Thread 507952710

>>507952710 (OP)
Consider that taxing the billionaires is basically taxing the companies they own. It subtracts from those companies money reserves.
Some human has to control all that money, and if anyone deserves that it's them, since they started said company. It can't be split up among multiple people who could just quit

>>507952710 (OP)
We tax poor people because we want less poverty, so we offer financial incentive to avoid poverty.

How are we gonna tax Elon if he's immortal?

trickle down economics, trust the plan o algo

>>507952710 (OP)
>Don't understand how interest compounds
>Be a poor envious faggot

>>507952710 (OP)
tax them and than what? give their money to the ZOG? the problem is spending, not taxing.

Mang, I'd be partying all night long first with the Sumerian girls, then with the Egyptians, then with the Greeks, then with the Romans, etc. etc. 2/3ds of the humanity gonna sport my DNA.

So in some regards me and Musk won't be that different. (I won't call my children NJ4&B# though)

>>507952710 (OP)
they are billionaires because they avoid paying taxes, if you increase the taxes they will just keep not paying them lol.

theres an economic ecuation that dictates that theres an optimal taxation point , if you raise the taxes avobe that you will collect LESS taxes for various reasons, check it out

>>507952710 (OP)
Elon's "wealth" is all smoke and mirrors. Remove the endless subsidies and the cunt probably has 2 million liquid. Fuckin sham.

>>507952931
We add more gasoline to people already burning, because we want burning to be less appealing. So we offer incentive to avoid burning.

Imagine simping this hard for billionaires, it's like the ultimate financial cucking

>yes, make more money than me daddy!
>mhmmm yes make me poorer than you!
>its such a turn on seeing you so rich
>ahhh im gonna coooooooooooooooom!

>>507952710 (OP)
>tax musk
>whoops his valuation is actually mostly the company he owns
>shame on him for growing such a successful company
>force him to sell
>give his shares to diversity hires
no thanks

>>507953585
u so jelly, keep seething bitch

>>507953265
>with the Egyptians, then with the Greeks, then with the Romans, etc. etc. 2/3ds of the humanity gonna sport my DNA.
me too, i would fuck everything and have baby mommas everywhere

>>507952710 (OP)
the essence of american liberalism is
1: hatred of america (now that america is almost minority white, democrats are starting to discover patriotism) and
2: hatred of rich people

>>507953655
But being poor isn't burning torture you're just greedy. I bet you hate farmers with a blind rage.

>>507952710 (OP)
>1pbtid
>Memeflag
>Stupid ass question
>Slide thread
fuck israel
fuck the torah
fuck the talmud
Hitler did nothing wrong
the holocaust is fake
God is great
and
I regularly say
>keep the change.
Kill yourself kike.
Anyone that bumps this garbage is a retarded nigger braine faggot r*ddit refugee.

Tax the banks, every note or transaction they make they must pay 10% of its face value to a public owned bank.

This does them no harm but helps the public greatly.

>>507952710 (OP)
Why do these retards make up stupid hypotheticals?

>>507952710 (OP)
>>507953143
the real questions are
1: why do liberals and commies feel entitled to other people's money? and
2: wouldn't you instead rather the government stop issuing so much new currency that devalues the dollar and creates more billionaires in the first place?

if we weren't conditioned to think constant inflation was normal and had a normal and respectable non-jewish monetary policy, billionaires probably wouldn't even exist in the first place. but then of course you would be whining about thousandaires or something. god you people are insufferable

>>507952912

That's not how income or property tax work.

>>507952710 (OP)
>own a million shares in a small company
>each share is worth $1

>company does well, people are willing to give you $1000 per share
>you now "own" a billion dollars and leftists want to kill you

>>507952710 (OP)
why do these faggots not understand how wealth is measured? Most "net worth" or "in assets" is complete and utter bullshit and nonsense. Most "wealth" numbers are fake as fuck and do not mean much outside of the corrupt system they are in.

>>507953784
>jelly
I've got a portfolio upwards of $11 million, blokovi nigger. Stay poor and keep sucking gypo dicks for cigarette money. Fuckin kek.

>>507952710 (OP)
>>507953229
Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.

>>507952710 (OP)
I ran the numbers and you'd get to Musk's level in 180 years.

>>507953089
If Elon is Immortal why the fuck does he even need money?

>>507953876
What the fuck is your webm nigger. Sick fuck

>>507952710 (OP)
You can try. They will leave for countries that have no Extradition laws.

>>507952912
>>507952931
>>507953143
>>507953229
>>507953264

>Actual retard
Kek. Is this the power of MIGA?

>>507952710 (OP)
How can you save 10k who will pay you during ice age? Ooga boogas

Living as immortal when you can rob the bank or be a tyrant king lmao what stupid

you can't threaten people with infinite money that they might have to pay more money, they have infinite or they pay off the people who care to not care anymore

you have to cut their fucking dicks off, that's the new tax

then have a penis inspection day and if they fail they get a shotgun to the fucking face

>>507953411
They can pay or they can die

It could hypothetically be that easy

>>507952710 (OP)
All billionaires in america have a combined networth of 6.7 trillion dollars which actually tied up in assets mostly stocks of their companies. But assume the government was able to seize and liquidate at full price all the billionaires wealth that would be enough to cover the expenses of America for one year then what? Tax the rich just comes from a place of envy

>>507956614
Yeah if Musk cashed in his Tesla stock it would crater demand, he would not get what it's valued at. But he'd be better off getting rid of it all at once and cratering demand because Tesla is just a cult of personality and if people knew he was dumping large chunks they'd get out, even further devaluing his remaining chunks.

The power is in being able to borrow money against these assets as collateral

>>507952912
The person that owns that stock would have to sell it to pay for the tax if they didn't have the cash. The stock would then be owned by someone else. That's not really a problem. Besides, I have to pay tax on my largest asset and they value it far higher than I paid for it. How's that fair?

But billionaires pay tax
Do they think he makes his net worth every year?
It's redistribution of wealth with extra steps for these retards. Just outright say you want UBI you useless commies

>>507952710 (OP)
Not taking into account leap days, or the changing amount of days within a year,
strictly from '365x10,000x82,021', it comes to 299,376,650,000, or 299 billion.

>>507952912
>>507952710 (OP)
At some point we're going to have to admit the stock market is the number one source of inflation.

>>507957483
I was impressed, even more so if she then cleaned up the mess and made dinner.

>>507952710 (OP)
Our world didn't exist that long ago.

>>507952710 (OP)
ok that's fucking funny. I'm just mad that he wants attention like a fucking idiot. I would have a fucking island lair and never ever leave at 5b. what a fucking faggot

>>507952710 (OP)
Poor people are propagandised by wealthy people to think that taking rich people is unfair and breaks the rules, and don't realise that wealthy people don't play by the rules and will spend their wealth bribing politicians, getting tax breaks and subsidies for their businesses and growing their wealth at the expense of everyone else in society.

>>507957235
>Compound interest is the eighth wonder of the world.
Never saw a more kike post than this and this place is full of actual kikes. Congrats.

>>507958660
good job, you can use a calculator. You might just graduate from retard class after all.

>>507952710 (OP)
Yeah but compound interest.

>>507952931
>>507952912
And then in the next psyop you call us reactionaries.

>>507957367
Retard

>>507957367
Check your math bro, 424700000000/ (10.000 x 365) = ~116356.1 years.


>>507956409
> You can ask a bank for a loan using your shares as collateral
> Number go up, keep asking banks for more loans, pay off the previous ones, use the same shares as collateral
> Keep getting more money, tell some cunts on the internet you're the victim here
> You can spend those money for whatever
Yeah, why would leftist want to kill you?

>>507952710 (OP)
Taxing billionaires like Elon Musk is a direct attack on the american dream. It would that you can no longer be a complete retard and make bank in the US.

And beside that we are way past the taxation phase.

People like Elon don't even have their wealth in cash, but stocks. How do you tax something that he has not sold yet? Rich people game the system so well that you can't do normal shit to them like us. The discussion shouldn't about raising taxes but how to disrupt their gaming of the system which allows them to pay no taxes at all.

>>507958493
No they don't

>>507952710 (OP)
They do get taxed
why are liberals so brain dead lol

>>507952710 (OP)
Why don't we stop taxing people's wages? Everybody pays tax when they buy something, like food, and everybody has to eat. Rich people buy more than poor people, like luxury cars. People shouldn't have to pay any more tax than that.

>>507953876
Wtf

>>507952710 (OP)
Tax the fucking >CORPORATIONS

>>507960226
>>507960445
rich people obviously rig the system, you can't implement any tax measures that'll prevent it, the only thing that they listen to is a gun being pointed at their head, but it's even more irrelevant for oligarchs like elon musk, he gets most of his wealth from government subsidies, so lmao tax him for the taxpayer money that he gets? lmao, america's issue isn't this tax policy or that tax policy, but the fact that it's a corrupt hellish system consisting of cliques of oligarchs that have no responsibility towards the country and the people and just see them as cashcows to milk and exploit

>>507956409
Maybe companies shouldn’t be valued based on public opinion. The value of anything should be hardcoded based on its physical or computational properties, for example.

>>507958493
It is redistribution of wealth and that’s a good thing. There should be a maximum legal net worth that you cannot exceed.

>>507954494
why is elon musk entitled to billions of dollars in taxpayer money?

>>507960226
By sieving assets with an equivalent worth to the monetary amount he owes.

>>507952710 (OP)
Net Worth isn't money owned

>>507954578
Billionaires net worth is ties in assets and other things. Their personal let worth is shit because they don't want to pay taxes. Keep up

>>507960873
Commie pls
You don't work for the money, you don't get the money

>>507952710 (OP)
Wrong, I would've bought bitcoin

>>507961913
jew pls, explain why elon musk gets billions of dollars in subsidies

>>507952710 (OP)
out of all the billionaires to pick on, elon musk is the only one trying to change things, encourage families, take humanity to space and mars, and the faggot media picks on him. but not bill gates or the other pieces of shit who are making the west horrible or sending all the money to africa or spending it on making viruses. this is so transparent

>>507962143
and import millions of pajeets because apparently white people are just too stupid and lazy

>>507962143
>families

>import infinijeet
> bigger deadbeat / failed family than even the soimiest politicians

> so corrupt even South African crooks were amazed at him

>>507952710 (OP)
He bought Tesla for $25 million.

>>507952710 (OP)
>Is 10,000 BC
>you are immortal
>you decide to save $1 and earn 2.5% interest on that annually
>Never invest anything else
>It's now 2025
>your net worth is now 6e+128
>Attempting to cash out your $1 investment account would destroy the world economy and the economy of the 3 nearest galactic empires instantly.
Holding on to liquid assets is literally 0.5 brain

>why don't we tax unrealized gains as if they were direct income?
questions posed by the mentally retarded

>>507961990
Because he's a shabbos goy

>>507961990
He's a frontman for DARPA.

>>507963144
so there's the actual crux of the problem, if people pay taxes then the taxes should be used to improve the life of the people, not to fill the pockets of nepotistic jews, I don't think elon musk should be taxed more, I think he should be hanged with all the other jews
>>507963208
if he serves a government position to lead a government agency funded by taxpayer money then he should be held accountable for that, not just be le epic rich reddit man, that's just jewish corruption

>>507957235
>Compound interest is the eighth wonder of the world.
the niggers who say shit like this have no idea that real rates have been negative for more than a decade

>>507962306
>>507962411
pajeets are down 40k in america since trump got in
he says he wants them but they are all of such low quality they're having their visas rejected lol

Because Elon's 400 gorillion net worth doesn't represent an equaivalent amount of generic resources and services that can be used to improve your life. It's mostly just a stake in a car company.
So when you say you want to redistributing his wealth, you're not talking about redistributing goods and services, you're talking about dedistributing... a stake in a car company. That you couldn't even sell, because this kind of government action would completely kill the stock market. If you feel like a .00000000001% stake in a not particularly profitable car company would massively improve your life then good for you I guess.

>>507962306
>>507962411
hi jews. not gonna work. the fact u ignore all the other billionaire kikes speaks volumes : )

>>507963458
>le super important national security interest company gets billions in subsidies from taxpayer money
>uses it for stock buybacks
>whoops now that money is gone you can't get it back!
jewish money laundering, everyone involved should be executed
>>507963559
send them all to the gulag, including elon musk

>>507963559
The solution is a pogrom

>>507952710 (OP)
You wouldn't fucking need to tax the billionaires if you fucking loser sheep just woke up to sound money, when a man had control of his own money we didn't have all these fucking price bubbles and we didn't have all the rich living at the expense of the poor.

Idiots who don't understand that having a money that you can't print at will and isn't something you can physically verify deserve their economic starvation over time. If you aren't stacking gold and silver for you to store wealth as part of your strategy then you're not going to make it.

If the currency printer is on and the rich own all the assets already then everything you spend is slowly filtering back to them and it's making prices continuously go up as they steal your purchasing power by introducing new currency into the system through interest bearing loans on the tax payer.

If you had sound money system, like gold and silver, they can't amass all that wealth without incurring significant penalty in the system because people will look at them and just not serve them the goods and produce. The rich would have needs and they would have to pay for things as well. Once spent they would have to do economic activity that's productive to get money again so everyone wins. In the currency printing system, the faggot rich just keep taking out bigger and bigger loans while the small guys get screwed on debt traps because the government only bails out the big guys at the expense of the tax payer..

You people are too fucking stupid, miss me with that crypto faggotry, if you go into that, you deserve all the losses you make as you slowly come to the realisation that all those scammers who are claiming to be making so much money on their shitcoin is either a scammer or he won at the expense of thousands of others. Lmao ponzi schemetards.

>>507960906
>why is elon musk entitled to billions of dollars in taxpayer money?
weak deflection, but i'll answer with a question. are you referring to elon's companies that get government contracts for services provided like any other government contractor? also what's it like being the world's biggest faggot AND the world's gayest nigger?

>>507959359
Who the fuck do you think died on the Titanic?

>>507964059
>Like any other contractor
>implying he doesn't get sweetheart backroom deals on golden hammers
Okay buddy

>>507964059
I'm referring to the us government giving him billions of dollars to use on stock buybacks so he can artifically keep his "wealth" inflated with taxpayer money, what it's like being a jewish kike nigger who's gonna get the noose soon?

>>507963559
>literally the least popular and worst dude to come up
Hard sell to pretend he’s still popular

Even they at least raise families

Deadbeat dad is a life as bad as any other evil person you can think of

>>507952710 (OP)
The government spends too much money.
there should be no taxes.

What I find hilarious is that the tax billionaires activists believe in the holocaust

Twitter and redit just linked up. Need it or keep it?

>>507964238
>>implying he doesn't get sweetheart backroom deals on golden hammers
>Okay buddy
yawn a vague criticism of corruption. feel free to name a specific govt contract of his that is corrupt and nobody here will even disagree with you. you come across as someone who is bitter and jealous of people wealthier than you. generational wealth is a good thing and all people should aspire to pass down wealth to their descendants.
>>507963908
good take on inflationary monetary policy, kinda long winded. it's annoying how the retarded commies itt dodge questions about taxation and inflationary money printing. they get angry because other people are richer than them but they always fail to acknowledge how the national debt and money printing hurts poor people a lot more than rich people being rich

>>507963685
>>uses it for stock buybacks
>>whoops now that money is gone you can't get it back!
>jewish money laundering, everyone involved should be executed
>>507964277
>I'm referring to the us government giving him billions of dollars to use on stock buybacks so he can artifically keep his "wealth" inflated with taxpayer money,
lmao you have no clue how stock buybacks work! honestly hilarious how retarded you are. please at least do some cursory research before raging this hard at anons on 4chan, can't be healthy. stay mad!

Tax their unrealized gains.
>Unrealized gains tax bad because fox news man said so
Oh is it? What about property taxes?
Why is it okay to tax a middle class family more when the value of their only home goes up but not okay to tax a billionaire more when the value of their companies go up?

>>507952710 (OP)
Because Antisemitism, btw burn every Fiscal Heaven in the world

It's really fascinating how these left wing types really don't understand economics. They believe money has some sort of fixed intrinsic value. They believe wealth is a zero sum. They believe Musk is actually sitting on a 12 figure bank account or that he takes a 9 figure salary... they don't know how they world works, they just act like angry children.

>>507965996
>Why is it okay to tax a middle class family more when the value of their only home goes up
It isn't. Glad we're agreement.

>>507952710 (OP)
>why don’t we punish successful people who create jobs
communism is this retarded

>>507952710 (OP)
Taxing the billionaires is stupid because they just avoid it with loopholes as has been repeatedly shown over the years. We simply need to kill billionaires

>>507952710 (OP)
>printing American money 79700 years before america exists
>only print 10000 a day
lmao

>>507952710 (OP)
For 82,025 years you did less with your life than Elon Musk did in the last 25.
He provides goods and services, you don't provide shit

>>507953229
Who is going to be paying you interest in 80000 BC?

>>507952710 (OP)
> fucking this
> fucking that
> fucking fucking fucking
how to spot a faggot with one word

>>507969151
>n-now don't say swears!
fuck off you fucking fag

>>507952710 (OP)
we do

>>507958109
>That's not really a problem.
It's a problem because it erodes private control of companies.
>Besides, I have to pay tax on my largest asset and they value it far higher than I paid for it. How's that fair?
It's not fair, those taxes are evil and you shouldn't have to pay them.

>>507969004
uhhh he provides? You sure about that?
does he provide, or do the engineers and shit he employs provides? Why is his share of the pie so incredibly massive?

An executive is an important position, and can make or break an organization. That's why an CEO can make $10 million/year, or even up to $50 million/year. The average Fortune 500 CEO makes $27 million.

That is a FUCKTON of money. In fact, it's probably too much. We are basically asserting that a CEO is 1000 times more productive than an average professional. That is an insane proposition.

But....billions? Billions?
Why do billionaires even exist? Someone is worth literal-billions? Why? Do you believe that someone like Elon Musk is actually doing 10 million times the work of the average person?

There is some fuckery going on here. The stock market, and how it's structured, is like a gambling house. Win big, lose big. That's how guys like Musk can bet on a startup, and then balloon a huge net worth on stock options. But how does this stock-market system relate in any way to the traditional economy of goods and services? It's like a different beast entirely.

>>507961990
Because the government is a corrupt institution.

>>507960777
Retarded commie.

>>507952710 (OP)
Cuz they own you and the government. It’s a big club, and you ain’t in it

>>507953784
So jealous of an autistic freak that is trying to get himself beheaded by redditors.
>>507959390
No that’s communism they earned their money by working hard!
>>507962143
>meme stock “short squeezes”
>crypto scams
>amplifying American tribalism
Sweaty maga technerds just want to improve the world!

>>507970419
>We are basically asserting that a CEO is 1000 times more productive than an average professional. That is an insane proposition.
>Do you believe that someone like Elon Musk is actually doing 10 million times the work of the average person?
Musk is a bad example because he's literally just the world's greatest scam artist who pumped up Tesla's stock by constantly claiming they would have self-driving robo-taxis next year for the past 12 years.

But at actually successful companies like Apple, or Microsoft, or Walmart, etc where the net profit is closing in on 100 billion a year, then the marginal product of their CEOs really is billions of dollars.

>>507958681
If so - why did the USSR have higher inflation than the west? There was no stock market under gommunism.

>>507952710 (OP)
Why don't we just stop taxes altogether instead?

>>507971466
>then the marginal product of their CEOs really is billions of dollars.
No it wouldn't though anon. It literally wouldnt.

in each of those cases, the CEO is only paid a couple million. The billions, comes from the stock options. The stock market is some fuckery, that's the problem here.

>>507952710 (OP)
What about compounding interest tho?

>>507952710 (OP)
>making $300,000 a year for 82,000 years
that's a shitty work ethic, did you never ask for a raise or earn a promotion
what the fuck man

>>507971709
That's not what you asked. CEOs at such companies really are thousands of times more productive.

Whether or not they should be paid with shares or a paycheck is a matter for the board.

>>507954494
The thing about the “communism always fails” arguments is, where is capitalism doing so great? It’s not exactly a success story either.

>>507958681
>being that low iq
Jesus Christ

>>507971930
>really are thousands of times more productive.
I just don't think so. I think they are really overpaid, and there's an entire establishment propping them up. Golden parachutes and all that.

But that's not really the key issue. The billions comes from the stocks.
This whole notion of trading stocks on the market, it's kind of fucking weird. The market itself is structured like a gambling house. People buy and sell for seemingly no reason. It seems very disconnected from the world of value-exchange. The fact that your worth can fluctuate rapidly over the course of a few hours. I thought money represented labor you performed, why is the value of your labor fluctuating so rapidly now?

The whole system is really fucking weird, and seems to be designed specifically so that certain parties can game the system.

>>507972117
Where did the American school system failed so much to produce these kids completely unaware of the system that their ancestors built when they moved from centuries of serfdom under absolutist monarchs. Read a fucking book.

OP is coming back to this thread, right?

>>507972341
>The market itself is structured like a gambling house
The stock market is fully just high-stakes gambling, and the thing about it is, of all the ways to make a shitload of money, winning it in a stupid game off of someone else who also has a shitload of money seems the least objectionable.

I care about the exploitation of the working man. I don’t care about rich kikes gambling with each other.

>>507972504
Ah, right. Of course. The system wherein the powerful elite sit idle while exploiting the working multitudes is good, because it replaced a system wherein the powerful elite sit idle while exploiting the working multitudes, which was bad. This is also why we should be afraid of any other system where the powerful elite sit idle while exploiting the working multitudes.

>>507952710 (OP)
>Why don't we tax the billionaires, /pol/?

They worm their way out of a lot of their taxes with tax loopholes that were written into our overly complex tax code by corrupt politicians; but even if we taxed them heavily it wouldn't make the difference you think it would.

The combined wealth of every billionaire in the United States is $6.22 Trillion. The national debt is $37 Trillion. So even if we took every penny that every billionaire in the country owned it would still only pay off about 17% of the national debt.

Government spending is the big problem. We need less government and if we can get the national debt under control then we should eliminate ALL taxation on the working class. We need less government and less taxes not more.

>>507972117
>where is capitalism doing so great?
China atm

>>507972798
Average American is now living much better than the kings did. Thanks to the system you currently have. Communism is literally the way back to big state. It is the 180 back from what got you there. You only talk socialist bullshit in this thread and did not propose one improvement or solution to the complex problem.

>>507972341
>I thought money represented labor you performed, why is the value of your labor fluctuating so rapidly now?
Money represents a lot of things, it is just an abstract unit of exchange. Labor is just one of the things it can be exchanged for.

In the case of stocks, the price of a stock is dictated by real market analysis, things like net profit, return on equity, total assets, etc, and speculation based on if you believe those values will go up or down.

>>507972586
well anyway, surely Musk is a brilliant man who created several brilliant enterprises, and should have been paid millions and millions for it.
But....billions? Hundreds of billions? Seems really crazy, like REALLY crazy.

So the reason that these corporations have value on the market, is because of the price of the stock. The reason the stock price has value is
1) Speculation
2) The potential that in the future, they might pay some dividends.
But it seems like #2 is way less important, most stocks don't even pay dividends and still get traded.

Well anyway, dividends are basically a tax on the corporation's net income. So if a corporation has a profit of $10 million, they'll pay some of that out as dividends, let's say 30%.
So the value of the stock....is connected to the value of the dividend...which should provide you a return on investment. The value of the stock naturally should settle such that the annual yield of the dividend is about 2-3% of the stock price to offset inflation. Of course, holding the stock itself incorporates risk, which would be factored in as well, hence the stock might yield you a 12% return, with a 10% risk.

But the thing that I'm having trouble with....it seems the billionaire owner is double-dipping his income. The stock value, has value because of dividends, which are a revenue stream that are a percentage of net company profits. So if a CEO owns stocks, he's effectively wetting his beak on the ENTIRE company revenue stream. Which is odd, since he's already being paid for his labor.

Why should you be paid just for owning something? If you start a business and sell stocks, while reserving a massive stock-pile for yourself, you are essentially reserving a massive portion of the future corporate profits for yourself. That

>>507952710 (OP)
99% tax on money made from p*rn is a better start

>>507974048
>Why should you be paid just for owning something?
Because investments add value to a company.

>>507973322
>the price of a stock is dictated by real market analysis, things like net profit, return on equity, total assets, etc,
no it's mostly priced purely on speculation, and those things you mentioned are just heuristics that certain schizophrenic traders might use to correlate things.
In reality, the value of the stock is tied to the chance that this stock might in the future, pay dividends, which are a percentage of future revenue.

Therefore owning a stock is kind of like owning a percentage of the company's profits. The issue I'm having here, is that if you own a business and go public, while keeping most of the stock for yourself, you are essentially reserving for yourself a huge portion of the expected future profits of this company.
You are already being paid for your labor as an executive, and yet you're also dipping your beak into the raw profit-stream of the corporation itself.

It seems very much like this is a scam. There's some scammy shit going on in the way the market works that enables people to inflate vast piles of wealth well beyond the value they have actually produced.

>>507974473
>In reality, the value of the stock is tied to the chance that this stock might in the future, pay dividends, which are a percentage of future revenue.
Not exactly, even if a company never pays dividends the shares still hold liquidation value.
>The issue I'm having here, is that if you own a business and go public, while keeping most of the stock for yourself, you are essentially reserving for yourself a huge portion of the expected future profits of this company.
Yeah and? The same is true if you don't go public.
>enables people to inflate vast piles of wealth well beyond the value they have actually produced.
If they inflate the value of the stock by making good decisions that grow the company, then they have produced that added value. If they inflate the value of the stock by making bullshit claims about robo-taxis then they have committed fraud.

>>507974473
You're not being paid when it's your company. You pay the people you've hired to help you and you keep what's left, if there is anything left. Some years there isn't, but the help gets paid none the less.

>>507952710 (OP)
Because the people who would make such laws (politicians) are paid by the billionaires to not make these laws or are millionaires/billionaires themselves. This isn't difficult to figure out.

>>507952710 (OP)
because then the people promising you they will tax the billionaires wont be able to use that promise to get elected anymore. same reason they promise to cancel your student debts every election cycle but never do but it gets your vote every time anyways

>>507952710 (OP)
Unironically because a large amount of people in this country think taxing billionaires and giving people livable wages is Communism. People are that stupid.

Here's a very simple way I see this issue: The more you gain from society the more you need to invest back in. All these billionaires run businesses using public infrastructure. Unless they want to pay for their own roads, etc.

This current model is not sustainable and it has actively robbed two generations of Americans from upward economic mobility. If yo think opposing this is "Communism" then you are legitimately to stupid to be allowed to live.

>>507975475
I think I figured it out.

The issue isn't necessarily the fact that they own stock. The thing that's making them super wealthy is that, because they got in at the ground floor, they "got in first".
It's like if explorers landed on a new island, and then you were the first one to discover the drinking source, and claimed a good 50% of it as "your property". Once everyone else found it, they would have to pony up to you, which would make you fabulously wealthy.

If you approached all investors individually and asked them "what do you think of this fledgeling company? Would you invest in this?" Most would say no, but a good percentage of them would say "yes". So the inventor would be bidding against a lot of other people for the initial stock. That means, his share of the stock would be smaller, and the initial price of the stock would balance out the increase to his worth.

As for, being rewarded for being an innovator, of course he should be. But I'm saying, I think that reward should perhaps be from a different mechanism.

>>507952710 (OP)
They don't really understand the concept of assets do they.

>>507960515
this
labour income should be taxed less
capital income should be taxed more

>>507952710 (OP)
>Inflate money's value
>Now everyone is a billionaire
>Steal everyone's money
You thought you were so clever, didn't you?

Your powers and ideals are chained precisely because of your treacherous nature.

>>507976050
I think a solution for this?
Make it mandatory for fledgeling companies to put up a pre-stock bid on the open market, That way, everyone has the same chance to "get in on the ground floor". That would be more fair.
Instead of closed door meetings with secretive executives gaming this out.

I think the problem is that companies don't wanna give away their secrets or what they're working on. That is a patent rights issue.

>>507952912
>Nooooo not the heckin corporations!
It's time for your daily sucking of Israeli scrotums

>>507976050
>>507976649
What the fuck are you even talking about? What if you don't deal with investors at all? Let's say you just work hard for your money, save it up, and use it to open your own pizzeria. Then it's profitable and you save up the profits to open a second location, then a third, then a fourth, and eventually it's a national chain and you're a billionaire. Do you still have a problem with it?

>>507969014
the Rock o fellows

Based anon, at least one person here gets it. The others are so fucking low iq kike CIA glowies.

>>507952710 (OP)
elon musk doesn't have any money. what he has is stock that's "supposedly" worth $200 billion because of all the retards and fanboys that worship this bullshit artist and think because they bought some crypto and made a few hundred grand that they're the next elon.
there's a massive fucking difference between a stock bubble that you borrow against and actually having after tax cash in the bank.

>>507979240
Don't bother trying to explain the dynamics of wealth to poors. It is simply beyond their comprehension.

>>507952912
>All these low IQ brown retards mad at you telling the truth
They will raise the income tax for the rich which they will never pay but they will raise capitol gains tax which impacts everyone and cheer this stupid shit

1011010100101110 Elon is a really smart guy. anyone who doesn’t choke on his cock is a poor retarded communist full of jealousy

>>507952710 (OP)

You cant they leave. This has been proven. Also they dont really have money. They have industry. Elen musk did not create a money he created industry that produces stuff like cars and rockets to space.

The stuff he created is worth that much. Why would you want investing to produce more than actual production.

>>507952710 (OP)
“Tax the rich” is a false dichotomy
It implies rich people having money is the issue and not the entire economic structure of the nation.

Restructure the nation and the amount of speculative assets someone has won’t matter.

>>507952710 (OP)
We do tax billionaires dumbass. Do you really think they get a free ride?

Also, think about what you are asking. Do you really want to give to give the government more money to fuck with you?

Are you really that fucking stupid?

>>507979946
Cough foreing capitals own all the land, urban land country land you name you can't make a new road in the USA without China getting mad rich or simply blocking you

Go ahead name a new road made since Trump took office, one.

If I'm saving $10,000 every single day for that long then I don't give a fuck if some cunt is richer than me. Good for him I'm perfectly happy living off my own money thank you very much

>>507957462
Oh yeah just live forever but as a poor person that sounds fucking delightful

>>507952912
It can be split up between multiple people, that's how things worked well before some kikes gobbled everything up at the sound of gibs and intentionally harmful trade "de"regulations.

>>507973308
Capitalism does not get to claim credit for the march of technological progress. I live better now than feudal serfs did because of the march of technology. Technology advances no matter the political economy.

>>507952710 (OP)
There's maybe 1000 billionaires in the entire world.

Tell me, what would taxing them do?

>>507952710 (OP)
Also, that would be over 160000 years.

Leftards never comprehended basic math.

>>507983353
Hopefully, get us down to 0 billionaires

>>507983519
Then they will tax millionaires. Then they will tax the middle class. Then they will just tax White people, since otherwise that's rayciss.

Do people think an obscenely wealthy person like Elon has 490b in their pillowcase?

>>507952710 (OP)
>talks about money
>ignores the compounding value of money and just sums
>talks about wealth inequality
>ignores productivity inequality

Tell me you're an illiterate, subhuman communist without...

>>507952710 (OP)
git gud fag

>>507952710 (OP)
>he and his lineage is better than me and my lineage at something. Please someone sabotage them!

>>507952710 (OP)
Because in the ‘80s Reagan and Thatcher convinced their people that YOU TOO can be a billionaire if you just work harder, so they defend billionaires not being taxed while working more productively than ever before while their wages decline and their living costs rise in real terms due to inflation.

Meanwhile their grandparents bought homes and raised families off a single income in the ‘50s they look back on as a golden age, when the top marginal tax rate was 90%.