Public trillionaires
Trillionaires almost certainly already exist. There are many people and families who do not publicly report their net worth. Putin is a good example.
this post was submitted on 20 Jan 2025
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These are direct results of the government's failure to govern. The whole purpose of government is to regulate.
Billionaire wealth should have immediately been taxed at the highest historical levels. Now we're past the tipping point and have to simply endure living in an empire as it crumbles around us, while masses of rubes cheer their oppressors.
Thank Reagan for that
'Now we’re past the tipping point and have to simply endure living in an empire as it crumbles around us, while masses of rubes cheer their oppressors.' - I can still vote and will do everything in my power to tax the s**t out of those billionairs. So help me the flying spaghetti monster.
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Mentally unwell hoarders
They should get therapy rite?
I can't remember where I heard this but apparently there are therapists for very rich people.
The therapist was on a podcast I think and discussing what they talk about.
Basically all rich people fear not having enough money. No matter how rich they get, they fear and obsess over not having enough money.
I thought it was interesting. These are people richer than God and they always want more.
A single million could really change someone's life. Just one million.
With all of my expenses tallied up, for 15 years, I'm covered worry-free and all I'd need is at least $500k. That's it. Another half of that, make it 30 years.
These rich people, having billions at their command, are set for like twenty lifetimes over.
Their children’s children’s children will be unimaginably wealthy. There is no need for any one person to have that much. We're supposed to be in space ships exploring the galaxy, not lining up to work ourselves to death so some mentally unstable chode’s great-great-grandkids can go to an Ivy League school.
One million invested to the stock market pays you on average 70k a year in interests. Now imagine having a billion on the stock market.
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The fact that we even have billionaires (and they should not be a thing. The notion of a trillionaire is even more fucking atrocious) is probably why donvict and elon are assuming power right now.
Without the broligarchs and their thumb heavily on media, both "legacy" and not, do you think there would be so very many stupid people willing to vote for the convicted felon?
Say it with me: Billionaires should not exist.
Decamillionaires should not exist as long as there is still poverty anywhere in the world.
When money is used in society as security for basic rights like a home, food and clean water, healthcare, political representation in government, then people hoarding wealth at the detriment of others are responsible and shouldn't be surprised when those same people they oppress become violent.
This is why they are shoveling so much money into loyal robots.
Absolutely obscene.
Bullets don't care about your net worth
Drones are extremely cheap.
Every developed nation should tax these motherfuckers' entire assets at 99%. If they want to flee with all of their money to Honduras or Haiti or something, let them enjoy that paradise.
I mean, the issue is getting all nations to agree to that and making any agreement binding because otherwise the nation that decides to tax them at 98% gets all of the tax revenue...
I'd be fine with just taking them out of the entire system. Like I said, let them live in a place like Haiti if they want to be rich and keep them out of the rest of our lives. Let them build themselves a Dracula castle in Port-au-Prince.
They're not going to go to Haiti though, they're going to go to Monaco or Switzerland or Ireland or The Netherlands. That's my point, for this to work all of the "developed" nations need to agree despite having a massive financial incentive not to.
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98% of... what? Billionaires don't get a paycheck like working people. They're already sitting on all that wealth! If they spend money, it's buying something once like a football team or Twitter and waiting until the value goes up before selling it. Same thing with stocks. And those realized gains are taxed lower than payroll taxes. They even take out unneeded loans like Trump just to avoid paying taxes! There's a reason people say the rich pay less taxes than us...
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That assumes national borders mean anything to this class. They travel by private plane and go directly from the tarmac to the car. They don't even need passports.
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Shopping list for this year:
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AR-15
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Any 9mm pistol
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Semtex
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Military surplus gear
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Toyota Tacoma
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I mean, there is a way to cure billionaires and prevent trillionaires. Several cures, actually, some of which are likely more palatable than others.
I just wanna say that Zimbabwe had trillionaires before it was cool.
and yet, no one will stop using their services.
They have so much money, the services aren't even where they make most of it anymore. Trading and investing are.
only way I see an option to not is to live similar to Amish lifestyles in the US, but even then, I assume AWS, Meta and Alphabet can make some money off their existence through satellites and IP cameras
I don't disagree with you and not arguing not to be aware of individual actions. it just seems the situation is more dire than just not giving them our money or data
Even if every single person stopped using them. They would still be billionaires, and still be making money by other means.
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Bro! But capitalism uplifted the most amount of people out of poverty than any other system right? Right?
No shit, fuckin obviously. This is how money works. The point is not the number it is the proportion (though obv they're related)
Compounding interests. I don't think that most people realise how powerful the effect of it is. Anyone can take advantage of it but there's no getting around the fact that the more money you have the easier it gets to make even more which then makes it even easier and this just keeps accelerating.
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