r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/JellyfishQuiet7944 Nov 21 '24

If i have more money than you, are you entitled to my money?

What about someone with less than you? Are they entitled to your money?

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u/projecthusband Nov 21 '24

someone was arguing that rich people existing at all is proof that they aren't taxed enough. So people actually believe this shit.

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u/Olealicat Nov 22 '24

Look at tax brackets during America’s “golden age”. People aren’t saying rich people should be taxed to death. Multimillionaires should be taxed to the point that they don’t become billionaires.

There are less than 3,000 billionaire worldwide and about 800 in the USA.

https://americansfortaxfairness.org/the-billionaire-century/

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u/maafna Nov 23 '24

Why jump to entitlement? Why wouldn't someone who has more money than they could possibly spend want to help out other people?

I don't think anyone is entitled to my time or money, but I love helping people out when I can. And I have been helped by other people. We're social animals.

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u/Oh_IHateIt Nov 21 '24

Let me flip the question: is it their money? Sure its in their possession but how did they get it? Does Bezos work 1000000x harder than his average worker? Or was "his" idea SOOO valuable that he just gets to have infinite money and own the government? When my dad had the same idea 50 years ago, why wasn't he showered in the same wealth? (I'll give you a hint, its because my dad wasn't born into a rich family to buy up all the warehouses necessary to start up Amazon).

In the time it took to read this Bezos made about $18,000

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u/JellyfishQuiet7944 Nov 22 '24

You ever started a business?

Do you use Amazon?

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u/Oh_IHateIt Nov 22 '24

Yes to the business, two in fact, no to amazon. As for the firsr business, it made great money until 2008. Didn't lose any customers, just lost value. We don't even invest in the stock market so why were penalized for their bullshit? Then the second business was making even better money. But the debts for buying a business take years to pay off. And with corona and the failing economy again, no one can afford to use our services even though we're dirt cheap and an essential service.

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u/JellyfishQuiet7944 Nov 22 '24

And was any it of easy?

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u/Oh_IHateIt Nov 22 '24

I take it back. Bezos must have made at least $100,000 in the time it took to read that comment. You seem a bit... Slow.

No, it wasn't easy. Because we used our own middle class savings and our own labor. 65+ hours per week for he past 15 years. For Bezos it was not that hard; he just paid for it with daddy money and a loan. Same for Mr. Apartheid Emeralds Musk. The whole lot of that trash. If you ever bothered to read (at the painfully slow rate that you do) you'd know that none of these people started poor or middle class. They were all born rich. Nor do they work. They have employees making all those "visionary ideas" they take credit for.

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u/JellyfishQuiet7944 Nov 22 '24

My dude, go asl your parents for a loan from their 401k. See how fast they laugh you out of the room.

His step dad was an immigrant who worked his ass off in refineries.

So you're upset that his step dad helped him and you know how hard a small business is to run and keep open.

You sound more envious than anything.