Not that I’m particularly against that - quite the opposite, in fact. But I’m wondering if anyone sees, or had seen a path to social and climate recovery/progress that could occur without first eradicating the class of people who most enjoy the present status quo.
Demand money be removed from politics and follow through to make it happen. Make laws that no longer favor the rich.
It’ll never happen, but it’s what it would take.
I’ll add that we can now remove the tax exempt status for religious organizations. Only problem is it puts more money in the hands of the government so they mismanage that as well.
I wish we could get full transparency of where literally every dollar is spent. We shouldn’t have to ask for that.
I mean, take all their money so that they’re no longer billionaires.
I think it’s possible they might have an opinion on that subject, perhaps loosely phrased as “over my dead body”
So, let’s put aside for a moment the rather shocking number of people casually advocating for murder in this thread.
I want to talk instead about how everyone here is just talking for granted the notion that removing the billionaires, Republican politicians, or whatever “they” you care to think of, would be a solution, or even a positive step, for modern social ills.
There’s a big undercurrent in almost any political discussion online, this implication that every one of the world’s problems actually has a super simple solution, that The Powerful could just snap their fingers and make it happen if they wanted to, and it’s only because of their greed etc that we have any problems that all. Obviously we live in a time of huge inequity and we’d be a lot better off if we found a good way to improve it.
But many (most?) of our biggest problems are inherent to the challenge of keeping 8 billion people alive and happy in a hostile universe, and in fact nobody has ever had a perfect solution. Throwing the entire planet into chaos by causally throwing away human beings’ rights and leaving an enormous portion of the world’s capital in uncertain hands, ready to be seized by some other set of psychopathic opportunists who happen to be in a position to do so, certainly ain’t it.
Tax all billionaires more?
The problem isn’t the exact rate, it is their ability to pay for tax experts so they can avoid having most of their wealth taxed at all. This is why Biden wanted to beef up the IRS and sic them on billionaires. Scrutinize the cracks they slip through.
That’s part of the problem; but, increasing tax rates (income, capital gains, depreciation recapture, 1031 exchanges etc) is needed even more than enforcement of existing. You’d be surprised how much of what the rich do to reduce their tax burden is perfectly legal and IRS enforcement would just be an annoyance.
Adjust our economic system to disallow inherited wealth beyond a lavish amount. I don’t mind a person getting rich for starting and succeeding with a massive company. I do mind the 100B being passed to their children, who will never have done anything to earn it.
Let the kids have $10 million each or something, the government should take the rest. If they try to “leave” the country the same thing should apply.
This will also adjust the incentive for billionaires to just make more money since they know they won’t be able to pass it on maybe they will start actually spending it to keep the
RIP BlameThePeacock. Tragically eaten alive by billionaires before they could finish their post.
