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Giving $30 million when you are a billionaire is the bare minimum
Thats good. Its not enough.
Giving $30 million when you are a billionaire is the bare minimum
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US PoliEra 2019 |OT6| Have You Hurd About These GOP Retirements?
- Thread starter Ogodei
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Hell, the Gates Foundation is required to spend all of its resources (currently at ~50 billion) within twenty years of Bill and Melinda's deaths, but I guess they're still bad people because they have money in the bank today.
Short-sighted. Plenty spend more than $30 million. Some spend billions more than they have in the bank over a life-time because of how money makes money. That's likely more good done, depending on the investment, than you'll ever do over several lifetimes. The much bigger problem than "billionaires not spending 'enough' to help others" is how wealth begets wealth and how inaccessible that is to others.
Gotta love the irony of people complaining about billionaires not giving enough money away on a video game enthusiast forum.
Maybe instead of buying your third limited edition Nintendo Switch you should give $300 to your local soup kitchen hmmmmm? Guess you're not a good person.
It's amazing that for so many people "Gains Through Trade" isn't a concept and in its place "It's not enough that I should succeed, others must fail" is in its place. The economy is not a zero-sum game. The "billionaires are inherently evil" crap is petty jealousy attempting to be laundered via moralizing.
We should absolutely be taxing billionaires more, increasing inheritance taxes and social safety nets so that we reward people less simply for being born to the right parents, and doing all sorts of other things to help level the playing field. That doesn't mean that it's unethical to make good business investments - we just need to have the nation as a whole getting a bigger share of the rewards for those good business investments.
Saying billionaires should exist goes right along with saying that death from preventable starvation and disease should exist.
It's just two sides of the same coin.
Uncap FICA and bring back the 90% top marginal tax rate.
Tax (non retirement) capital gains as income.
EVERY BILLIONAIRE IS A POLICY FAILURE
It's just two sides of the same coin.
Uncap FICA and bring back the 90% top marginal tax rate.
Tax (non retirement) capital gains as income.
EVERY BILLIONAIRE IS A POLICY FAILURE
I almost feel bad for these pe– nope I feel nothing for these idiots at all.
Trump in awe of Bill Mitchell the master of stealing money.
We could easily combine the two by pointing out Bernie is a millionaire who gives almost nothing to charity and once supported charter schools if that would help. 😛
Capital gains on assets held for less than a year are taxed as income.
Amazingly in Belgium we don't have *any* tax on capital gains
Millionaires are okay though right?
If you write a best selling book you can be a millionaire too.
If you write a best selling book you can be a millionaire too.
Not even being willing to consider they have done something "bad" to accumulate such an absurd level of wealth is a long way from asking for "public flogging".
Yeah, I think you're okay if you're worth $999,999,999.99.
That last cent makes you a monster.
Oh wow completely earnestly doing the "you complain about society and yet you participate in it interesting" meme. Amazing.
She's got a point in the sense that Beto at the top of the ticket would likely help whoever's running for Senate more than just say, Biden running at the top and Beto downballot, I think the problem is more that Beto's not gaining any traction in the primary. Like "But if Beto wins the primary he helps our chances" right but that's not happening.
All the same, if the Texas Democratic Party wants to truly build on last year's gains they can't just rely on Beto making a run for every competitive seat in the state. Same with Georgia and Abrams. Democrats need to support Hegar and Tomlinson with everything they've got.
lol? it's the logical extreme of the "being a billionaire is immoral" argument.
It's self-fulfilling prophecy. The senate talk was a kneecap out the gate and likely GOP poison. It's also a kneecap to any potential momentum.
Good to see. I'm looking forward to seeing how Beto re-enters the campaign after the shooting. I'm hoping he brings the fire that we saw in the very early days afterwards.
Honestly i would happily vote for just about any of our current presidential hopefuls
We gave up after a few years of no-showing. Joaquin was talking about running earlier this cycle and decided not to, but at least he's a rep.
Aren't they pretty clear they are a socialist outlet with an ideology?
I didn't mean to make this a "eat the rich or else" thing; I'm just saying it's messed up if you become a billionaire via exploitation (see the McMahons or the Walmart family), and if you have starving people but also millionaires and billionaires, your country's got a whole bunch of policy problems.
That's all.
That's all.
I want Joaquin to give it a go but he doesn't want to because it'll hurt his brothers non existent presidential campaign for some reason
Did they glean this information from CHINESE OUTLETS posting this footage on TWITTER DOT COM ?
You can still get people becoming Billionaires with a 90% top marginal rate! Like, tha
It is absolutely not two side of the same coin- the ability of people who are good at investing, or inventing, or expanding business to earn theoretically uncapped rewards while still powering the economic engines of the country at the same time has absolutely jack shit to do with believing that preventable disease and starvation should exist. The latter problems are primarily problems of governance and don't get done primarily due to voters being unwilling to fund those programs because they're shitty people.
Why the hell are so many alts getting through with instant access? Seriously, this shit is ridiculous.
Our tax policy not being as aggressive as it could be =/= insane tax policy.
You realize a "sane" tax policy would require EVERYONE paying more in taxes, right?
It's not about Billionaires giving enough.
Philanthropy is power.
It's about rich people not being taxed enough. They work to assuage their own pet issues in selfish ways while maintaining cut-throat monopolies in their prime years.
The philanthropy is legacy building on what should be the public's dime. Whatever is left in inheritance should be taxed highly to finance government programs.
Philanthropy is power.
It's about rich people not being taxed enough. They work to assuage their own pet issues in selfish ways while maintaining cut-throat monopolies in their prime years.
The philanthropy is legacy building on what should be the public's dime. Whatever is left in inheritance should be taxed highly to finance government programs.
To add onto this- every state that has looked into doing single payer has abandoned it because of the massive tax increase on the middle class it'd require.
Because they'd be voted out of office nearly immediately if they went for it.
Like, my husband and I are fairly well off. We earn multiples of the median income in our area. We also own a quarter of the company he runs. We absolutely should pay more in taxes. No question in my mind. We aren't even that wealthy, but we should definitely be required to pay more. So should millionaires. So should billionaires. I don' think anyone disputes that. The idea, though, that all billionaires are bad people, or that they should be compelled or whatever into giving more money away....that's where I take issue.
Also, I looked at the charitable giving of all the presidential candidates. It's fucking sad.
Also, I looked at the charitable giving of all the presidential candidates. It's fucking sad.
It's not giving away money if they are effectively taxed.
Charitable giving does not replace structural change which requires progressive taxation especially on in-efficient money.
Inheritance money is unproductive and low velocity. There is no reason for taxation at a certain threshold not to be a "flogging."
The number of billionaires in this country is a market failure.
No person on this planet deserves to be a billionaire like that. No amount of work or effort, not even a lifetimes work is worth that amount of wealth. I don't care if you single-handedly cure cancer, that is too much fucking wealth for an individual, period.
Her boss is a rascist and homophobic ... and her boss is the president of the United States.
Who is going to hold her accountable for saying shit on TV/twitter?
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