@newt182 | ||
If so, why? It seems this is a hot topic in the news today/recently Trickle down economics isn't working well. Billionaires are h0arding money, while poverty is increasing. The argument is that amount of money could never be spent by just one individual, so why have it? |
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@newt182 | 2 November 19 | |
Another argument is it shouldn't be possible to become a billionaire unless you are using tax loopholes/schemes to avoid paying your fair share
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@prattle | 2 November 19 | |
Whats wrong with using tax loopholes to avoid paying tax? Its definitely possible to be billionaire without schemes though
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@newt182 | 2 November 19 | |
@newt182 | 2 November 19 | |
''Whats wrong with using tax loopholes'' - Easiest question ever. Look around you at our country.
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@newt182 | 2 November 19 | |
OK, in a perfect world, would you want billions stashed away in a bank account just doing nothing for our economy, or would you want that money circulating, enriching people and government?
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@eyesore | 2 November 19 | |
@ newt182 - 2.11.19 - 06:17pm ''Whats wrong with using tax loopholes'' - Easiest question ever. Look around you at our country. Define tax loophole |
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@phallica | 2 November 19 | |
So billionaires, just because they've made a lot of money, should have their profits expropriated to better the have-nots? Sounds like the kind of communist bullshit that ends up in disaster.
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@dan27notts | 2 November 19 | |
Because it stifles growth, investment, innovation and all the rest of it. End of topic. Stop being bitter because someone has more stuff than you.
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@newt182 | 2 November 19 | |
@ dan27notts - 2.11.19 - 07:13pm Because it stifles growth, investment, innovation and all the rest of it. End of topic. Stop being bitter because someone has more stuff than you. You could argue the exact same thing with h0arding that wealth. The money stays in a bank account and doesn't help anyone, even the person who has it. It is just a figure on a computer, nothing more. Also, if it was redistributed it would create growth, investment and innovation as it would actually be being used. |
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@newt182 | 2 November 19 | |
@ phallica - 2.11.19 - 06:52pm So billionaires, just because they've made a lot of money, should have their profits expropriated to better the have-nots? Sounds like the kind of communist bullshit that ends up in disaster. Why do they need it? It's nearly impossible for them to spend it. |
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