this post was submitted on 04 Mar 2025
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[–] [email protected] 94 points 22 hours ago* (last edited 22 hours ago) (1 children)

I worked in a school with a pretty good amount of students whose families had probably not entered the country legally.

I had a student who would be out at the end of the day. Like, yeah, lots of kids are zonked out by the last hour, and the fake sleep to watch silent TikToks was ever popular.

But this girl was out. The bell would ring and I’d try to wake her up. Like starting with a “hey the bell just rang, time to go home.” Gently nudging her to get no response. This was routine.

She worked a full time job at night. She didn’t get to sleep. She worked at night, she went to high school during the day.

There have been times that I’ve had to work three jobs to survive as an adult, and I’ve worked my share of fifteen+ hour shifts with no OT because who needs labor laws?

But that girl had to work harder to survive than any billionaire I’ve met could even conceive of (and I fucked a billionaire for quite a while). She was a child. She should have been tired because she had stayed up all night playing video games or talking to her friends - she should not have been tired because she had to have a full time job to survive as a teenager in high school.

[–] [email protected] 62 points 22 hours ago (1 children)

and I fucked a billionaire for quite a while

Soooooooo

Are we just glossing over this or.....

Lmao

[–] [email protected] 53 points 22 hours ago (1 children)

Yeah, I married and was economically devastated by a billionaire. Turns out, if you can afford good lawyers, you can keep the house and ditch your spouse with a hopeless amount of CC debt. Long story.

[–] [email protected] 40 points 22 hours ago* (last edited 22 hours ago) (2 children)

Oh. Well I was totally thinking that was going to go in a "I was a secret billionaire's mistress" sort-a-way. Not, "I have a legit supervillain backstory because of a billionaire" kinda way, sorry lol

[–] [email protected] 38 points 22 hours ago

Superhero backstory. The billionaire is already the supervillain in this story.

[–] [email protected] 27 points 21 hours ago (1 children)

The ups of my life are things like dinner for three at the top of Harrod’s that cost more than my current apartments rent (and steak. oh god actual fancy steak house steak. foie gras on a rare filet), the downs are analingus for grocery money (pan fried chicken hearts in butter with rice got me through college).

[–] [email protected] 17 points 19 hours ago* (last edited 19 hours ago) (2 children)

analingus

Did you mean "analogous?" Or did you have to eat ass for groceries? 🤔

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[–] [email protected] 27 points 21 hours ago (2 children)

We need to wipe them from existence.

Let every nation have a maximum wealth cap. 1000x the median national household income. Anything else is taxed at 100%. This cap in the US would be about $80 million today.

But if you're somehow in flagrant violation of this limit? If your wealth is the equivalent of over one billion 2025 dollars? Unless you quickly earn a multi-billion fortune and immediate give it away or spend it, having a net worth over $1 billion will be a felony. It will be a capital offense. Oh you're secretly billionaire, having hid your vast illegal fortune from the IRS? You are guilty of trying to amass a geopolitically-significant level of wealth. We're going to treat this as seriously as we would someone who attempts to build their own personal nuclear weapons. Really, you are guilty of a form of treason. Except instead of aiding a foreign nation, you were trying to become a threat to your nation yourself. And the traditional penalty for treason will be applied.

This is the world we could have. We could, if we wanted it badly enough, simply make being a billionaire a capital offense. Force them to give away or spend most everything they have. Either way, given or spent, wealth is distributed enough so that no individual can threaten the nation through their own personal wealth.

It is time we wiped billionaires off the face of the Earth. No individual should ever be allowed to become so wealthy that they become a threat to nation states.

[–] [email protected] 0 points 15 hours ago (2 children)

You realize that a single grocery store with all of its stock is likely already worth more than 1000x median income? Who does the grocery have to be sold to to pay your 100% tax?

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[–] [email protected] 0 points 16 hours ago (1 children)

This really shows how little you actually understand about money. Let’s say this hypothetical played out. Where do you realistically think these taxes will end up? What do you think an economically monopolistic and highly supercharged government will get you? What will happen to the quality and ubiquity of goods and services available to you?

[–] [email protected] 3 points 15 hours ago* (last edited 15 hours ago) (1 children)

Not op, and any Marxist feel free to step in, but 100% tax is technically communism. And I mean full final stage communism where money no longer exists. If income is taxed at 100%, then money no longer needs to exist since.. well you never really see it. The tax is spent on everything. You work if you can and everything that can be, is provided for you. Purely from an economic point of view. This is though an ideal and something that would need to be worked towards over long periods of time.

[–] [email protected] 2 points 13 hours ago (1 children)

I'm a full on no money commie. To me any society that has money is capitalist, doesn't matter what happens to it, it's a capitalist society once you introduce money to it. I propose a gift economy. It is the first economy recorded and is how humans should be living. We just give people what they need, not expectining anything in r eturn. No money, no bartering system. We just give anyone what they need. The gift econmmy is so engrained in human life and we do a little even when in a captalist society. Ever explained the rules to a boardgame? I imagine you did that for free, asking for nothing in return, gift economy. Helped a family member with tech support, you did that for free, asking for nothing in return. Even writing a internet comment, you likely did that for free and a lot of internet comments are written because someone asked a question, you're helping them for nothing in return. We need to get to the gift economy.

[–] [email protected] 1 points 12 hours ago* (last edited 12 hours ago) (1 children)

How do you determine who gets what they need when a given resource becomes scarce? Everything is finite. Human greed is also real. Do you just take someone at their word that they're desperate for something when they may not be?

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[–] [email protected] 2 points 12 hours ago

Idk…they can afford a lot of viagra

[–] [email protected] 4 points 15 hours ago (5 children)

I will post this every time.

Billionaires have an unhealthy concentration of power, but they don't have a billion on their bank account. They own companies that are worth that much. They also aren't necessarily assholes.

Germany has many medium sized companies. They mostly treat their employees really well. Good pay, guaranteed jobs for their kids, etc. Many for sure are worth over a billion. And they are privately owned, so the owners are billionaires or close to it. So what is supposed to happen to those companies ownerships? Would it really be better if they are publicly owned?

I've come around to think that a wealth tax is necessary, but it's for sure complicated.

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