"The Wealth Tax Passed": Nasdaq's 5.33% Plunge Becomes a Meme

arampell · x · 2026-11-06

arampell posted a screenshot of the Nasdaq Composite plunging 5.33% in a single day (closing at 24,364.86) with the caption "Looks like the wealth tax passed after all" — using irony to frame the market crash as the government levying a wealth tax, a common market meme in AI/tech circles.

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