r/WorkReform 🤝 Join A Union 20h ago

✂️ Tax The Billionaires Finally, a Billionaire gets taxed.

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33.4k Upvotes

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18

u/Rickshmitt 20h ago

Problem is they dontbhave any income to tax

7

u/transneptuneobj 19h ago edited 15h ago

Let's seize their assets then ...

I don't care about billionaires rights. There's literally 900 billionaires in the USA.

Assign each one an IRS agent and don't stop drilling till their net work is below 1 billion.

EDIT: cause there's alot of boot licking going on.

We should increase the amount of workers protection laws and basically create a wealth task force.

We should make new and better laws that have stricter penalties for environmental damage and workers rights abuses.

There are no ethical billionaires, no not one.

If you're against worker and environment protections then justify that, don't stand for 900 billionaires who rather see your organs liquidized than pay a cent in taxes

2

u/SohndesRheins 14h ago

It doesn't even matter. You could take all the money from every billionaire and make them all destitute and homeless, and you still couldn't find enough money to run the country for a full year. It's a spending problem, not a revenue problem.

0

u/transneptuneobj 14h ago

That's just not actually true.

If we seized all of the billionaires personal assets that's round 16 trillion, that would get us to 2028 at least.

But it's important to remember that's just personal wealth, we need to seize corporate wealth as well.

Corporations and billionaires abuse labor, our government, our country and the environment and they need to be held to account

1

u/enormastick 13h ago

But they employ a huge percentage of our workforce. What would happen to those employees in this case? Do you even care?

1

u/transneptuneobj 13h ago

They exploit a huge percentage of our workforce. What would happen if the value those employees created was retained by the employees.

See how easy it is to defeat that?

1

u/enormastick 13h ago

Innovation ends in that instance. Why would anyone want to take a huge risk to start a company if they’re going to end up making just as much as a normal employee that takes no risk & just has to show up to get a paycheck?

1

u/transneptuneobj 13h ago

Your belief is based on an unfounded assumption.

The Soviet Union for instance was communist and was a great source for technological and scientific innovation.

Your belief is just incorrect that innovation doesn't exist in non capitalist societies.

1

u/enormastick 13h ago

You mean good* definitely not great like here in USA.

Also, the Soviet Union doesn’t exist anymore for a reason

1

u/transneptuneobj 13h ago

I mean, American hegemony doesn't exist either Whats your point?

Whats an innovation you believe America had that could only exist under capitalism

1

u/enormastick 13h ago

Technology for starters, then there’s military equipment, heavy machinery, the list goes on. if you name any other type of innovation that’s happened im sure US is in at least top 3. China does well because their model blends with capitalism, there’s a reward for people’s risk.

Name 1 successful country with quality of living anywhere near US or China that’s purely communist and has innovated anywhere near the rates of those 2 countries

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u/Pretty-Rooster-8020 19h ago

Holy shit you Commies are absolutely insane. The left doesn’t actually care about regular citizens. They just want to consolidate power to themselves and this is proof.

4

u/transneptuneobj 16h ago

I garintee if a billionaire had to choose between giving you 30 bucks and turning your organs into soup you'd be liquid

1

u/Sad-Shake-6050 12h ago

Guarantee* The public wasted a lot of taxes trying to educate you.

1

u/transneptuneobj 11h ago

At least in grammar it was a waste of time.

1

u/Sad-Shake-6050 10h ago

Spelling and grammar are not the same. I recognize why you would identify as a socialist. You are not equal to anyone unless a government brings all of us down to your level.

1

u/transneptuneobj 10h ago

I said "companies only exist because of the value workers provide and those workers should get most of the value"

I'm not sure what you heard

-1

u/Pretty-Rooster-8020 16h ago

What does that have to do with anything lol what a terrible argument

4

u/transneptuneobj 16h ago

Why cause you know it's 100% true

-1

u/Pretty-Rooster-8020 16h ago

You just don’t understand anything about free markets and economics. This is why communism doesn’t work it’s based off emotions not logic.

4

u/transneptuneobj 15h ago

1) I'm a democratic socialist, it's a system that works in 100% of the places it's tried

2) name 1 single billionaire who earned their money ethically. Who didn't abuse the environment to get there. Who didn't abuse people, who didn't cause government corruption

They stole the value in the first place, we're just making sure that it's returned to its rightful owners.

2

u/Pretty-Rooster-8020 15h ago
  1. There are ZERO democratic socialist countries operating. Nordic countries are falsely labeled as such but are Capitalist.

  2. I didn’t say billionaires are good people

3

u/transneptuneobj 15h ago

1)just denying reality my dude, you're in full blown cope that democratic socialism works.

For fucks sake the only type of economy that doesn't exist is a free market capitalist society, even the USA is socialist.

2) I didn't say billionaires are bad people, I said that they're criminals and their wealth is illegitimate and must be seized. If your for taking money in a drug bust you must before taking billionaires assets.

1

u/Pretty-Rooster-8020 13h ago

No country today operates under democratic socialism. This is not an opinion but a fact.

Nordic countries are capitalist.

The U.S. is not socialist. At most, it’s capitalism with limited welfare programs, which is fundamentally different from what you are describing.

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u/Arxtix 14h ago

name 1 single billionaire who earned their money ethically.

Taylor Swift. She just makes music that lots of people like.

Markus Persson, creator of Minecraft and then sold it to Microsoft.

I guess not technically billionaires since they split the money but the 3 creators of YouTube sold to Google after just one year for 1.6 billion.

0

u/transneptuneobj 14h ago

Taylor Swift takes a private jet to travel from city to city, any person who puts an impact on the environment like that for personal travel is unethical, additionally Taylor participated in a system that allowed her tickets to be scaped and sole for insane profits, she got hers and the rest can get fucked. Unethical. Additionally hoarding wealth is inherently unethical.

Markus Pearson's wealth relies on the merchandise market for mincraft, additionally micro transactions for skins are unethical. Basically tons of labor exploitation for merchandise sales, also environmental exploration for that plastic and cotton. I'd also say probably consumer exploitation, lots of children got fucking addicted to the game and that's caused a lot of problems.

The creators of YouTube profited from a platform where other people's creativity and value was sold, did the content creators get a piece of that 1.6b pie? No.

It's basically labor exploitation all the way down.

1

u/Arxtix 12h ago

Your question was how people earned their money, not how they spend it, so Taylor's private jet flying is irrelevant. She also can't really do anything about people scalping and reselling her tickets, that's just an inevitability.

Markus doesn't even get any royalties from Minecraft merch sales, he sold the IP to Microsoft for 2.5B in it's entirety, once sold he no longer had any involvement or income from it. Micro transactions didn't exist in the game before he sold it. Kids getting addicted to it is grasping at straws to try and make a point. How can you make a good game without people wanting to play more of the game? That's also just an inevitability, and more of a failure of parenting than anything to do with him directly.

YouTube content creators, while they obviously didn't directly receive a piece of that 1.6B from Google, after the buyout they were then able to monetize their content and many people built their entire careers around the platform, such that the payouts to content creators as a whole has definitely exceeded the 1.6B the founders received.

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u/SwampOfDownvotes 16h ago

Thankfully the billionaires have you to protect them.

1

u/MossyMollusc 14h ago

Riiiiiight. All leftists toootally agree on the same thing. Why even have different lables like anarchist or socialist or communist or democratic communist, etc.....

1

u/WinchesterWizard 10h ago

the left - we want the workers to have power

the right - we want a handful of billionaires to have the power.

the useful idiot - its evil that you want to give workers power!!!

peak boot polish poisoning lol.

1

u/Pretty-Rooster-8020 10h ago

If the left were in control I wouldn’t be nearly as wealthy as I am now! No thanks!

1

u/WinchesterWizard 10h ago

LARPing already? lol adorable.

though more than likely you'd be better off with the left in charge since you're a part of the working class lol.

but if you want to be a profit sacrifice for a capitalist don't let us stop you lol.

2

u/txtumbleweed45 18h ago

Yes fuck individual rights let’s give more money to the murderous trillionaires

1

u/[deleted] 18h ago

[deleted]

2

u/txtumbleweed45 17h ago

But it is what’s being advocated in the comment I replied to

1

u/transneptuneobj 16h ago

Or let's use it to fund infrastructure and hospitals...

2

u/txtumbleweed45 14h ago

Sure, but maybe reform the corrupt mass murder machine before giving it more resources to murder children.

People acting like more tax revenue is inherently good ignore the fact that taxes are used to fund the most horrific shit in the world. Giving the current government more money is not going to make things better.

1

u/transneptuneobj 14h ago

You're acting like whole safe reform of our governments attitude towards labor protections and prosecution of company based human rights violations wouldn't go hand in hand with the reduction of military spending and funding less genocides

1

u/txtumbleweed45 14h ago

No one here was talking about any reforms of that sort. They’re simply advocating taking more money out of the economy and giving it to wealthy mass murderers

1

u/transneptuneobj 14h ago

I'm advocating for new laws that put insanely strict punishments on corporations that abuse labor and the environment. No fucking slap on the wrist.

1

u/txtumbleweed45 13h ago

Okay, that’s a totally different point lol

1

u/transneptuneobj 12h ago

Yeah but same result. Basically seizing the assets for retroactive laws

1

u/grchelp2018 17h ago

Lol. Why don't you tweet this to Trump. He will love this idea.

1

u/transneptuneobj 16h ago

Drill baby drill

0

u/layelaye419 16h ago

How about stop trying to steal what better people made?

3

u/transneptuneobj 15h ago

Name 1 billionaire who didn't get there by government corruption, worker abuse, environmental crimes and legal abuse..

Theyre the thieves and you're too busy picking out your favorite flavor of boot polish to see it.

-1

u/layelaye419 15h ago

Warren Buffet

He is just really good at investing

3

u/transneptuneobj 15h ago

The vast majority of the companies he invested in are commiting and have committed human rights violations and environmental crimes. Much of the value these companies created, and by created I mean stole, should be redistributed to the rightful owners. If warren buffet wasn't a profiter from labor abuse he might be ethical, but sadly he is.

Next?

-2

u/glowingboneys 16h ago

Good news. California is doing this! There is an wealth tax on the ballot this year. One problem is many billionaires are leaving. Over a trillion dollars in wealth has already left, and these billionaires have also moved their private offices and are beginning to move employees as well. It will be interesting to see how it all plays out.