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coffeecloud | 1 year ago

We all earned the money. Nobody makes 100M in a vacuum. That sort of profit only comes from taking full advantage of a country's infrastructure, its educated population, its safety from invasion. We all provide the society that allows someone to amass that much wealth, and we all deserve a piece of the pay out.

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marcusverus|1 year ago

> That sort of profit only comes from taking full advantage of a country's infrastructure, its educated population, its safety from invasion. We all provide the society that allows someone to amass that much wealth, and we all deserve a piece of the pay out.

This is such a goofy argument. The US 2% of its budget on infrastructure. It spends 4% on education (yet literacy rates are only marginally higher than they were before compulsory education). Military spending is 20% of federal spending, and could be 1/4 of that without any risk whatsoever of invasion.

You don't need more tax revenues to pay for the stuff that makes business possible.

You need it to maintain your patronage system.

coffeecloud|1 year ago

There is a broader definition of "infrastructure." For example, Medicare is infrastructure that is directly related to the success of any company in the United States.

Has Tesla ever received a check from Medicare? Probably not. But the fact that Medicare exists means that Tesla's factory workers don't need to be paid at levels that reflect they need to 100% self-fund their retirement.

Has Salesforce ever asked for regulation or assistance from the FDA? Probably not. But because the FDA exists, Saleforce's employees don't have to spend time verifying their medication is authentic and does what it claims to do, so they can spend more focus on their work for Salesforce.

Even beyond government: how much do you think a Ford or Chevy have benefited from the US's culture? They certainly don't sell many large consumer trucks Europe or Asia. That profit exists because of the ideals and beliefs Americans have about how they should live their lives and what type of car they need to do that. Yes someone made the truck, and the truck maker should reap most of the benefits, but some of that profit should feed back into society that supported it.

Sure, we probably spend too much on the military and there exists some cronyism that we should strive to stamp out, but make no mistake that anyone with 100M in investable wealth has earned it with substantial help from the society we have all built together.

iris700|1 year ago

How many of the people on welfare contributed to those things? It just sounds like you're in favor of distributing the wealth to people based on their contribution to the country as a whole.

coffeecloud|1 year ago

Who got more out of the system: someone getting weekly $400 check or someone who has managed to acquire 100M in assets?

People on welfare aren’t getting nearly as much out of the system as people who have amassed massive wealth, so they should put in substantially less.

muaytimbo|1 year ago

Probably none, 50% of the population pays NO federal income tax.

OCASMv2|1 year ago

All those people get paid for their products and services. They're not entitled to steal from others no matter how rich those others are.

coffeecloud|1 year ago

It’s simply pay for use. The more someone uses the system, the more they pay back into it. Anyone with more than 100M in assets has used the system a shit ton and owes a lot back into it.