DontDoubtDavid 1,196 Posted November 24, 2020 Share Posted November 24, 2020 Should have kept my shares in Tesla 😑😑 Link to post Share on other sites More sharing options...
Suuus 5,632 Posted November 24, 2020 Share Posted November 24, 2020 3 hours ago, Peroxide555 said: No one man should have a net worth within the vicinity of $500billion...  it's disgusting. Why not? Link to post Share on other sites More sharing options...
Sunny 12,753 Posted November 24, 2020 Share Posted November 24, 2020 Some people really defending him when he got to where he is by using Apartheid money, exploiting workers and using tax loopholes  I like dancin', and ponies.... Link to post Share on other sites More sharing options...
Better Day 5,766 Posted November 24, 2020 Share Posted November 24, 2020 Nobody should have type of money. It is too much power. Musk and him on Amazon should getting hammered with tax. Together You And I! Link to post Share on other sites More sharing options...
KORG 4,756 Posted November 24, 2020 Share Posted November 24, 2020 22 minutes ago, Suuus said: Why not? Jealousy and a poor understanding of how a redistribution of wealth can lead to greater wealth equality, which discourages ambition and success, thus stunting the advancement of mankind. Link to post Share on other sites More sharing options...
ALGAYDO 35,078 Posted November 24, 2020 Share Posted November 24, 2020 2 minutes ago, KORG said: Jealousy and a poor understanding of how a redistribution of wealth can lead to greater wealth equality, which discourages ambition and success, thus stunting the advancement of mankind. Fúck the poor and the struggling, right? Link to post Share on other sites More sharing options...
Emvee 8,826 Posted November 24, 2020 Share Posted November 24, 2020 7 minutes ago, KORG said: Jealousy and a poor understanding of how a redistribution of wealth can lead to greater wealth equality, which discourages ambition and success, thus stunting the advancement of mankind. Did you learn that on Prager U lmao Link to post Share on other sites More sharing options...
Sunny 12,753 Posted November 24, 2020 Share Posted November 24, 2020 9 minutes ago, KORG said: Jealousy and a poor understanding of how a redistribution of wealth can lead to greater wealth equality, which discourages ambition and success, thus stunting the advancement of mankind. I'm sorry, but wealth equality is a bad thing all of a sudden? Wealth inequality is the reason we are where we are today, and wealth inequality is tied to racism, xenophobia and etc. If there had been no massive hoarding of wealth, we would be much more advanced and better as a species, not to mention we would've progressed immeasurably. Also that is very classist and privileged to say; some people are living off of $1 a day, while Elon Musk alone is worth $500bn. And yes, I know that he doesn't have all of the money in his bank, but he has a pretty hefty chunk of it. And I'm sorry to say but if your ambition is fueled by money and crazy amounts of wealth, you are doing it wrong. Elon, Jeff, Bill's main goal isn't to "help the mankind" and "let's colonize space" - it's to get filthy rich. The other stuff is just the positive byproduct. I like dancin', and ponies.... Link to post Share on other sites More sharing options...
Economy 52,844 Posted November 24, 2020 Share Posted November 24, 2020 11 minutes ago, KORG said: Jealousy and a poor understanding of how a redistribution of wealth can lead to greater wealth equality, which discourages ambition and success, thus stunting the advancement of mankind. There's a difference between trying to punish the wealthy or banning profits with borderline communist ideals vs wanting more fairness  Wealth inequality has been rising steadily since the 1970s and gains in productivity are barely being felt by the middle class with almost all the gains going to the top  U don't need the people at the very top to have thousands of times the net worth of the average person to encourage hard work and drive. Decades ago wealth inequality wasn't this massive and it didn't stop hard work  In fact entrepreneurship and small business creation has been at all time lows. I think a lot of ppl give up when inequality gets this high. It ends up being unmotivating when the big corps monopolize everything or trying to build something from scratch is almost impossible to compete these days  I'm not a fan of extreme left policies. I'm not sold on the levels of taxation politicians like AOC or Bernie Sanders want and I do believe if fully implemented to the level they want it would cross a threshold that would do more harm than good  But there's no reason Billionaires should be paying LOWER average tax rates than the upper middle class. Capital gains being taxes lower than income is not free market or a level playing field, it's literally chrony capitalism in favour of the rich that can keep compounding their wealth with no effort sitting on their asses  At the very least tax capital gains a more fair rate so the rich don't keep getting everything. And that money can be used for useful things like infrastructure or healthcare or education  Again I don't even consider myself a leftist and Corporations and the successful have their critical role to play and people need to have drive and I acknowledge that. But certain things are clearly corrupt and not a fair level playing field  I actually used to be MORE Right Winged many years ago. Like @Luc I also moved a bit further to the left as my understanding of economics grew because I wasn't just looking at business alone but other factors of the big picture as well that in a full circle affect the entire economy and people, and the free market to be blunt is also not a perfect balancing system of resource allocation nor is it a system that perfectly rewards everyone proportionally to their efforts. If it was some perfectly fair system that said for X amount of effort and work u get rewarded X amount then I'd have full confidence in it for fairness and oppurtunity but it doesn't quite work that way Link to post Share on other sites More sharing options...
alsemanche 97,796 Posted November 25, 2020 Share Posted November 25, 2020 Disgusting Soft, soothing, and succulent Link to post Share on other sites More sharing options...
FATCAT 60,888 Posted November 25, 2020 Share Posted November 25, 2020 5 hours ago, TimisaMonster said: He will invest in our future so thats a good thing  He literally wanted to risk his own workers dying from Covid so he could get more coin, he's not gonna invest in anyone but making himself richer. This kitten over here (meow) Link to post Share on other sites More sharing options...
FATCAT 60,888 Posted November 25, 2020 Share Posted November 25, 2020 13 minutes ago, KORG said: Jealousy and a poor understanding of how a redistribution of wealth can lead to greater wealth equality, which discourages ambition and success, thus stunting the advancement of mankind. discourages ambition and success? They just want to feed their families on a 40-hour work week, Brenda. This kitten over here (meow) Link to post Share on other sites More sharing options...
Runway 27,876 Posted November 25, 2020 Share Posted November 25, 2020 Get money grimes Link to post Share on other sites More sharing options...
Glamourpuss 29,080 Posted November 25, 2020 Share Posted November 25, 2020 He's a clever man. He founded Tesla but he also created Paypal. Edit.. well it turns out it's not true but he has a good business sense. Link to post Share on other sites More sharing options...
FATCAT 60,888 Posted November 25, 2020 Share Posted November 25, 2020 4 minutes ago, Glamourpuss said:  he also created Paypal. This actually isn't true, he just bought it with his dads money This kitten over here (meow) Link to post Share on other sites More sharing options...
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