Rep. Ro Khanna (D-Calif.) has stood firm in his support for a billionaire tax, despite threats from some of the state’s wealthiest residents to leave if the tax is implemented.Khanna Defends Billionaire TaxKhanna took to X to defend his stance on the billionaire tax, which would tax California residents whose net worth exceeds $1 billion at up to 5% of their assets. Those with at least $20 billion in assets as of Jan. 1, 2026, would face a one-time tax of $1 billion.He noted that within a 50-mile radius, hi ...

Market Analysis - Any "going after Wall Street" will be purely theatrical [1] - The author believes that any actions targeting Wall Street will be for show only [1] - The "1%" is needed for a specific agenda [1] Wealth Distribution - Societal wealth is concentrated in the middle class [1] - The middle class is described as "comfortable" and "compliant," making them an easy target for wealth extraction [1]

Core Insights - Warren Buffett's net worth is estimated between $139 billion and $142 billion, while the U.S. population is approximately 335 million [1] - If Buffett distributed $100 to every American, the total cost would be $33.5 billion, leaving him with approximately $105.5 billion [2] - The distribution scenario involves hidden costs such as taxes and market impacts, referred to as the "rake" [2] Financial Implications - Buffett's wealth is primarily tied up in Berkshire Hathaway stock, making it less liquid [3] - To access $34 billion in cash, Buffett would need to sell a significant portion of his stock, which is restricted by SEC regulations [4] - Selling too quickly could negatively impact Berkshire's stock price, further reducing his net worth [4] Tax Considerations - Distributing $100 to each American would not incur taxes for the recipients, but Buffett would face capital gains tax of up to 23.8% when converting stock to cash [5] - This tax could amount to approximately $8.3 billion before any distribution occurs [5] Administrative Challenges - Buffett, as a private citizen, lacks access to government databases like the IRS and Social Security, necessitating investment in administrative logistics for distribution [5]

Core Insights - Tesla's stock price has rebounded, but investor concerns about financial performance and future prospects remain, although CEO Elon Musk shows confidence by purchasing $1 billion worth of shares [1][2] Company Holdings - As of September 19, 2025, Musk owned approximately 506.8 million shares of Tesla, representing a 15.71% stake in the company [4] - The stock price on that date was $426.07 per share, valuing Musk's Tesla holdings at about $216 billion, which constitutes roughly 45% of his total net worth of $480.2 billion [4][5] Wealth Distribution - If Musk were to distribute his Tesla shares equally among the estimated U.S. population of 341.2 million in 2024, each American would receive approximately $633 [6][8] - The average U.S. household spends about $590 on utility bills monthly, indicating that the amount received from Musk could cover utility expenses for a month [7]

Economic Impact - Distributing Elon Musk's $381 billion (十亿) equally is impossible and would be a mistake [1] - If everyone received $1 billion (十亿), people would quit their jobs [1] - With everyone rich, no one would work, rendering money useless due to lack of goods and services [2] Labor and Production - Shops would close, making it impossible to buy groceries [1] - Delivery drivers would be unavailable, and pilots would refuse to fly [2]

Core Insights - Jeff Bezos has a net worth exceeding $200 billion, primarily derived from his ownership of Amazon stock [1][3] - Bezos holds approximately 884 million shares of Amazon, valued at around $205 billion, which constitutes a significant portion of his total net worth [3] - If Bezos were to distribute his Amazon shares evenly among the current U.S. population, each individual would receive approximately 2.58 shares, translating to a value of about $670.48 per person at current stock prices [5][6] Company Analysis - The current stock price of Amazon is around $232 per share, which influences the overall valuation of Bezos' holdings [6] - Over the past decade, Amazon stock has averaged a 25% annual return, significantly outperforming the S&P 500 and other investment funds [7] Population Impact - As of the latest data, the U.S. population is approximately 342,441,111, which affects the distribution calculations of Bezos' shares [4] - If only adults were eligible for the share distribution, the number of recipients would be about 305,628,691, resulting in an increased allocation of 2.89 shares per adult [5]