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Forum » Should it be illegal to be super wealthy?
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Thread: Should it be illegal to be super wealthy?

post 1689804053 09-09-2023, 05:50 PM
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Originally Posted By AlfBundy⏩
You can thank immigration for that, son. Before America was flooded with cheap labor from the third world, a working class man could afford a house and a family
Same retards who complain about CEO pay, corporate profits and capitalism support the biggest exploitation of cheap labor in the United States.

Those corporations spout some diversity crap the morons eat it up
post 1689804073 09-09-2023, 05:50 PM
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Originally Posted By AlfBundy⏩
You can thank immigration for that, son. Before America was flooded with cheap labor from the third world, a working class man could afford a house and a family
that, and feminism

Women entered the workforce, less demand for american labor (illegals) and less demand male labor (feminism).
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post 1689804193 09-09-2023, 05:52 PM
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Illegal? No.

But it shouldn't be possible (i'm assuming super wealthy = 1b+) within the system to acquire that much money. No one needs or deserves a billy.

I agree with high taxes on amassed wealth, but there should be super tax breaks if you are spending your income on american companies/products. IE if you make 100 million a year but you spend 98 of it in the American economy that year, you get taxed like anyone else. If you spend 2 million and put 98million in bank the tax man eats your financial soul.

You can make it and use it if it's going back into our economy. If you're gonna be a wealth dragon and hoard it just **** off.
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post 1689804573 09-09-2023, 06:02 PM
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Originally Posted By Tanerian⏩
Illegal? No.

But it shouldn't be possible (i'm assuming super wealthy = 1b+) within the system to acquire that much money. No one needs or deserves a billy.

I agree with high taxes on amassed wealth, but there should be super tax breaks if you are spending your income on american companies/products. IE if you make 100 million a year but you spend 98 of it in the American economy that year, you get taxed like anyone else. If you spend 2 million and put 98million in bank the tax man eats your financial soul.

You can make it and use it if it's going back into our economy. If you're gonna be a wealth dragon and hoard it just **** off.
Hoarding your wealth is now a crime?
post 1689804953 09-09-2023, 06:10 PM
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Originally Posted By Dave22reborn⏩
Hoarding your wealth is now a crime?
Pretty sure no where in my post did I say anything like that. Also started the post by saying it shouldn't be illegal.


But if you are of billionaire wealth and the majority of your money is just sitting somewhere growing, I hope you get shot in the face, illegally.
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post 1689805683 09-09-2023, 06:33 PM
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Originally Posted By Tanerian⏩
Pretty sure no where in my post did I say anything like that. Also started the post by saying it shouldn't be illegal.


But if you are of billionaire wealth and the majority of your money is just sitting somewhere growing, I hope you get shot in the face, illegally.
There's nothing wrong with money sitting there and growing and most billionaires and people with any sort of wealth are letting their money sit their and grow.

Most billionaires do not have a billion in cash. They have a billion in assets.

And while billionaires have assets sitting there and growing, those assets are not just doing nothing... Those assets are providing capital for companies/organizations to make money. For example, if you bought a 20 year bond, the government is borrowing your money to fund its activities so even though your money isn't technically doing much for you, it's helping out the government. Same with stocks.

Plus, with many billionaires much of it is in stocks. For guys like elon musk, if he sells all of his tesla stock, the price of tesla would crash

In short, money sitting there and growing is about capital allocation which helps fund economic activities even though it looks like its just sitting there and doing nothing
post 1689805753 09-09-2023, 06:34 PM
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Originally Posted By Tanerian⏩
Illegal? No.

But it shouldn't be possible (i'm assuming super wealthy = 1b+) within the system to acquire that much money. No one needs or deserves a billy.

I agree with high taxes on amassed wealth, but there should be super tax breaks if you are spending your income on american companies/products. IE if you make 100 million a year but you spend 98 of it in the American economy that year, you get taxed like anyone else. If you spend 2 million and put 98million in bank the tax man eats your financial soul.

You can make it and use it if it's going back into our economy. If you're gonna be a wealth dragon and hoard it just **** off.
Make a 100 mil, and spend 98 on gold-coated toilet bowl and useless yacht, and other obscene nonsense, and get a tax break. This is what them ultra high net worth people tend to do. Taxation should be fair. Not punishing for being smart, and no loopholes to get a tax break
post 1689806483 09-09-2023, 06:55 PM
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Originally Posted By Tanerian⏩
Pretty sure no where in my post did I say anything like that. Also started the post by saying it shouldn't be illegal.


But if you are of billionaire wealth and the majority of your money is just sitting somewhere growing, I hope you get shot in the face, illegally.
Why???
post 1689809353 09-09-2023, 08:10 PM
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Originally Posted By NextPound⏩
How much money is too much money? The answer is always more than I have.
There is a correct answer in economic terms. When someone amasses enough wealth to break the system through corruption, market manipulation, distortion of labor markets, predatory collusion/pricing tactics, etc. - that is a market failure. The system is no longer efficiently allocating resources. They are economic parasites that are actively hurting your economy and country.
post 1689809533 09-09-2023, 08:14 PM
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Income tax should be capped at 20% across the board regardless of what you make.

Y'all remember all the memes about people who make $30k crying about Biden raising taxes on households over $400k? That was what 2 years ago. I know people who weren't making $200k two years ago who blew past that $400k threshold. And they get punished for being successful. If anything, the poor should pay more taxes. It may incentivise them to get their shyt together.
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post 1689810333 09-09-2023, 08:34 PM
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Originally Posted By ErnieMccracken⏩
There is a correct answer in economic terms. When someone amasses enough wealth to break the system through corruption, market manipulation, distortion of labor markets, predatory collusion/pricing tactics, etc. - that is a market failure. The system is no longer efficiently allocating resources. They are economic parasites that are actively hurting your economy and country.
So how much?
post 1689810423 09-09-2023, 08:36 PM
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inb4 the misc starts calling him BernieMccracken
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post 1689810713 09-09-2023, 08:44 PM
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Only if they're jewish, so basically the entire financial sector
post 1689810723 09-09-2023, 08:44 PM
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How much do you think food prices increased if there weren't so many starving on the streets like OP claims though?

When you really think about it, the super wealthy can only eat so much, so they aren't putting a strain on demand by being wealthy. You distribute that out to people who start buying food with that money what really happens to the price of food? Gotta think it starts going way up, meaning all of our lives just got that much worse. You think eggs cost a lot now because of inflation??
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post 1689810743 09-09-2023, 08:44 PM
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Originally Posted By Dave22reborn⏩
So how much?
If you believe in capitalism and had a capitalist economic system, there definitely wouldn't be any billionaires.

No one has ever tried that, though. The richest man in the world is a welfare queen.
post 1689811913 09-09-2023, 09:10 PM
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Originally Posted By ErnieMccracken⏩
If you believe in capitalism and had a capitalist economic system, there definitely wouldn't be any billionaires.

No one has ever tried that, though. The richest man in the world is a welfare queen.
You have no idea what you're talking about do you?
post 1689812093 09-09-2023, 09:16 PM
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Originally Posted By NextPound⏩
Why wouldn’t there be billionaires? Why wouldn’t there be millionaires? Why wouldn’t there be hundred thousandaires?

How much did they steal from you by providing a service that the market wants?

You might be retarded, Ernesto.
You think an african immigrant grifting tens of billionaires from US taxpayers or Bozos crushing every small business in the country is a service? You see that as a net good for society?

How about all the pharma companies getting rich off the vax? Just providing a service, eh?

Originally Posted By Dave22reborn⏩
You have no idea what you're talking about do you?
I bet you guys learn tons about econ in cop school. Probably had you up all night reading Keynes and Friedman.
post 1689812323 09-09-2023, 09:20 PM
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Originally Posted By ErnieMccracken⏩
You think an african immigrant grifting tens of billionaires from US taxpayers or Bozos crushing every small business in the country is a service? You see that as a net good for society?

How about all the pharma companies getting rich off the vax? Just providing a service, eh?





I bet you guys learn tons about econ in cop school. Probably had you up all night reading Keynes and Friedman.
Let me guess, Zuckerberg, Gates, Musk, Buffet, etc, don't deserve their wealth, it should be taken away from them and........ Well, let's hear it, what would "you" do with their money?
post 1689812483 09-09-2023, 09:24 PM
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Originally Posted By Dave22reborn⏩
Let me guess, Zuckerberg, Gates, Musk, Buffet, etc, don't deserve their wealth, it should be taken away from them and........ Well, let's hear it, what would "you" do with their money?
The entire economic system is fundamentally broken. Do you agree or no?
post 1689812603 09-09-2023, 09:26 PM
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Originally Posted By crupiea⏩
Peopls seem to have this misconception of money.

If one person has a lot of it, that doesnt men others have to be poor. They can also have a lot of it.

Its not a finite resource.

So if you take rich peoples money, it does nothing to help poor people. Actually makes them poorer because they will be out of a job that was provided by the rich person.
not sure if srs. all billionaires got where they are from some kind of cheap labor down the line like some poor soul working for pennies mining cobalt, ain't no trickle down economy for them.
see sig
post 1689812643 09-09-2023, 09:27 PM
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Originally Posted By PowerPal⏩
not sure if srs. all billionaires got where they are from some kind of cheap labor down the line from some poor soul working for pennies like some African child mining cobalt.
And the people bitching about it, are using the products that are made from that labor......
post 1689812723 09-09-2023, 09:28 PM
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Originally Posted By ErnieMccracken⏩
The entire economic system is fundamentally broken. Do you agree or no?
Wow, spoken like a true revolutionary...... Let's hear what should be done about it...... Oh that's right, more government is always the answer with you people.
post 1689812793 09-09-2023, 09:29 PM
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Originally Posted By Dave22reborn⏩
Wow, spoken like a true revolutionary...... Let's hear what should be done about it...... Oh that's right, more government is always the answer with you people.
Yes or no? And how would you fix it?

Simple questions.
post 1689812833 09-09-2023, 09:30 PM
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Daily Reminder: ErnieMcCracken is full-blown communist


Originally Posted By ErnieMccracken⏩
Intellectuals are dreamers and idealists by nature. That's what draws them to such questions in the first place.Communism represents the ultimate and final form of self governance. It's the cold fusion of governments, so close and it could be so sweet if we could ever get it right.If humanity was to ever leave the earth, the only way it's possible is through communism (ask Elon). There's a reason it was picked, without debate, as the form of government for the future colony on Mars.

There's plenty enough food, water, housing, healthcare, education, etc. for everyone to live a decent life. All the wars, famine, and struggles for resources are artificial and imposed by a tiny group of greedy criminals. Why don't we all just pull in the same direction? Why are we too fukn stupid to help ourselves, as a species? The giga brains of humanity will wrestle with that until some depressed MOGGER finally hits the button and nukes us all.

But of course the reality is that we're just apes walking around in clothes and that's all we'll ever be. Rarely will anyone who amasses real power be willing to reach for anything beyond MOGGING poorcels, fukkin hot sloots, buying sick yachts, flying around in dink shaped rockets, etc.
Originally Posted By ErnieMccracken⏩
Probably communism's best chance to take hold srs. There would be abundant resources available to everyone.
post 1689812873 09-09-2023, 09:31 PM
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Originally Posted By gwg77⏩
Daily Reminder: ErnieMcCracken is full-blown communist
Miscers literally don't know the difference between any forms of government. Most cannot even name the branches of government.
post 1689812913 09-09-2023, 09:33 PM
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Originally Posted By ErnieMccracken⏩
Miscers literally don't know the difference between any forms of government. Most cannot even name the branches of government.
Oh yes, everyone is just too ignorant to understand your literal words. Nice try, you commie fаggot.
post 1689812993 09-09-2023, 09:35 PM
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Originally Posted By gwg77⏩
Daily Reminder: ErnieMcCracken is full-blown communist
Well, this explains everything.
post 1689813003 09-09-2023, 09:35 PM
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Originally Posted By Dave22reborn⏩
And the people bitching about it, are using the products that are made from that labor......
I didn't make the system boyo, I can still point out its flaws even though I participate. participation was forced on me
see sig
post 1689813013 09-09-2023, 09:35 PM
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Originally Posted By gwg77⏩
Oh yes, everyone is just too ignorant to understand your literal words. Nice try, you commie fаggot.
Don't use words you don't understand.
post 1689813263 09-09-2023, 09:42 PM
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Originally Posted By ErnieMccracken⏩
Don't use words you don't understand.
Say it with me one more time Big Ern:
Originally Posted By ErnieMccracken⏩
Communism represents the ultimate and final form of self governance. It's the cold fusion of governments, so close and it could be so sweet if we could ever get it right.
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