But all the natural resources belong to everyone. That is, if you believe in the christian ethos. Frankly, you just have to believe in humanity, then you will know that all resources should be shared. My two cents.
Should Billionaires Be Aboished?
- Thread starter Shaka54
- Start date
This.
I see what you did historically there. You right too.
Should billionaires be abolished?
When you ask a question like that, you have to follow it up immediately with two more questions:
1. Who's going to do it
2. How are you going to do it?
You think that every billionaire doesn't have a contingency plan for just this sort of thing? Bezos has his own spaceships, man! His own spaceships! Do you think he would just let you and your army walk up and take his shit? Do you think he doesn't have resources in countries across the world? Do you think that he doesn't have several numbered bank accounts in countries that don't extradite to the U.S. and then other countries that don't extradite to those countries?
Billions is a lot of resources. Nobody is giving that up easily. I'm by no means defending, just stating facts.
On top of that, as was stated earlier, there are too many who would protect said billionaires, just off of a promise of a hook up.
Free market capitalism in and of itself is okay. Its just that most of it is built off the backs of others and cheating taxes. There is where the problem lies.
When you ask a question like that, you have to follow it up immediately with two more questions:
1. Who's going to do it
2. How are you going to do it?
You think that every billionaire doesn't have a contingency plan for just this sort of thing? Bezos has his own spaceships, man! His own spaceships! Do you think he would just let you and your army walk up and take his shit? Do you think he doesn't have resources in countries across the world? Do you think that he doesn't have several numbered bank accounts in countries that don't extradite to the U.S. and then other countries that don't extradite to those countries?
Billions is a lot of resources. Nobody is giving that up easily. I'm by no means defending, just stating facts.
On top of that, as was stated earlier, there are too many who would protect said billionaires, just off of a promise of a hook up.
Free market capitalism in and of itself is okay. Its just that most of it is built off the backs of others and cheating taxes. There is where the problem lies.
Lower tax rates on investment income versus labor income
And exactly who can afford to invest in shit in the first place?
Yeah, it's the same mindset of those dirt poor people in WVA, Eastern KY, Mississippi, and shit that don't have a pot to piss in but rail against Food Stamps even though they're on Assistance themselves. "They ain't talkin' bout ME, they means them Ninjas and Messycans. I earnt it!"
I knew this thread would almost instantly lure people into it who try to defend the impossibly wealthy to make themselves look like winners. That train is never late man. Never. That’s why the system is so difficult to change. It’s victims keep protecting it.
The key words are three jobs.
For that matter, if being a billionaire was simply a matter of hard work anyone with three jobs would be there.
That's the American dream, everyone thinks they will be rich one day so if you vote to tax the rich now you are voting to tax yourself later
Right.That's the American dream, everyone thinks they will be rich one day so if you vote to tax the rich now you are voting to tax yourself later
Muhfuckas would be better off placing a wager on themselves being struck by lightning while they're at it.
That has nothing to do with me
He’s not stopping me from getting money or taking any out of my pocket
I don't think billionaires should be abolished, but I think how they become billionaires and their effect on industry should play a huge role in how heavily they're taxed.
Look at Jeff Bezos, this dude is worth over $100 billion and is one of the most destructive "innovators" in history. Wall Street spent years subsidizing his operations while he destroyed local bookshops and stores till Amazon was the only choice to get the stuff you needed.
History has shown us time, and time again when wealth gets consolidated in the fewest hands, it never ends well
Look at Jeff Bezos, this dude is worth over $100 billion and is one of the most destructive "innovators" in history. Wall Street spent years subsidizing his operations while he destroyed local bookshops and stores till Amazon was the only choice to get the stuff you needed.
History has shown us time, and time again when wealth gets consolidated in the fewest hands, it never ends well
Seems like some commie bullshit.
Bruh, once you've amassed a hundred billion dollars, you can't see yourself increasing the pay and benefits of those who worked to help you realize that dream? I don't mean JUST management either.
Just how much more wealth would you feel that you needed to accumulate to feel secure for the rest of your life but still be stingy as fuck to your workforce and the burden of your fellow Citizens?
At what point do you cross the finish line of a goal that you've accomplished and kick back and rest on your laurels? What's limitless is sheer greed.
"Now my money just makes money hand over fist so I can throw a portion of these annual profits back into the labor."
Honestly, I don't even think most of it is the fault of the billionaires themselves. The real issue is the shareholders.
when someone buys $1,000 worth of Amazon stock they expect the value to grow every quarter. If that means Amazon has to dodge taxes, screw over workers, buy out the competition or whatever they don't care so long as they can make a 3% annual return or better.
If the returns aren't high enough people sell the stock, buy into Walmart who uses that extra money to grind Amazon into the ground.
Things in Life often Play Out differently, when you work hard cause you Want to, not because you Have to....
In America "Generational wealth" is gone on average within 3 generations. You want to talk generational wealth? Look overseas in non-capitalist countries where the currently wealthy are direct descendants of nobility for centuries.
Yall want to talk generational wealth? How about African leaders who got rich off enslaving our people and their descendants are still rich nobility to this day?
One has a very marketable product the other 1 dosent.... If two homeless people were in a train station...1 of them sitting down quietly with an empty box asking for money , the other 1 dances, does backflips, and sings for dollars , who you think is more likely to generate more money each day?
Because he created with his art and/or investments in a billion dollars worth of value for people
Which countries are those? I can't think of any Monarchy that doesn't have a Capitalist economy. They're merely figureheads.
It doesn't have much to do with the conversation, but I do get what you're saying.
I knew this thread would almost instantly lure people into it who try to defend the impossibly wealthy to make themselves look like winners. That train is never late man. Never. That’s why the system is so difficult to change. It’s victims keep protecting it.
Yeah, how don't we realize we're just poor victims of these robber barons? Life will be so much better when we can't save money shopping on Amazon.
- sent from iPhone X
My theory is that a C.E.O., or business owner, should not be allowed to make more than 350 times more than the lowest paid employee.
Today's rich families in Florence, Italy, were rich 700 years ago
"The situation in Sweden seems to be similar"
Of course.
And if you say no, don't let me ever hear you calling yourself a Christian.
(OP-- A poll would've been great for this thread.)
Yeah. Use to bebtax free if you wait the allowed amount of time to cash in on a stock investment. What you think bush did when he left office on those oil options he had after he drove the price of gas up to an all time highLower tax rates on investment income versus labor income
And exactly who can afford to invest in shit in the first place?
Yeah. Use to bebtax free if you wait the allowed amount of time to cash in on a stock investment. What you think bush did when he left office on those oil options he had after he drove the price of gas up to an all time high
I remember when I was learning about taxes on investments and realized it was significantly lower than labor tax, I almost lost my shit.
On top of that, all these fake ass non-profit organizations that use are charitable contribution to lower their taxes even further. The wealthy has the game on lock down.
Isn't the investment tax even lower if you invested over a certain amount of time?
I ain’t mad at em. I was just mad at how long it took me to find that out.
Knowledge is key.
Well gawt damn
Imagine that you worked for FedEx or DHL and you find out that Amazon is purchasing a fleet of jets. Amazon has gobbled up all of the competition and is depressing wages. Does Amazon NEED it's own fleet of carriers? No. So what's the point of driving another employer into extinction? To pad the bottom line.
All you're looking at is YOU saving a buck or two but there are tremendous ripples that affect hundreds if not thousands of workers for YOU to save that buck or two. Amazon is becoming a behemoth Bruh and I say that as an Amazon Prime member.
That's generous af. To get paid the same as 350 individuals.