Comments by "whyamimrpink78" (@whyamimrpink78) on "Mark Cuban: Taxing Billionaires Is Like Scapegoating Immigrants" video.

The left isn't rising. And the rich will always be rich no matter how much you attack them. They are much smarter then you. Also, the "wealth tax" is asinine as that is not liquidated assets. You can't tax wealth like that.
2
Many. They went to Iceland for example. You do know in those nations they have no wealth tax?
1
I agree. Why are fans of Bernie Sanders so greedy?
1
@coletrickle1775 who are the ones asking for handouts?
1
@coletrickle1775 so where is your counter argument?
1
@coletrickle1775 that is a problem of government having too much power to sell. Also you are pushing to have government in your favor. What is the difference?
1
Wealth inequality is a very tough issue to measure. Read the article entitled "Measuring Inequality" from the Oxford Review of Economic Policy. One example is that someone with a college degree and student loan debt has negative wealth where a homeless person with no debt has more wealth than the person with the degree. Now who is better off? But based on people like Bernie that homeless person should have their wealth "redistributed" to that person with a college degree as, on paper, they have more wealth.
1
@KaiserMattTygore927 , very few work three jobs. Also, it isn't about productivity but more about a perception. Bezos being the largest shareholder of Amazon shows that he is willing to stand next to his product which creates confidence in investors causing the value of the shares to go up.
1
@garysmith7760 , actually, the employees who get food stamps are part time and temporary employees. That isn't Bezos' fault they refuse to work more.
1
@garysmith7760 , yes, they do hate to work full time. Only around 2% of workers who work full time year round are on welfare.
1
@garysmith7760 , statistically a full time worker at Amazon does not receive welfare.
1
@bpdmf2798 , well really they have a third party group hire these people as temps. For example, the Amazon in my state uses Integrity Staffing. You are hired by them first, not Amazon. As for part time and no benefits, it brings up the question why do they give out benefits to begin with? Well, benefits are a tax free way of paying employees. Why? Because of the payroll tax. The government has created a system where it creates barriers to give out more hours. So who do yo u blame at that point? The company or the government?
1
@bpdmf2798 , overall, I just want my employer to pay me an income. No benefits. I can pay for my own benefits as that gives me more freedom. But government policies prevent that. Ask yourself, why do employers pay their employees with things like healthcare insurance as opposed to a higher wage?
1
They aren't crying. They are talking about how inefficient a wealth tax will be.
1
@MsScarletwings how are they crying?
1
@MsScarletwings , ever thought that he cares? In capitalism people become wealthy by providing goods and services they want. Do you think these rich people stole their money? They didn't. They work way harder and sacrifice way more then you have, and others. They are running a major business and you are watching youtube videos. Far leftists feel that rich people simply stole their money or were shooting at some food and out came oil. No, they actually worked and invested. Also, just because they became rich does not mean they became poor. Besides, the economy is doing great and they actually really don't have that much money. Maybe if you cared you would apply yourself more and actually help out the community instead of forcing people to do things.
1
@MsScarletwings , again, they don't make that much in income. Bezos earns $80,000 a year, that's it. Most of his wealth are non liquidated assets. It is not M1 money. Bezos has a lot of wealth because he is the largest shareholder of his company. Him being that large of a shareholder shows he has confidence in his company thus it increases the values of his shares and thus his wealth. Take it on the small end. I just bought a new car. It is a manual. I drive it well. Now say you were to give that car to someone who does not know how to drive a manual, I mean has no idea period. Overall, who will get the most value out of that car? Naturally me as it will last longer under me and be driven better under me. Now is that a guarantee? No. But chances are that is the case. Me, by simply owning that car, gives it the ability to create more value overall compared to the other person who will probably wear down the clutch in 50,000 miles. Same with Bezos and his shares. Him owning those shares shows he is willing to go down with his company, but trusts it so much he owns the shares. If he were to give up those shares to someone like you or me it will send a red flag to investors and they will pull out causing the value of the shares to drop. So it isn't about them working harder or not. There is a lot more to it.
1
@whyispinkysoinsane7898 , it isn't me saying so. If you studied any level of business and economics you will understand. This is why you troll, you really have no counter argument.
1
@MsScarletwings , I bet we do have the same goals. Difference is that I look very deep in these issues. Someone like Kyle saying Bezos has a lot of wealth and thus it should be taxed shows he does not understand what wealth actually is. Read the paper entitled "Measuring Inequality" From the Oxford Review of Economic Policy. By Kyle's standard a homeless guy, who no wealth, should give up what he has to me because I have negative wealth. That homeless guy has more wealth than me.
1
Derek Hitt Well, there is a little more to it than that. Yes, the US does live in a individualistic society, especially compared to the Nordic nations. But locally we do care for others. This is why there was, and continues to be a strong push for more local government. But these people pushing for billionaires to pay for things won't work. It is, at that point, the losers crying about losing and attacking the winners.
1
Derek Hitt , true. I bet I can take on a lot of billionaires with my bare hands. But they can hire body guards. So survival of the fittest there reigns.
1
Derek Hitt , you will never get corrupt people out of government. The founding fathers knew that from the beginning which is why they created the checks and balance system. Money in politics has existed for as long as government has existed. The best solution is to limit the powers government has.
1
@whyispinkysoinsane7898 , never said not do anything. Follow the constitution. Federal government is there for foreign affairs and handle commerce between states. Local government handles domestic issues. The more local the government is the easier it is to control. But hey, what does a sexist like you know.
1
JamesHLanier , define "fair". Also, no one really has a billion dollars. Most of their wealth is tied into non liquidated assets. And if you tax it that will mean liquidating it somehow. In the process of doing that the value may drop and the government won't get the revenue it expects. That is why wealth taxes have failed anywhere it was tried. You really are taxing something, in the big picture, doesn't exist.
1
@powderedtoastfacekillah734 , define fair.
1
@fl00fydragon 1. Define poverty. Also, increased productivity has made everyone's lives better. Poor people have fridges now where in the past they didn't. 2. It isn't about money but about wealth.
1
Except they don't have that much income. Most of their wealth is not liquidated.
1
@deejaytrekk4470 , how do you get a nation of 320+ million people to agree to one idea?
1
@drewce390 , wealth is not income. This "wealth tax" will force liquidation of wealth causing inflation.
1