I've slowly come around to believing in "maximum wealth"

[Geek Nasty]

I don't know the real economic term, but I mean the concept of putting a cap on how much people can own, then tax the shyt out of anything over that limit. We got billionaires with so much money they're out buying stupid stuff. Who the fukk needs a yacht that looks like a damned US Navy destroyer???

https://www.cnn.com/travel/article/superyachts-dubai-international-boat-show-2019/index.html

I used to always think there was a practical limit to how much you could spend; you can only buy so many houses that you'll ever spend time in, drive so many cars, wear so many Rolexes, etc. But the mega rich will FIND a way to flaunt no matter how much you give them.

 

[Mantis Toboggan M.D.]

It’s called a top tax rate. It used to be between 70% and 90% of whatever people made beyond $10 million in any given year. That’s how you find shyt like healthcare, infrastructure, fixing roads, education, science in all fields of it, and other things I’m sure I’m forgetting right now.

 

[Geek Nasty]

It’s called a top tax rate. It used to be between 70% and 90% of whatever people made beyond $10 million in any given year. That’s how you find shyt like healthcare, infrastructure, fixing roads, education, science in all fields of it, and other things I’m sure I’m forgetting right now.

I'm also talking about taxing their wealth on top of their salary to get at those Walmart descendent types sitting on $20-30 billion.

 

[Secure Da Bag]

Look you can make as much as you want as long as people have good schools, decent homes, structurally sound infrastructure, and fiber internet.

Otherwise, you're breaking the system for 90% of the population and that isn't fair.

 

[Geek Nasty]

Look you can make as much as you want as long as people have good schools, decent homes, structurally sound infrastructure, and fiber internet.

Otherwise, you're breaking the system for 90% of the population and that isn't fair.

The problem is when someone has an obscene amount of money they ahve the power to subvert the government so that we DON'T get good schools, decenthomes, infrastructure, and internet. Look at what the Koch's did in Kansas. Windy as hell out here and that family was using their money to SUPPRESS adoption of wind power.

 

[Secure Da Bag]

The problem is when someone has an obscene amount of money they ahve the power to subvert the government so that we DON'T get good schools, decenthomes, infrastructure, and internet. Look at what the Koch's did in Kansas. Windy as hell out here and that family was using their money to SUPPRESS adoption of wind power.

So you agree with me.

 

[mastermind]

Totally

I’m at the point that having obscene wealth should be a negative.

 

[AlainLocke]

The hoarding of wealth is a disease in society.

The idea that one person's aspirations to be the wealthiest person on the planet should be nurtured and enabled at the expense of the entire world is immature. Wealthy people are a drain on society. The desire to be wealthy is more dangerous than being poor.

Nobody and I mean nobody should be able to be a billionaire or create a big massive company like Wal-Mart or Amazon that just swallows everything whole. Nobody.

 

[tru_m.a.c]

I'm also talking about taxing their wealth on top of their salary to get at those Walmart descendent types sitting on $20-30 billion.

You're referencing the estate tax then. The one republicans use to argue will affect everyone else's taxes, but it really only touches like a couple thousand families.

 

[BoBurnz]

Absolutely. What net benefit does any individual having multitudes of Billions of dollars have for society in any measurable way? These people quite literally have more wealth than any human being could spend in a singular lifetime. And it serves no functional purpose, it exists to simply make them more money. So that the imaginary number of their worth continually grows higher.

Any system that allows people to hoard such a grotesque and utterly meaningless amount of wealth for the sole purpose of hoarding the wealth is a non-functional system. It provides no net societal benefit that billionaires exist. Anybody or anything that attempts to convince you otherwise is lying because they delusionally believe that they'll acquire that wealth themselves one day, or because they are being paid by said billionaires to say it.

 

[Yapdatfool]

Minimum wealth

Maximum wages, health and infrastructure

 

[afterlife2009]

Seriously. I don’t know how anyone can muster up the energy to defend capitalism at this point

 

[Pressure]

Seriously. I don’t know how anyone can muster up the energy to defend capitalism at this point

Because the problem is corruption

 

[feelosofer]

I agree at some point these multi billionaires have to use what they have to contribute to society and the US houses more of these people than any other country. Is it a level of wealth redistribution, yes. But the wealth gap in America is a canyon and only growing further apart.

 

[afterlife2009]

Because the problem is corruption

how do we stop the corruption?
the problem is it doesn't work for most people and a number of the problems are simply functions of the system