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Related: About this forumBillionaire cries on National Television over having to pay a wealth tax
safeinOhio
(32,641 posts)and we will really give you something to cry about.
Newest Reality
(12,712 posts)Who is morally bankrupt here? Has he lived a life so immersed in money that it is directly connected to his feelings and insecurities? How does he do it?
Well, this is sadder than a litter of puppies dying from hookworms and I had to go get a bucket to catch the waterfall of tears it invokes.
I would say, LISTEN: We are the people. We, en masse, provide the skills, the massive infrastructure, pools of labor, laws, safety, etc., etc., that you need to be there, all special and self-made, up at the top of the pyramid. Without us, you would be banging rocks together. Never forget that! This is an interdependent system whether you like it or not and your mythical, single handed success is now akin to a religious fable of capitalism. It is tired and false.
The best and most potent image here is the pyramid and I think it holds true. If these wankers at the top keep playing their game and forget that we all hold the whole thing up, their gilded towers will have nothing to stand on if they drain us all completely dry, which I do think they would do since their wealth is not mere affluence it is an addiction like gambling and there will NEVER be enough and they are powerful enough that nobody can stop them, intervene or get them in recovery and this is our society that's at stake here.
Consider just how much wealth will lose value when the whole thing comes tumbling down because you suffocated us and left us homeless and starving, to weak to hold your structure up.
SWBTATTReg
(22,077 posts)only one class grew percentage wise, compared to every single other class. The billionaire/millionaire class grew, while the middle class shrunk and below middle class grew massively. And a lot of the middle class is barely hanging on. And get this, at the expense of wages too, which have been stuck at 40 year levels (the same). A true crime.
Save your f**king tears for something worthy, you pathetic hypocrite.
Mc Mike
(9,111 posts)He has to have priorities.
cojoel
(953 posts)I imagine he pays that every year without shedding tears. He might not like it, but...
DBoon
(22,340 posts)a tax on it does not bother the billionaire class the same way a tax on stock portfolios does.
McKim
(2,412 posts)The love of money is truly the root of all Evil! This man is spiritually dead! King Midas is having a sad!
paleotn
(17,884 posts)Well, Mr. Cooperman, it depends on how much skin you have in the game. You know, the measure of how much one benefits from the American civilization we've created over the last 200+ years. It's a simple measure. Just ask yourself how much you have to lose in a 1917 style Russian revolution. If your life would change as much as Randall and Mortimer Duke's in Trading Places, you're probably not paying enough. Seems he benefits astronomically more than 99% of living Americans. Thus, he pays astronomically more, both in real and % terms, than anyone in the 99%. It's fair and it's equitable and if you don't like it, kleptocracy ironically beckons on the Russian steppe.
Progressive2020
(713 posts)What these billionaires do not seem to understand is that most of their wealth comes from the labor of the working class. The money they have earned is not entirely theirs to begin with. It took millions of people buying Microsoft software to make Bill Gates rich.
Those consumers spent their hard-earned money, from their work, from their labor, from their blood, sweat, and tears to buy that software. Gates would not have his wealth without their work and their purchasing power.
So, these billionaires should be a little more aware that the origins of their wealth is from the people, the workers, and the consumers. When someone has so much concentrated capital, they owe a certain amount of it back to the country and the people who helped them get rich in the first place. It is not entirely "their" money to start with. I would say to them simply- Pay your fair share of taxes.