ll)llooooou lllllllmmmmmmmlmmm
this post was submitted on 02 Jul 2025
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Hey NDP, enough with the incremental respectability politics. Give us what Mamdani is cooking.
Warren Buffet and Bill Gates did this joke already.
Write an Op-Ed about how they aren't taxed heavily enough. Then spending millions to prop up conservative political campaigns dedicated to cutting taxes.
Quit buying this horseshit. You'll know a millionaire is lying when their lips are moving.
Not only that but Buffet and Gates are likely itemizing and taking advantage of every tax credit and deduction.
No law requires that. They can file a normal tax return and take no deductions.
Instead of living off of capital gains, they can pay themselves a salary.
Fucking billionaires are killing us.
Wealth hoarders are the problem. Millionaires aren't wealth hoarders, and any multi-income home that lives a frugal lifestyle can become millionaires before they retire (and they'll need to, if they don't plan on working into their 80s).
But there should be no such thing is a billionaire, let alone, a billionaire with HUNDREDS OF BILLIONS of hoarded wealth.
Sure, we can tax them more (and should!), but we should also design a system where wealth hoarding isn't incentivized. It should be actively discouraged, and punished at a certain point.
Design? Hmm. What system are you or we designing?
There is one that is available but you won't look at it. Democracy in the workplace is what we should have but again no one wants it.
So again, what system?
What is your question?
Society should be structured so that billionaires cannot exist.
Wealth should be redistributed so that a hand full of people aren't worth more than everyone else.
Profit sharing should be law in all businesses, so that trillion dollar companies are paying all their employees (and their supply chain) enough to make a very comfortable living.
No single individual should ever be allowed to have so much wealth that they can control governments. The fact that we do points to a massive problem in our society's structure.
There are 101 ways that we can fix this problem, and it's not going to happen until we actually get serious about fixing this problem.
And by we, I mean the 99.9% of us who are struggling to get by because a handful of people "need" to have every single dollar in existence.
Ignoring the solution and pretending it doesn't exist is the only thing a liberal can do.
Talk to me when you figure it out.
I hear you, and i agree. I don't understand how to achieve it though, a tax on net worth, with brackets starting at 100 million? Wouldn't they just move their money over a place that would hide it?
Wouldn’t they just move their money over a place that would hide it?
Moving the money shouldn't make a difference, though. You pay taxes regardless of where you the money comes from or goes to.
Hiding income is illegal already. So more enforcement and steeper fines are about the only things left to do in that case.
I don’t understand how to achieve it though, a tax on net worth, with brackets starting at 100 million?
Implementation isn't a consideration until society gets serious about doing it.
Wouldn’t they just move their money over a place that would hide it?
Make that a crime. Tax evasion or worse. Jail wealth hoarders if they don't comply, because they are destroying lives and don't deserve to play games.
You dont live in reality.
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