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SirTripAlot
Semper Fidelis



Registered: 01/11/05
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Re: Should billionaires exist [Re: feldman114] 4
#26621874 - 04/23/20 09:05 AM (3 years, 9 months ago) |
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Suck on this:
https://www.fastcompany.com/90494347/american-billionaires-have-gotten-280-billion-richer-since-the-start-of-the-covid-19-pandemic
Though the coronavirus itself may not discriminate in terms of who can be infected, the COVID-19 pandemic is far from a great equalizer. In the same month that 22 million Americans lost their jobs, the American billionaire class’s total wealth increased about 10%—or $282 billion more than it was at the beginning of March. They now have a combined net worth of $3.229 trillion.
The initial stock market crash may have dented some net worths at first—for instance, that of Jeff Bezos, which dropped down to a mere $105 billion on March 12. But his riches have rebounded: As of April 15, his net worth has increased by $25 billion. Eric Yuan, founder and CEO of Zoom, was one of the few to see an increase in net worth even as the markets crashed, and he’s now up $2.58 billion.
These “pandemic profiteers,” as a new report from the Institute for Policy Studies, a progressive think tank, calls them, is just one piece of the wealth inequality puzzle in America. In the background is the fact that since 1980, the taxes paid by billionaires, measured as a percentage of their wealth, dropped 79%.
“We’re reading about benevolent billionaires sharing .0001% of their wealth with their fellow humans in this crisis, but in fact they’ve been rigging the tax rules to reduce their taxes for decades—money that could have been spent building a better public health infrastructure,” says Chuck Collins, director of the Program on Inequality and the Common Good at the Institute for Policy Studies and coauthor of the new report, titled “Billionaire Bonanza 2020: Wealth Windfalls, Tumbling Taxes, and Pandemic Profiteers.”
-------------------- “I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.”
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ballsalsa
Universally Loathed and Reviled



Registered: 03/11/15
Posts: 20,837
Loc: Foreign Lands
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Re: Should billionaires exist [Re: SirTripAlot] 1
#26621929 - 04/23/20 09:47 AM (3 years, 9 months ago) |
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--------------------
Like cannabis topics? Read my cannabis blog here
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Tantrika
Miss Ann Thrope




Registered: 03/26/12
Posts: 17,138
Loc: Lashed to the pyre
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Re: Should billionaires exist [Re: ballsalsa] 3
#26621931 - 04/23/20 09:50 AM (3 years, 9 months ago) |
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feldman114
Stragler


Registered: 09/06/19
Posts: 3,365
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Re: Should billionaires exist [Re: Tantrika] 3
#26621944 - 04/23/20 09:55 AM (3 years, 9 months ago) |
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Well they ARE the superior siege machines
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ballsalsa
Universally Loathed and Reviled



Registered: 03/11/15
Posts: 20,837
Loc: Foreign Lands
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Re: Should billionaires exist [Re: Tantrika] 1
#26621951 - 04/23/20 09:57 AM (3 years, 9 months ago) |
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I've been thinking of building a trebuchet for fun. We used to make 'em in Boy Scouts out of poles and rope. You might be surprised at what you can build from poles and rope. We did towers and a rope bridge once. Took a dozen kids all day but it was pretty dope when we were done.
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Like cannabis topics? Read my cannabis blog here
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Tantrika
Miss Ann Thrope




Registered: 03/26/12
Posts: 17,138
Loc: Lashed to the pyre
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Re: Should billionaires exist [Re: ballsalsa] 1
#26621955 - 04/23/20 10:01 AM (3 years, 9 months ago) |
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Quote:
ballsalsa said: I've been thinking of building a trebuchet for fun. We used to make 'em in Boy Scouts out of poles and rope. You might be surprised at what you can build from poles and rope. We did towers and a rope bridge once. Took a dozen kids all day but it was pretty dope when we were done.
child labour really gets shit done
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Enlil
OTD God-King




Registered: 08/16/03
Posts: 65,499
Loc: Uncanny Valley
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Re: Should billionaires exist [Re: Tantrika]
#26621958 - 04/23/20 10:03 AM (3 years, 9 months ago) |
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/agree
Hence we have billionaires.
-------------------- Censoring opposing views since 2014. Ask an Attorney Fuck the Amish
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ballsalsa
Universally Loathed and Reviled



Registered: 03/11/15
Posts: 20,837
Loc: Foreign Lands
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Re: Should billionaires exist [Re: Tantrika]
#26621968 - 04/23/20 10:08 AM (3 years, 9 months ago) |
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I think every child should be made to dig and use at least one latrine before they hit age 12. Also take a firearms safety course, regardless of whether or not they or anyone they know owns or plans to own firearms
--------------------
Like cannabis topics? Read my cannabis blog here
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feldman114
Stragler


Registered: 09/06/19
Posts: 3,365
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Re: Should billionaires exist [Re: ballsalsa]
#26622006 - 04/23/20 10:30 AM (3 years, 9 months ago) |
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In the USSR, every boy was given a book called (something like) How to Be a Man & How to Be a Gentleman. I read my dad’s copy for shits&giggles and, while 90% of it is gender-role conditioning propaganda, the other 10% is some pretty great advice.
Anyway, the guns section was all about firearm “ethics”, like why a “real man” would never brandish a weapon unless it’s necessary, and how in a confrontation the person who shoots first is always in the wrong. Just thought it was surreal to see wisdom in a book where there’s a chapter on the merits and downfalls of chastising your wife.
I don’t have a point or anything , Ball’s poast just gave me acute dejavu of reading that thing
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Enlil
OTD God-King




Registered: 08/16/03
Posts: 65,499
Loc: Uncanny Valley
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Re: Should billionaires exist [Re: feldman114] 3
#26622011 - 04/23/20 10:34 AM (3 years, 9 months ago) |
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-------------------- Censoring opposing views since 2014. Ask an Attorney Fuck the Amish
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feldman114
Stragler


Registered: 09/06/19
Posts: 3,365
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Last seen: 3 years, 9 months
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Re: Should billionaires exist [Re: Enlil]
#26622159 - 04/23/20 11:46 AM (3 years, 9 months ago) |
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Baahahaha
Yeah, replace Putin with Stalin and that was it in a nutshell
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Babylon
Shaman


Registered: 05/15/11
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Re: Should billionaires exist [Re: feldman114]
#26622406 - 04/23/20 01:43 PM (3 years, 9 months ago) |
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Yes, we should inflate the currency to the point we are all billionaires.
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Brian Jones
Club 27



Registered: 12/18/12
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Re: Should billionaires exist [Re: Babylon] 1
#26623965 - 04/24/20 05:26 AM (3 years, 9 months ago) |
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I think they tried that in Germany and a wheel barrow of money wouldn't buy a loaf of bread.
-------------------- "The Rolling Stones will break up over Brian Jones' dead body" John Lennon I don't want no commies in my car. No Christians either. The worst thing about corruption is that it works so well,
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SirTripAlot
Semper Fidelis



Registered: 01/11/05
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Re: Should billionaires exist [Re: Brian Jones] 2
#26624235 - 04/24/20 09:21 AM (3 years, 9 months ago) |
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Everything is free!
-------------------- “I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.”
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Babylon
Shaman


Registered: 05/15/11
Posts: 442
Last seen: 2 years, 8 months
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Re: Should billionaires exist [Re: Brian Jones]
#26625525 - 04/24/20 07:35 PM (3 years, 9 months ago) |
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Quote:
Brian Jones said: I think they tried that in Germany and a wheel barrow of money wouldn't buy a loaf of bread.
Just need bills in a higher denomination.
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Alyssa
consecrated woman ✝️

Registered: 11/25/14
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Re: Should billionaires exist [Re: Babylon]
#26643619 - 05/02/20 12:41 PM (3 years, 8 months ago) |
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Money is for basic necessities, getting high and giving away for nothing in return. The heroic doses of drugs we should be doing aren't really that expensive, which leaves an astonishing amount to give away even among the proletariat. There's no conceivable excuse for having a billion dollars. It's considered that these shitbrains are worth billions, but in reality they are worthless. Absolute wastes of immense quantities of vital resources.
But to change the perception of monumental worth, we all need to be setting the example by giving away money directly to people who don't have shit. Got 1 grand all told after food, rent and internet? Sweet as fuck, buy a consensus-reality-shattering stash and save lives with the rest, keep it paycheck to paycheck, that's how we roll.
Economic insecurity vanishes when genuine fucks are given about people. Rich asses would be all alone thinking they're all that, they'd be the pariahs of the world, no more millions of self-esteem-deprived fans defining their lives in terms of them.
-------------------- I'm Alyssa. I'm consecrated to the Immaculate Heart. I don't want her to have to look at adultery to save my privileged living cells, so please keep it PG-13.
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Tantrika
Miss Ann Thrope




Registered: 03/26/12
Posts: 17,138
Loc: Lashed to the pyre
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Re: Should billionaires exist [Re: Bigbadwooof] 1
#26740212 - 06/12/20 06:06 PM (3 years, 7 months ago) |
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A bilionaire is like a Pharaoh they are the one who built the pyramid they sleep in
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meltdowner
Total Noob



Registered: 09/06/17
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Re: Should billionaires exist [Re: Enlil]
#26780666 - 06/24/20 10:50 PM (3 years, 7 months ago) |
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People who spend time on the internet complaining about are clearly not working hard enough and therefor their complaints are invalid.
If there is an area to discuss wealth problems, itnwould be the cost of simply owning/buying a home. Food is cheap, homes and the taxes on them are a serious problem for poorer people.
If people didnt need to work 60 hoirs a week just to pay a mortage i bet everyone would be happier. Housing isnthe USA's biggest problem. Debt for life causing work slaves.
-------------------- I'm a Lightweight. I like to eat like two caps at a time.
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Babylon
Shaman


Registered: 05/15/11
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Re: Should billionaires exist [Re: meltdowner]
#26785027 - 06/26/20 03:04 PM (3 years, 6 months ago) |
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Quote:
meltdowner said: People who spend time on the internet complaining about are clearly not working hard enough and therefor their complaints are invalid.
If there is an area to discuss wealth problems, itnwould be the cost of simply owning/buying a home. Food is cheap, homes and the taxes on them are a serious problem for poorer people.
If people didnt need to work 60 hoirs a week just to pay a mortage i bet everyone would be happier. Housing isnthe USA's biggest problem. Debt for life causing work slaves.
I agree, rent is definitely the biggest, most pain in the ass expense I have, and the scariest, since if it doesn't get paid I am homeless.
IMO empty homes should be taxed at a very high rate and the revenue used to support affordable housing.
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