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6 comments
Feel free to reply to any comment by clicking the "Reply" button.Some rich people have a conscience.
Capitalism is about using other peopel's ideas and labor to enrich oneself. The rich do very littel of the actual work that makes them wealthy or that keeps them wealthy.
Usually when a member of a rich family has a conscience, the family sticks them with a trust fund or annuity and excludes them from the family business dealings.
snytiger6
Level 9
June 30, 2019
1
Used to be, back in the 19th and early 20th century that the wealthy gave large contributions to fund healthcare etc - then government took over that responsibility, 'organised' everything, and started increasing taxes to fund it. Am unsure which system is best.
I remember Dennis Healey as chancellor (man in charge of UK money) back in the 60s saying the government would 'squeeze the rich )property speculators) until the pips squeaked' ... they increased tax rates accordingly to an effective rate of 98% on unearned income. The response of the wealthy - 'fuck this' and they then fucked off to tax havens - leaving the government with less income from tax than under the lower rate,
You can only extract money to the level people believe is fair and equitable
ShadowAmicus
Level 8
June 30, 2019
2
She has been telling the truth about gangsters Paul Ryan Turtle McConnell and TrumpOLINI since early 2017...like Atheist Walt Disney building people up with truth rather than greedy lies for the evil rich
GreenAtheist
Level 8
June 29, 2019
0
She is not the only one, there are others. Warren Buffett thinks the rich should be taxed more for instance.
Jolanta
Level 9
June 29, 2019
2
BD66:
Warren Buffet is the biggest hypocrite on the face of the earth. He has structured his finances so the government will get almost none of his $87,500,000,000 net worth.
BD66:
@Jolanta I agree Buffet has said this, but Buffet has structured his own finances so Uncle Sam gets almost nothing from him. In a typical year, Buffet's net worth will go up by about 8 or 9 billion dollars, and Uncle same gets less than 1/1000th of that (6.8M in 2015 for instance), and when Buffet passes away, the overwhelming majority of his net worth is going to the Bill and Melinda Gates foundation, so Buffet will pay no inheritance taxes. He believes "The Rich" should pay more in taxes, just not him. That's why he's the world's biggest hypocrite.
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