I am a Millionaire. Tax Me More, Please.
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There is nothing stopping your millionaire ass from donating that money to the government. Always good to pretend you’re being prevented from doing that though.
Donations from one person aren’t going to do much good. At best, it’ll provide a bit of short term relief. The system that enables billionaires to exist is still in place, which means they’ll just suck up anything that this one person donates, leaving us with one less caring person capable of enacting further change and amoral corporations becoming more powerful.
We need to change the system so that everyone contributes. It makes little sense for any single person to contribute when no one else does because you gain much less than what you put in, but if everyone contributes, then you get the opposite scenario where everyone gains more than what they put in. That’s why taxes exist in the first place.
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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.
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Donations from one person aren’t going to do much good. At best, it’ll provide a bit of short term relief. The system that enables billionaires to exist is still in place, which means they’ll just suck up anything that this one person donates, leaving us with one less caring person capable of enacting further change and amoral corporations becoming more powerful.
We need to change the system so that everyone contributes. It makes little sense for any single person to contribute when no one else does because you gain much less than what you put in, but if everyone contributes, then you get the opposite scenario where everyone gains more than what they put in. That’s why taxes exist in the first place.
Way to miss the point.
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Way to miss the point.
Reread your post and I’m still not getting it. What was the point?
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They’re part of the problem, but you can become a millionaire ethically, not a billionaire.
I think that oversimplifies the issue.
I have no problem with a millionaire that has a net worth of, say 3 million
I have a problem with someone having a net worth of 30 million
I have a huge problem with someone being worth 300 million
All are millionaires
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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
Nobody should have a net worth over, say, 10 million.
20 is okay ish, I suppose, but beyond that it’s just not fair or normal
You have 100 million dollars?
You didn’t get it through hard work, or the McDonald’s burger flipper who also cleans houses on the side would have been a billionaire by now
You didn’t get it by being intelligent or smart or scientists would all be rich
You did it through playing the system as it currently exists, and you were lucky
Nobody should have the right to have that much money. Not even half of that.
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Hey NDP, enough with the incremental respectability politics. Give us what Mamdani is cooking.
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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.
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A million seconds is approximately 11.5 days.
A billion seconds is approximately 31.7 years.
That is another better perspective … and also why again do we have a civilization that allows someone to own so much wealth that it is not feasible or even possible for them to enjoy all the money in one lifetime?
Holy shit this perspective is enlightening … and also very depressing … thanks
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ll)llooooou lllllllmmmmmmmlmmm
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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.
