Why Do Liberals Keep Bitching About Billionaires?
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I continue to run across FB posts by people [almost all liberals] since I pretty much refuse to read Right-Wing crap, whining about billionaires not paying their taxes with Elon Musk and Jeff Bezos leading the pack. Why these two, instead of Mark Zuckerberg, Warren Buffett, and any of the other “B” folk is beyond me. Bezos and Amazon are particular targets, with words of hate to match their hatred of QAnon, Donald Trump, and Republicans in general.
What’s going on with you wild and crazy libs? Isn’t it bad enough you are completely clueless when it comes to running campaigns, and have only won by accident rather than design that you have to go after people who worked hard and become rich? Is it because you yourselves are not rich? I’m not rich, nor even well off by today’s standards, but I’m comfortable and that’s all I really need in life. Then again, if I were a “B” man I doubt I would complain if I had bigger bucks.
The information published almost a year ago shows how billionaires are able to legally reduce their tax burden, highlighting how the American tax system can hit ordinary wage earners harder than the richest people in the country. That’s often because the richest Americans tend to have their wealth tied up in stocks and real estate, allowing them to avoid taxes on unrealized profits. I do not have my ‘wealth’ tied up in stocks, and real estate, although I doubt I would mind if I did as long as I had enough ready cash to buy stuff as I needed it.
So, my question is, why all the bitching? Do you really expect billionaires to pay more in taxes simply because they are billionaires, thus depriving them of stuff to buy? I don’t. The fact is they do pay taxes and give millions upon millions to various charities, but that’s another topic. I mean after all do you really expect them to hand a couple of billion more to Uncle Sam because they might have it? How the fuck does that make sense?
I suggest you leave the rich alone and allow them to build giant companies and rocket ships and shit because they can. They worked for it, or, at the least someone down the line worked for it. Now big money mobsters, well that’s a different story, but life is too short to look into that. Perhaps another day, so please leave the rich people alone and let them enjoy their earnings.
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[…] Michael John Scott argues that libs should stop bitching about billionaires and let them enjoy their wealth. […]
There are so many articles of faith being used to support our popular economics today, I could spend forever addressing them, but I have to smile when people insist they aren’t jealous of people like Musk, because human nature dictates that we resent wealth and power, even while we worship it. Jealousy destabilizes civilization. Freud wrote a book. . .
It’s that the rich need to pay their “fair share” trope that gets me. We can all agree on “fair” can’t we? Musk payed something like 11 billion in taxes for 2021. A lot of money, You say it’s not enough bucky? you say it should be more? Even worse, you say poverty would go away if we doubled his taxes to 22 billion? Sad to say, that’s a drop in the bucket. It’s the Tesla Corporation that payed no tax, Are we hearing the reasons? Have tax “breaks” stimulated the sort of growth that builds industries which employ millions of people? No details please, this is propaganda, not economics 101. Most of this rests on the idea that the economy is failing and although it’s been argued forever, it isn’t. It’s like climate change – it isn’t warming everywhere; it’s just changing.
If corporate tax law needs to be revised, it should be the result of a real analysis of the real conditions and actual law. The kind of Trumpian Populism, and maybe Russian propaganda we’re seeing with some Democrats is based on little more, in my opinion, than uninformed emotion.
I couldn’t agree more!