Billionaires amass more wealth through inheritance than wealth creation says UBS

Comments

• edgemaster72@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Whaaaaaat, nooo, they totally earned that money you guys, c’mon 🙄

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  • kinsnik@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    but that is ok because i read ayn rand and if they didn’t actually deserved it they would have squandered it all and she is a really smart and totally honest woman who wouldnt go on social security and if she did her situation is different you dont get it

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    • reabsorbthelight@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      Don’t forget how billionaires are noble and don’t give their wealth to their children unless their children could earn it themselves

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    • Jake_Farm@sopuli.xyz ⁨2⁩ ⁨weeks⁩ ago

      Don’t you guys get it! My vibes based “source? I made it the fuck up” knowledge is way more trust worthy than statistics.

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  • AllNewTypeFace@leminal.space ⁨2⁩ ⁨weeks⁩ ago

    “Hereditary meritocracy”

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• SalamenceFury@piefed.social ⁨2⁩ ⁨weeks⁩ ago

  At this point we might actually need a second Huey Long.

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• thenextguy@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Wealth creation doesn’t say UBS.

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• D_C@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

  I’m ok with (realistic) inherited wealth IF the people who initially amassed that wealth were taxed fairly. But there should be a realistic limit to what can be inherited.

  Billionaires shouldn’t exist. Hell, anything over 10 million pounds is too much these days.

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• AntiBullyRanger@ani.social ⁨2⁩ ⁨weeks⁩ ago

  And I STILL read electoralist posts in 🧵🌐!

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• Akasazh@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Piketty already addressed that. It’s the dining force behind the growing inequality.

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