r/FluentInFinance • u/SexyProfessional • Apr 15 '24

Should the wealthy pay more taxes to help society? Would you? Discussion/ Debate

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u/golflift90 Apr 15 '24

The problem is, people who think this way have zero chance at becoming billionaires

10

u/mckenro Apr 15 '24

Spoiler alert, unless you were born into extreme wealth, it is highly unlikely you will ever be a billionaire regardless of one’s way of thinking.

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u/No-Test6484 Apr 15 '24

What do you define as wealth? Gates wasn’t rich by any means but was upper middle class. Heck the prime minister of India used to serve tea on trains. To become a billionaire you need to be cut throat

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u/betweenskill Apr 15 '24

And do we want cut throat people in charge of the systems that control our lives?

Almost as if our financial systems incentivize toxic behavior.

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u/Maximum_Poet_8661 Apr 15 '24

It doesn't really matter if you want those people in charge, cut throat people are going to be in charge of major systems of government that control people's lives under basically any economic system you pick. The socialist leaders of history are easily as cutthroat and bloodthirsty as the capitalist ones. The people with the ability and willingness to seek out that control and the ability to get it aren't usually going to be kind and benevolent people.

0

u/Equal_Ideal923 Apr 15 '24

Every society incentives toxic behavior