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I'm "racist" against billionaires and not even pretending not to be. There's like no more than a small handful who do much (relative % I mean) good for anybody. Those should be noted and tasted normally (if they weren't while on the way up), but they should be taxed out of existence. Il
I don't know what the number should be, but it shouldn't be possible for your net worth to even approach a billion.
Probably smaller than $50M. Shouldn't be possible to surpass that much. Even that amount should be heavily forced into charity.
If you're in that upper echelon, I automatically hate you before I've heard of you, and I'm fairly confident the amount of times I'm wrong would be extremely small.
Super rich people have to prove they're worth not hating. Their default position is "hated idiot" until proven otherwise.
There's just so little possibility I wouldn't want them dead in a vacuum (devoid of other moral considerations).
Does that make you classist?
Either way, all good. It ain't racist if the fact they're all white guys or Clearence Thomas is accidental or their own nepo action.
That's how the concept was worded around the people I grew up with. I forget my audience on here sometimes lol
They wouldn't say "classist" they'd say "racist against the _____ class"
I can think of two billionaires that I'm tentatively okay with. One sold a software service for a dollar a year to a couple billion people, and the other is a musician with an extremely valuable musical portfolio and popular live shows.
The key part being that they almost entirely made their money by actually producing something themselves, not just leveraging money to make money or leeching off the work of others, and what they made actually provides value. $1 a year for communication services is a fair value, and the musician has easily provided more than a billion hours of enjoyment.
I can't think of anyone else that it seems reasonable to have that much money that actually has that much money.
I agree we should eat the rich, but I'll also admit that it's a rare treat, so worth going all out on the seasoning and dining experience. At the least some fresh herbs and butter basted. :P
I'd cap it high enough so that you can obviously retire with a life of luxury, leave your children unquestionably provided for, and start a few odd businesses without realistically risking the previous points.
"Solving" you and your families material needs is sort of the endgame for wealth. The extra for random business ventures is because society actually benefits from people with safety nets taking risks to see if something makes money. It works better if we had a society wide safety net so failure doesn't kill you, but even a limited form still has a benefit.
Anything leftover shouldn't go to charity, it should go back to the society that helped them get the money in the first place. Charity is good, but it's ultimately a bandaid on social problems, and too often isn't distributed evenly or without condition to those who need it. Taxes and entitlement programs won't require a religious sermon to get food,