The Top 20 Richest People On Forbes 400 Are So Rich They Could Buy The Bottom 340 Billionaires — And Still Have Billions Left Over

FlyingSquid , 9 months ago

That makes me feel literally ill. There’s nothing that can be done about it either. If enough heat gets put on them in one country, they’ll just move to another one and live just as luxuriously.

Dmian , 9 months ago

These are, probably, the most powerful people in history. Their reach is global. And governments have no way of dealing with them. They can manipulate any economy to their advantage. And their greed is unlimited. This is the true cancer to the system, and the reason why capitalism isn’t working anymore. Their mere existence is a threat to humanity as a whole. It’s both sad and terrifying.

Sterile_Technique , 9 months ago

There’s nothing that can be done about it

I’m sure we can think of something.

Deceptichum , 9 months ago

5 million somethings even

CoderKat , 9 months ago

We absolutely could do things if society as a whole agreed to. Billionaires only exist because we let them exist. The only thing stopping us from taxing all money over a certain amount is us.

Unfortunately, I have little faith in our ability to convince people that we should massively step up our taxation. We can’t even get billionaires to pay the percentage of income tax that they’re theoretically supposed to pay. How are we supposed to convince enough people to go above and beyond?

A huge number of people somehow have the idea that billionaires deserve this money. Or that just because their wealth isn’t cash means we can’t take it away.

If they try to leave to another country, arrest them for tax evasion and seize every asset they have. Don’t let them do any business in the country without paying their share. Get other countries to band together on this until there’s nowhere for them to run except shitholes. Even if we can’t stop them from being rich in Ireland (and on that note, we should punish tax havens with sanctions), we can stop them from using their wealth to affect other countries.

FlyingSquid , 9 months ago

You can’t tax them like that unless you get every country on Earth agree to do so. Otherwise, they can just go somewhere else.

Dozzi92 , 9 months ago

I think they’re suggesting we eat them.

Lexam , 9 months ago

Eat

Nacktmull , 9 months ago

Eek! Can’t we instead just expropriate them and lock them up?

naught , 9 months ago

But I’m… hungry

Distoorted , 9 months ago

Rule

SARGEx117 , 9 months ago

Hey look, there’s 360 of them mentioned right there.

We should dine well.