In the last year, the ten richest men in America are 698 billion dollars richer

Yes it does.. Tax avoidance is how they got so rich.
"...only little people pay taxes".
That's because the government lets it happen which is the crux of my argument. There is no benefit in having ultra wealthy people. Society should tax them out of it. I am open to hearing why society benefits from ultra wealthy.
 
That's because the government lets it happen which is the crux of my argument. There is no benefit in having ultra wealthy people. Society should tax them out of it. I am open to hearing why society benefits from ultra wealthy.
Look at Elon Musk, he plows his winnings back into new companies, hiring thousands of people, advancing science tremendously with new inventions, his new Raptor engines, robots, Teslas, and brain chips, for example.

Elon Musk is involved in several major companies, including Tesla, SpaceX, Neuralink, The Boring Company, and xAI. He also owns X Corp, which was formerly known as Twitter.

 
You didn’t answer the question. What is valuable for anyone to have that large a concentration of people’s wealth?
It’s real hard to take you seriously when you refer to Elon Musk’s wealth as the “people’s wealth”.
I bet neither yourself nor Zincwarrior believe the “people” own any of Humberto’s wealth…do you?
 
That's because the government lets it happen which is the crux of my argument. There is no benefit in having ultra wealthy people. Society should tax them out of it. I am open to hearing why society benefits from ultra wealthy.

And when they leave instead, how does our society benefit?
 
And when they leave instead, how does our society benefit?
It doesnt matter. Any money they make in the US is subject to taxation. If they dont want to make money here, who the **** cares? Where they live matters zero. I lived in Hong Kong. I paid US taxes. U.S. tax law is based on citizenship, not residency, meaning citizens are taxed on their worldwide income no matter where they live.
 
It doesnt matter. Any money they make in the US is subject to taxation. If they dont want to make money here, who the **** cares? Where they live matters zero. I lived in Hong Kong. I paid US taxes. U.S. tax law is based on citizenship, not residency, meaning citizens are taxed on their worldwide income no matter where they live.

It doesnt matter. Any money they make in the US is subject to taxation.

Right, so why all the whining?
 
The ten richest men in America became nearly 700 billion dollars richer in the last year. In the meantime, the GOP and Trump have shut down the AID program, literally taking food out of the mouths of starving children. And here in the states they want to eliminate the SNAP program, take healthcare programs away from low income people, and charge the rest of us more. Just so next year those ten and other very wealthy can gain even more than $700 billion. Wages stagnant, major layoffs happening, and food prices going up, and it looks like they will go up even more rapidly in the coming months. Already in the off year elections, we are seeing people reacting to what they are seeing the GOP and Trump doing to their lives.

Yeah, the government fucked over the small businesses with their COVID lockdown bullshit, and only NOW does your tiny little head pop out from your hole.
 
I asked what value society gets from having billionaires.
LefTard Logic:
“Society sees no benefit in Elon Musk employing hundreds of thousands of people…Society DOES see value in Humberto, Guadalupe and their litter of silver tooth parasites.”

Do you see why nobody even half sane can take your purple hair folks seriously?
 
LefTard Logic:
“Society sees no benefit in Elon Musk employing hundreds of thousands of people…Society DOES see value in Humberto, Guadalupe and their litter of silver tooth parasites.”

Do you see why nobody even half sane can take your purple hair folks seriously?
Musk can do that paying way more in taxes. What is your point?
 
We really dont need billionaires. I am fine with 99% tax bracket over $1B. Can anyone name a single reason why we need them?


More stupidity. $1B of what? Do you think someone makes $1B in a paycheck you stupid OX.

You had 12 years of Obiden to raise money out of Billionaires. You talk talk like a clown. But you do nothing to back up your spew.
 
15th post
What a shitty ass comment and attitude.

You suck.


Even more silly as it was NOT EVER in Trumps proposal. It was snuck in last two weeks by Shoemer and Piglousy to offset SALT CAP complaints from wealthy coastal Elitist.

Trump was forced to take it or get nothing again. The economy had to get moving, and it did.

odanny is a DEM mouthpiece only.
 
Well shit head, I worked 56 years as a millwright. Retired from a steel mill at 76. And am enjoying a comfortable well earned retirement. The only free shit I ever got was the genetics to be active and healthy in my 80's. However, I see the homeless, I see young people working their butts off, both husband and wife, and still unable to own a home. I see fat well fed corrupt politicians insisting that a minimum wage of $7.25 is enough. And, most important, I see education, whether trades or academic, becoming increasingly out of the reach of our young people. In the meantime, we have billionaires paying a much smaller percentage of their income in taxes than do the working people. Billionaires buying $500,000,000 yachts while newly married young people wonder whether they can ever afford to have children. With both of them working.
So you think this happens when there are too many rich people?
Doesn’t the sane side of your brain tell you this is what happens when there are too many bottom feeders?
Why do you Democrats continue to grow the size of the underclass?
We had a very different tax structure in the 1950's. We built huge infrastructure projects, and I never saw one millionaire missing a meal. A working husband then could afford a house and automobile, with his wife staying home and taking care of the children, not having to work just to survive.
That continued through the 1990’s….it wasn't until Mexico invaded by the tens of millions that everything went to dogshit. Guess who continues to beg Mexico to invade?
What we have now is an oligarchy in this nation.
Spearheaded by Democrats leading in all blue shitholes where income inequalities and disparities are the steepest ….all of Hollyweird, media, social media
Fast approaching fascism,
Approaching? WTF…we just had a POTUS forcing people to take experimental medicine and preventing people from pursuing happiness.
with an incipient secret police force in the form of ICE.
We’ve always had “secret” police forces…the FBi and the CiA…iCE is just the most important one today.
 
More stupidity. $1B of what? Do you think someone makes $1B in a paycheck you stupid OX.

You had 12 years of Obiden to raise money out of Billionaires. You talk talk like a clown. But you do nothing to back up your spew.
Democrats wouldn’t be that aggressive. They just want to add 2.7% to the top tier. Not a big move. Won’t do anything to reduce the consolidation of wealth into a few hands. The Dems are led by rich too. They dont mind paying a wee bit more.
 
Musk can do that paying way more in taxes. What is your point?
Why? Why should he have to pay more than Humberto and Guadalupe who are a total drain on society? Only in the Lib Twilight Zone does such a wacko position make sense.
Penalties for too much success?….WTF!!!
 
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