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DTRV

(56 posts) Fri Jun 25, 2021, 02:43 PM Jun 2021

Sam Seder: We Should Ban Billionaires! (Is He Right!) [View all]

Sam Ceder from The Majority Report has made several videos against the allowance of people to become billionaires. He contends that it heavily contributes to the existence of poverty. As a matter of fact, he contends there is no reason for people to "earn" any more than 15 million dollars per year. Is Sam correct? Is the systematic allowance of billionaires contributing to poverty and the financial underachievement of the lower middle class of this country? Please share your thoughts.

25 replies

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Sam Seder: We Should Ban Billionaires! (Is He Right!) [View all] DTRV Jun 2021 OP

It's obscene that some people are so rich while others have to sleep in the street liberal_mama Jun 2021 #1

+1 zuul Jun 2021 #2

Sorry... orwell Jun 2021 #3

I'll have to remember that the next time a person who is Asian in appearance is attacked on mahatmakanejeeves Jun 2021 #24

15 million would mean that Amazon would stop at 15 million in profit as jimfields33 Jun 2021 #4

You're right - it's complicated. harumph Jun 2021 #7

While we're at it DFW Jun 2021 #5

DFW, I'm inclined to agree for reasons of common sense - but that said, harumph Jun 2021 #10

I looked at your post DFW Jun 2021 #12

Outstanding Response (nt) ProfessorGAC Jun 2021 #17

Ok then. To sum up harumph Jun 2021 #18

First of all DFW Jun 2021 #22

Virtually nobody becomes a billionnaire by themselves these days. meadowlander Jun 2021 #21

I have no problem with Billionaires so long as there's a thriving and growing Middle Class Yavin4 Jun 2021 #6

What do you think? Hekate Jun 2021 #8

We can't afford billionaires. I_UndergroundPanther Jun 2021 #9

This reminds me of Bernie former9thward Jun 2021 #11

Tax them like Kennedy did. 70% Firestorm49 Jun 2021 #13

Progressive tax rates, strong social safety nets, and comfortable living wages work well enough. hunter Jun 2021 #14

Uh huh... brooklynite Jun 2021 #15

We could pass a law rewarding competent, honest businesspeople who become billionaires. gulliver Jun 2021 #16

Populists need lots and lots of villainous enemies out to get them. betsuni Jun 2021 #19

Making it about the person falls into the trap of the rags-to-riches plucky entrepreneur myth. meadowlander Jun 2021 #20

IMHO, you've given the best response on this issue nuxvomica Jun 2021 #23

No. NT mahatmakanejeeves Jun 2021 #25