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by AngryData
3 days ago
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If my stocks, property, or house's net worth is valuated in the hundreds of millions, then yes that should be heavily taxed too. You can't get that rich without relying completely upon the society and government around you to enable such wealth generation. And people right now are hungry, living on the streets, not getting educated, and not receiving healthcare because of simple poverty. I don't know what world you live in where such things have been eliminated. Many people do not have the option for a decent work/life balance right now. Co-op businesses don't create billionaires and benefit all the workers rather than just a handful. And pointing to improvements in technology over time does not make today automatically better. Technology wouldn't stop improving if billionaires didn't exist. In fact I can't think of a single invention that wouldn't exist without them. How many people are dead and governments overthrown because some rich assholes wanted more and couldn't stand the idea of locals getting a few more cents in wages? I know someone with just a few million dollars to retire on after decades of work couldn't manage to get such operations pulled off. |
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