If we switched to eating billionaires instead of eating beef for one day that would solve world hunger indefinitely, food for thought
A Tax of 5% on The World’s Multi-Millionaires and Billionaires Could Raise $1.7 trillion, Enough to Lift 2 Billion People out of Poverty
Submitted 10 months ago by theHRguy@lemmy.world to workreform@lemmy.world
Comments
zcd@lemmy.ca 10 months ago
disguy_ovahea@lemmy.world 10 months ago
You do realize that their money doesn’t go back into the economy when they die, right? They have living wills. It’s not like you can kill a billionaire and all their money spews out like Sonic the Hedgehog’s rings.
Jerkface@lemmy.world 10 months ago
You just keep eating the heirs until it all ‘trickles down’, you see.
Lennnny@lemmy.world 10 months ago
Sounds to me like it’s a well stocked food supply then.
taiyang@lemmy.world 10 months ago
I’m sure the contingency is eating the inheritors until no one is left. It’s billionaires all the way down!
RageAgainstTheRich@lemmy.world 10 months ago
Don’t worry. We’ll make it a “Family Dinner” 🤫🔪
some_designer_dude@lemmy.world 10 months ago
You don’t eat them to liberate their money. You eat them to show others of their kind what happens to those who hoard wealth away from the needy.
zcd@lemmy.ca 10 months ago
Billionaire day repeats anytime someone crosses over the threshold
Illuminostro@lemmy.world 10 months ago
[deleted]Track_Shovel@slrpnk.net 10 months ago
Dark.
Just the way I like my baby meat.
SadSadSatellite@lemmy.dbzer0.com 10 months ago
Cool. How about 80 to 90%?
Beaver@lemmy.ca 10 months ago
The 90% tax rate is the gold standard and we go even further.
disguy_ovahea@lemmy.world 10 months ago
We’ll be closer to that next year in the US if Biden wins in the fall.
Nougat@fedia.io 10 months ago
B-b-but Biden hasn't done anything!
disguy_ovahea@lemmy.world 10 months ago
You’re right in this case. He has to wait for Trump’s tax plan to end before his can go into effect. Trump’s tax breaks for the working class ended in 2022, but the breaks for the wealthy don’t expire until 2025. Tax proposals have to meet budget requirements, and someone had to pay for those breaks for the wealthy and corporations.
Illuminostro@lemmy.world 10 months ago
[deleted]Num10ck@lemmy.world 10 months ago
interesting that you think anywhere is safe if the US actually collapses.
cultsuperstar@lemmy.world 10 months ago
The government would just put that money into defense spending.
okamiueru@lemmy.world 10 months ago
What a weird defeatist thought. We’re already in lala-land with 5% tax added, albeit measly, on the ruling class. So, why not lala all the way to a positive use of it?
cultsuperstar@lemmy.world 10 months ago
Maybe, but the people of the country are not the priority. If we were the priority, Republicans wouldn’t constantly try to defund social programs like social security and welfare. The people would have more to help them, corporations would be taxed more and the people (namely the middle and lower classes) would be taxed less. The country doesn’t serve us, like it should. The country serves the corporations and military.
lath@lemmy.world 10 months ago
If there’s one thing I’ve learned observing bureaucracy in action is that trickle down corruption is very much a thing and whatever theoretical sum is achieved, the end sum reaching where it needs to go is quite often less than half of the initial funds.
When it comes to money, it’s dirty all the way down, not just the top.
_sideffect@lemmy.world 10 months ago
None of that will go to people in poverty, that’s the problem
Allonzee@lemmy.world 10 months ago
I hear you, and it’s tragic that the fight doesn’t end with taxation.
That said, capital at the level of the owners is an expression of power, power to keep the world rigged, buy governments/regulators, protect monopolies, etc.
If that money was somehow (im not holding by breath) taxed/confiscated from the world’s immoral owner class, transferred into paper currency and incinerated, it would still be a good day because the power dynamic between them the 10s of thousands and us the billions will still be measurably improved.
Etterra@lemmy.world 10 months ago
Good luck with it. You may need to use shotguns. The rich bastards in power will never agree to party with any money that they aren’t literally forced to.
StaySquared@lemmy.world 10 months ago
Here’s an amazing idea… how about we unite against the government and demand it stop spending out cot damn fkin money and especially stealing our money and exporting it to chit hole nations?
How about we do THAT first.
Darkblue@lemmy.world 10 months ago
“How about we do THAT first.”
Why not do both? Why make it an OR decission
Tax the rich and push for government reform.
Mirshe@lemmy.world 10 months ago
So give me exactly what your criteria are on “shithole nations”.
StaySquared@lemmy.world 10 months ago
All of them. Especially those who claim they don’t need America, yet beg for our money whenever they need it.
It doesn’t matter the amount we give to other nations. We, the citizens of this country, need it. That’s not even including the spending our government does for stupid researches… like animals on cocaine and how they behave. WTF?
StaySquared@lemmy.world 10 months ago
Amazing… so Lemmy users love government and love the way it spends us into further debt.
Got it.
frezik@midwest.social 10 months ago
Yes, that’s true. There’s the door if you don’t like it.
ICastFist@programming.dev 10 months ago
And then some tax haven country will offer a tiny tax of 0.01% on a super specific kind of “investment”, just to ensure its local lawyers and accountants stay employed by offering “investment consultancy” services to the rich.
fmstrat@lemmy.nowsci.com 10 months ago
The first article linked in this article is the original, and better.
Tronn4@lemmy.world 10 months ago
Tax on the wealthy sounds good but the money would never trickle down to the people who need it. It’ll find it’s way to the coffers of people in power and even back to the same pockets from which it came from. We’d have to establish a completely open system showing what goes in and where it goes to and proper accountability. No contractor waste. This system is unheard of and thus wouldn’t happen
Badeendje@lemmy.world 10 months ago
You mean government?
shalafi@lemmy.world 10 months ago
Had a friend in the day named Mike. Mike was horrified when he found out the government burned worn out bills.
“We should be giving that money to poor people!” By which Mike meant “ME!”
“So Mike, do you realize the government could easily print $1,000,000 for every citizen and just give it to us?”
“Fuck yeah man! Why don’t they do that?”
“I mow lawns for a living, $20 a pop (this was 90’s money and I was cheap). If I had a million and you had a million, everybody had a million, fuck I want with $20?! Now it’s $20,000 to even consider mowing your yard.”
Mike did not see the problem with this because my original price, $20, would still buy me a McDonalds meal. Mike was dumber than a rock.
Tax the snot out them and spread it to the public good, but it’s childish thinking 2 billion people would suddenly not be poor.
Dasus@lemmy.world 10 months ago
Define “suddenly”.
Even if takes 10 years, that’s pretty fucking fast on a historical timescale, being just around an eight of a humans lifespan.
Even if it takes 50 it’d still be pretty fucking fast in historical terms.
And even if it helps just one person right now, it’d be worth it, because the billionaire’s don’t have the right to hog all the resources.
iAvicenna@lemmy.world 10 months ago
eh they will just open more charities and funnel their wealth there and still use their money to push agendas
Track_Shovel@slrpnk.net 10 months ago
Allonzee@lemmy.world 10 months ago
But they worked so haaaaaard exploiting the labor of thousands of other humans to enrich themselves specifically!
It would be so unfair to punish the success the global owner class had all by themselves that had nothing to do with access to their society’s commons like functioning utilities and roads, legal mechanisms for business disputes, and publically educated, pre-literate labor pools to draw and directly profit from but should never have to fund commensurate with the immoral levels of wealth it most certainly didn’t facilitate them acquiring!
Wouldn’t a just, compassionate society do the fair thing and just let the worst off die in the streets?
demesisx@infosec.pub 10 months ago
👏🏽
Allonzee@lemmy.world 10 months ago
ithankyou