He’s absolutely right. Billionaires should not exist.
And one of the reasons why there’s so much more wealth inequality now is what conservatives have done to the tax code. Take a loot at this chart on the highest tax bracket over time.
Wealth concentration is bad for everyone but the wealthy. https://inequality.org/facts/
IDK even they don’t seem happy. Elon seems fucking miserable. I mean, I don’t feel bad for them, but knowing that literally everyone thinks the world would be a better place without you can’t feel great.
Wholly agreed. There are no ethical billionaires. Fight me.
Jesus said it best
It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.
Good, I agree.
He has painted a target on his own back though and he should be careful, lest he gets JFK’d or RFK’d.
Damnit Zohran… I can only get sooo hard…
Bill Ackman, a billionaire hedge fund manager who has backed President Donald Trump in the past, on Thursday pledged to use his money to bankroll a challenger to Mamdani in the general election.
Case in point.
And how did he get those billions? How many peoples necks did he have to step on to climb his way up. It’s not so much what you do with your billions, it’s how you got them that makes you evil. The only exception to this is probably Bezos ex wife, maybe.
“Employees are the rungs on the ladder of success. Don’t hesitate to step on them.” -Rule of acquisition #211
Grand Nagus Rom: “We invented elevators for a reason.”
Imagine life was a game. You lived for 2025 years. You worked 260 days / year. You made the median US salary.
You would need to relive that process 3,145 times to match an Oligarch.
That amount of wealth is unethical while humanity suffers. No one can really fathom “1b dollars.”
Even the billionaires would be better off without billinaires. It their relative ranking was the same they would still have more money than they could spend but it would now come with clean air, water, land, better infrastructure, a healthier world, happier people to interact with.
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But could this really be done? As far as I’ve understood, billionaires typically don’t have a billion liquidized and ready for spending. Rather, their value is distributed in ownership of several companies. How would the 100% taxes on ownership in companies be applied?
Don’t get me wrong, I would love to see it work, but I feel like it’s a lot more complicated than stated. And if a good way of applying those taxes would be introduced, I’m sure the billionaires would either find new ways to make the money untouchable or personally move to a country with looser tax laws.
That’s what conservatives always claim. Most of them won’t move and even if they do, good riddance. Simply tax their wealth beforehand.
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Nobody asked me, but I agree with him.
Now he can add “Endorsed by PoopSpiderman” on his campaign website.
Not a common endorsement.
Do you think we should have billionaires?
We shouldn’t. And he thinks that too. Cool.
I agree with him. there’s no morally good reason to be hoarding that much money
The super-wealthy are a cancer on society, and just like cancer, they suck up all of the resources while killing the patient.
He is right.
Imagine a “billionaire” in the wild: An animal sitting on a vast horde of food that it could never eat while others starved around it … yea, it would not last long.
Imagine a “billionaire” in a living body. A corporate money making entity would basically be a cancer that had to be removed to save the life of the patient.
I heard a rumor once that something called ‘greed’ was considered a sin.
There might be others that are relevant too.
These ‘sins’ and their opposing ‘virtures’ where considered such because of how they effected the communities influenced by them.
No wealth above a certain amount should be inherited. There is no moral justification for absurd amounts of intergenerational wealth.
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