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Nobody should have a right to more than, say, 10 million dollars. Any worth over that, tax it at 100%.
Similarly for companies, tax them dynamically. Ybr bigger the company, the higher the tax. At, say, over a billion dollars, tax it 100%. Limit company sizes to 1000 employees.
This way, nobody is too big, nobody is too powerful, nobody is too rich
Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
I agree there is no reason why an individual should have that much economic power. There is no justification for that amount of wealth in so few hands.
He's right. Let's see if people could live off 999 million in assets.
A mere 999 million!?! You monsters want these people to starve in the streets...
It's not that we shouldn't have billionaires. Its that we have billionaires when we have people living on the streets because the rent is so ridiculous. Its that we have people dying on the streets because they cannot afford health insurance. The gravy on the shit-fest is that billionaires are actively bribing the politicians to prevent those policies from being implemented. That is the textbook recipe for guillotines.
What is the other sides' argument for why we SHOULD have billionaires?
Genuinely asking if they have anything tough to contend with or is it just another critical avoidance of theirs?
I usually get some variation of “They worked hard and deserve the reward. We shouldn’t take that away from them, they earned it fairly.” Yes, it’s infuriating.
And he's right.
By any measure, the exidtence of that great of a disparity in wealth in a society is evidence of the failure of the systems on which that society is built.
It's akin to if you were responsible for caring for a field of crops, and you ended up with a field in which two or three plants were enormous, bloated and overgrown. a few were more or less healthy, snd the rest were weak and shriveled and starving.
That rather obviously would mean you'd failed.
Billionaire says 'I don't think we should have Zohran Mamdani '
Luigi has entered the chat.
The whole billionaire thing is completely arbitrary. It used to be that being a millionaire was a big deal. With inflation, in a couple more years we'll have trillionaires, if Mohammed bin Salman hasn't become the first one already.
If you make more than most people, regardless of how much that is, you should be heavily taxed.
We shouldn't. And he thinks that too. Cool.
He's going to send so many right-wing working poors into hysterics over that.
not surprised considering his other views but glad to see his courage in sticking to his principles against a very biased media landscape. even his rap was fun af. this guy never misses.
I worry the billionaires will send assassins after him. It would cost them so much less than what he's suggesting.
Not a strong stance to be anti-thief. I'll take it though! We all need to speak plain sense more often.
Zohran the destroyer of billionaires
Yeah, we probably shouldn't have people who horde so much wealth it negatively affects the economy.
So happy to finally find a politician who agrees with me