Kill The Rich, that’s my stance.
There’s no reasoning with them, getting through to them or anything. Talk time is long over because we’ve tried over and over again. They’re committed to self-serving only themselves and other rich friends, over valuing what could’ve been, a more prosperous progressing society and world.
I don’t know what kind of response you’re expecting for this, but all that’s going to happen is that you’ll get responses like mine, you’ll get billionaire ass-kissers and maybe middle of the road responses.
Same as that guys from yesterday. I would prefer a guillotine, but You gotta work with whatcha got.
Wealth tax that goes directly to funding a billionaire audit program. It should create a self-perpetuating cycle that means IRS audits for all of them every year.
Yes this could fix it. But we’re here because of the exact same reason that if that law was magically on the books, it’d be rewritten or repealed almost instantly.
Wealth tax that goes directly to funding a billionaire audit program. It should create a self-perpetuating cycle that means IRS audits for all of them every year.
They’re a cancer on society.
Not good
Asking this on lemmy is like asking a pack of wolves if they enjoy the taste of lamb. You already know the answer you’re going to get…
Is ok to ask for an AMEN now and then.
Look at this visualization of how much money Jeff Bezos has, and then tell me that it is reasonable and justifiable.
Medium rare with a little bit of butter and thyme.
If a monkey hoarded more bananas then it could ever eat in its life, to the detriment of other monkeys around it, those other monkeys would kill it, and if they didn’t, scientists would, to see what was wrong in its brain.
Not before ripping it’s face off and maiming it’s genitalia. Honestly, it’s too good for em
Billionaires as individuals are just humans with all the good and the bad coming from that fact. Acting against them as individuals is pointless. We need to establish a system where becoming a billionaire is impossible in the first place.
At least in most democratic countries you can’t just bribe the politicians legally. That helps a lot.
Tax them.
If you invest in the sp500, you’ll have something around 8% return per year. This is highly variable year by year, of course, but in the long run, that’s what you can expect to average out. You can do better than the sp500, but generally not without accepting higher risk.
With those returns, you will double your money every 9 years. Roughly. It’s going to vary by decade. 2000-2010 was flat, while 2010-2020 was unusually good.
If you max out a 401k, HSA, and IRA on this strategy from a young age, you should have millions for retirement. If you’re a millennial or younger, you’re going to need a million or two (at least) to have a reasonable retirement.
How do you turn that into a billion? Doubling every 9 years won’t do it in your lifetime. Not unless you started life as a millionaire and never withdrew a dime until you were 90. Starting with $1000 and doubling every year for 20 years, consistently, would do it.
How do you double your money consistently for 20 years? Either extreme luck or doing something extremely shady. Probably both.
In other words, they are not the genius captains of industry that right-libertarians want you to believe. They got lucky or are deeply unethical or both, and they do not deserve your respect. Most likely, they deserve your disdain. Every one of them.
I’m hungry.
Seems logical if there was a law that the average worker had to be paid a percentage of what the top people get paid. I thought that Japan had something like this.
