Post #2622989

2026-01-19 01:14 UTC

Yeah, so this is the part where the market regulates itself? Y'know, the part where ultra billionaires just dump money by the boatloads to buy up stuff that everyone needs? Capitalism will ONLY work if we put hard caps on how much wealth a single person can hoard. Billionaires shouldn't exist. Millionaires shouldn't exist. There is no need for them and there is no human right somewhere that says that you really van become one. Any wealth over 1 million should be taxed 100%, doesn't matter the country. With that, we can say goodbye to hundreds of problems that plague the world, including this one

Replies (6)

@Ilovethebomb@sh.itjust.works 2026-01-19 01:35

This platform is so incredibly out of touch with reality, especially the more left leaning side of things. A millionaire these days just means you've paid off your mortgage and have a decent amount put away for retirement.

Open ##2623058
@anon_8675309@lemmy.world 2026-01-19 03:30

A million ain’t what it used to be. You want to retire so you need to invest. You don’t want to pass laws that make that impossible.

Open ##2623059
@RamRabbit@lemmy.world 2026-01-19 03:01

Any middle-class person who puts their mind to it will become a millionaire. It involves living below your means, not buying cars constantly, and investing your money for decades. I can't stress enough how big of a difference those things make. A huge portion of retirees are millionaires because they were responsible and didn't blow all their money. > Millionaires shouldn’t exist. Why would you want responsible, middle-class retirees to blow their money instead? Why would you force them into a situation where they have to rely on others in their retirement rather than living comfortably off their own hard work?

Open ##2623060
@Bronzebeard@lemmy.zip 2026-01-19 17:39

> Any wealth over 1 million So you don't understand the value of money, got it. This isn't even a decent retirement anymore. And that's if it's all invested assets. Not even including the absurdity of housing values these days. You can only pull 35-40k from that without hitting the principal. You can reach 1 million in assets over a decade or so as a middle class worker. Stop drawing your lines in the sand through your fellow workers! You kill any support you might have with this idiotic crab in a bucket mentality.

Open ##2623061
@iopq@lemmy.world 2026-01-19 06:52

My dad's house that he bought in 2006 is worth over 1 million, how do you tax that

Open ##2623062
@athatet@lemmy.zip 2026-01-19 11:25

“Capitalism will ONLY work…” It really won’t.

Open ##2623063