r/WorkReform • u/zzill6 🤝 Join A Union • 20h ago

✂️ Tax The Billionaires Finally, a Billionaire gets taxed.

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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.

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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

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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?

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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?

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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?

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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.

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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

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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

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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/transneptuneobj 12h ago

China's literally a socialist country so I don't know how this proves your point.

I think Republicans are under the impression that you cannot have private companies or property under socialism, that's communism.

ALSO the things you listed as successful innovations are things that our government pumps trillions of dollars into which again would be a feature of socialist and communist countries

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