Pedro I Rengel wrote:You said "you give wealthy people wealth." It's clear we don't mean you as in Sillhouette. But even the figurative you. Because I said "nobody gives them anything," and gave some basic reasoning why. And you agreed it was so.
You understand that billionaires don't get their money from printing it right? They get it from people "e.g. you" giving it to them in exchange for a product or service as I just said explained. Is this confusing so far?
This is getting their money from trading, as you even said so yourself. They take in more money as revenue than they pay out in expenses. The money comes in from people giving it to them in this way.
This is in contrast to people giving them money for nothing, like an inheritance, which they often get too, which you also acknowledged. And when they're not getting money in this way, the billionaire is getting it from paying people less than these people earn the billionaire - the definition of profit that earns them their billions.
I don't know what the fuck you want me to retract, these are all basic facts.
obsrvr524 wrote:So you have a national vote on whether a billionaire has properly reinvested in society?
A vote on whether the billionaire deserves billions of times more money than hard working employees working hand to mouth would be nice. Maybe then the workers who earn him his money can buy into his business and spread this awfully horrible "risk" that he's so brave to bare for the small price of billions in compensation.
obsrvr524 wrote:Corporation CEOs become purely political?
Not as radical as you might think - if you remember that politics isn't just for political elites in governments, but everyday people and workers too. Simply have business transparency so everyone can see the machinations of how they're ripped off and power-played into accepting low low "market" wages to make someone else rich. Let actual workers earn their way into owning the tools that they're using every day rather than hording all the ownership into the hands of one singular autocrat.
obsrvr524 wrote:From what I have seen - The current US tax strategy is to keep the power in the hands of politicians. They handle that power by making tax rates based on reinvestment control and manipulation. If they do not reinvest at all, their tax rate is huge. Each type of reinvestment earns a different tax rate for the reinvestment percentage.
I think we can all agree that current US tax strategy is balls.
More transparency and poltical power to workers, and maybe they'd straighten themselves out, no? Instead of one farce of a general election to worry about every few years, after which it's back to enacting their poor policies.
obsrvr524 wrote:So currently politicians are already controlling how a billionaire's money is being spent. But you are saying that the billionaire himself has to campaign in public to explain how his money is reinvested? You want politicians actually running the corporations.
If by politicians, you mean regular people, then yes.
obsrvr524 wrote:That is one way to ensure the US never produces anything worth having. But it is looking like the US is going to be bankrupt and isn't going to be of any good for anything ever again anyway. So why go to the trouble?
It wouldn't have to inevitably go bankrupt if it'd empower its majority. That's a sure way to ensure the US, and other nations, produce far better.