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Anonymous wrote:Short answer. Because they are scared. Every second of every waking moment they are afraid to stop to think about it. They know they were just lucky, to pop out from a right vagina, right time in a right place and are no better than any other working stiff trying to get by. They are scared to lose it all just as easily as they got it and no amount of wealth will ever be enough to ease that dread.
Shorter answer. They earned their property. The government just confiscates it "for the greater good". AKA Theft.
So they earn an obscene amount of property (money) and decide the best way to spend it is to fund candidates who want to destroy public education, ensure healthcare stays expensive, gut research and protect child molesters rather than fund hospitals, universities, museums, medical research and ensure the next generation has the resources to thrive. It’s a judgement call in their part, and they prove they are callous, evil people who do not want to make the world a better place. Hard to feel sorry for them.
You can add whatever adjective you want. You have no idea how they are spending the money they earn and are making generalizations. The same could be said of billionaire democrat donors of which there are many.
You in fact are making everything more expensive by just dumping money on every problem, and the "problem solvers" are only to happy to raise prices and take that free government tax payer funded sugar.
That's how government spends $7.5 billion on Electric Vehicle chargers and has nothing to show for it. I'm tired of your redsitributionist schemes in the name of the "common good".
Your life runs on jealousy. Do better.
Who said anything about EV chargers. You have $5bn. Do you use a billion to build a hospital, or do you use it to kill environmental regulations that help protect the air we breathe and water we all have to drink and bathe in (and put more people in the already overcrowded hospital). It's a judgment call. Or do you fund a new STEM program for kids in your state? Or do you buy a $20 million new yacht (your third yacht). We all make choices. Personally, if I had a couple billion, the first thing on my to-do list would not throw it all at already corrupt politicians and join in the shxtshow. Look at Trump. He'd rather spend tax dollars ripping up the Rose Garden and turn it into a brothel disco than redirect it to medical research. The way you spend says everything about who you are.
Regulator personalities are highly collectivist and authoritarian narcissists and very dangerous. Completely oblivious to the unmatched genocidic and death cult of communism.
Do you have an issue with traffic signals and stop signs, too? They are a form of regulation, after all.
The nerve of the DOT insisting we don't rule the road, huh.
When flight attendants point out the oxygen masks, are you just dying to run up and down the aisles, disable everyone else's and insist they pay you in crypto to fix them?
Unleashed authoritarianism in a capitalist society... communism... they are all made up of the same people with the same motives and end goals. Kim Jong Un isn't a portly dude by accident.
Capitalism leads to overweight poor people
Communism leads to starvation or misery of the vast majority
Correction.. capitalism leads to overweight poor people with more technology than the Apollo missions and more comfort/pleasure time than Julius Caesar
Granted, I didn’t read every post in the entire thread, but did someone at some point in suggest that it was anti-capitalist to tax corporations and the hyper wealthy at a slightly higher rate to benefit society as a whole, the very society that allowed them to become hyper wealthy in the first place?
Well, let's take the USA for example. The top 10% of the tax paying base are paying 72% of the federal income taxes. The bottom 50% are paying 3% of the total income taxes.
We already have a highly progressive income tax in the USA.
The galling part is it's never enough for you leftist imbeciles. It's the same song from you everyday: anyone else should pay, just not me.
You simply want more, more, more. It's time for YOU to pay your fair share and stop demanding everyone else pay your fare.
I could make $10 million a year or $10,000 a year. I would still feel the same way.
What's interesting is if you start comparing how progressive our tax system is compared to other countries. As cited above,
72% of the total tax burden paid by the top ten percent
in the U.S.
What is it in other places? Glad you asked!
Well, here it is for all of Europe. The
highest in all the european countries is 56%.
https://taxfoundation.org/data/all/eu/top-personal-income-tax-rates-europe/
Canada is 54%.
https://www.wealthprofessional.ca/news/industry-news/canadas-top-10-income-earners-pay-over-50-of-income-taxes-says-study/325551
Australia is 48%.
New Zealand is 50%
https://thefacts.nz/nzs-5010-and-1050-income-tax-rule/
Our tax system is as progressive as hell, and you want the wealthy in the U.S. to pay even more. It's your only answer to every problem.
The part you leave out is that the top 10% pay 72% of the taxes but they also hold 72% of the nation's wealth so what they are paying is in fact proportionate and not in any way unfair. Meanwhile the 48 and 50% tax rates of Australia and New Zealand are proportionate with how much of the nation's wealth they also hold. Their top 10% isn't as lopsided as ours is.
Where are you getting that the top 10% hold 72% of the wealth? Citation.
Moreover, do we have a wealth tax in the U.S.?
This article says 71.2% of America's wealth is held by the top 10%
https://invezz.com/news/2025/04/04/us-wealth-inequality-hits-new-high-as-top-10-now-own-71-2-of-nations-wealth
We don't have a wealth tax but I think Elizabeth Warren's is a good proposal.
If your net worth is $0–$50 million you pay 0% wealth tax - No tax for 99.9% of households
If your net worth is $50M–$1B you pay 2% annual tax on net worth above $50M
If your net worth is over $1B you pay an extra 4% to make it 6%
"Net worth" includes real estate, stocks, trusts, retirement accounts, personal property over $50K, and foreign holdings
The proposal includes anti-evasion measures:
- 40% “exit tax” for wealthy citizens who renounce citizenship
- Minimum audit rate for ultra-wealthy
- Expanded IRS enforcement and third-party reporting
Penn-Wharton estimates this would raise $2.3-2.7 trillion over 10 years toward paying down the debt.