Why billionaires should be ILLEGAL

Comments · 20K

• SH

  @sharonvass8700 · 21 hours ago

  The bullshit the very rich spout is the worst

• AN

  @andrewtaylor1610 · 1 day ago

  If you made being a billionaire illegal, how would you even being to regulate that when a lot of billionaire's valuations are tied to their companies in equity and stock, and not just have laying around in cash? Governments can seize liquid money. How do you seize equity and stock without completely taking over a company? That would essentially be communism with state-owned companies. We are a capitalistic democracy.

• JO

  @johnbrand9179 · 4 days ago

  If you have more than you can count, you likely have more than you will spend. <br>A billion dollars in 100 dollar bills, weighs 13,250 lbs.

• DP

  @dpetrano · 9 days ago

  Tax billionaires out of existence.because as Plato stated, too much wealth in the hands of a few is fatally dangerous to oppose and &nbsp;destroys democracy. Billionaires exist because there&apos;s laws &nbsp;protecting their assets enforced by a system funded and operated by WE THE PEOPLE who are struggling to get by.. That system consist of military, law enforcement, admiinistrative agencies and courts. Imagine what tech billionaires would do if their software programs were counterfeited on line sold for a fraction of the price. They merely contact FBI and at our expense, their copyright/trademark and patents fortune is protected. Same goes for billionaire landowners invested in real estate trusts who can sleep at night knowing the US military is in place to protect their land from annexation by an enemy country.

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• MA

  @MateuszBobkowski-e1r · 2 weeks ago

  I agree that everyone should be wealthier, but forcibly taking money from people punishes entrepreneurship. There are people who change the world for the better because they want it to be better, and there are those who have made the world a better place driven by the desire for profit. There are also people who meant well but caused tragic consequences, as well as those who possess vast wealth and seek even more at the world&apos;s expense. The issue isn&apos;t how much someone owns, but how they manage their wealth. Would it be wrong to be extremely wealthy while contributing good things to the world and actively working to make it better? I believe in freedom and sharing, but I dislike telling someone to give up their assets—that amounts to theft; people should share of their own free will. Financial penalties are appropriate when someone destroys the world for profit; it is natural to desire power and status—these drives have motivated many to create the world we have today. I have no problem with billionaires, as they drive innovation and fund major projects; my issue with them arises only when they destroy the world instead of making it better.

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• IS

  @ishigirihayato · 2 weeks ago

  I&apos;d be incredibly happy with $50,000-100,000 a year... anything more than that is a bonus.

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• SY

  @sydsydneyk7416 · 2 weeks ago

  Great topic for discussion

• 2S

  @2smart4u-n4y · 2 weeks ago

  Economic growth is fundamentally driven by incentive structures that reward high-risk, high-reward innovations. When you place an arbitrary legal ceiling on individual success, you effectively eliminate the marginal incentive for entrepreneurs to scale enterprises past that limit. A founder who achieves the cap will rationally cease expansion, halt hiring, and stop investing in further research and development. By legislating an ideological boundary on wealth, the state inadvertently institutionalizes economic stagnation. True poverty alleviation is achieved by expanding the economic pie through competitive value creation, not by violently shrinking it to ensure everyone owns an equal slice of a smaller, stagnant economy.

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• 2S

  @2smart4u-n4y · 2 weeks ago

  From an institutional design perspective, implementing an absolute wealth cap fails to account for international tax competition and global capital mobility. Historical precedents, such as the implementation and subsequent repeal of aggressive wealth taxes across Europe (e.g., France&apos;s ISF), demonstrate that high-net-worth individuals rapidly shift their fiscal domicile to alternative jurisdictions. The result of limitarian policy is not the redistribution of billionaire wealth, but rather the total erosion of the domestic tax base, an immediate drop in foreign direct investment (FDI), and severe capital flight. A state cannot fund public infrastructure or social safety nets by enacting punitive measures that drive the primary engines of economic innovation and tax revenue out of the country.

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• 2S

  @2smart4u-n4y · 2 weeks ago

  The policy proposal to make billionaires illegal rests on a fundamental misunderstanding of wealth composition and capital allocation. Billionaire net worth is not liquid cash extracted from the economy; it represents the market valuation of equity in productive enterprises. Forcing a hard cap would necessitate the mandatory liquidation of corporate equity, systematically depressing stock market valuations. In a modern economy, public equity markets are the primary vehicle for institutional retirement savings, such as the $10.1 trillion US 401(k) ecosystem [2] or the $4.7 trillion Australian Superannuation pool. Consequently, artificially compressing corporate growth directly devalues the compounding assets owned by working-class citizens, achieving the exact opposite of its intended welfare goals.

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• 2S

  @2smart4u-n4y · 3 weeks ago (edited)

  To all you numbskulls, you gave billionaires absolute power over your minds. You sit here daydreaming about the government using an iron fist to seize property just to soothe your feelings, completely blind to the real-world math. You want to make billionaires illegal, yet you are financially illiterate to the fact that 71% of the US 401(k) market—over $7.1 trillion—is tied directly to the very corporate equity you want to destroy. You aren&apos;t attacking the rich; you&apos;re trying to empty the retirement portfolios of the self-driven, working-class people who actually hustle.Keep crying in the replies and waiting for a perfectly moral nanny state that will never exist. The real world has already moved on.

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• AA

  @AaaSWE · 3 weeks ago

  Sadly, It will end in a peoples revolution. The rich never learns, their greed will be their downfall one day.

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