Skip to content
0
  • Home
  • Recent
  • Tags
  • Popular
  • World
  • Users
  • Groups
  • Home
  • Recent
  • Tags
  • Popular
  • World
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (Sketchy)
  • No Skin
Collapse

Wandering Adventure Party

  1. Home
  2. Canada
  3. I am a Millionaire. Tax Me More, Please.

I am a Millionaire. Tax Me More, Please.

Scheduled Pinned Locked Moved Canada
canada
74 Posts 34 Posters 356 Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • A arkouda@lemmy.ca

    We need to increase the military budget. That isn’t Conservative, it is a reality.

    What tax cuts are you referring to? I have only heard of the tax cut for middle class, and that was supported by the NDP from what I know.

    G This user is from outside of this forum
    G This user is from outside of this forum
    grte@lemmy.ca
    wrote on last edited by
    #16

    We don’t need to increase the military budget to 5% of GDP, a greater share than the US currently spends on it’s military by 1.6%. That’s insane and will certainly mean cuts to services like health care.

    Taxes cut under this government:

    1. Consumer carbon tax

    2. Capital gains tax increase

    3. Digital Services Tax

    Carney cuts taxes like he won as leader of the CPC.

    H 1 Reply Last reply
    6
    • A arkouda@lemmy.ca

      How about instead of begging to be taxed you invest that money into a project needed to help Canadians who aren’t well off.

      Build housing with your money.

      Build infrastructure with your money.

      Help others fund Green alternatives with your money.

      Donate to the thousands of charities who will do this all for you if you are lazy.

      But stop bitching like you do not have the option to spend that money well on your own for the benefit of others. Especially when the rhetoric is “Government bad” at all times making it really hard to push for a tax increase on anyone.

      N This user is from outside of this forum
      N This user is from outside of this forum
      NoneOfUrBusiness
      wrote on last edited by
      #17

      Uh… Given their values it is very likely they do donate to charities, but how far do you think a million can go in the modern day? You say “build housing,” but a million dollars are like, a house? Two houses? Until you reach the hundreds of millions level of obscene wealth, you need numbers before you can get anything done, so pushing for higher taxation is one of the most productive things this person can do with their time and money.

      A 1 Reply Last reply
      1
      • G grte@lemmy.ca

        We don’t need to increase the military budget to 5% of GDP, a greater share than the US currently spends on it’s military by 1.6%. That’s insane and will certainly mean cuts to services like health care.

        Taxes cut under this government:

        1. Consumer carbon tax

        2. Capital gains tax increase

        3. Digital Services Tax

        Carney cuts taxes like he won as leader of the CPC.

        H This user is from outside of this forum
        H This user is from outside of this forum
        hikingvet@lemmy.ca
        wrote on last edited by
        #18

        Do you know how much of that military spending will go to fixing problems that are decades old?

        G 1 Reply Last reply
        3
        • H hikingvet@lemmy.ca

          Do you know how much of that military spending will go to fixing problems that are decades old?

          G This user is from outside of this forum
          G This user is from outside of this forum
          grte@lemmy.ca
          wrote on last edited by
          #19

          That doesn’t justify spending more as a percentage of our GDP on the military than the USA who spends more than the next 10 or something states combined. I’m not giving up nationalized health care because Donald fucking Trump wants to shake down NATO and make Canada spend 30% of it’s national budget on American arms.

          H M 2 Replies Last reply
          1
          • A arkouda@lemmy.ca

            For a “Progressive”, you sure do like to use Conservative talking points and nicknames a lot.

            N This user is from outside of this forum
            N This user is from outside of this forum
            NoneOfUrBusiness
            wrote on last edited by
            #20

            You can criticize one big group without being part of the other big group.

            A 1 Reply Last reply
            1
            • N NoneOfUrBusiness

              Uh… You do need millions to retire.

              skankhunt42@lemmy.caS This user is from outside of this forum
              skankhunt42@lemmy.caS This user is from outside of this forum
              skankhunt42@lemmy.ca
              wrote on last edited by
              #21

              😮‍💨 doing the math to figure this out is depressing.

              1 Reply Last reply
              7
              • G grte@lemmy.ca

                That doesn’t justify spending more as a percentage of our GDP on the military than the USA who spends more than the next 10 or something states combined. I’m not giving up nationalized health care because Donald fucking Trump wants to shake down NATO and make Canada spend 30% of it’s national budget on American arms.

                H This user is from outside of this forum
                H This user is from outside of this forum
                hikingvet@lemmy.ca
                wrote on last edited by
                #22

                Cool.

                With that rant you have shown tou don’t understand how badly our military has been neglected.

                Your mindset only works if the US is actually friendly.

                And, we have been shopping elsewhere for new military equipment.

                Keep up.

                G 1 Reply Last reply
                6
                • H hikingvet@lemmy.ca

                  Cool.

                  With that rant you have shown tou don’t understand how badly our military has been neglected.

                  Your mindset only works if the US is actually friendly.

                  And, we have been shopping elsewhere for new military equipment.

                  Keep up.

                  G This user is from outside of this forum
                  G This user is from outside of this forum
                  grte@lemmy.ca
                  wrote on last edited by
                  #23

                  30% of the budget. Certainly the end of nationalized health care. That’s worth it to you?

                  And if you think the US won’t engage in the sorts of tactics it currently is engaging in to demand we spend more of our military budget on them then you are mistaken.

                  1 Reply Last reply
                  1
                  • F felbane@lemmy.world

                    The kind of person who is capable and willing to accumulate billions of dollars is generally not the kind of person who will do good for good’s sake.

                    T This user is from outside of this forum
                    T This user is from outside of this forum
                    trakata
                    wrote on last edited by
                    #24

                    Also good for good’s sake by just throwing money at whatever millionaires think might be needed is simply making the overall societal problem worse, because of the warped perspectives they have.

                    Thoughtful coordination, planning and disbursement of funds to create good public works requires careful government.

                    1 Reply Last reply
                    5
                    • D davriellelouna@lemmy.world
                      This post did not contain any content.
                      K This user is from outside of this forum
                      K This user is from outside of this forum
                      Kindness is Punk
                      wrote on last edited by
                      #25

                      Tax the rich, relentlessly push bikes and public transport, regulate big business, this is the only way we survive.

                      1 Reply Last reply
                      11
                      • B bestbouclettes@jlai.lu

                        They’re part of the problem, but you can become a millionaire ethically, not a billionaire.

                        lemmyoutofhere@lemmy.caL This user is from outside of this forum
                        lemmyoutofhere@lemmy.caL This user is from outside of this forum
                        lemmyoutofhere@lemmy.ca
                        wrote on last edited by
                        #26

                        Being a millionaire these days is pretty normal. Need a lot more than that to retire if you don’t have a pension plan.

                        I 1 Reply Last reply
                        20
                        • A arkouda@lemmy.ca

                          Anyone with either millions or billions is the problem because no single person needs either.

                          lemmyoutofhere@lemmy.caL This user is from outside of this forum
                          lemmyoutofhere@lemmy.caL This user is from outside of this forum
                          lemmyoutofhere@lemmy.ca
                          wrote on last edited by lemmyoutofhere@lemmy.ca
                          #27

                          You need to be a millionaire these days if you want to actually retire. If it only took a million, would have retired a while ago.

                          1 Reply Last reply
                          6
                          • A arkouda@lemmy.ca

                            How about instead of begging to be taxed you invest that money into a project needed to help Canadians who aren’t well off.

                            Build housing with your money.

                            Build infrastructure with your money.

                            Help others fund Green alternatives with your money.

                            Donate to the thousands of charities who will do this all for you if you are lazy.

                            But stop bitching like you do not have the option to spend that money well on your own for the benefit of others. Especially when the rhetoric is “Government bad” at all times making it really hard to push for a tax increase on anyone.

                            AatubeA This user is from outside of this forum
                            AatubeA This user is from outside of this forum
                            Aatube
                            wrote on last edited by
                            #28

                            http://archive.today/2025.06.30-022902/https://www.washingtonpost.com/technology/2025/06/29/mark-zuckerberg-priscilla-chan-school-closure/

                            The Chan-Zuckerbergs stopped funding social causes. 400 kids lost their school. Priscilla Chan’s decision to stop funding the school she opened to help struggling families shows the risks for communities reliant on wealthy private donors.

                            Using money for charity is great, but having the government tax and manage it all instead is much, much better. Because it won’t suddenly disappear. Unless your ruler’s name is Donal Trump.

                            A 1 Reply Last reply
                            4
                            • A arkouda@lemmy.ca

                              Anyone with either millions or billions is the problem because no single person needs either.

                              IninewCrowI This user is from outside of this forum
                              IninewCrowI This user is from outside of this forum
                              IninewCrow
                              wrote on last edited by ininewcrow@lemmy.ca
                              #29

                              I know plenty of millionaires … people who own property, vehicles and wealth that all amount to one or two million … and they are still just getting by. They aren’t that terribly wealthy - they don’t live with any more luxury than most people, they just have more things.

                              Billionaires on the other hand are something else … it’s like comparing someone with a weight problem and calling millionaires slightly pudgy and billionaires are grossly overweight behemoths that can affect the structure of your house.

                              Here’s a visual comparison using grains of rice of what a millionaire and billionaire and the wealth of someone like Jeff Bezos is

                              Using Rice to Show How Rich Jeff Bezos Is | NowThis

                              A 1 Reply Last reply
                              9
                              • A arkouda@lemmy.ca

                                How about instead of begging to be taxed you invest that money into a project needed to help Canadians who aren’t well off.

                                Build housing with your money.

                                Build infrastructure with your money.

                                Help others fund Green alternatives with your money.

                                Donate to the thousands of charities who will do this all for you if you are lazy.

                                But stop bitching like you do not have the option to spend that money well on your own for the benefit of others. Especially when the rhetoric is “Government bad” at all times making it really hard to push for a tax increase on anyone.

                                IninewCrowI This user is from outside of this forum
                                IninewCrowI This user is from outside of this forum
                                IninewCrow
                                wrote on last edited by
                                #30

                                All throughout most modern history … if you set up an economic system where you allow humans to gain unbelievable amounts of wealth and ask them or wait for them to share it, they never do and instead use that wealth to gain even more sums of wealth in a never ending cycle. I know plenty of wealthy people and they do share their wealth, just not in the sums you want to imagine - they share a few hundreds or thousands here and there but never enough to create meaningful change and never in the amounts to affect the growth of their wealth.

                                A 1 Reply Last reply
                                1
                                • D davriellelouna@lemmy.world
                                  This post did not contain any content.
                                  S This user is from outside of this forum
                                  S This user is from outside of this forum
                                  showroom7561@lemmy.ca
                                  wrote on last edited by
                                  #31

                                  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.

                                  K T 2 Replies Last reply
                                  16
                                  • N-E-NN This user is from outside of this forum
                                    N-E-NN This user is from outside of this forum
                                    N-E-N
                                    wrote on last edited by
                                    #32

                                    I feel like a lot of people retire with much much less than “millions”. Might not be a super comfortable retirement but, def doable.

                                    C I 2 Replies Last reply
                                    3
                                    • N-E-NN N-E-N

                                      I feel like a lot of people retire with much much less than “millions”. Might not be a super comfortable retirement but, def doable.

                                      C This user is from outside of this forum
                                      C This user is from outside of this forum
                                      corsicanguppy@lemmy.ca
                                      wrote on last edited by
                                      #33

                                      My mom ‘retired’ with ‘much much less than “millions”’. She stopped working at 75.

                                      She lives in a small $2/sqft/mo rental with dodgy power, asbestos in the walls, windows stuck shut, people staggering past the fuse box all night, miner bees in the walls, and shit Internet. It’s a coastal town with no access by roads - just ferries - and minimal services. It’s a half-day to get there, really, or an hour’s flight.

                                      you may need to experience your version of ‘doable’ before you commit to it.

                                      1 Reply Last reply
                                      14
                                      • D davriellelouna@lemmy.world
                                        This post did not contain any content.
                                        underpantsweevil@lemmy.worldU This user is from outside of this forum
                                        underpantsweevil@lemmy.worldU This user is from outside of this forum
                                        underpantsweevil@lemmy.world
                                        wrote on last edited by
                                        #34

                                        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.

                                        cosmicturtle0@lemmy.dbzer0.comC 1 Reply Last reply
                                        28
                                        • lemmyoutofhere@lemmy.caL lemmyoutofhere@lemmy.ca

                                          Being a millionaire these days is pretty normal. Need a lot more than that to retire if you don’t have a pension plan.

                                          I This user is from outside of this forum
                                          I This user is from outside of this forum
                                          ilikeboobies@lemmy.ca
                                          wrote on last edited by ilikeboobies@lemmy.ca
                                          #35

                                          The person with 100 million is closer in wealth to the homeless person you pity than they are to a billionaire.

                                          It’s an unimaginable amount of money

                                          IninewCrowI R 2 Replies Last reply
                                          26

                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Login or register to search.
                                          Powered by NodeBB Contributors
                                          • First post
                                            Last post