this post was submitted on 07 Feb 2026
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How much of your excess money are you giving away? 100% of it?
Buddy I can't afford a home. That to me is a human necessity. Owning things, especially basic things like your clothes and your shelter and your tools to make a living, is necessary. I make a good amount of money and I still can't afford all of the basics.
You pretending that I'm saying every person must give every dollar away is stupid, disingenuous, and wrong. I'm not saying no one should have savings, I'm specifically saying if you have enough money to never work again in your life and still afford all the basic necessities and plenty of luxuries - which for most western countries is 5 million or so - you should be giving every other cent away. I'm not even saying donate it to charity. I'm saying buy your friend's houses, buy the city a new library, send a bunch of kids to college and set them up for success, pay your fuckin taxes. And do that so fast that you're not holding onto an extra dollar longer than you need to be because excessive money turns you evil.
What is broken inside of you that you're defending billionaires? Why are you defending the very people who harm you daily? That steal from you and your kids? The hundred millionaires that are actively choosing to kill the planet or defend pedophiles or allow starvation and homelessness to happen?
No, I do not believe everyone making less than 200k a year should have no savings and single handedly attempt to fix all the problems the ultra rich are causing. That's a stupid suggestion. I do believe everyone should chip in to their community, build infrastructure both physically and socially to better society, but God damnit that'd be a lot easier if half the wealth of the world held captive by evil assholes was more equitably distributed.
I’m not defending billionaires. I’ve never defended a billionaire. I’m pushing back on the idea that a billionaire is the same as a regular person but they have a billion dollars in their bank account and they can just give the money away with no consequences. It’s almost never like that!
So like let’s say you owned a company with 10,000 employees and your company was worth over a billion dollars. Congratulations you’re a billionaire! But if you’re gonna give away a billion dollars that means selling off the company and those 10,000 people losing their jobs! Or you’re selling the company as a whole and the new owner is a billionaire who is responsible for those employees.
Other suggestions I’ve heard are things like having the government take over the business, like that worked so well in the Soviet Union! Great way to create another Putin!
So do you have any suggestions for what to do with a billion dollar company without tearing it down, selling it off, or handing it over to the government?
What the fuck are you talking about? That's not how any of that works. Are you young or something because there's no way you're going around pretending having a billion dollars is the same thing as owning a billion dollar company and then defending that fictional billionaire because you're fuckin bored?
I think what you're trying to say, and not making a lick of sense, is that in this hypothetical scenario this person owns a publicly traded company and owns 100% of the shares worth 1 billion dollars. If that is what you're saying, that person doesn't have a billion dollars, they have the ability to sell shares and theoretically, and only theoretically, make a billon dollars. That's not what were talking about. We're talking about if a person HAD A BILLION DOLLARS.
Not if they had a billion dollars but it was lost at sea, not if they had a billion dollars but it's all in gold buried on an island, not if they have a billion bitEthereumDogecoins and technically they're worth a billion dollars as long as they never sell them. We're not talking about any hypothetical scenario you want to come up with right now. We're talking about a random schmuck who has a billion dollars. Now do you believe that person should give all their money away except for, let's be generous, and say the last 10 million dollars? Enough money to never work again, for their partner to never work again, for their kids to never have to worry. Do you believe that? If not, and all you're doing is making up hypothetical scenarios as to why the poor billionaires have their hands tied when trying to not be billionaires, then you're just defending them. You're going online, and defending the people robbing you of a better life.
Now if you'd like to talk about your hypothetical scenario, we can do that. That's fine, but that's a different thing. So let's say my interpretation of what you said is true. That person could keep on owning that company and, as long as their take home is reasonable, and they're not able to leverage those assets for loans to make themselves live a rich asshole lifestyle. That's fine. But the moment they do sell those assets or do leverage them for self-gain, then they need to be getting rid of that money as fast as possible. Taxation, donation, gifting. Right now loans are capable of being taken out again owned assets and essentially escaping a large chunk of taxation and distribution, that should be prevented.
But if that is the minimum, I'd say the correct thing for your hypothetical person to do would be to additionally pay their employees partially in stocks. That way even if the billion dollar's in stocks is being leveraged, it's being leveraged ideally equally amongst all creaters of that profit.
Every person should own a portion of the company they work for, that's just common sense. A portion of the land their business is on, if not the whole thing. Their entire house (but maybe not the land). Their car or a portion of any private mass transit (although of course public is better). Their tools, their food, their art, their hobbies on and on and on.
There is no hypothetical situation where someone is justly living as if they had 20 million dollars or more. They cannot be good people and have that much wealth. Especially at the billion dollar figure.
The average person could donate a fraction of a cent and be giving away more excess than a billionaire when speaking in relative terms
That’s not the logic we’re operating with here. The GP claimed that if you’re not giving away your excess money, you’re committing the bad deed of inaction. Thus no one should have any savings whatsoever. Every penny beyond what you need to survive should be given away or it’s a bad deed.
They're not gonna pay you for bootlicking here