08 Jun 2023, 7:26 pm
nick007
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Joined: 4 May 2010
Gender: Male
Posts: 27,742
Location: was Louisiana but now Vermont in capitalistic military dictatorship called USA
08 Jun 2023, 8:14 pm
08 Jun 2023, 8:39 pm
08 Jun 2023, 8:46 pm
uncommondenominator wrote:
Your math is off, but I agree with you in principle. The idea you've expressed is basically the whole point of increasing taxes on billionaires.
I'm basically dyslexic when it comes to math.
Why don't the rich get taxed? How's that fair?
08 Jun 2023, 8:51 pm
08 Jun 2023, 9:42 pm
nick007
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Joined: 4 May 2010
Gender: Male
Posts: 27,742
Location: was Louisiana but now Vermont in capitalistic military dictatorship called USA
08 Jun 2023, 10:01 pm
Joe90 wrote:
Why don't the rich get taxed? How's that fair?
The rich don't want fairnese. They'd rather use their wealth to influence politicians to write the tax code & laws in their favor. At least that's the way things are here in America the land of opportunity 
funeralxempire
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Joined: 27 Oct 2014
Age: 40
Gender: Non-binary
Posts: 30,241
Location: Right over your left shoulder
08 Jun 2023, 10:02 pm
Joe90 wrote:
uncommondenominator wrote:
Your math is off, but I agree with you in principle. The idea you've expressed is basically the whole point of increasing taxes on billionaires.
I'm basically dyslexic when it comes to math.
Why don't the rich get taxed? How's that fair?
They do, just not at a high enough rate. Further, tax codes typically give them too many ways to protect income from taxation.
08 Jun 2023, 10:28 pm
Joe90 wrote:
uncommondenominator wrote:
Your math is off, but I agree with you in principle. The idea you've expressed is basically the whole point of increasing taxes on billionaires.
I'm basically dyslexic when it comes to math.
Why don't the rich get taxed? How's that fair?
No worries, big numbers cause difficulties for many people. It's an easy thing to get caught by.
It really isn't fair, and that's why so many people want it to happen.
But super rich people have a multitude of means and ways to dupe the public, and manipulate the outcome of decisions made by the government, both directly and indirectly, internally and externally. Tax evasion is almost an American past-time.
09 Jun 2023, 4:22 am
Joe90 wrote:
I read somewhere that he has about £180 billion. If he gave everyone in the world £1 billion each hunger will be solved and so would the cost of living crisis. And he'll still have £172 billion left for his greedy self. (Yes I know dollars but I don't know what all these figures are in English money so I just put a £ sign in front of it to feel more British).
Or if that's too unrealistic then why don't he give everyone £1 million? It's not fair how one man could be so f*****g rich yet there are millions of people living in poverty all over the world.
This is where the world is wrong. Nobody needs that much money. It could be shared out.
Or if that's too unrealistic then why don't he give everyone £1 million? It's not fair how one man could be so f*****g rich yet there are millions of people living in poverty all over the world.
This is where the world is wrong. Nobody needs that much money. It could be shared out.
Your math is so far off that it destroys any point you're trying to make.
There are seven (or is it eight now?) BILLION people on earth. So if Elon Musk only had eight billion pounds he could only give each person on the planet ONE pound.
Even if has 180 billion pounds he wouldnt be able to "give each person on Earth a billion pounds". He could only give us each a little more than 20 pounds. Like fifty dollars US. Enough to fill your gas tank, plus a fast food meal maybe.
Granted that that IS a lot of cabbage for just one person to have. But he cant give billions of people a billion each.
09 Jun 2023, 5:09 am
09 Jun 2023, 5:26 am
naturalplastic wrote:
Joe90 wrote:
I read somewhere that he has about £180 billion. If he gave everyone in the world £1 billion each hunger will be solved and so would the cost of living crisis. And he'll still have £172 billion left for his greedy self. (Yes I know dollars but I don't know what all these figures are in English money so I just put a £ sign in front of it to feel more British).
Or if that's too unrealistic then why don't he give everyone £1 million? It's not fair how one man could be so f*****g rich yet there are millions of people living in poverty all over the world.
This is where the world is wrong. Nobody needs that much money. It could be shared out.
Or if that's too unrealistic then why don't he give everyone £1 million? It's not fair how one man could be so f*****g rich yet there are millions of people living in poverty all over the world.
This is where the world is wrong. Nobody needs that much money. It could be shared out.
Your math is so far off that it destroys any point you're trying to make.
There are seven (or is it eight now?) BILLION people on earth. So if Elon Musk only had eight billion pounds he could only give each person on the planet ONE pound.
Even if has 180 billion pounds he wouldnt be able to "give each person on Earth a billion pounds". He could only give us each a little more than 20 pounds. Like fifty dollars US. Enough to fill your gas tank, plus a fast food meal maybe.
Granted that that IS a lot of cabbage for just one person to have. But he cant give billions of people a billion each.
I did not work it out myself. Got it from this.
Sorry can't get the image to show up on this complicated site.
The image said: Elon Musk has 180B, there are 8B on Earth. If he gave us each 1B he'd still have 172B left.
funeralxempire
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Joined: 27 Oct 2014
Age: 40
Gender: Non-binary
Posts: 30,241
Location: Right over your left shoulder
09 Jun 2023, 12:38 pm
Joe90 wrote:
naturalplastic wrote:
Joe90 wrote:
I read somewhere that he has about £180 billion. If he gave everyone in the world £1 billion each hunger will be solved and so would the cost of living crisis. And he'll still have £172 billion left for his greedy self. (Yes I know dollars but I don't know what all these figures are in English money so I just put a £ sign in front of it to feel more British).
Or if that's too unrealistic then why don't he give everyone £1 million? It's not fair how one man could be so f*****g rich yet there are millions of people living in poverty all over the world.
This is where the world is wrong. Nobody needs that much money. It could be shared out.
Or if that's too unrealistic then why don't he give everyone £1 million? It's not fair how one man could be so f*****g rich yet there are millions of people living in poverty all over the world.
This is where the world is wrong. Nobody needs that much money. It could be shared out.
Your math is so far off that it destroys any point you're trying to make.
There are seven (or is it eight now?) BILLION people on earth. So if Elon Musk only had eight billion pounds he could only give each person on the planet ONE pound.
Even if has 180 billion pounds he wouldnt be able to "give each person on Earth a billion pounds". He could only give us each a little more than 20 pounds. Like fifty dollars US. Enough to fill your gas tank, plus a fast food meal maybe.
Granted that that IS a lot of cabbage for just one person to have. But he cant give billions of people a billion each.
I did not work it out myself. Got it from this.
Sorry can't get the image to show up on this complicated site.
The image said: Elon Musk has [i]180B, there are 8B on Earth. If he gave us each 1B he'd still have 172B left.[/i]
That's if he gave us each $1.
8 billion x $1 = $8 billion
8 billion x $1 billion = exponentially more
09 Jun 2023, 12:40 pm
09 Jun 2023, 1:19 pm
funeralxempire wrote:
Joe90 wrote:
naturalplastic wrote:
Joe90 wrote:
I read somewhere that he has about £180 billion. If he gave everyone in the world £1 billion each hunger will be solved and so would the cost of living crisis. And he'll still have £172 billion left for his greedy self. (Yes I know dollars but I don't know what all these figures are in English money so I just put a £ sign in front of it to feel more British).
Or if that's too unrealistic then why don't he give everyone £1 million? It's not fair how one man could be so f*****g rich yet there are millions of people living in poverty all over the world.
This is where the world is wrong. Nobody needs that much money. It could be shared out.
Or if that's too unrealistic then why don't he give everyone £1 million? It's not fair how one man could be so f*****g rich yet there are millions of people living in poverty all over the world.
This is where the world is wrong. Nobody needs that much money. It could be shared out.
Your math is so far off that it destroys any point you're trying to make.
There are seven (or is it eight now?) BILLION people on earth. So if Elon Musk only had eight billion pounds he could only give each person on the planet ONE pound.
Even if has 180 billion pounds he wouldnt be able to "give each person on Earth a billion pounds". He could only give us each a little more than 20 pounds. Like fifty dollars US. Enough to fill your gas tank, plus a fast food meal maybe.
Granted that that IS a lot of cabbage for just one person to have. But he cant give billions of people a billion each.
I did not work it out myself. Got it from this.
Sorry can't get the image to show up on this complicated site.
The image said: Elon Musk has [i]180B, there are 8B on Earth. If he gave us each 1B he'd still have 172B left.[/i]
That's if he gave us each $1.
8 billion x $1 = $8 billion
8 billion x $1 billion = exponentially more
So the meme was wrong.
09 Jun 2023, 1:20 pm
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