They don't need to be taxed more, they need to have their wealth confiscated and their capital returned to the workers. We need socialism not social democracy.
There is SO much less global poverty today than there was just a century ago that it's almost unbelievable. Poverty is not only not caused by billionaires existing, but there's positive correlation between their increasing numbers and global poverty decreasing.
This is like continuing to argue that Internet porn causes rape to happen more, even after we can look at the stats and plainly see that the incidence of rape has plummeted as Internet porn became more ubiquitous.
no one was poor back when there were no billionaires
Whipping out my inflation adjustment calculator and...
It appears this is a lie on two fronts.
Thereโs way more poverty in the world today compared to 100 years ago.
The extremely hard to swallow pill that westerners struggle with is the impact anti-colonial movements of the 50s and 60s had in drastically reducing poverty globally.
People love to talk about changes in poverty in the Imperial Core. Nobody really wants to think about Bolivia or Vietnam or the enormous plunge in the poverty rates in Russia and China following WW2.
Worse still, any discussion of poverty in Europe following the collapse of the USSR relative to the rising tide of prosperity in Africa, Latin America, and the Pacific Rim is just completely off the table.
The problem is not having poor people and rich people. The problem is that some people have so much money because of tax evasion, wage theft, inheritance and other things, all the while some people are going hungry.
Knowing that these filthy rich people are actively making sure they don't contribute their fair share to society, make society and the planet worse just to have their fancy numbers always grow bigger.
That's $4882 per person, per year. If you're still going hungry with a food budget like that, individual billionaires are not the reason you're going hungry, sorry.
Knowing that these filthy rich people are actively making sure they don't contribute their fair share to society
How much is "their fair share"?
Do you think people who receive more in government assistance than they pay in taxes are paying "their fair share"?