Posted on 05/21/2020 7:41:24 PM PDT by GuavaCheesePuff
Great! Let’s tax you first to see how it works.
Yeah, but Fauci’s income really tilts the total.
Unless they're married to one of the "haves."
And just what do you think the government would do with that money they got through those taxes?
Nonsense.
Billionaires in the aggregate have no doubt gotten richer because they are more heavily tied to tech companies. Think Gates, Bezos, Musk, etc. And those companies have done well as people have adapted to the idea of working remote. It's not some dark conspiracy.
Besides, it didn't take much foresight to get out of the way of what was coming. I also have more wealth now than I had a few months ago, although I'm no billionaire.
I don’t resent their wealth, but I do resent the non-essential, TDS-infected staff at Bezos’s WaPo terrorising the public 24/7 about “a virus”, and 100% backing extended lockdowns that destroy tens of millions of lives, while Bezos’s Amazon makes billions from the faux “crisis”.
and I do resent Zuckerberg making even a cent during the “crisis”, when he has a team of faux “fact-checkers” pulling down anything on FB that doesn’t toe the official covid line, according to them!
exactly. These TRILLION dollar companies are able to sell their products. While small mom and pop stores were forced to close their doors.
The question not being asked is how much would they have made if there was no Coronavirus?
Maybe the same, maybe even more.
No conspiracy, although the drivebys might want you to think so.
God bless them. I want to be a billionaire too. I do work for one indirectly so that is as far as I will get.
Btw folks, at 23:38 oil just took a hit again, to below 31. It had moved up to 34, bringing much of the market with it, but now is struggling to get back up.
Expect a hit on the market accordingly in the AM, especially oil-sensitive stocks. I think that LYFT is a worthless pig, but somebody keeps throwing money into it. The current bid of 30.52 x 800 is above the market close, and likely a lot higher than the open will be, if there are any shorts out there.
Most billionaire fortunes are tied into large positions in companies. If they are officers, they cannot sell those positions anonymously. They must report their intent beforehand. And when an owner sells a very large position, it necessarily depresses the value of the entire company as other investors’ confidence may be shaken. If Bezos was forced to sell amazon, it’s unlikely would get the $110 billion his holdings say he is worth.
Hey Derper
We already have a wealth tax, it is called property tax
More than anything I think the income tax whittled away the Middle Class. Jobs being shipped overseas due to regulation and greedy unions was also a big blow to the Middle Class.
Yes, the Bottle Neck effect. So much that WalMart closed at night. With waiting line rails outside the stores.
I say good for them.
I have no problem at all with this.
Kudos...
Why do they rich covet so much?
You would think they could learn to be happy with what they have. They never are.
Yet they think their wealth makes them morally superior than the rest of us.
They are not.
They think their wealth gives them favor (so verrry blessed ya know) with God or garners God’s mercy & love. It does not.
They love money more than anything.
So when you quote the Bible about envy; let’s remember those who covet money more than anything. And think they “deserve” what they covet. As if the rich aren’t the most coveteous!
Too bad they find out too late money doesn’t get you into heaven. And doesn’t get you any favor with God.
It’s not the billionaires who generated value during the crisis and reaped the rewards that I’m worried about. It’s the people off the books that fraudulently profited from all this loose money.
no billions here but the moment I heard lockdown I took all of our liquid investment capital and bought Amazon stock.
So sue me....
Amazon has been very very good to me.
“This is probably a very unpopular opinion around here, but this is why we absolutely need a wealth tax instead of an income tax!”
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Well, Noob, let’s EAT THE RICH!
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