Since we can't call out Trolls and Bad Faith posters and the Ignore function doesn't actually ignore it. Add
"mmo-champion.com##li.postbitignored"
to your ublock or adblock filter to actually ignore ignored posters. Now just need a way to ignore responses to them as well.
1. Fuck him.
2. This isn’t the wealth tax thread. It’s a suggested remedy.
3. There are more wealth taxes than Warren’s, some of which are already in existence and have numerous billionaires actively paying them.
4. If your wealth increases faster than the wealth tax the you’re not selling anything.
5. For example, if your company is worth $3 billion, has $1 billion in revenues and has a 20% profit margin odds are you probably just raked in $200 million dollars which is greater than the $60 million you would pay under a Warren wealth tax.
Yes, so you could raise taxes on the poor, and they would still have the same rights and freedoms... right?
Nah, didn't think so.
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If this is about not caring about taking people's assets, then at least be consistent.
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Great, then you should have no issue with raising the taxes and wealth taxes on the poor.
It's not an attack on their liberty, clearly...
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Great, then you should have no issue with raising the taxes and wealth taxes on the poor.
It's not an attack on their liberty, clearly...
The same rights? Yes? Taxation has nothing to do with rights, being taxed doesn't impact your right to Freedom of Religion nor your right to own a firearm in the country - note it's a right to own, not a right to afford a firearm.
Freedoms? Yeah, that's a separate topic because it depends on what kinds of freedoms we're talking about.
Freedom from hunger? No, definitely not. But that's a freedom that, for example, isn't in jeopardy when the wealthy are taxed more heavily. Because context matters.
Why ask questions if you're just going to tell me what you think the answer is? I mean, you're wrong, but you could have just said what your opinion was and not tried to play some cutesy game.
The point is that the system at the moment takes the "success" of society and millions of people in it, and filters it directly into the pockets of a few dozen. This wealth tax isn't about punishing people for being successful, it's about ensuring that the results of that success is more fairly apportioned. If billionaires would do it themselves by distrubuting the profits of their companies more fairly amongst those that generate it, there wouldn't be the need for it. Their unabashed greed has led us to this situation.
You still seem to believe in the myth of the self made billionaire. That concept is utter bollocks, and you need to be honest enough to admit it.
When challenging a Kzin, a simple scream of rage is sufficient. You scream and you leap.
Originally Posted by George CarlinOriginally Posted by Douglas Adams
Anyone can get a small-business loan, or seek investors. Did Bezos get a quarter million from his parents? Yes. DO I sure as shit wish I was one of those initial investors?
Hell yeah.
Alas, I was not.
I never said they built the entire company the entire time on their own. But, many started them on their own. They also had employees who did the work, investors who took a risk, and people who stuck with them from the beginning. They pay their investors. They pay their employees.
That's why I specifically brought up Lynsi Snyder. This is a family-owned company, and she is the sole owner, That company has paid its employees well above the industry average for decades, and has also given them medical care for decades. The math is simple... if Warren's plan comes to fruition, she either has to sell off her company, piece by piece, or she has to draw more money from the company (and less from those employees) to cover those costs.
That's wat a wealth ax does.
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based on what metric? Are we talking total value, or as compared to the amount they pay in taxes?
...do you honest to god believe this? That you can find investors with a great idea alone? That you don't need...I dunno...money already to limit the risk, previous products/services showing you've got a good track record for investing, or maybe something like a very good credit score?
So if I declare bankruptcy and my credit goes to shit and I don't have a dollar to my name, I'm gonna walk into some investment firms or banks, pitch them on my billion dollar idea, and they won't take a look at my financial history and call in a haz-mat team to toss me out of the building because they're too afraid to touch my financially toxic ass themselves?
This is a literal fantasy world. I mean, it explains a lot about why your views on other topics are so detached from reality, at least.
Edit: Hell, they'll reject you simply for being a woman or a person of color and we've got documented proof that these folks see loans/investment at lower levels than their male/white counterparts. And that's not even about fucking ideas, that's just racism and sexism being a thing that exists and complicates your black and white world.
Last edited by Edge-; 2021-09-03 at 07:36 PM.
You are the one who posted the disingenuous article trying to equate income to wealth. So, take it up with Propublica.
Wealth taxes have been halted, because they are a pain in the ass. Quantifying someone's wealth isn't nearly as easy as you may think. Shit, even quantifying my wealth would be a pain in the ass, and I have relatively few assets. How do you calculate the value of my company? That alone makes it difficult.
Publicly-traded companies are easier to determine, that's just a matter of stock prices and value. But, even then, they could purposefully tank stock prices to decrease that value. Or, trolls could ramp up the stock prices, like they did with Gamestop. Imagine having to pay taxes on that bubble.
Under Warren's plan, that would be 6% above $1 billion. That alone is $120 million.
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It has plenty to do with freedom, does it not? That's the direct attack, right there.
Why is that our problem? People are willfully boosting a junk stock for the memes, if the stock finally tanks back to its normal value or if they get a nice tax bill because they tried to game the system that's kinda like...literally only their problem and not our problem because we're not engaging in de-facto market manipulation.
The only way it could infringe on their liberties and freedoms is if it negatively impacted their ability to live with a modicum of basic human decency.
A progressive tax bracket system prevents higher tax rates on higher incomes from having such an impact. You're fearmongering about issues that were concretely solved decades ago.
Pretending that context doesn't exist just makes you a bad faith poster. It doesn't mean you have an argument.
Okay, then answer me this. Let's assume that everyone can get that start; can they all succeed and become billionaires? Obviously not, because if we all had $10bn, money would be worthless. So your starting point of "anyone can do it" then presumes that a few will succeed, and everyone else will fail. You want ALL of the results of that exercise to end up in the pockets of the lucky few that succeeded (and make no mistake "lucky" is the second most important thing after "rich parents") and the rest are just shit out of luck.
Do you think that's fair? Or that it will magically create a better society for us all? Well I'm sorry, but it isn't, and it won't.
As for the rest of your response; you've taken an outlier (something you've attacked other people for doing) and used that to defend the general billionaire class. But even that one example, where they "generously" give their employees above average benefits, still ends up keeping an enormous sum of money for the owner. Again, if they were more generous still and shared more of the profits, then the wealth tax wouldn't be needed. But even your outlier doesn't do that, and the rest of them are WORSE.
A wealth tax is required, because billionaires are too greedy and selfish to fairly share the profits from the hard-work of everyone. I thought you were against building a system that brought the worst out of people? Because this system you are defending sure as hell does that in spades.
When challenging a Kzin, a simple scream of rage is sufficient. You scream and you leap.
Originally Posted by George CarlinOriginally Posted by Douglas Adams
Society's success isn't the reason Gates is worth more than God. I get that we want to take credit, so we can justify taking their money... but that's not what happened.
Gates had a great idea, worked his ass of, and marketed it very well. Did he have employees who helped? Absolutely. And they also got paid for their work.
You can stop them, simply by not giving their companies any money, until they pay their employees more. Amazon wasn't always the monster company that it is now. They were the little guy, and people liked wat they had to offer. it didn't bother society how much he was paying his employees, they wanted what Amazon had to offer.
The sudden concern is way too late, and completely hypocritical.
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Once again, this is a simple reality of your circumstance. If you are poor as shit, and have bad finances, then most banks and investors won't want to take that risk.
Remember, it's not just about having an idea, but a real plan to market it, create it, and implement it.
Would you take that risk?