this post was submitted on 03 Oct 2024
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A Boring Dystopia

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[–] [email protected] 8 points 19 hours ago

Wow! So things must have gotten a lot better for people over the last 7 years!

Right?

[–] BilboBargains 11 points 22 hours ago (1 children)

If only we could combine Jim, Alice and Rob into a single entity called The Waltronzoid, we could easily defeat all the other billionaires by creating a bazillionaire.

[–] bitwaba 3 points 18 hours ago

I think what's fantastic about it is of they acted just as crazy as the other billionaires like Musk and Bezos where they decided they wanted to go to space. Then we could make fun of people blowing up their Walmart brand space ship and be like "what did you expect?"

[–] [email protected] 17 points 1 day ago (1 children)

1% tax on all registered securities, payable in shares of those securities. The SEC just confiscates 1% of every position, and conveys them to an IRS liquidator. The liquidator sells them off in small lots over time, comprising no more than 1% of total traded shares. Securities with negative values are returned.

Once completely phased in, natural persons will be exempt on their first $10 million in registered securities. Corporate-owned securities will not be exempt: the are taxed from their first share.

We tax only the problematic portion of their wealth: their wealth-generating assets. We auction those assets off to the general public.

[–] [email protected] 7 points 20 hours ago

You sound like you know what you're talking about, and convey it with spectrum-like precision. I throw my hat and my heart entirely to making your dream come true. Hoo, hoo (hoo-oo-hoo)

[–] 3aqn5k6ryk 2 points 16 hours ago (1 children)

Pardon my ignorance. I dont follow these kind of news. BUT, why the hell is musk is no 1? What has he done? Last i heard this manchild is running down twitter, tesla with cybertruck fiasco. Is it from spacex?

I mean, zuckerberg and bezos basically create meta and amazon.

[–] Illuminostro 1 points 8 hours ago

He buys existing successful businesses (at the time,) then manipulates their stock price from Twitter.

[–] Illuminostro 14 points 1 day ago (2 children)

Guillotines. The only answer.

[–] [email protected] 4 points 19 hours ago (1 children)

Guillotine is such an offensive word. I like „social scissors“ better.

[–] Illuminostro 1 points 8 hours ago

Marketing Guy: "I've got it! "Prudent Pruning!""

[–] TammyTobacco 3 points 20 hours ago

I think it should be legal to murder a billionaire. They either have to pay for private security they can't fully trust and always worry about being killed, or they can give away their money until they're under a billion.

[–] [email protected] 3 points 19 hours ago* (last edited 19 hours ago)

If you have a lot of money

  • ~~you contributed a lot to society~~
  • you took a lot from society

If you're a successful businessman and you want to contribute, perhaps you could lower the prices of your products, perhaps you could give shares to your employees who do all the work. Not only is it efficient for them to have a stake in the company, it's also only fair. Not doing so is unfair. We won't celebrate your 'success', a successful thief is a thief nonetheless. You doing so-called 'philanthropy' won't do any good either. Money is power, you exerting your power over us isn't the moral thing to do. It's still wrong to the core. Sure, people voluntarily giving money to all sorts of causes is a beautiful thing, but only if money is reasonably distributed among people in the first place. If you take money from society on a large scale and then exert this power, than undoubtedly your views and interests are disproportionately represented. Your intentions are dubious, because if you intended well, why did you keep all the money and power for yourself in the first place? It's likely that you're a power hungry maniac. But even if you're somehow naively unaware of this and truly have the noblest of intentions with your philanthropy, then it's still a ludicrous idea that this would be an efficient way to distribute money. It's quite obvious that if everyone got a say in where the money goes, that the distribution of assets would better represent what society deems important. It's only logical that if you get to distribute the money, it will go to things you deem important. If you think that makes sense, it can only mean that you deem yourself wiser, more moral, than all of humanity combined. It means you are a narcissist. It's not unlikely that you are, people who are successful money-wise, often think that life it a money-game and they're the winning players. And they have won because they work hard and are clever. The thing is, life isn't a money-game, people have moral compasses and strive towards others goals than making money. And even if it was a money-game, you've not won because you're so smart and hard-working, it is in a very large part due to your luck. That's not an allegation, it's a logical fact. People don't have the same starting positions. Being a billionaire is morally wrong, even if you give all of it away later in life.

[–] HeyThisIsntTheYMCA 6 points 1 day ago (1 children)
[–] [email protected] 4 points 1 day ago

No Japanese on the list, but we could make some nice fois gras with Bernard I'm sure.

[–] bitjunkie 23 points 1 day ago (2 children)

That's 18 people who own about a tenth of the US GDP. Something needs to be done, and soon.

[–] UnderpantsWeevil 9 points 1 day ago* (last edited 1 day ago)

That’s 18 people who own about a tenth of the US GDP.

Okay, sure. But that's bad analysis. GDP is annual and net-worth is lifetime total. That's also global wealth, not US-domestic (four of them aren't even American).

Agree with the sentiment, but we should really be talking about global wealth not national income.

Something needs to be done

https://en.wikipedia.org/wiki/What_Is_to_Be_Done

[–] [email protected] 5 points 1 day ago (1 children)
[–] [email protected] 8 points 1 day ago (1 children)

How many security guards can one of these assholes have on duty at any one time?

Dont y'all have assault rifles and semiautomatics on you at all times and you are all about being against tyranny? WHAT GIVES?

[–] PixellatedDave 2 points 1 day ago

My thought too. Don't they have slogans like 'don't tread on me' and such? I am pretty convinced you don't get that kind of wealth without standing on everyone you can.

[–] [email protected] 146 points 2 days ago (1 children)

Billionaires are a political choice as much as homelessness. They are allowed to exist because nobody does anything about it.

[–] [email protected] 19 points 1 day ago (1 children)

They are allowed to exist because they can literally buy their own political system

[–] mPony 4 points 20 hours ago

they can literally buy their own political system

They already have.

[–] [email protected] 102 points 2 days ago (6 children)

There was an article celebrating the fact that we're on our way to having the first trillionare.

I wanted to die. It's so insanely fucking disgusting

[–] Illuminostro 1 points 8 hours ago

We already have them. They live in Saudi Arabia. And maybe one in Russia.

[–] [email protected] 70 points 2 days ago (10 children)
[–] bitjunkie 11 points 1 day ago

Dis pos rel'van to beltalowda intres

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[–] [email protected] 54 points 2 days ago (1 children)

tail -n +2 listAbove | cut -f 2 > DeathNote.txt

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[–] Fedizen 47 points 2 days ago

kamala harris' proposed tax on unrealized gains seems like a great idea rn

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