Coli should billionaires be allowed or is it immoral?

[BaldingSoHard]

I have no problem with billionaires, especially when you consider that the US Congress has a budget of $5.8 TRILLION just to spend THIS YEAR and can't help people out.

 

[Jalether]

How much of that $10 million does he take home vs. Taxes & Business expenses?

This is exactly why nobody takes us seriously.

 

[Orbital-Fetus]

Sad part is most people who defend billionaires probably think they have a chance to become one if they work hard enough

Is this based on polls or something?

It's from a famous docu-series.

Spoiler

 

[dora_da_destroyer]

yes, the bigger issue is how we don't properly tax most of the capital and assets that allow billionaires to keep doubling up their money. at some point, stock assets over $XXX should be taxed at regular income rates, real estate holdings as well, you got more than 3 LLCs or S-corps, pay up, etc. we don't tax the real assets that allow their net worth to balloon so they get exponentially wealthier