The best way a billionaire could spend their money is to lobby politicians to tax the rich.
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Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.
I agree. My real abhorrence, however, is for the countless bootlickers who themselves live in near poverty yet loudly support their overlords in a sycophantic and unquestioning fashion. These class traitors, masquerading as real Americans are as culpable as the mentally deranged hoarders they prop up.
I don't feel like there's a way to get through to these sheep-like collaborators, so it's difficult to imagine anything will change in the near future.
they have been isolated by our mass media environment being hyper individualized, and gaslit into believing that their overlords and our overlords are a different set, and that we worship ours and the only counter is to empower theirs to combat ours. it will possibly take years of deprogramming to get them out of this. the best thing you can do is produce and disseminate propaganda that normalizes a true narrative: that left and right, male and female, islam and christianity and judaism, Black and white, rural and urban, gay and straight, are all distractions from up and down. how we fight our oppressors is through solidarity of the underclass. blaming people instead of helping people different from ourselves is how we lose.
you won't be able to reach all of them, but you will reach some of them. they really don't know they've been tricked
Billionaires simply cannot exist without their money coming from the exploitation of the "lower classes"
No capitalist can. It’s definitional to the system.
Think about it. Many of them have enough money to end world hunger, build affordable housing, give healthcare to a poor country, etc. But they choose not to. All evil is an active choice.
They mostly just choose to go to Epstein island it seems
Scroll down to see which lemmy users simp for the billionaire class. It won't surprise you.
100% tax for money after $500 Million. Also, tax corporations the full salary of the worker that is replaced by AI/automation/robotics to fund universal basic income.
taylor isnt one of the good ones, she just had good pr, up until she started partying with magat influencer.
Very true, she only had a career because her dad bought a record deal for her.
Now, the best producers are writing sabrina carpenter's songs (as she'll be made into the next big thing) instead of Swift's and the quality of writing, such as it was, has plummeted.
Her old record label will now look to bring her down, to bring her fans over to their new projects and the wheel keeps turning until the next one. It's not a coincidence that bad PR suddenly happens to an act after their record deal comes to an end.
In the United States, President Eisenhower was a Republican and he used social programs to build the US interstate highway system and the infrastructure necessary for the predecessor to our modern airport infrastructure and space program.
The highest top marginal tax rate during Dwight D. Eisenhower's presidency (1953-1961) was 91%, which applied to the highest income bracket. (Note: In 1952 and 1953, the top rate was 92%, dropping to 91% for 1954–1963.)
I'm a bit torn on the topic of entertainer billionaires and millionaires. Is it our opinion that they should just retire as soon as they hit 2 or 3 million, and end all contracts with royalties? It's not really their fault, at that point, that they keep making money.
Likewise with people who bought stock shares before a big merger or bought crypto a decade ago which made their wealth more than decuple in value. They certainly didn't start at the same low as the majority of people, but that's also not really their fault.
Let's say that there can be some, that it's possible to be, a good billionaire but let's all agree we should be taxing the fuck out of them.
I don't think it's that unwarranted to calculate that there's a certain amount of money that you could realistically spend in a lifetime, and anything after that might as well be passed on to taxes and other charities/community initiatives to help everyone else.
It's probably not something us common folk think about, but I'm certain that these people have thought about it at least once before, and their decision to keep the money for themselves is what makes them evil. There are no good billionaires because to reach that level you need to have made that decision long ago; the "good billionaires" are still millionaires.
That's exactly the point I think anyone reasonable would make.
It's not necessarily how they got the money, it's that they keep it. If I won the lottery, and got a multi-billion dollar payout, I could wire most of that money to a DAF, tell it to distribute the money to 200 different charities I like, and it could be done within the week.
Keeping that much money is a choice. Continuing to spend it all on lavish expenses while the poor suffer is a personal choice, not one they're forced to bear the consequences of due to their fame.
Is it our opinion that they should just retire as soon as they hit 2 or 3 million, and end all contracts with royalties? It’s not really their fault, at that point, that they keep making money.
They don’t become billionaires off of royalties. Taylor Swift is selling tickets to her shows for hundreds or thousands of dollars. She could be paying her staff more, and charging her customers less, but she chooses not to, because she is greedy.
You know who is a good billionaire? Steve Wozniak.
Because he got his, more than he could ever need, and then he decided to stop. Since then he's lived on his ranch and participated in tech outreach ever since
You could self publish and live in luxury at $100 million. You could keep making music, hell you could do it in complete creative freedom
Why would you want to become an avatar of wealth?
Power. At some point money stops being what it is to most people and becomes leverage to do things. The truly wealthy don't have to worry about having the ability to buy things, they shift to being able to influence and control stuff. Now, that can certainly be used for good, so there's the difference between the perceived good and bad billionaire.
Now that's a totally different argument, but it's bullshit
Being a billionaire means you cease to be a person. Your personal finances are a corporation that does nothing but take
Point to a good billionaire. I'll point you to a PR firm and probably pictures at Epstein's Island with half naked children
There are no good billionaires. That's both prescrive and descriptive, it's just not a real thing for a whole host of reasons
Is it our opinion that they should just retire as soon as they hit 2 or 3 million, and end all contracts with royalties
Nope. They are in fact able to spend money to help those that need it, so you can pack away your ridiculous strawman.
It's not really their fault, at that point, that they keep making money.
It's their fault if they hoard vast riches rather than meaningfully contribute to the betterment of the people, though.
Let's say that there can be some, that it's possible to be, a good billionaire
ABSOLUTELY not. You don't accidentally become a billionaire in a day. You become a billionaire by hoarding ridiculous amounts of money long past the point where you have enough for everything you could ever need.
You don't become a billionaire by hard work. You exploited a lot of people, you fucked over a lot of people. If they were a billionaire but literally everyone that worked for them was a multi-millionare I'd shut up. If I made $100,000 (of current USD) for 2,000 years... I wouldn't have made a billion dollars.
Taylor Swift released a crap load of different versions of her last couple albums, each one having different songs and artwork knowing that at least her most die-hard fans would buy every single one. It is 100% on her that she became a billionaire.
Also, it's always Taylor Swift.
I feel like this is seeing in action the thinking that led to the cultural revolution. "Sure, he's just a chemistry teacher. But he's one of the evil ones. He's in the bad group. Into the labor camp!"
Fixing the awful problems with our society requires changing a lot of things, among them taxes and the power of the wealthy to distort government and public opinion. Demonizing Taylor Swift relentlessly will do fuck all.
A billionaire is 999 times richer than a millionaire, you may end up a millionaire by chance but there's no way you can magically become a billionaire. Assuming you bought 1000 bitcoins when they were worth a cent you would have sell them at 1 or 10, assuming you win a billion at the lottery you would give some of it away and cease to be a billionaire as a result.
Keep also in mind that these people work hard to secure contracts and royalties, the more investments you have the more work you have to do to manage them.

