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

    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
                    • 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

                      1 Reply Last reply
                      3
                      • 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

                        G This user is from outside of this forum
                        G This user is from outside of this forum
                        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
                        8
                        • L This user is from outside of this forum
                          L This user is from outside of this forum
                          lolrightythen@lemmy.world
                          wrote on last edited by
                          #38

                          Not if you publicly fund health care.

                          lemmyoutofhere@lemmy.caL 1 Reply Last reply
                          2
                          • 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.

                            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
                            #39

                            You’re pushing a few false dichotomies there.

                            A 1 Reply Last reply
                            1
                            • C corsicanguppy@lemmy.ca

                              You’re pushing a few false dichotomies there.

                              A This user is from outside of this forum
                              A This user is from outside of this forum
                              arkouda@lemmy.ca
                              wrote on last edited by
                              #40

                              If you aren’t going to elaborate at least do us both the favour of not wasting our time.

                              1 Reply Last reply
                              0
                              • IninewCrowI IninewCrow

                                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 This user is from outside of this forum
                                A This user is from outside of this forum
                                arkouda@lemmy.ca
                                wrote on last edited by
                                #41

                                This is about “millionaires begging to be taxed” instead of doing it themselves. I am not expecting them all to do it, just the ones who seem to not want to keep their money so others can benefit.

                                1 Reply Last reply
                                1
                                • IninewCrowI IninewCrow

                                  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 This user is from outside of this forum
                                  A This user is from outside of this forum
                                  arkouda@lemmy.ca
                                  wrote on last edited by
                                  #42

                                  I understand the extreme difference between millions and billions. My point is neither a millionaire nor a billionaire needs it.

                                  F 1 Reply Last reply
                                  3
                                  • underpantsweevil@lemmy.worldU underpantsweevil@lemmy.world

                                    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 This user is from outside of this forum
                                    cosmicturtle0@lemmy.dbzer0.comC This user is from outside of this forum
                                    cosmicturtle0@lemmy.dbzer0.com
                                    wrote on last edited by
                                    #43

                                    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.

                                    1 Reply Last reply
                                    17
                                    • L lolrightythen@lemmy.world

                                      Not if you publicly fund health care.

                                      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
                                      #44

                                      Need millions to retire even in Canada.

                                      H 1 Reply Last reply
                                      7
                                      • AatubeA Aatube

                                        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 This user is from outside of this forum
                                        A This user is from outside of this forum
                                        arkouda@lemmy.ca
                                        wrote on last edited by
                                        #45

                                        The point is: Yes, more taxes, but if not then there is literally nothing stopping them from doing good with their money right now. This moment. Not next year when they file their taxes.

                                        1 Reply Last reply
                                        1
                                        • N NoneOfUrBusiness

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

                                          A This user is from outside of this forum
                                          A This user is from outside of this forum
                                          arkouda@lemmy.ca
                                          wrote on last edited by
                                          #46

                                          “Mark Clowney” is not criticism.

                                          1 Reply Last reply
                                          2

                                          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