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In these comments: People who think someone can accumulate obscene personal wealth and then give a small percentage away makes them good. But if someone dares suggest taxing that obscene wealth they are a monster.
Not to defend billionaires, but this post sets an incredibly low bar. I imagine that all people, billionaires included, have done something good in their lives.
Very true.
I was just trying to draw attention to some of the comments that are defending them. You'd think from some in here that a little smidge of philanthropy in retirement makes it all okay that one person can hoarde enough personal wealth to feed millions.
Are we really seeing people say we shouldn't tax billionaires? I wouldn't say that. But this post is basically rage baiting. Like. Yeah. There definitely have been Billionaires who have given all their money away. Or at least the majority of it. They exist. I get why people think Billionaires shouldn't exist. I'm all for taxing them. I'm all for changing regulations to disallow such a large accumulation of wealth and then hoard it so it can't circulate and do what it's meant to do. But are we really suggesting that the majority of people don't think we should tax Billionaires?
Yes. Well, some saying we shouldn't tax billionaires more and others saying that the money is better off with one private individual setting up companies and charities, rather than leaving that to governmental entities.
To me, someone paying only ~25% tax when earning millions per year is obscene.
Reread the title. The question has nothing to do with billionaires being good people.
Reread my comment. I'm commenting on the content of the comments.