this post was submitted on 17 Mar 2026
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Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.
Financial obesity? More like socioeconomic cancer.
It's not just an excess of adipose tissue. It's a malignant tumor, and it's capable of metastasizing. It's already in society's lymph. We're cooked.
Where I live, in Washington state, there isn't an income tax however, finally they're implementing one on people making over 1M/yr. There were people out protesting that definitely don't make 1M/yr. It's wild.
But where would the money come from to pay the tax from billionaires? They don't have cash so they would need to get it from somewhere.
If they have billions of dollars, they're not strapped for cash. They have a whole culture and industry designed around tax "optimization" where they buy private yachts, mansions, paintings, and other "real" assets under shell companies to write those purchases off as "business expenses" to reduce their tax liability. That's why they "don't have cash". Because they deliberately avoid holding cash across fiscal years.
They also have sneaky ways of avoiding capital gains tax by reinvesting dividends in ways that defer taxation indefinitely.
That all needs to change, and the only way to change it is through tax policy.
The only way to defer capital gains taxes should be through certain retirement plans, which are generally used by the working class because billionaires don't need 401Ks. And they still get taxed at the end of term when the money is withdrawn, and they can't be withdrawn from early without a tax penalty.
All these exceptions for billionaires written into the fine lines of the tax code that you need to be able to afford a personal accountant and layers of shell companies in order to utilize needs to go away.
Billionaires have the money to pay taxes; we need to stop allowing them to pretend they don't.
Why should you, I, or anyone care where they get the money from?
A simple answer would be they could sell some of the assets they have which contribute to their classification as a billionaire. If they don’t have the collateral to pay the tax, they’d be able to prove it by no longer being classified as a billionaire, in which case the goal would be achieved with another billionaire being euthanised.