It's so, so sad that we cannot ever fathom, no matter how we try and study, the mechanisms by which these people ascend to billionaire status, nor from where does their money come. So all we can do is idly watch until they have amassed that wealth and then confiscate it and wait for the next one. /s
Love this, great idea! I think these ultra wealthy people forget that everyone dies and you can't take anything with you when you go! So just how much is enough?
If you have around 5 mill dollars the only reason you want more is to be better than someone else.
So, once you get to 5mill you can buy Prestige Credits at a cost of 1mill each. You get a special hat and a badge to wear. The money goes to public funds and you have more badges than the next guy.
Could also add you're allowed to go to the front of any line and you get free parking.
Things that don't matter a toss and feed your ego while your money feeds the poor.
Exactly. One person doesn’t need billions of dollars just for themselves. That billions of dollars can be used for charity and all the homeless people in our country.
As it was back when some of the mega-rich would give back to society (and perhaps atone for their sins committed in the process of accruing their wealth) by building a hospital for the poor or endowing a
university.
This only seems far-fetched because we've been gaslit into believing what we're living through is normal. After WWII, we had a tax rate as high as 94%. And that was under a historically well remembered Republican president (Eisenhower).
Or, and hear me out, destroy capitalism instead of trying to make it do anything other than accumulating all power and wealth in the hands of the few, which is what it's designed to do.
Removing billionaires and leaving around mega millionaires while people are starving would solve nothing.
I had the same thought, if we have billionaires in america, then something is wrong with this capitalism which it looks to me like we are more of an oligarchy than a democracy - THEY NEED TO PAY TAXES
Money. After 45 years of working as an engineer for a high tech company, my gross earnings were, adjusted for inflation, just short of three millions. Most of that was in benefits and such. If my compensation were based on profitability I’d be worth around 25 million .
I’ve said for years ‘What does someone do with Billions of Dollars?! Why are Billionaires so Greedy? When they have more money than they could ever spend in a lifetime?! Some Billionaires are philanthropic & donate a lot to charities. But many are just plain Greedy!
So you don’t believe that people should be afforded the ability to earn as much as they wish… Another way to say this is the “life, liberty, & pursuit of happiness”😉
Silly stuff..Bezos making more in 10 seconds than employee avg salary…she leaves out the fact that Bezos can, & has on occasion, lost millions in those same 10 seconds.
Confiscation of all billionaires wealth would only run the gov for a short period of time
Total nonsense…
Who’s trampled? Workers voluntarily agree to a job and a certain compensation…They give their time and efforts for an agreed-upon wage. Businesses are started to earn $$. Every successful company makes more than it spends.
There not exploited…most are paid a market wage…its certainly not as simple as “work or starve”…nobody forces anyone to work for less $$…great thing about America is that everyone is able to strive to make as much as they can.
Yeah, an article by liberals long on generalizations and short on specifics…supporting diversity, gender affirming nonsense, and fighting climate change…🙄
Hard pass.
That's kinda what the income tax rates meant in the 1950s and '60s, when America wanted a strong middle class and no more Robber Barons. After a certain point, they only got to take home 9 cents on every dollar.
THAT, by the way is how we MADE America great. Tax the rich!
I like the idea of creating a finish line.
Is the lack of one the true driver here? There is no recognition of being the winner? So they just keep on going.
Probably the fear of losing it plays a big part too.
What i find humorous is that some people will be extremely angered by that statement.
I'm willing to guess these people are those who think they need billions to live despite not being able to ever spend that amount in their lifetime. They are the same people who think they can take it with them.🤦
Gluttony is encouraged,
In these United States,
Especially by the moron,
With orange makeup on his face,
The politicians pad their pockets,
And make the rich, richer still,
And they walk off and leave rest of us,
To pay all of their bills.
Ah yes because billionaires have entirely liquid assets and also would continue to run their companies that employ tens if not hundreds of thousands if not millions of employees. Billionaires are crazy wealthy but they also create loads of wealth.
I was thinking about this very thing today. I was wondering what the Threshold for Winning was. $999.000.000.00 Dollars. Doesn't seem to be enough, does it? That's the whole point to greed. You never succeed. There is always another million to make.
This is what happens when people cannot imagine a world without capitalism so they create a fantasy social democracy that is incapable of functioning irl. Literally just become a socialist
Also, if it is from inherited money the cap should be $500,000,000. We do want to encourage those who actually contribute as opposed to those who got a family handout. There should also be "bonuses" gor those that pay their employees more than a living wage . . .
Yes but max should be 10million. Or even what we were personally thinking; in your own company no one can be paid more than x5 than the lowest paid employee + remove the company sucking up to share holders or remove the predatory stock trade all together.
We use fiat currency. Federal taxes to not fund federal spending. It's not about taxing but about spending. Our overlords refuse to create money to help people.
They are a super nothing. They exist because we allow it. It is our laws, our structures, every day of work is enabling some rich asshole. No billionaire is winning a knife fight with a meth addict, they hide.
They dominate our economy and influence our laws to favor them. They are controlling our government with their great wealth , truly predatory behavior.
I’m generous, we could even name an actual dog after them.
Of course we’ll still call the dog “Sweet Baby Dog “ but at the vet’s it would be the billionaire’s name.
Comments
We eat the rich.
Just a few billionaires to start, so that the others understand that they are in the "finding out" phase of things.
I think it will work wonders and heal our beleaguered nation. Nothing brings people together like BBQ.
#FairQuestion
Can I pet the dogs there??
If so, sign me up!
These people are fucking psychotic parasites. Trust me ive been surrounded by the likes my whole life (family).
So, once you get to 5mill you can buy Prestige Credits at a cost of 1mill each. You get a special hat and a badge to wear. The money goes to public funds and you have more badges than the next guy.
Things that don't matter a toss and feed your ego while your money feeds the poor.
university.
Give them a stadium with their name on it so they can hear cheering every weekend…
Removing billionaires and leaving around mega millionaires while people are starving would solve nothing.
Tell me what the rob from you??
Or did you voluntarily accept a position with that compensation?
That’s what I thought.
You agreed and were paid based upon that agreement…you were robbed of nothing.
Here's another potential fix:
Confiscation of all billionaires wealth would only run the gov for a short period of time
https://theeconomicstandard.com/confiscating-entire-wealth-of-all-us-billionaires-couldnt-pay-for-democratic-spending-plans/
Who’s trampled? Workers voluntarily agree to a job and a certain compensation…They give their time and efforts for an agreed-upon wage. Businesses are started to earn $$. Every successful company makes more than it spends.
https://www.oxfamamerica.org/explore/stories/top-5-ways-billionaires-are-bad-for-the-economy/
Hard pass.
The game of Life & most sports have an unwiritten mercy rule.
However, Mercy is verboten in fascism/capitalism. Make "Eat the Rich" comeback in 2024.
THAT, by the way is how we MADE America great. Tax the rich!
“deny,” “defend” and “depose”
G E N E R A L S T R I K E
Is the lack of one the true driver here? There is no recognition of being the winner? So they just keep on going.
Probably the fear of losing it plays a big part too.
I'm willing to guess these people are those who think they need billions to live despite not being able to ever spend that amount in their lifetime. They are the same people who think they can take it with them.🤦
In these United States,
Especially by the moron,
With orange makeup on his face,
The politicians pad their pockets,
And make the rich, richer still,
And they walk off and leave rest of us,
To pay all of their bills.
We'd have to retire neo-liberalism to get there.
I fixed it. Type too fast and send too soon. lol
That was a government class in 1988. 🫤
Of course we’ll still call the dog “Sweet Baby Dog “ but at the vet’s it would be the billionaire’s name.