And these are the kinds of people who become CEOs and Executives. They are not humanity's best, they are, quite honestly, humanity's worst.

I worked for a trust fund kid. It started off great until I realized he had no understanding of how money worked. Despite him saying / thinking he cared about the bottom line and the well being of the company, he really only cared about his ego and if his (rich) family thought he was successful.

Other trust fund kids

Maybe some based rocket engineer can switch out some metrics with some imperial next Bezo space flight.

Ideally, tax money would be spent by the government in a way that benefits workers.

The workers should control the means of production. Imagine if every worker owned a stake in the company they worked for and got to vote on corporate decisions...

Exactly. The higher taxes should all go to healthcare, education and housing for working class people. And the leftovers should simply become dividends to provide additional support to the neediest. Oh and if people have issues with ‘welfare checks make people lazy’ or some other BS that’s repeatedly been proven to be nothing more than racist neoliberal propaganda then use the rest to fund something like the green new deal and all the jobs that will create. Or incubators for worker co-ops which are not only more fair and democratic in terms of allocation of wealth but make this kind of exploitative elite profiteering impossible.

Maybe things would change if the billionaires were convinced it’s bad for themselves.

I wpuld go with jerk personally

What kind of barbecue? I'd prefer a vinegar-based North Carolina style sauce

I'll just have em bland. Maybe have ketchup if it tastes good otherwise nothing.

There goes my hero, watch him as he goes.

It's quite annoying that it is so plain to see how wealthy these people are, yet they're able to make themselves dirt poor on paper.

If only there was a way to force them to liquidate, rather than living on loans perpetually backed by their stock assets.

"Raise taxes" clearly also includes things like ending the 15% long term capital gains rate so they have to pay real income tax like the rest of us and fixing other things like that

It just means make them pay more by unspecified means

pay for everything with loans while most of their holdings remain untaxable.

Those loans are drying up...

But just because that exists doesn't mean we can't stop it.

Just write a law that cumulative loans over $x get charged a tax due when the loan is made. Have the bank treat it like "sales tax" and process it themselves before making the payment.

Absolutely correct, increase their taxes, close the legal loopholes.

Look no further than Hollywood studios for a primer in creative accounting, they’ve kept tens millions for themselves over decades.

Yes, which is why a wealth tax needs to be implemented.

Net worth tax

Most of the words you just wrote are insurmountable to the average voter. But no. The Very Rich People don't want the population to decrease. They can dogwhistle to conservative voters about "demographic group x" and how they want them gone, but the ruling class needs infinite growth, and you can't have infinite growth (realistically at all) without a growing population.

What keeps me up at night is the thought that one obvious way to reorganize around a much smaller human labor requirement is to have a much smaller population. Isn’t that the radical right end game here? Isn’t that why Very Rich People have gone full fascist?

I've thought about this several times myself. Its like these mfers saw Kingsman and said, lets run with that idea. Wiping out mass swaths of the population would allow them to negate a small portion of human climate impact so they can keep on polluting and add another zero to their quarterly statement. I have no clue if this is something they think about, but one thing I do know is that these people are sick fucks and completely detached from reality. Hoarding extreme wealth is no different from hoarding a house full of random crap, its just their hoarding problem is all digital and doesn't attract roaches.

I'm all for automation but what do the people who are unemployable do (other than not work, lol)? how do they pay for the goods and services they need?

we're nowhere near a post-scarcity society. who/what mechanism pays for and/or creates the resources used by those people that can't get their own resources because their purpose has been automated away?

We need cake! We need cake! We need cake! We need cake! We need cake!

is digital currency a burden?

That's one way to do it.

What's funny to me is that many years ago Musk was viewed by a lot of the internet as this great engineering golden boy. Once cemented in the untouchable ranks of the gilded elite he opened his mouth more publically and fell flat on his face.

People don’t always grasp the amount of money a billionaire has

How much money do you think billionaires have?

Would have to be global though to not take their wealth out of the country.

Here is an alternative Piped link(s): https://piped.video/watch?v=IP2EKTCngiM

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Could you rephrase that? I don’t understand.

Here is an alternative Piped link(s): https://piped.video/IP2EKTCngiM

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I'm open-source, check me out at GitHub.

realistically, there's no way to prevent it

Taxation is forecasting of weather and earthquakes, standard weights and measures, roads, timekeeping, consumer product safety standards... you know, all the things you depend on daily to just live your life.

I swear to God it's like trying to get a fish to see water. Lack of taxes and lack of government regulation hurts the working class and benefits corporations and the wealthy.

Lol the person who thinks one person makes the world go around.

Then private property is theft as well.

It is. I get about 60% of my salary taken each month. Money I poured time in and I will never see it again.i get nothing from it except tired.