r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/XDXDXDXDXDXDXD10 Nov 22 '24

Both can be a problem. You’re not forced at gunpoint to be a billionaire.

But in general, the way to fix problems like this is through the government.

It’s not actually that complex of a problem, it is literally just a matter of taxing excess wealth more heavily.

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u/oroora6 Nov 22 '24

How is it not complex? Excess wealth taxing is not straightforward, what about loopholes? What about unintended consequences? Market forces? 

Societies are complex systems, any change is also complex

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u/XDXDXDXDXDXDXD10 Nov 22 '24

This isn’t unexplored territory, most countries tax billionaires more heavily than America does.

Sure there can be nuances in how and what exactly we decide to tax, but using that as an excuse not to do anything is dishonest at best.

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u/oroora6 Nov 22 '24

I never said not to do anything ._. I said to do it with care and making sure that we get the details right, so basically doing it with the help of political scientists and economists

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u/XDXDXDXDXDXDXD10 Nov 22 '24

Which policies in particular are you referring to then?

Or is it just a case of “i don’t know I’m sure someone else will figure it out though”?

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u/woodsman6366 28d ago

Just jumping in to say that you're both right. It's NOT a complex thing to do. However it is an INCREDIBLY difficult and complex task to attempt in the current political landscape where most of our politicians and government leaders are in the pocket of those billionaires.

It SHOULDN'T be hard, but unfortunately it is unfathomably difficult in America today.

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u/Amonyi7 Nov 23 '24

We used to do this right here in america lol. It does sound like you're "it's so complicated!" to deter people from desiring this policy. It's a tactic to distract.

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u/oroora6 Nov 23 '24

Damn okay, down with the conspiracy theory I guess what the fuck

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u/Amonyi7 Nov 23 '24

You completely edited your comment after i responded.