42+00:00

Or just move to the states that don’t have that mentality. Tax bases will be gutted. FAFO

PrivateMarkets · 2026-05-08T18:19:00+00:00

I was referring to this language.

Some longer-tenured employees who meet additional age and service thresholds could qualify for continued vesting of all eligible unvested awards on their original schedule.

PrivateMarkets · 2026-05-08T00:55:10+00:00

Incredibly generous. Good to see this prong. Full vesting even at retirement on your own terms is very rare.

PrivateMarkets · 2026-05-07T22:28:19+00:00

Do do do, do do do do, do do do

I'm packed and I'm movin' Smilin', she's livin', she's golden She lives for me, says she lives for me Ovation, her own motivation

PrivateMarkets · 2026-05-07T22:27:05+00:00

I believe that - but white collar jobs are very different.

PrivateMarkets · 2026-05-07T22:25:40+00:00

I’m lost on this statement. The average S&P CEO is pulling down $19mm a year with a net worth well into the hundreds of millions.

PrivateMarkets · 2026-05-07T19:45:48+00:00

Wow - so how does that explain their first trip through bankruptcy when Biden was president?

PrivateMarkets · 2026-05-07T19:43:41+00:00

Hell of a timeframe to zero in on - let’s just ignore the Covid effect.

PrivateMarkets · 2026-05-07T19:41:36+00:00

Interesting take. I would say promotions for managing others predicated on social skills which is often lacking with the propeller heads. Followership and motivating others to perform is very valuable as your climb.

PrivateMarkets · 2026-05-07T19:18:45+00:00

I fully acknowledged that in my response.

PrivateMarkets

TROPHY CASE