Millionaires with a few million dollars aren’t the problem
The biggest problems are the handful of billionaires and the billionaires that are not Canadian but have a strangle hold on companies or corporations that affect Canada.
If the government could just tax the ever loving shit out of billionaires, they’d remove the single root cause of a lot of problems in the country and actually allow some sort of competition in all industries. This would allow the economy to spread the wealth to more Canadians than to a bunch of non-aligned billionaires who could care less what country they are attached to because their wealth is so great, they are basically their own country at this point.
Millionaires aren’t the problem … Billionaires are
I know plenty of millionaires … people who own property, vehicles and wealth that all amount to one or two million … and they are still just getting by. They aren’t that terribly wealthy - they don’t live with any more luxury than most people, they just have more things.
Billionaires on the other hand are something else … it’s like comparing someone with a weight problem and calling millionaires slightly pudgy and billionaires are grossly overweight behemoths that can affect the structure of your house.
Here’s a visual comparison using grains of rice of what a millionaire and billionaire and the wealth of someone like Jeff Bezos is
Sure, but we don’t “need” anything above our basic survival cost, let’s go live on the Savannah and hunt our food again.
For me the problem are those who hoard wealth, who don’t earn a salary but sit and live off their massive pile of accumulated wealth. We need a wealth tax now.
Millionaires with a few million dollars aren’t the problem
The biggest problems are the handful of billionaires and the billionaires that are not Canadian but have a strangle hold on companies or corporations that affect Canada.
If the government could just tax the ever loving shit out of billionaires, they’d remove the single root cause of a lot of problems in the country and actually allow some sort of competition in all industries. This would allow the economy to spread the wealth to more Canadians than to a bunch of non-aligned billionaires who could care less what country they are attached to because their wealth is so great, they are basically their own country at this point.
Millionaires aren’t the problem … Billionaires are
That’s an excellent point.
We need to shift the conversation from government taxing its citizens to shielding them from international economic forces.
Nobody should have a net worth over, say, 10 million.
20 is okay ish, I suppose, but beyond that it’s just not fair or normal
You have 100 million dollars?
You didn’t get it through hard work, or the McDonald’s burger flipper who also cleans houses on the side would have been a billionaire by now
You didn’t get it by being intelligent or smart or scientists would all be rich
You did it through playing the system as it currently exists, and you were lucky
Nobody should have the right to have that much money. Not even half of that.
Anyone with either millions or billions is the problem because no single person needs either.
I know plenty of millionaires … people who own property, vehicles and wealth that all amount to one or two million … and they are still just getting by. They aren’t that terribly wealthy - they don’t live with any more luxury than most people, they just have more things.
Billionaires on the other hand are something else … it’s like comparing someone with a weight problem and calling millionaires slightly pudgy and billionaires are grossly overweight behemoths that can affect the structure of your house.
Here’s a visual comparison using grains of rice of what a millionaire and billionaire and the wealth of someone like Jeff Bezos is
Using Rice to Show How Rich Jeff Bezos Is | NowThis
I understand the extreme difference between millions and billions. My point is neither a millionaire nor a billionaire needs it.
Sure, but we don’t “need” anything above our basic survival cost, let’s go live on the Savannah and hunt our food again.
For me the problem are those who hoard wealth, who don’t earn a salary but sit and live off their massive pile of accumulated wealth. We need a wealth tax now.
Straw man detected.
You need to be a millionaire these days if you want to actually retire. If it only took a million, would have retired a while ago.