So let's eat them?
Murder them?
Kill them?
Just post something π
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So let's eat them?
Murder them?
Kill them?
Billionaires are the worst in so many ways
Billionaires are leeches of the society. They shouldnβt exist.
I'll bet they taste delicious slow roasted and with some Sweet Baby Ray's.
I would never consume a billionaire. just let them carbonize on the spit.
True, you don't want that evil somehow living on inside of you.
If only we could shoot them out of orbit, towards the sun.
Well, there is this one billionaire that has the technology for that...
I would like to point out that this is broadly worse than what Deus Ex (2001) predicted 2052 would be like.
Leo Gold:
Number One: In 1945, corporations paid 50% of federal taxes; now they pay about 5%. Number Two: In 1900, 90% of Americans were self employed; now it's about 2%... It's called consolidation; strengthen governments and corporations, weaken individuals. With taxes, this can be done imperceptibly over time."
Also, obligatory:
That's terror.
EDIT:
Oh right, here are the last gas prices from a post apocalyptic California that was utterly destroyed some time before 2052 (and I guess after 2027), by the San Andreas fault just completely cutting loose.

All of the horror. None of the augments.
because the new deal didn't actually address the root problem of billionaires owning the means of production.
that's where the real power is, and why just taxing them isn't fixing the issue long term.
But taxes slow their accumulation of power.
And you're right. We need both.
it does, it also helps us within the confines of the capitalist system. what it doesn't do is solve the problem, they will always worm their way out of taxes or allowing us basic humanities.
Taxes are deflationary, taking money out of the economy. Billionaires avoid taxes, part of how they push up inflation.
Billionaires constantly try to consolidate power, to push profits up, and hence prices. Billionaires and the wealth disparity they create, are both inflationary. Helping the rich get richer at the cost of everyone else.
Every country which runs and has the sovereign right to print its own currency (eg. Their currency isn't pegged to another) has enough money (as long as inflation hasn't gone hyper). Taxes aren't where money comes from. We spend first, and collect taxes as an after thought (which is why deficits are possible)... "We spent money we don't have" doesn't actually make sense, of course we had it to spend... We control the supply of money, we have an infinite amount (inflation is the constraint on spending, so why are we helping billionaires raise inflation?).
The only reason for taxes is to track spending so we can keep Neoliberal rating agencies like S&P and Moodies happy. It's just to please international Neoliberals, so we can say "profits are up"... When we should be measuring outcomes of government. Not how well government pleasured the wealthy and thus, pubished the poor.
...and most of these ratings agencies are from countries who have fucked their economies anyways. It's all a hypocritical facade to pay the rich. We're at french revolution levels of wealth disparity.
The real economics are those of helping citizens to be and do more. What we have now is a sham and should be replaced.
We need the 91% top-tier tax bracket.
We also need capital gains taxed at the same (or greater) rate as income tax.
We also need a 1-2% annual tax on registered securities, payable not in dollars, but in shares of the security. No more than 1% of total-traded volume will consist of liquidated shares. Up to $10 million worth of securities will be exempt from this tax, if held by a natural person.
We also need capital gains taxed at the same (or greater) rate as income tax.
Can we amend that so the poors are a bit exempt? That could be useful to uplift people.
Income tax is already progressive, with "the poors" already exempt. Treating cap gains the same as income tax would exempt "the poors" in the same way.
Taxing cap gains at a lower rate than income is an insult to labor.
Adding to that, why not have capital gains tax be progressive tax brackets too? That way you don't disencentivize poorer people investing and have high rates for wealthy people.
We need the 91% top-tier tax bracket.
Why stop there? A 91% top-tier tax bracket got us here. Let's make it 100% this time for good measure.
Abandoning the 91% top tier rate is what got us in this mess. "Trickle Down" actually worked when there were consequences to not spending your excess earnings.
91%, 100%, 150%, 10,000%, doesn't matter: nobody paid it. The point of it was to get people to avoid it. What they had to do to avoid the top-tier tax rate is what drove the economy.
But then what incentives would the creators of the soul-crushing-machines have to invent the next soul-crushing-machine???
My point was to de facto criminalize billionaires. The law would state you are not allowed to own this much. Full stop. People would very quickly see obscene wealth much more critically if it was a crime.
Just treat greed as a mental illness. Lock those sociopaths up
And 30% inheritance tax
Progressive inheritance tax capped at some reasonable value.
Inheritance tax doesn't even apply for the first $3M
Great. Make that the cap.
We dont need to tax the rich its time for disembowelment, eating, guillotine and corpse wagons.
Tax their life.
But all the money they donate to political campaigns totally doesn't influence policy.
This is a return to the 60s that I can get behind.
Ironically, this is how we really make America great again.
Turn the spigots back on!
So do I understand correctly that the top income tax bracket is 0% today? Or is this just another shitty ragebait headline. Oligarchs shouldnβt exist, but almost none of their money comes from wages or capital gains anyways, so any polemics about income tax are mostly meaningless for this issue. Any type of wealth tax is fairly trivial to evade at that level.
The only thing that would work would be to enforce existing anti fraud laws to prevent oligarchs from gaining power in the first place, as well as convicting them for the white collar crimes they commit open daylight, and use fines as a way to get some of the absurd concentration of wealth out of the system.
Any type of wealth tax is fairly trivial to evade at that level.
Factually incorrect. Taxing a billionaire's wealth wouldn't be dissimilar from what we already do with property taxes. All it requires is an assessment and we already do that as a matter of policy in most states.
Secondly, none of this is meaningless. Billionaires are the single biggest problem for most of the human race, and they are the biggest drivers behind climate change. Holding them accountable is essential.
Right. Itβs not like they can on paper move their assets to whatever organization, estate, jurisdiction, subsidiary, shell company, offshore account, or arcane vehicles we never heard of, to avoid paying wealth taxes!
hey, Bezos the Clown has nearly perfect teeth, how about that, my friend?
Dental veneers are a thing that I bet more rich people have than you'd expect