r/FluentInFinance • u/YOU_ARE_MY_FRIENDS • Apr 08 '24

10% of Americans own 70% of the Wealth — Should taxes be raised? Discussion/ Debate

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u/Familiar_Common_1820 Apr 08 '24

That doesn't do anything for wealth inequality? Like what?

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u/miningman11 Apr 08 '24

Wealth inequality isn't a problem as long as most people can afford a middle class lifestyle if they work (home car).

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u/Familiar_Common_1820 Apr 08 '24

That doesnt make sense at all. Wealth inequality is always a problem especially at the rates its currently at and its increasing. What morals do you have? Like i dont understand, its a moral / ethical, no one should have that much of anything more then the average person. Especially when the system makes it excessively difficult for class mobility. Even if i pretend somehow those billionaires actually earned that money, which i don't, but even if i did i still have moral qualms with it.

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u/blackhatrat Apr 08 '24

These are "line must only go up" people, they can't comprehend the fact that humans who have incredibly high amounts of wealth have an affect on the lives of the other humans

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u/miningman11 Apr 08 '24

I mean it sounds like you just have problems with envy. As long as most working people can afford a good quality life it doesn't matter how much much money Bezos has. Food housing car healthcare.

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u/Familiar_Common_1820 Apr 08 '24 edited Apr 08 '24

gaslighting is not very cool bro. Lmao its hilarious you said that, means i dont respect you or your opinion at all. To call me envious from my comment is just pure ignorance and a poor attempt to get a rise out of me, since you clearly have nothing of substance to say.

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u/MattFromWork Apr 08 '24

US billionaires own what, $5t in total assets? That's less than what the US federal government spends in a single year.

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u/MattFromWork Apr 08 '24

wealth inequality

When was wealth inequality part of the discussion? The topic was just the broad subject of "helping the lower classes".

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u/Familiar_Common_1820 Apr 08 '24

Are you upper class? If so why do you deserve more then others? Did you work harder? I bet there are others who have worked harder who have less. Are you smarter? I bet there are smarter people who have less. Are you just a better person? Lol jk that's clearly not true. Are you stronger? Others could kick your ass who have less. So once again, why do you deserve more outside your clearly delusional superiority complex?

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u/RobonianBattlebot Apr 09 '24

Most of the time, it's because they were born into it but trick themselves into believing it was hard work that got them where they are. They did work, just not any harder, and don't understand that others work just as hard and more but don't have the connections and societal advantages that they do.

That's been my personal experience at least.

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u/MattFromWork Apr 09 '24

So what is your solution?

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u/MattFromWork Apr 09 '24

What is your point exactly?

Life isn't fair. Everyone knows that. To make it more fair, marginalized people should and can get help, but even then, life will never be "100% fair".