New Report: richest 26 billionaires worth as much as bottom 3.8 billion world population (wage, claim)

[Listener2307]

Originally Posted by J746NEW

I wonder how some feel, that many of these billionaires are flying in 1700 personal jets to Davos to talk about climate change and how we all need to cut back.


This is the danger this much money poses.
The power over others and they will not be cutting back only you will.

There is another danger - one that was recently expressed.
Republicans passed the tax cut. Democrats belly-ached about it being a tax cut for the rich. Voters in wealthy areas immediately voted in Democrats.
Why?
Because the tax cut limited the deduction for property tax to $10,000. And they want that money back.
Evidence?.... Rep Nita Lowey, D-NY, introduced a bill to increase the limit as soon as she could. All the while, screaming about tax breaks for the rich.

[Winterfall8324]

Originally Posted by Clarallel

Winterfall, I just heard of a book you might like:

WINNERS TAKE ALL: The Elite Charade of Changing the World
By Anand Giridharadas

Winners Take All — Anand Giridharadas

I'll have to add this to my backlog of books, I haven't had much time to read recently.

Thanks!

edit: While I haven't read any of his books, I've seen him in interviews and on TV, and find his criticism of elite wealth well put in many cases.

[Winterfall8324]

Originally Posted by Listener2307

Progressive standard says they must be punished. They believe in order to have a lot of money you must take it from someone else.
Let's git em!!!!!

I'm sorry, but what???

[Winterfall8324]

Originally Posted by arctichomesteader

God didn't create your money. A government did. The government that created the money you use can tax it.

Since you're so opposed to taxes and government, are you okay with abolishing all of the government? Or is it you only want those parts abolished which don't directly help you personally?

To add to this, the government creates the laws that allows for ownership of large amounts of capital by protecting such claims with armed force.

[T-310]

Originally Posted by Winterfall8324

Report: 26 People Own as Much as the Poorest 3.8 Billion | Time


Please, tell me how these rich people worked harder than everyone else to get here. Tell me why having unelected elite ruling the global economy while keeping everyone else in poverty is good.

Please, tell me.

Good for them.

[RubyTwo]

So what. That doesn't prevent you or anyone else from making a good life for you or your family.

You people are insane.

[Alch3mist]

The next bubble. How do you think this one is going to bust?

[skeddy]

I admire the super rich.

[lifeexplorer]

Originally Posted by arctichomesteader

God didn't create your money. A government did. The government that created the money you use can tax it.

Since you're so opposed to taxes and government, are you okay with abolishing all of the government? Or is it you only want those parts abolished which don't directly help you personally?

Money has existed long before government!

[lifeexplorer]

Originally Posted by Winterfall8324

To add to this, the government creates the laws that allows for ownership of large amounts of capital by protecting such claims with armed force.

Again, are you a slave master or God? You don’t get to decide how we live our life unless you are one of them.