196

I dont think they in reality do exist(or to be precise not the ones you think about). Most of the bilionares have their wealth tied to the stock so if they wanted for some reason to use a significant proportion of it they would have to sell their stocks which would crash their companies valuation if they even found enough pepole to buy those stocks,so i doubt they are bilionares in reality, alghtough certainly most of them could come up with a few hundred milions (or much much more if we are talking about actual asset like in case of elon musk buying Twitter , but that in reality Just changes the stock their net worth is tied to) . Now oligarhs and warlords from dictatorships and failed states are completely another thing and they likely by siphoning money from state owned companies actually are just that wealthy but we can all agree that they are pathological cases regardless of your political alignment. There are also a few cases of inherited wealth but those are rare beacuse as it turns out even if you have a butload of money you can Stil somehow spend it on stupid shit(not to mention the fact that bilionares and milionares tend to have quite a lot of children so that divides their wealth between them even further ) .

So as always its not as simple alghtough i definietly do agree that pepole nowadays tend to simp on wealthy pepole a bit too much. (alghtough it seems sentiment shifted through pandemic to eat the Rich category, but that might be Just my bubble of internet recomendations). They are still wealthy as f*. They really do not need another tax break and they Will indeed survive being taxed much more than ordinary citizens, it is after all the country and its pepole that allowed them to become so Rich in the first place(By the said country providing education or reasonable legislative framework protecting their Business or offering lower taxation when they were starting out) it is reasonable that they give something back through higer taxes. And bilionare/milionares charity is a tax break, Not a charity.

why are these comments removed by mods?
not liking billionaire is one thing but removing people's comments is another(unless they were abusive or something, still I don't think comments should be removed)

It's, indeed, certainly on par with economics research.

I can't believe someone wrote this about Bezos. I stopped reading after this clown said it is more environmentally friendly to order from Amazon lmao

Is it a copypasta?

Someone will come along to call me a bootlicker

It's me. I'm here to call you a bootlicker. Ya bootlicker. No one works hard enough to earn a billion dollars, simple as. He got as wealthy as he did by employing the usual monopolization tactics. Such as undercutting his competition to drive them out of business. There's also the whole thing about Amazon barely paying taxes, exploiting and abusing their workers, union busting and horrible conditions things too. Among many, many others. Using his ill gotten gains to then expand vertically and horizontally (shipping infrastructure and AWS for example) are also common tactics utilized by companies aspiring to be a monopoly to keep their overhead low and further eliminate competition. Amazon should have never been allowed to get this big. Amazon and Jeff bezos are only as big as they are because of a corrupt system that didn't rein them in.

Also, billionaire philanthropy is a tax dodging scheme that rarely, if ever, does what it's "supposed" to do

Corporate bootlickers gtfo

There's a difference between admiring Amazon's success and attributing that success to Bezos. Amazon's success from that elephant in the room that you pretty quickly glossed over, the employees. Did Bezos come up with AWS? No. Do you think he directly contributed to its success? No. But who takes credit and profits from that? Bezos and the board. This is what people mean when they say there's no such thing as a "deserving billionaire". The only reason Bezos is a billionaire is because he owns the company. His actual labor contributions definitely haven't been even close to being worth a billion, but because of the work of others he has a worth of a hundred billion. If you took the entire worth of Bezos and distributed it evenly between all Amazon employees then every employee of Amazon would be a millionaire. And there's an entire board just profiting from the actual work people in Amazon are doing. But what do those workers get for that work? Having to piss in bottles to not lose their job.

You can admire Amazon for what it was able to achieve, but let's not act like Bezos or the board are the reason Amazon is successful. Bezos and the board are the reason Amazon is so shitty and the company would be better off without them.

Fucking bootlicker

Thank you. I don’t agree with all your points, but it’s nice to see someone that accepts things as they are and finds the good. Amazon has redefined the world as we know it. After paying for prime it’s amazing I ever have to wait more than 3 days for a package. I can buy freakin snail excrement if I want to. Did Bezos “earn” his billions? No, but he provided a way for others to make millions and that gets rewarded

It means they're following the rule: you need to post something before leaving.

It's this 196 community rule, showing up on the right (if you're browsing from desktop) -

*Be sure to follow the rule before you head out.

Rule: You must post before you leave.*

Dumbest fucking take. Socialists didn't give you Trump, socialists warned you this was the inevitable consequence of your actions. Do I seriously need to remind you that Bernie didn't win the primary? Or for that matter, that there is a difference between "socialism" and "social democracy"?

Damn Liberals!

I kind of expected the least intelligent people to stay on Reddit but here we are.