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strongsad
· 3 weeks ago
· FIRST
Whenever they say "eat the rich", they only mean richer than they are.
3
oppailoli
· 3 weeks ago
Good catch
1
debbidownr
· 3 weeks ago
No billionaires. If we bail out companies and give multi-year tax relief to businesses and individuals who declare bankruptcy, then we should likewise put a cap the other way. It's true that the person involved may not have themselves declare bankruptcy, but we all bear the cost of government bails so that doesn't matter. All these incentives to ensure a success story for a very small group of people is not a good use of money. Either we don't let companies get big enough to cause damage or we do but ensure no individual has a net worth over $1b. It's perverse to insist that it's overregulation and meddling when it's adjusting one way but not the other. That puts the burden of expense on people who never put themselves in a position of bankruptcy and who won't see any profit if one of the dozens of gambles pay off. No one needs more than $1b, ever.