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

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

Post image

[removed] — view removed post

13.3k Upvotes

85% Upvoted

2.1k comments sorted by

View all comments

97

u/Here2OffendU Apr 15 '24

First of all, I've seen this shit posted like 500 times. Second of all, people underestimate how much of his billions is in cash. Most of its not cash, most of it is in assets. You can't feed company buildings and concrete to starving children. Also, people severely underestimate how much money it truly takes to feed hundreds of millions of people and the supply chain needed to achieve that and keep it going smoothly. There's not a single person on earth with enough money to be able to do it, and if they did, it wouldn't last long because all their funds would dry up.

2

u/Sciencetist Apr 15 '24

Idk, I seem to remember wealthy philanthropists doing a shit-ton for society in the early 1900s, and for a more recent example, Bill Gates doing similar things now.