Should Billionaires Be Aboished?

[kain]

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."

You would think that people who are billionaires would appreciate where they made their riches and give back without having to being told to do so.
If you cap wealth, most would hit that point and shutter operations.
We are in a time of selfishness.
Most people are in it for themselves.

 

[Shaka54]

Today's rich families in Florence, Italy, were rich 700 years ago

"The situation in Sweden seems to be similar"

Thanks for the article. I haven't read it completely but the last time I checked, Italy was Capitalist(ish?) and Sweden is more of a Socialist Democracy. The article bolsters the whole point of this thread. The uber-wealthy continue to hand down that wealth and it's not as though all of those generations had to work to earn that wealth. It was handed down with few if any Tax implications. The rich remain rich.

The US isn't even 300 years old yet so no, there aren't as many families with that type of wealth that has been handed down since the 15th Century but let us not discount New Money either. The Gates', the Zuckerbergs, the Bezos', etc.

 

[hardawayz16]

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.

Would you rather they stopped innovating to save worker jobs?

Extinction happens - we've all lived long enough to see stores from our childhood dead and gone. Those jobs are gone too. New ones will be created.

 

[Dr. Truth]

Jeff Bezos paid 0 dollars in taxes. When you make hundreds and thousands of millions(billions) you should automatically pay a 20% wealth tax. That money won’t be missed. Billionaire interest is in the millions they can live off that and be in the 1%. No fucking reason for them not to be paying obscene taxes. They need to be.

 

[Helico-pterFunk]

Billionaire interest is in the millions they can live off that and be in the 1%. No fucking reason for them not to be paying obscene taxes. They need to be.

 

[hardawayz16]

The US isn't even 300 years old yet so no, there aren't as many families with that type of wealth that has been handed down since the 15th Century but let us not discount New Money either. The Gates', the Zuckerbergs, the Bezos', etc.

We'll see - obviously none of us will be alive. Whats good is that there will always be opportunities to create a billion dollars worth of value - as we can see from this "New Money". And you don't have to be rich to do it (in the US).

 

[footloose]

Difference is. Most white families embed the code in there kids from young. How to maintain credit. How to make money work for you.
I didn’t learn none of this till I was 40. I wish I knew this when I was a youngin.
I would have loved to have my kids making a living off of money that I made.

 

[Famous1]

No
Being wealthy is not the problem.
Being a selfish ruthless pig who will destroy everything around you for a dollar is the issue

You just described most billionaires...

 

[Famous1]

Would you rather they stopped innovating to save worker jobs?

Extinction happens - we've all lived long enough to see stores from our childhood dead and gone. Those jobs are gone too. New ones will be created.

I think I fucking hate your contrary ass...
Ima go ahead and put you on ignore because hate aint healthy ...

 

[Shaka54]

Would you rather they stopped innovating to save worker jobs?

Extinction happens - we've all lived long enough to see stores from our childhood dead and gone. Those jobs are gone too. New ones will be created.

Bruh, there is no real necessity for Amazon to reinvent the wheel except to control their expenses at the cost of the employees. These muhfuckas are "innovating" themselves out of consumer base while they're at it.

It serves only to benefit the top Stockholders. GM has shuttered Plants all across the country and Ford is following suit, throwing thousands into turmoil all for the sake of the dollar. There needs to be an intervention. If I had my druthers, I'd cancel their Government contracts and offer them up to smaller manufacturers.

 

[sammyjax]

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.

You say some of the dumbest shit

Difference is. Most white families embed the code in there kids from young. How to maintain credit. How to make money work for you.
I didn’t learn none of this till I was 40. I wish I knew this when I was a youngin.
I would have loved to have my kids making a living off of money that I made.

fuck if they do

Most white families are broke too. They don't have the resources, education, or motivation to do most of that shit until you start approaching the higher tax brackets, which, again, most of these fucks are not in.

I know a fuckton of middle class cacs who are damn near underwater like everybody else. They just have the added advantage of living in a system built to cater to them first and most.

 

[kain]

Jeff Bezos paid 0 dollars in taxes. When you make hundreds and thousands of millions(billions) you should automatically pay a 20% wealth tax. That money won’t be missed. Billionaire interest is in the millions they can live off that and be in the 1%. No fucking reason for them not to be paying obscene taxes. They need to be.

Then they offshore their money to avoid taxes.

 

[4 Dimensional]

Difference is. Most white families embed the code in there kids from young. How to maintain credit. How to make money work for you.
I didn’t learn none of this till I was 40. I wish I knew this when I was a youngin.
I would have loved to have my kids making a living off of money that I made.

Here is another one for you.

There are a lot of Black Vietnam vets that have NOT took any advantage of VA benefits and if they did it was much later in their life.

The reason why is because many didn't know about it, and if they did know; they didn't know how to go about getting the benefits.

My father didn't start earning his benefits until he was 59 or 60 at which when he was approved, this is was he got: back pay of 40k, full health care coverage (including my mother)and travel money, and VA home loan (we out the trailer, nigga!).

If he would have got them much earlier, I could have did all my schooling for free and my older brother could have went to school for free.

He wasn't the only one. A lot of his friends didn't know either.

Now he was tested and found out that his cancer may be from Agent Orange the vets were exposed to. He's on something like 150% disability, retirement, social security and whatever else income.

Many white folks know about the systems in place and they teach their kids (as you mentioned). That's why I talk to people. You never know what you can learn in a moments time.

 

[Shaka54]

We'll see - obviously none of us will be alive. Whats good is that there will always be opportunities to create a billion dollars worth of value - as we can see from this "New Money". And you don't have to be rich to do it (in the US).

The rest of the World is catching up. China leads in Billionaires right now and they are the leading manufacturer so there'll be more to come. The US is not exceptional.

China has the most billionaires in the world, with 248 more than the next closest country, the United States, according to the Hurun Global Rich List. There are 819 billionaires in China, 571 in the United States, 131 in India, and 118 in the United Kingdom.

https://ceoworld.biz/2018/03/01/30-countries-with-the-most-billionaires-2018/

 

[hardawayz16]

Bruh, there is no real necessity for Amazon to reinvent the wheel except to control their expenses at the cost of the employees.

But...that's the point of business

Would you rather go back to waiting 7+ days for your orders again if it means that there are more FedEx drivers (who btw are using more and more private contractor truck drivers who they don't have to give benefits, OT etc..)?

These muhfuckas are "innovating" themselves out of consumer base while they're at it.

And they'll be replaced by a better company.

Anyway you slice it, the everyday consumer wins.

 

[hardawayz16]

I think I fucking hate your contrary ass...
Ima go ahead and put you on ignore because hate aint healthy ...

Peace

 

[Shaka54]

But...that's the point of business

Would you rather go back to waiting 7+ days for your orders again if it means that there are more FedEx drivers (who btw are using more and more private contractor truck drivers who they don't have to give benefits, OT etc..)?



And they'll be replaced by a better company.

Anyway you slice it, the everyday consumer wins.

Hardaway, this is the whole purpose of the topic at hand. FedEx, UPS, and Amazon are using the same model to suppress wages and benefits. They want a permanent part-time workforce of under 30 hours per pay period or for them to be so-called "Independent Contractors." In the meantime, the consumer isn't benefiting because they aren't making the money that they used to.

States are doing the same thing too. Scott Walker managed to privatize so many jobs that used to be run by the State but through privatization, there are no benefits or pensions to be concerned with. He busted up the Unions with the exceptions of Fire and Police and the final nail in his coffin was the shabby FoxxCon deal.

There's no way that we can keep up with filling the coffers of the uber-wealthy because spending power is dwindling fast. I'd gladly trade a 7 day wait for decent employment for the workers in this country.

 

[Dannyblueyes]

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?

Apples and oranges.

most people who work three jobs don't even have six figures to their name. as much as I like and respect Jay-Z there is no way that he it's worth more than 10,000 times what are three job worker is worth even if his bank account says otherwise.

 

[YoungSinister]

Apples and oranges.

most people who work three jobs don't even have six figures to their name. as much as I like and respect Jay-Z there is no way that he it's worth more than 10,000 times what are three job worker is worth even if his bank account says otherwise.

Something is wrong with you

 

[tallblacknyc]

Apples and oranges.

most people who work three jobs don't even have six figures to their name. as much as I like and respect Jay-Z there is no way that he it's worth more than 10,000 times what are three job worker is worth even if his bank account says otherwise.

Working hard and working smarter are two different things....you could pick up 50 pound packages all day and night delivering them door to door in the hot as s weather or freezing temperatures and make less than $20 and hr... I could pull out a grill twice a week for 6 hrs and make and sell 1-2000 burgers and generate 5 figs doing so... You technically worked longer and harder than I did but made significantly less money than I did working 28 more hours... Your hard work meant nothing compared to my marketable product... Your work ethic didn't determine if you were worth more than me or not , the product and the market did... How much money have you given to random women with multiple jobs ? How many jay z albums have you purchased? If you brought at least 1 you contradicted yourself and juss said Jay z was worth more to you than random women working multiple jobs

 

[ORIGINAL NATION]

Actually it boils down to changing the truth for falsehood. That is how it started. We just got to bring the truth back. There should be a bottom standard. There should be no such thing as homeless. But somehow the original and natural genes or original people of the earth (real blacks) have got to get the earth back. A chain is only as strong as it's weakest link. We are all one or we are all none, which means we do not exist. Those rich billionaires are no different than someone on skid row or locked down in prison. The only difference is that the billionaire has sold his soul or is totally dreaming. The main reason why I say that is because there is no way a righteous person can be successful in a wicked world unless he changes that world first. Same way a straight person will not be successful in a homosexual society unless he changes that society first. But that society can change him also.
Blacks becoming carbon copies of whites only show that we can become successful devils. What whites want to keep from the masses of their own and especially from blacks is that our health is our only real wealth. Anything else is borrowed including our lives.We were born in a world based on white supremacy and black inferiority. Jesus a black man that had started becoming himself would have been alright if it was not a time when the minds of the masses were already controlled. You would think that his blood line would be superiority right now but instead the blue bloods or super white families are suppose to be the royal bloodlines but they want their kind to master or out talk everybody else about what is really going on.
For those not brainwashed, or totally controlled they are punished with imprisonment, homelessness, etc. Plus it serves as a marker for those who may wake up and try to get away from the system. The whole world is doomed if we never have a total separation from whites and other races and a chance to at least think for ourselves.

 

[Bluelaser]

They have made their money which is fine with me.
But what I don't like about these billionaires is the use of their moneys to influence politics.

 

[hardawayz16]

Hardaway, this is the whole purpose of the topic at hand. FedEx, UPS, and Amazon are using the same model to suppress wages and benefits. They want a permanent part-time workforce of under 30 hours per pay period or for them to be so-called "Independent Contractors." In the meantime, the consumer isn't benefiting because they aren't making the money that they used to.

We're directly benefiting from two day deliveries. Now other big retailers have to offer fast shipping at a lower price to compete. I'm about to do my food shopping on Amazon right now thru Whole Foods and have it delivered in 2 hours for free.

I just don't see it as "filling up the coffers" if the super wealthy are providing services and products that make millions of peoples lives better.

 

[Dannyblueyes]

Working hard and working smarter are two different things....you could pick up 50 pound packages all day and night delivering them door to door in the hot as s weather or freezing temperatures and make less than $20 and hr... I could pull out a grill twice a week for 6 hrs and make and sell 1-2000 burgers and generate 5 figs doing so... You technically worked longer and harder than I did but made significantly less money than I did working 28 more hours... Your hard work meant nothing compared to my marketable product... Your work ethic didn't determine if you were worth more than me or not , the product and the market did... How much money have you given to random women with multiple jobs ? How many jay z albums have you purchased? If you brought at least 1 you contradicted yourself and juss said Jay z was worth more to you than random women working multiple jobs

I don't disagree with you in principle. In fact, Jay-Z does have a rare talent not only in music, but in the ability to exploit his music for profit. is perfectly logical for him to make more than the average working person who was doing a common job that most people could do. Especially since most people are not going to invest the time and risk it requires to become a superstar rapper.

The real question is how much more is fair though?

 

[Dannyblueyes]

Actually it boils down to changing the truth for falsehood. That is how it started. We just got to bring the truth back. There should be a bottom standard. There should be no such thing as homeless. But somehow the original and natural genes or original people of the earth (real blacks) have got to get the earth back. A chain is only as strong as it's weakest link. We are all one or we are all none, which means we do not exist. Those rich billionaires are no different than someone on skid row or locked down in prison. The only difference is that the billionaire has sold his soul or is totally dreaming. The main reason why I say that is because there is no way a righteous person can be successful in a wicked world unless he changes that world first. Same way a straight person will not be successful in a homosexual society unless he changes that society first. But that society can change him also.
Blacks becoming carbon copies of whites only show that we can become successful devils. What whites want to keep from the masses of their own and especially from blacks is that our health is our only real wealth. Anything else is borrowed including our lives.We were born in a world based on white supremacy and black inferiority. Jesus a black man that had started becoming himself would have been alright if it was not a time when the minds of the masses were already controlled. You would think that his blood line would be superiority right now but instead the blue bloods or super white families are suppose to be the royal bloodlines but they want their kind to master or out talk everybody else about what is really going on.
For those not brainwashed, or totally controlled they are punished with imprisonment, homelessness, etc. Plus it serves as a marker for those who may wake up and try to get away from the system. The whole world is doomed if we never have a total separation from whites and other races and a chance to at least think for ourselves.

I disagree with most of this, but the bolded part is pure gold.

Western society (aka white society) promotes this myth that the biggest difference between a rich person and a poor person is hard work, intelligence and virtue. While those things often play a part, they are no more crucial than luck, opportunity and privilege.

Read the biography of any self made millionaire or successful person and they tell you about one or two instances where their career almost never happened.

For instance, George Foreman won the 1968 Olympics in part because a competitor he couldn't beat in the qualifying rounds got drafted to the Vietnam war right before their rematch. NWA became a force in part because 1) All the members lived on Hollywood's doorstep 2) Dre had access to a home studio and 3) Easy-E's uncle was an Billboard top 100 artist who also worked as a record company A&R. Bill Gate's success came in part because his family was wealthy enough to send him to a school that had a computer. The Beatles were just another run of the mill British rock band until they got a contract to play for a tourist bar in Hamburg which gave them the rare opportunity to hone their craft for a living. LL Cool J's demo tape just happened to be the one Ad Rock and Russell Simons snatched out of a pile of hundreds sitting in Rick Ruben's dorm room. the list goes on....

For me, my DJ business got off the ground when I was hired to play a wedding in July 2014. I didn't have the lights and speakers necessary to entertain 150 people so I used August's rent to buy them. The wedding was successful so I used that money to pay my landlord.

Now suppose a speaker got stolen, the couple stiffed me, or my car broke down on the way to the venue. I would have been FUCKED. Me and those speakers would have been living in a tent on Polk street. However, because everything worked out well I was able to pay rent and use that equipment to make a decent living.

 

[ORIGINAL NATION]

I disagree with most of this, but the bolded part is pure gold.

Western society (aka white society) promotes this myth that the biggest difference between a rich person and a poor person is hard work, intelligence and virtue. While those things often play a part, they are no more crucial than luck, opportunity and privilege.

Read the biography of any self made millionaire or successful person and they tell you about one or two instances where their career almost never happened.

For instance, George Foreman won the 1968 Olympics in part because a competitor he couldn't beat in the qualifying rounds got drafted to the Vietnam war right before their rematch. NWA became a force in part because 1) All the members lived on Hollywood's doorstep 2) Dre had access to a home studio and 3) Easy-E's uncle was an Billboard top 100 artist who also worked as a record company A&R. Bill Gate's success came in part because his family was wealthy enough to send him to a school that had a computer. The Beatles were just another run of the mill British rock band until they got a contract to play for a tourist bar in Hamburg which gave them the rare opportunity to hone their craft for a living. LL Cool J's demo tape just happened to be the one Ad Rock and Russell Simons snatched out of a pile of hundreds sitting in Rick Ruben's dorm room. the list goes on....

For me, my DJ business got off the ground when I was hired to play a wedding in July 2014. I didn't have the lights and speakers necessary to entertain 150 people so I used August's rent to buy them. The wedding was successful so I used that money to pay my landlord.

Now suppose a speaker got stolen, the couple stiffed me, or my car broke down on the way to the venue. I would have been FUCKED. Me and those speakers would have been living in a tent on Polk street. However, because everything worked out well I was able to pay rent and use that equipment to make a decent living.

All the stuff I said was true. It is just a matter of proving it. But anyway Master P got 10 thousand dollars from his grandmother when his grandfather died. He used that to start his record business. He was looking for a building to rent. He spotted one and asked how much would it be to rent. The dude told him if he cleaned the place up and straightened the place up he could use it. So he did. And the back of the store was his apartment and the front was the record store. Which was smart. Instead of paying rent on an apartment.
We have two things going on the spirit of the world and the spirit of the original people of the earth (blacks). While the spirit of the white man's world or white supremacy is there to help others advance it is also there to stop those not controlled by it.
Me myself I have ran into problem after problem. But with every fall I get up and dust myself off and keep trying. But we must admit there is a lot of questions about energy that we just never ask. And with us blacks it is some things that just do not interest us such as the truth about history and if there really is some advanced life that has survived for over millions of years the only way whites would kill and fight so hard to keep it secret is if it is blacks.
Seems like life is about toys for the kids to stay out of the business of so called adults. The more certain people are destructive to the earth the more money and power they end up with. Must be the reason why whites are ruling right now and everybody is living for visions and a reality they created. The man that said all men are created equal had hundreds of slaves. Ronald Reagan declared a war on drugs but he was the biggest drug lord of his times. Nobody has did more killings than whites. Maybe that is why they have dominated the resources of the world so much.
Jesus was proving what Elijah Muhammad was teaching that the black man is God. But his blood line is not of royalty. They give us lip service and try to out talk everybody so you only get to hear their side of the story and only that becomes official. About like 911

 

[hardawayz16]

I don't disagree with you in principle. In fact, Jay-Z does have a rare talent not only in music, but in the ability to exploit his music for profit. is perfectly logical for him to make more than the average working person who was doing a common job that most people could do. Especially since most people are not going to invest the time and risk it requires to become a superstar rapper.

The real question is how much more is fair though?

What does "fair" have to do with anything? Who gets to decide what's "fair"?

Why is it fair that Jay-Z, an man with a a rare and extremely marketable skill that he took years cultivating is not entitled to every penny he earns?