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No one needs a billion dollars. (Original Post) applegrove Oct 2025 OP
Wish I could rec this 1000 times. raccoon Oct 2025 #1
So, if someone Greg_In_SF Oct 2025 #2
Well if he or she earned it all on their own DFW Oct 2025 #4
Do what Massachusetts did and tax it at 5% wealth tax. applegrove Oct 2025 #7
Tax the money out of them so they have less than a billion dollars. Isn't $999,999,999 enough money for one family? mucifer Oct 2025 #11
I don't care BeerBarrelPolka Oct 2025 #3
Absolutely true DeeDeeNY Oct 2025 #5
Does anyone need a million dollars? Shrek Oct 2025 #6
Certainly BeerBarrelPolka Oct 2025 #8
There Should Be No Billionaires ColoringFool Oct 2025 #9
The few rich people I've known Dr. T Oct 2025 #10
Even the "good" billionaires like Bill Gates engaged in cutthroat practices to get there. Shermann Oct 2025 #12

DFW

(59,934 posts)
4. Well if he or she earned it all on their own
Sun Oct 26, 2025, 04:45 AM
Oct 2025

Obviously we kill them, confiscate their wealth, and then those doing the confiscating decide on the redistribution, since they know best how to do it, and who is best deserving (¡alo presidente!).

in case it wasn’t obvious

applegrove

(131,339 posts)
7. Do what Massachusetts did and tax it at 5% wealth tax.
Sun Oct 26, 2025, 05:12 AM
Oct 2025

Last edited Sun Oct 26, 2025, 06:07 AM - Edit history (1)

Make sure they pay the full income taxes they owe, so they pay a way higher percentage than a doctor or a nurse. Make sure the tax system is tight so the billionaires can't game the system.

mucifer

(25,622 posts)
11. Tax the money out of them so they have less than a billion dollars. Isn't $999,999,999 enough money for one family?
Sun Oct 26, 2025, 06:16 AM
Oct 2025

BeerBarrelPolka

(2,173 posts)
3. I don't care
Sun Oct 26, 2025, 04:40 AM
Oct 2025

if someone has a billion dollars. Good on them. I care that no one goes hungry or without health insurance. Some billionaires or extremely wealthy people, have been very generous throughout the years. The billionaires can coexist with a functioning government. The billionaires owe us nothing, just like your neighbor owes you nothing. It's our government that owes us something.

DeeDeeNY

(3,942 posts)
5. Absolutely true
Sun Oct 26, 2025, 05:10 AM
Oct 2025

Being a billionaire is not a crime. It's only the pathologically greedy people who think their accumulation of wealth is more important than the suffering of the poor that are the problem.

ColoringFool

(489 posts)
9. There Should Be No Billionaires
Sun Oct 26, 2025, 05:38 AM
Oct 2025

No billionaire is 100% "self-made."

Oh, sure, they might very well have originated a brilliant concept that they turned into something the public valued enough to buy, and we can all think of examples.

But without favorable tax laws and co-operative banks and/or backers, what are the chances of going from millionaire to billionaire?

Beyond a favorable Capitalist system, there's the real question of ethics and corruption, and in this decade we've seen little of the former and innumerable examples of the latter, from attorneys to judges to politicians to media people to too many others, souls purchased by.....billionaires.

And while it is true that there exist charitable billionaires, why should that be laudatory, when a government, with the monies from fairly taxing the wealthy before they got to Musk status, is able to more equitably distribute those funds. At least, until the current Administration.

IOW, I strongly believe that billionaires have far too long a reach into our government, buying votes in order to benefit themselves, to determine budget considerations, and even to affect geopolitical decisions.

That isn't even touching on international crime.

Dr. T

(570 posts)
10. The few rich people I've known
Sun Oct 26, 2025, 05:43 AM
Oct 2025

got that way on the backs of their workers and by screwing over other business partners. If their success is equally distributed among those that got them their millions, that's one thing. But that's rarely the case. At the very least, they need to pay the same 30% of their income in taxes as the rest of us do.

There's a reason why millionaires run for congress, and it isn't for the lower 6-figure paycheck. That's pocket change to them. They are simply cutting out the middleman and directly legislating conditions that contribute to the redistribution of wealth from the poor and middle class to themselves.

Shermann

(9,027 posts)
12. Even the "good" billionaires like Bill Gates engaged in cutthroat practices to get there.
Sun Oct 26, 2025, 08:02 AM
Oct 2025

That said, I'm not in favor of wealth caps.

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