@ZssBecker@pitdesi Places like Dubai and other near zero tax countries only exist because they are a parasite to the western economy. Or rather the people living there are parasites, because ain't nobody making money from the Dubai economy
@EllardKing The rich own the government though… they’re just lobbying until they get what they want. Redistribution will definitely solve the issue. Look at the 50’s, great times
@WTPAreTheNews@IgotJokesBitch@LeadingReport Removing capital gains tax increases wealth inequality even more. Wealthy people get to keep even more money to buy more assets and price the poor/middle class out of the market even more.
@sphigel1@MSanchezWorld@ZssBecker@swarmister So all the employees deserve to be poor, although they create most the value? His employees created the world's first compelling EV, he just came up with the initial money. Why do the employees only get a tiny check and not the wealth?
@sphigel1@MSanchezWorld@ZssBecker@swarmister ofcourse he should be earning the most in the company, but sitting on 400b while all employees get a tiny paycheck and no equity isn't fair imo
@thestarkiller1@sphigel1@MSanchezWorld@ZssBecker@swarmister I'm not talking about charity, but a paradigm shift. Why doesn't someone who has worked at a company for 10 years deserve equity in it? just because one person started it, he deserves all the wealth? not 1000s of other people working really hard on it for a long time?
@thestarkiller1@sphigel1@MSanchezWorld@ZssBecker@swarmister not just talking about Musk but every corporation owner, if every rich fuck would share more equity with employees, the economy would boom so ffing hard because of spending power, but instead 70% of USA is poor as fuck
@sphigel1@MSanchezWorld@ZssBecker@swarmister Imagine if not one person owned 400 billion but 400.000 people have one million. how much more products and services could be sold to 400k people with a mil instead of one with 400b. would increase wealth of everyone not just a few people.
@thestarkiller1@sphigel1@MSanchezWorld@ZssBecker@swarmister People buying products and services create an income for other people. Rich people spending on assets doesn't. It stays in a small number of rich people's hands, less money gets spent which makes it harder to make money, rich get richer, poor get poorer, and inequality increases
@sphigel1@MSanchezWorld@ZssBecker@swarmister Rich people don't spend a lot of money, they buy up assets and which drives up prices, then poor middle class can't afford to buy assets so are forced to rent. Rich people buying up assets doesn't benefit the poor middle class in any way.
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