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POLITICSBiden Administration to release 2023 budget today including a new 20% billionaire tax(finbold.com)
submitted 3 years, 9 months ago by Yoshie5Bronze | QC: CC 20 to /r/CryptoCurrency (10m)
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[–][deleted]8 points3 years, 9 months ago
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[–]Yes_hes_that_guyTin | Futurology 271 point3 years, 9 months ago

Isn’t that what property taxes do?

permalinkparentcontextauthor-focusas-ofpreserve
[–]fivepercentsureTin-5 points3 years, 9 months ago

siphoning wealth off the hard work of the labor force isn't fair either. yet here we are, with some of the biggest wealth gains over a year, and rather than give raises and bonuses to those that made the wealth for the company, CEOs and shareholders are walking away with money they didn't work for.

permalinkparentcontexthide replies (2)author-focusas-ofpreserve
[–]CasinixTin3 points3 years, 9 months ago

Communism always just results in everybody being poor. If you have a better alternative to capitalism, I'm all ears.

permalinkparentcontexthide replies (1)author-focusas-ofpreserve
[–]fivepercentsureTin2 points3 years, 9 months ago

Did I mention Communism? no I simply said there is a wealth discrepancy between those that actively labor, to build the goods that provide the wealth for a company, and those that sit at the top and gain at the expense of others. would it be so bad to balance that a bit more evenly?

permalinkparentcontextauthor-focusas-ofpreserve
[–]wubalubadubdub-dubRedditor for 12 months.2 points3 years, 9 months ago

Average wages have gone up

permalinkparentcontexthide replies (1)author-focusas-ofpreserve
[–]fivepercentsureTin1 point3 years, 9 months ago

not enough, since 1979 workplace productivity has outpaced wage increase by 3.5x. get that, people are more productive then ever, wages have barely gone up in that time. all the whole, that extra productivity is just wealth thats being hoarded.

permalinkparentcontexthide replies (1)author-focusas-ofpreserve
[–]wubalubadubdub-dubRedditor for 12 months.1 point3 years, 9 months ago

That’s a stretch

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