this post was submitted on 20 Mar 2025
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This is fine, but millionaires won't save us
Sure, but let's pretend this one hasn't done significantly more than others.
Absolutely, but it is food seeing some people who actually use their money for something good.
They could, but they won't.
Maybe if they all teamed up and were organized to do so. But a tiny handful of billionaires control as much wealth as the millionaires. It's much harder for a class to voluntarily do good than for a small handful of people. That's why society needs to step in, tax them, and distribute to projects as needed.
Back during the gilded age and earlier it was common for wealthy individuals to found public services like hospitals and schools partly because these services were unlikely to exist without a wealthy benefactor to create them, so they'd found them with their own family and friends in mind first, but also as a hedge on helping improve their public image as the lack of any protections for the working class created literal battles between the working class and mercenaries hired by the owning class
This could be pointed to as a successful test case to get the gov off it's ass and implement this at a macro level.
You are correct millionaires will not save us, however we should reward behavior we want to see. Lest we get more billionaires who are a net drag on society.
How though. Anti taxers would point out that it should be an 8 story concrete apartment building for maximum return of government investment, but no increase in taxes, any concerned official is left fighting politically for leftover funds to slowly build up in an account to initiate the project, and then they loose an election and the next guy uses it on fancy jewlery for his mistress.
Even just getting one building off the ground and they’ll be eviscerated for not using economies of scale. Building ten at the same time and a slight cost overrun which always happens is multiplied by ten.
Sorry for my pessimistic rant.
I really don’t like that you got downvoted so much for this. You are not wrong, that is the anti-taxer take, and your exposure to those who might not be aware contributes to the discussion in a meaningful way. I don’t know or care if you’re anti-tax I just know you brought up well thought-out points relevant to the conversation and I don’t like seeing the upside down vote count.
Thank you
I’m not anti tax. Just had to deal with somebody’s temper tantrum that school taxes are theft.
He did actually save those homeless people.
I don't think it's possible to amass "millions" as an executive, while giving fair payments to everyone down the chain.