America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.

100 points

Every day we’re here just to learn billionaires & families should be crushed and their wealth redistributed amongst third world countries.

permalink
report
reply
16 points

That would just make other billionaires somewhere else. The problem is the system not the people

permalink
report
parent
reply
18 points

He did not say “once”. I think they’re suggesting a systematic approach. I periodic Purge if you will. Like some shitty movie.

permalink
report
parent
reply
2 points

The moment they go above a certain amount and still act shitty, they are food.

I wouldn’t care about rich people if they just paid their workers, paid their taxes, looked at reducing the pollution of their companies, didn’t lobby against the public interests, and just were all around swell people.

The problem is that they aren’t, none of them are.

Either they become like that from being rich, or only awful people are moralless enough to become rich. But there isn’t a single good rich person.

permalink
report
parent
reply
0 points
Deleted by creator
permalink
report
parent
reply
4 points

Yup, the problem is firmly the system, but suggesting a worldwide change to socialism/communism is less “palatable” and believable by the average person.

So “eat the rich” is a decent compromise for a comment not intended to approach any sort of complex answer, while still being a move in a better direction than suggesting things to continue as they are.

permalink
report
parent
reply
5 points

Suggesting a replacement system is infinitely more palatable to me than another Reign of Terror followed by (presumably) the same mistakes. Revolutionary defense is fine, but we don’t need bloody revenge.

permalink
report
parent
reply
-1 points

Why advocate for structural changes when we can meme fedpost about a violent solution?

permalink
report
parent
reply
3 points

Redistributing the wealth of billionaires is already part of a good structural change, it’ll remove from them power they’d use to continue the exploitation of the people. You can substitute “crush” by destitute and incarcerate them if you’d prefer, as long as the wealth isn’t on the hands of the few anymore.

permalink
report
parent
reply
79 points

If anyone is asking how do we pay to solve the climate crisis. I think its pretty clear who should be paying.

permalink
report
reply
52 points

permalink
report
parent
reply
27 points
*

This is true for almost anything. Major corporations, and the investors that profit off of them, pay so little in taxes compared to the average citizen. Instead, their money is devoted to lobbying and setting up careful corporate international glass houses so they don’t have to pay the taxes they should. We can push much harder on tackling social issues, but the top 10% don’t exist in society, they lord over it

permalink
report
parent
reply
6 points

the top 10% don’t exist in society, they lord over it

I think you mean they run it

permalink
report
parent
reply
-2 points

How much money does the top 1% have and how much do you think it will cost to clean up the world? Those two numbers are not even within 3 years of global GDP dipshit.

permalink
report
parent
reply
2 points

Last year they increased their wealth by 8 trillion usd. Since 2021 their combined wealth is 42 trillion usd. (Thats twice as much as the rest 99% combined)

It is estimated that to fix the climate crisis it takes between 300 billion - 50 trillion usd. So they actually could do that.

And than there is the matter of comparing personal profit of a few. To the entire value produced by a country. Which is a really dumb comparison.

But you might know that the gdp of the us in 2021 was around 23 trillion.

So your the intellectual floor gymnast, dipshit.

permalink
report
parent
reply
-4 points

China and India, but you won’t admit it.

permalink
report
parent
reply
3 points

Who are the factories of the west and emit co2 for our products.

permalink
report
parent
reply
2 points

The U.S. military is the largest single producer of emissions on the planet.

permalink
report
parent
reply
64 points

So fucking sick of billionaires

permalink
report
reply
30 points

What do you even do when you exceed 100 Millions?

They must be mentally sick in some way “just one mooare billion pleaaase”

permalink
report
parent
reply
20 points

If you have over a billion dollars, you could spend every waking moment shovelling money into a fire and you would still have over a billion dollars when you die

permalink
report
parent
reply
6 points

When I first started reading this sentence, I thought I was with you, but by the end I was scratching my head.

permalink
report
parent
reply
4 points

Yep. They earn interest on their money often faster than they can spend it. It makes less than no sense.

permalink
report
parent
reply
-3 points

I imagine its just a prick waving contest between the rich. They just compare the number in their account to the others and want to have a bigger number.

permalink
report
parent
reply
61 points

The US subsidizes fossil fuels to the tune of 600B per year. You pay for pollution with your taxes.

permalink
report
reply
48 points

We need a 95% tax bracket for anyone that makes more than a few million/year.

permalink
report
reply
15 points

And a wealth tax for people having more value than like 10 millions (or less actually).

permalink
report
parent
reply
9 points
Deleted by creator
permalink
report
parent
reply
3 points

A few million/year is a reasonable amount of money for a (highly) successful person to make. A wealth tax for people making over a billion or just $100M per year is enough to fix a lot of the problems in this country without destroying the “American dream”

permalink
report
parent
reply
5 points
*

The way I see it, if you make enough money to buy a nice, moderate house in California or Hawaii once per year, you are already making too much money. My cutoff would probably be closer to $2-3M… though I’d be willing to go higher if paired with an annual “wealth tax”… say, if you have a value of over - for example - $20M (incl. stocks and any other non-liquid assets) you must pay 20% of any excess value in taxes annually. That would be on top of the 95% multimillionaire income tax.

permalink
report
parent
reply

World News

!worldnews@lemmy.ml

Create post

News from around the world!

Rules:

  • Please only post links to actual news sources, no tabloid sites, etc

  • No NSFW content

  • No hate speech, bigotry, propaganda, etc

Community stats

  • 7.4K

    Monthly active users

  • 9.7K

    Posts

  • 117K

    Comments