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Wandering Adventure Party

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  3. I am a Millionaire. Tax Me More, Please.

I am a Millionaire. Tax Me More, Please.

Scheduled Pinned Locked Moved Canada
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  • 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
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    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?

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    • H hikingvet@lemmy.ca

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

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      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.

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      • A arkouda@lemmy.ca

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

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        NoneOfUrBusiness
        wrote on last edited by
        #20

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

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        • 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.

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          • 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.

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            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.

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            • 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.

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              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.

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              • 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.

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                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.

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                • D davriellelouna@lemmy.world
                  This post did not contain any content.
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                  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.

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                  • 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.

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                    • 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.

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                      • 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.

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                        • 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

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                          • 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.

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                            • D davriellelouna@lemmy.world
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                              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.

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                              • N-E-NN This user is from outside of this forum
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                                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.

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                                • 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.

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                                  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.

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                                  • D davriellelouna@lemmy.world
                                    This post did not contain any content.
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                                    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
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                                    • 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.

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                                      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

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                                      • 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.

                                        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
                                        #36

                                        Being a homeowner gets you there in a lot of places, it doesn’t matter because you still need a home so you can’t live off it

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                                        • IninewCrowI IninewCrow

                                          Millionaires with a few million dollars aren’t the problem

                                          The biggest problems are the handful of billionaires and the billionaires that are not Canadian but have a strangle hold on companies or corporations that affect Canada.

                                          If the government could just tax the ever loving shit out of billionaires, they’d remove the single root cause of a lot of problems in the country and actually allow some sort of competition in all industries. This would allow the economy to spread the wealth to more Canadians than to a bunch of non-aligned billionaires who could care less what country they are attached to because their wealth is so great, they are basically their own country at this point.

                                          Millionaires aren’t the problem … Billionaires are

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                                          grandwolf319@sh.itjust.works
                                          wrote on last edited by
                                          #37

                                          That’s an excellent point.

                                          We need to shift the conversation from government taxing its citizens to shielding them from international economic forces.

                                          1 Reply Last reply
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