Never said they were. Excessive richness, maybe. HOrding more and more of the profits while not increasing their worker's salary seems to be not a good thing. T
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What I can't wrap my head around is people claiming its unfair that billionaires have to pay more in taxes, like they are really suffering for paying more, while having 20 100K cars, multiple houses and vacation homes, and plenty more money for whatever they want.
I'd like to know what you consider hording. To me, it would be someone like Bill Gates building up Microsoft, making billions, then completely shutting down shop and burning all the knowledge that his company ever amassed. You never see that though. Someone who founds a company, makes a ton of money then retires will sell their company so someone else can continue to run the company that provides a valuable good/service.
The bottom line is that someone is in position to make all that money for reason. No one would give them money if they didn't provide something valuable in return. Pro athletes make a lot of money because people love to watch them perform; same for musicians. CEOs of big companies make a lot of money because they are the leaders of companies that provide goods/services that people want.
No one is advocating having rich people pay the same amount as everyone else, just the same percentage. If someone makes $10,000,000 per year and is taxed at 20%, they'd still be paying $2,000,000 in taxes; much more than the guy who makes $50k per year and pays $10k in taxes.