Should Billionaires Exist?

Stupid billionaires.

 

gift link no paywall

L.A. Rams Owner Stan Kroenke Becomes Largest Private Landowner in the U.S.
A December purchase of 937,000 acres of land brought Mr. Kroenke’s total holdings to 2.7 million acres, according to a new report.

https://www.nytimes.com/2026/01/13/...e_code=1.EVA.op8y.SzcyuDV8ej38&smid=url-share

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Damn, I’m glad we got Tilman
@Salvy
@ROXRAN
@CrixusTheUndefeatedGaul
@RB713

 

Every billionaire is a policy failure. At the very least, there should be a limit. Say, twice what the most expensive NFL team is worth. That would cap things at $30 billion. Still an amount of money unfathomable to most and enough to corrupt many institutions and fund a lot of candidates and think tanks.

 

You provide good reasons why $30 billion is too much. Probably around $1 billion. Of course they should be greatly limited in their ability buy. politicians, think tanks, unlimited money allowing them to monopolize media etc. Oligarchy sucks! Even little MAGA realize this in a twisted sort of way as they blame immigrants and other scapegoats and put their hopes in their Lord and Savior Donald Trump.

Radical? Not really. All this existed in the golden age for the American middle class, with cheap college, subsidized student loans, a $26/hr minimum wage in today's money, pensions etc.

 

@CrixusTheUndefeatedGaul
@Salvy
@Space Ghost
@basso
@ROXRAN
@Os Trigonum

jealous lazy communists bums who failed economics and math and PE
Don’t like people who are successful

you throw up like 4 airballs and you get mad that Reed Shepard is white and gets millions

you mad that MJ made thriller while you can’t even moon walk

 

Do you believe that the government should put a cap on the ability of a citizen to succeed?

 

As long as income tax scales appropriately, I don't see why not. Tell me why this isn't the case.

 

I don't believe that the Affordable Care Act was a success. Healthcare costs have increased dramatically since its inception. It's true that some have benefited, but it's been a disaster for most.

 

I'm pretty sure I heard on the news this morning while brewing my coffee that California was going to set up an extra tax on billionaires. I don't have any information on it, but someone not at work might want to look it up for us. I believe I heard it will be a onetime 5% tax on total assets.

 

Apparently Newsom wants billionaires in California, or at least their money.

 

Too late breh!
@Salvy
@Os Trigonum
@basso
@ROXRAN
@CrixusTheUndefeatedGaul
@glynch
https://www.businessinsider.com/billionaires-leaving-california-for-nevada-billionaire-tax-2026-2

Billionaires are fleeing California for Nevada — and not for the nightlife

 

Calif Republican Billionaire Palmer Luckey,
has opted to investing another billion $ in Calif for his hi-tech company, Andruil Industries.

In addition, he has just gotten approval to start his new bank in Calif, Erebor, which will cater to tech startups and wealthy individuals.
Erebor will reportedly be launched with $635 million in capital, and will fill a space left by the collapse of Silicon Valley Bank.

 

Wait… are we killing them or just taking their money?

 

por que no los dos?

 

Of course, the blood thirst. You lefties… I swear.

 

You're a good guy. Every billionaire in this country would gladly sacrifice your life if it meant they benefit in any way and here you are on a Rockets forum licking their boots. Maybe one day their wealth would trickle down to you my brother!

 

Didn’t realize I was licking boots. All I asked was are we killing them or taking their money. You said let’s kill them AND take their money. I don’t recall giving an opinion about billionaires.

 

Your comment calling me bloodthirsty was you giving an opinion about billionaires.