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Billionaires
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By *oofy321 OP Man
over a year ago
moon base zero |
Should the amount of personal wealth be capped for billionaires?
Who needs that amount of money? Cap them at 500 million and use the rest to fix hospitals, schools, poverty etc.177 billionaires live in the UK
177 x 500 million would be 88 billion to help fix the UK
Just thinking x |
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By (user no longer on site)
over a year ago
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"I don’t think this will go down well in these forums
Why? There is only 2 billionaires in the forums "
The rest are doing that show, secret billionaire. That’s why you don’t know. But there’s loads   |
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By *oofy321 OP Man
over a year ago
moon base zero |
"I don’t think this will go down well in these forums
Why? There is only 2 billionaires in the forums
And me and him are pissed at this suggestion!  "
You outted yourself and I wont reveal wonko is the other one |
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"Should the amount of personal wealth be capped for billionaires?
Who needs that amount of money? Cap them at 500 million and use the rest to fix hospitals, schools, poverty etc.177 billionaires live in the UK
177 x 500 million would be 88 billion to help fix the UK
Just thinking x"
Nobody *needs* £1m, but if they worked hard in their respective fields, or had the foresight to exploit a legal and morally sound opportunity, more power to them.
It’s their money and they can do whatever they want with it.
It is a travesty none have given me a handout, but I’ve made my peace with that.
Could they consider building hospitals and prisons? Yes, of course. But remember - a lot of their wealth isn’t real money. It’s ‘worth’ not wealth. |
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And another thing!  Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes. |
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By (user no longer on site)
over a year ago
|
"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes."
I just don’t think it makes it ok for anyone to have that much money.
Pretty much every millionaire or billionaire is so as a result of exploitation of others. |
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By (user no longer on site)
over a year ago
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If it's 'worth' not 'wealth' it isn't 'their money'. It's promises and hope.
And that's the weird world we're in. People can be unbelievably rich with money that doesn't exist on the basis that maybe in the future it might. |
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"If it's 'worth' not 'wealth' it isn't 'their money'. It's promises and hope.
And that's the weird world we're in. People can be unbelievably rich with money that doesn't exist on the basis that maybe in the future it might."
8% of the worlds wealth is physical cash. Mental |
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"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes.
I just don’t think it makes it ok for anyone to have that much money.
Pretty much every millionaire or billionaire is so as a result of exploitation of others. "
Ah the good old sweeping statement of which I’m so fond. How do you know? According to Forbes, there are more than 15 million millionaires in the world. Presumably you haven’t looked into the business affairs of more than 10m of them? |
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If you cap allowable wealth you also restrict entrepreneurship. Billionaires build businesses which in many cases provide a lot of employment amongst other things. Those employed by Billionaires then pay tax on their income, vat on purchases made and in turn provide employment to others. |
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By (user no longer on site)
over a year ago
|
"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes.
I just don’t think it makes it ok for anyone to have that much money.
Pretty much every millionaire or billionaire is so as a result of exploitation of others.
Ah the good old sweeping statement of which I’m so fond. How do you know? According to Forbes, there are more than 15 million millionaires in the world. Presumably you haven’t looked into the business affairs of more than 10m of them?"
The very nature of capitalism and the history of capitalism is quite literally that profit is made from exploitation? Historically too, how many western, particularly British families do we know are extremely wealthy off of the exploitation of people of colour and their labour? It’s an assessment I’ve made based on the fact that capitalism is, in its nature, explorative. A fair generalisation to make, no? |
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By *oofy321 OP Man
over a year ago
moon base zero |
"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes."
I think 500 million is enough to spend on houses and the like |
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"Money envy is a very British thing...
How so?
"
It's less prominent in most other countries, where instead of envy they applaud success.
In this country it's almost seen as a crime to be successful and wealthy. |
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"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes.
I just don’t think it makes it ok for anyone to have that much money.
Pretty much every millionaire or billionaire is so as a result of exploitation of others. "
I think you're vasty overestimating what it takes to become a millionaire |
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By (user no longer on site)
over a year ago
|
"Money envy is a very British thing...
How so?
It's less prominent in most other countries, where instead of envy they applaud success.
In this country it's almost seen as a crime to be successful and wealthy."
Not sure I've been to one of those countries. Do you have an example?
Inequality is a very British thing. We're masters at it. |
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By (user no longer on site)
over a year ago
|
"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes.
I just don’t think it makes it ok for anyone to have that much money.
Pretty much every millionaire or billionaire is so as a result of exploitation of others.
Ah the good old sweeping statement of which I’m so fond. How do you know? According to Forbes, there are more than 15 million millionaires in the world. Presumably you haven’t looked into the business affairs of more than 10m of them?
The very nature of capitalism and the history of capitalism is quite literally that profit is made from exploitation? Historically too, how many western, particularly British families do we know are extremely wealthy off of the exploitation of people of colour and their labour? It’s an assessment I’ve made based on the fact that capitalism is, in its nature, explorative. A fair generalisation to make, no? "
Exploitative * it is arguably explorative too lol but not the point I’m making.
Rereading this I’m actually being generous to the power relationships that create profit and thus millionaires and billionaires. |
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By (user no longer on site)
over a year ago
|
Zero.
People like Elon Musk and Jezz Bezos are the scourge of modern society. That prick Musk could solve world hunger, and clean water for the poorest in society spending pocket change, but he chooses to use all his wealth to fly fucking rockets to Mars.
Cretins the lot of them. |
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No, it shouldn't be capped, if someone's grafted Thier entire lives, made savvy buisness decisions, invested wisely and put a tell of a lot of work into something.... Why on earth should Thier wealth be capped? |
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By *hilloutMan
over a year ago
All over the place! Northwesr, , Southwest |
It's a complex question with no clear answer. If we admit to living in a free society, then people should be free to accumulate as much wealth as they can provided it is done so in a legal manner.
Does someone need 500 million to live well and comfortably? Absolutely not. Could / should that excess wealth be used for more altruistic means? Probably.
If a hard limit is imposed then you transition to a collectivist society akin to communism. Some societies might have more affinity for this system.
I don't think a top down imposition would work in western society. |
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By (user no longer on site)
over a year ago
|
"No, it shouldn't be capped, if someone's grafted Thier entire lives, made savvy buisness decisions, invested wisely and put a tell of a lot of work into something.... Why on earth should Thier wealth be capped?"
Yeah! Fuck the poor! Fuck them again and again and again and again! |
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"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes.
I just don’t think it makes it ok for anyone to have that much money.
Pretty much every millionaire or billionaire is so as a result of exploitation of others.
Ah the good old sweeping statement of which I’m so fond. How do you know? According to Forbes, there are more than 15 million millionaires in the world. Presumably you haven’t looked into the business affairs of more than 10m of them?
The very nature of capitalism and the history of capitalism is quite literally that profit is made from exploitation? Historically too, how many western, particularly British families do we know are extremely wealthy off of the exploitation of people of colour and their labour? It’s an assessment I’ve made based on the fact that capitalism is, in its nature, explorative. A fair generalisation to make, no? "
No, it isn’t a fair generalisation to make.
And since you’re now bringing race and sl@very into this, I’m out. |
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By *nkyCplCouple
over a year ago
Northampton |
"No, it shouldn't be capped, if someone's grafted Thier entire lives, made savvy buisness decisions, invested wisely and put a tell of a lot of work into something.... Why on earth should Thier wealth be capped?
Yeah! Fuck the poor! Fuck them again and again and again and again!"
I missed where he said any of that… |
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By *nkyCplCouple
over a year ago
Northampton |
"It's a complex question with no clear answer. If we admit to living in a free society, then people should be free to accumulate as much wealth as they can provided it is done so in a legal manner.
Does someone need 500 million to live well and comfortably? Absolutely not. Could / should that excess wealth be used for more altruistic means? Probably.
If a hard limit is imposed then you transition to a collectivist society akin to communism. Some societies might have more affinity for this system.
I don't think a top down imposition would work in western society. "
Nailed it.
|
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By (user no longer on site)
over a year ago
|
"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes.
I just don’t think it makes it ok for anyone to have that much money.
Pretty much every millionaire or billionaire is so as a result of exploitation of others.
Ah the good old sweeping statement of which I’m so fond. How do you know? According to Forbes, there are more than 15 million millionaires in the world. Presumably you haven’t looked into the business affairs of more than 10m of them?
The very nature of capitalism and the history of capitalism is quite literally that profit is made from exploitation? Historically too, how many western, particularly British families do we know are extremely wealthy off of the exploitation of people of colour and their labour? It’s an assessment I’ve made based on the fact that capitalism is, in its nature, explorative. A fair generalisation to make, no?
No, it isn’t a fair generalisation to make.
And since you’re now bringing race and sl@very into this, I’m out."
Race is invariably linked to the conversation. But sorry I brought it up in the forums AGAIN I guess |
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"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes.
I just don’t think it makes it ok for anyone to have that much money.
Pretty much every millionaire or billionaire is so as a result of exploitation of others.
Ah the good old sweeping statement of which I’m so fond. How do you know? According to Forbes, there are more than 15 million millionaires in the world. Presumably you haven’t looked into the business affairs of more than 10m of them?
The very nature of capitalism and the history of capitalism is quite literally that profit is made from exploitation? Historically too, how many western, particularly British families do we know are extremely wealthy off of the exploitation of people of colour and their labour? It’s an assessment I’ve made based on the fact that capitalism is, in its nature, explorative. A fair generalisation to make, no?
Exploitative * it is arguably explorative too lol but not the point I’m making.
Rereading this I’m actually being generous to the power relationships that create profit and thus millionaires and billionaires. "
Yeah but these are uncomfortable thoughts therefore they're not allowed. Duh |
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By *TG3Man
over a year ago
Dorchester |
"Should the amount of personal wealth be capped for billionaires?
Who needs that amount of money? Cap them at 500 million and use the rest to fix hospitals, schools, poverty etc.177 billionaires live in the UK
177 x 500 million would be 88 billion to help fix the UK
Just thinking x"
agreed i think that would be a great idea although the extremely wealthy would disagree but more money than you could spend in your one lifetime is ridiculous, Elon Musk is American but he has a $175b and carries on inventing new products which are beneficial to the world or not, would the likes of him carry on risking his considerable wealth but for the fact they have money to burn i mean Donald Duck only has $2.8b  |
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By (user no longer on site)
over a year ago
|
"Why should it be capped, it's their personal wealth? "
Because you get dick swinging competitions over fucking Space while human beings still don't have clean drinking water. Granted, it's not their fault but it sure as hell is dystopian and that gap is only due to get wider as the select few try to hoarde the wealth and pull up the ladder that they already climbed. |
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By (user no longer on site)
over a year ago
|
Despite my socialist values, the concept is pants, for lots of reasons. However, a very big one would be how impossible it would be to implement…
Unless it were a global ban, billionaires would simply move themselves to tax havens, such as Monaco. Even if you’re only sitting on a few million that’s worth doing. Entry to the elite Monaco residency club starts from just £500,000… |
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By *oofy321 OP Man
over a year ago
moon base zero |
"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes.
I just don’t think it makes it ok for anyone to have that much money.
Pretty much every millionaire or billionaire is so as a result of exploitation of others.
Ah the good old sweeping statement of which I’m so fond. How do you know? According to Forbes, there are more than 15 million millionaires in the world. Presumably you haven’t looked into the business affairs of more than 10m of them?
The very nature of capitalism and the history of capitalism is quite literally that profit is made from exploitation? Historically too, how many western, particularly British families do we know are extremely wealthy off of the exploitation of people of colour and their labour? It’s an assessment I’ve made based on the fact that capitalism is, in its nature, explorative. A fair generalisation to make, no?
No, it isn’t a fair generalisation to make.
And since you’re now bringing race and sl@very into this, I’m out.
Race is invariably linked to the conversation. But sorry I brought it up in the forums AGAIN I guess"
My thread wasn't on how the money was obtained just a general thought about how much money people need...sorry |
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By *nkyCplCouple
over a year ago
Northampton |
"And another thing! Just consider how much tax these people pay. Not necessarily always income tax, but in stamp duty when they buy houses, vat when they buy cars, planes, yachts, clothes, jewellery etc etc.
It’s unseen, but they are probably ploughing millions into the treasury through taxes.
I just don’t think it makes it ok for anyone to have that much money.
Pretty much every millionaire or billionaire is so as a result of exploitation of others.
Ah the good old sweeping statement of which I’m so fond. How do you know? According to Forbes, there are more than 15 million millionaires in the world. Presumably you haven’t looked into the business affairs of more than 10m of them?
The very nature of capitalism and the history of capitalism is quite literally that profit is made from exploitation? Historically too, how many western, particularly British families do we know are extremely wealthy off of the exploitation of people of colour and their labour? It’s an assessment I’ve made based on the fact that capitalism is, in its nature, explorative. A fair generalisation to make, no?
No, it isn’t a fair generalisation to make.
And since you’re now bringing race and sl@very into this, I’m out."
Easily the best way as soon as it gets brought up bud. |
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By (user no longer on site)
over a year ago
|
"Should the amount of personal wealth be capped for billionaires?
Who needs that amount of money? Cap them at 500 million and use the rest to fix hospitals, schools, poverty etc.177 billionaires live in the UK
177 x 500 million would be 88 billion to help fix the UK
Just thinking xagreed i think that would be a great idea although the extremely wealthy would disagree but more money than you could spend in your one lifetime is ridiculous, Elon Musk is American but he has a $175b and carries on inventing new products which are beneficial to the world or not, would the likes of him carry on risking his considerable wealth but for the fact they have money to burn i mean Donald Duck only has $2.8b "
Elon Musk is South African (and a massive tosspot) |
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By (user no longer on site)
over a year ago
|
"Money envy is a very British thing...
How so?
It's less prominent in most other countries, where instead of envy they applaud success.
In this country it's almost seen as a crime to be successful and wealthy."
I think for some the crime is seen as the inequality that certain levels of wealth reflect and reproduce.
but I think most people in the UK love the notion of meritocracy actually |
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"Despite my socialist values, the concept is pants, for lots of reasons. However, a very big one would be how impossible it would be to implement…
Unless it were a global ban, billionaires would simply move themselves to tax havens, such as Monaco. Even if you’re only sitting on a few million that’s worth doing. Entry to the elite Monaco residency club starts from just £500,000… "
I mean, they're already doing that in large part *shrug*
Paying tax is for us plebs. Who wants a liveable society where everyone has dignity and the opportunity to better themselves and contribute? Pah. |
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By (user no longer on site)
over a year ago
|
"No, it shouldn't be capped, if someone's grafted Thier entire lives, made savvy buisness decisions, invested wisely and put a tell of a lot of work into something.... Why on earth should Thier wealth be capped?
Yeah! Fuck the poor! Fuck them again and again and again and again!"
Being poor is a life choice
Don't condemn those who chose differently |
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"Money envy is a very British thing...
How so?
It's less prominent in most other countries, where instead of envy they applaud success.
In this country it's almost seen as a crime to be successful and wealthy.
I think for some the crime is seen as the inequality that certain levels of wealth reflect and reproduce.
but I think most people in the UK love the notion of meritocracy actually"
Meritocracy would be a good idea if it actually applied. |
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By (user no longer on site)
over a year ago
|
Personally I'm more angry at Shell's profits in recent times.
They're too powerful to be challenged though as are many corporations now.
Governments aren't in a position to make big demands. Similarly if a government tried to place a tax/cap on extravagant wealth the financial system would probably collapse when it transpires the money isn't there.
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By *nkyCplCouple
over a year ago
Northampton |
"Money envy is a very British thing...
How so?
It's less prominent in most other countries, where instead of envy they applaud success.
In this country it's almost seen as a crime to be successful and wealthy.
I think for some the crime is seen as the inequality that certain levels of wealth reflect and reproduce.
but I think most people in the UK love the notion of meritocracy actually
Meritocracy would be a good idea if it actually applied."
Capitalism is a meritocracy…just one you’re not a fan of.
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By (user no longer on site)
over a year ago
|
"
My thread wasn't on how the money was obtained just a general thought about how much money people need...sorry"
Felix and a few others brought up how hard these people worked and why it’s unfair what you suggested. I’m just replying to those things.  |
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"Money envy is a very British thing...
How so?
It's less prominent in most other countries, where instead of envy they applaud success.
In this country it's almost seen as a crime to be successful and wealthy.
I think for some the crime is seen as the inequality that certain levels of wealth reflect and reproduce.
but I think most people in the UK love the notion of meritocracy actually
Meritocracy would be a good idea if it actually applied.
Capitalism is a meritocracy…just one you’re not a fan of.
"
That's adorably naive. |
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By (user no longer on site)
over a year ago
|
"No, it shouldn't be capped, if someone's grafted Thier entire lives, made savvy buisness decisions, invested wisely and put a tell of a lot of work into something.... Why on earth should Thier wealth be capped?
Yeah! Fuck the poor! Fuck them again and again and again and again!
Being poor is a life choice
Don't condemn those who chose differently "
We are now approaching Hell. Please make sure you take all your belongings with you. |
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By (user no longer on site)
over a year ago
|
No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
|
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By *nkyCplCouple
over a year ago
Northampton |
"No, it shouldn't be capped, if someone's grafted Thier entire lives, made savvy buisness decisions, invested wisely and put a tell of a lot of work into something.... Why on earth should Thier wealth be capped?
Yeah! Fuck the poor! Fuck them again and again and again and again!
Being poor is a life choice
Don't condemn those who chose differently
We are now approaching Hell. Please make sure you take all your belongings with you. "
All the cool people are there anyway. |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
"
I know you hate talking about race!
I already apologised for bringing it up though. |
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"Money envy is a very British thing...
How so?
It's less prominent in most other countries, where instead of envy they applaud success.
In this country it's almost seen as a crime to be successful and wealthy.
I think for some the crime is seen as the inequality that certain levels of wealth reflect and reproduce.
but I think most people in the UK love the notion of meritocracy actually"
I disagree. Brits love nothing more than a scandal or to bring someone down a peg or two |
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By *nkyCplCouple
over a year ago
Northampton |
"I bet most of their wealth is just sat in a bank account
So what? It’s their money. Who tells you what you should do with yours?
Calm down dear its just a silly thread "
She was just answering. |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I know you hate talking about race!
I already apologised for bringing it up though. "
I have no issue with a "race" subject being discussed on a thread about that subject.
This was not that thread, so it doesn't need to be discussed.
And before I get accused of being a racist (again) I have a very multi cultural family so I definitely am not!
Enjoy your day everyone!
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"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
"
I'm not a Billionaire because I'm too lazy |
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By *oofy321 OP Man
over a year ago
moon base zero |
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
"
It's amazing where a thread starts and where it goes |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
It's amazing where a thread starts and where it goes"
Always does on here ....  |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I'm not a Billionaire because I'm too lazy "
You should have been the custard billionaire , you missed a trick! |
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"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I'm not a Billionaire because I'm too lazy
You should have been the custard billionaire , you missed a trick! "
That's a very large dairy farm  |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I know you hate talking about race!
I already apologised for bringing it up though.
I have no issue with a "race" subject being discussed on a thread about that subject.
This was not that thread, so it doesn't need to be discussed.
And before I get accused of being a racist (again) I have a very multi cultural family so I definitely am not!
Enjoy your day everyone!
"
I already explained why I brought it up. Because other people were talking about how these people were hardworking to obtain their fortune. So you know, just responding to them.
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people. |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I'm not a Billionaire because I'm too lazy
You should have been the custard billionaire , you missed a trick!
That's a very large dairy farm "
Got nothing else to do with your day ha ha |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
It's amazing where a thread starts and where it goes
Always does on here .... "
Even in my absence was it always going there? Fair play to the people fighting the good fight in my absence.  |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I know you hate talking about race!
I already apologised for bringing it up though.
I have no issue with a "race" subject being discussed on a thread about that subject.
This was not that thread, so it doesn't need to be discussed.
And before I get accused of being a racist (again) I have a very multi cultural family so I definitely am not!
Enjoy your day everyone!
I already explained why I brought it up. Because other people were talking about how these people were hardworking to obtain their fortune. So you know, just responding to them.
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people. "
|
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
It's amazing where a thread starts and where it goes
Always does on here ....
Even in my absence was it always going there? Fair play to the people fighting the good fight in my absence. "
Usually was Brucey that took the threads to the unknown depths whilst you wasn't around.  |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
It's amazing where a thread starts and where it goes
Always does on here ....
Even in my absence was it always going there? Fair play to the people fighting the good fight in my absence.
Usually was Brucey that took the threads to the unknown depths whilst you wasn't around. "
Shout out my brother Brucey
 |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I know you hate talking about race!
I already apologised for bringing it up though.
I have no issue with a "race" subject being discussed on a thread about that subject.
This was not that thread, so it doesn't need to be discussed.
And before I get accused of being a racist (again) I have a very multi cultural family so I definitely am not!
Enjoy your day everyone!
I already explained why I brought it up. Because other people were talking about how these people were hardworking to obtain their fortune. So you know, just responding to them.
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people. "
Thats so nice, maybe they can share some of their wealth with you. |
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"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I know you hate talking about race!
I already apologised for bringing it up though.
I have no issue with a "race" subject being discussed on a thread about that subject.
This was not that thread, so it doesn't need to be discussed.
And before I get accused of being a racist (again) I have a very multi cultural family so I definitely am not!
Enjoy your day everyone!
I already explained why I brought it up. Because other people were talking about how these people were hardworking to obtain their fortune. So you know, just responding to them.
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people.
"
#notall |
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By (user no longer on site)
over a year ago
|
"
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people.
Thats so nice, maybe they can share some of their wealth with you. "
oh don’t worry I can’t wait to inherit it. I’ve grinded my arse off for that inheritance.
What a pleasant interaction. So unusual for us
Really is new year new us x |
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This is one of those subjects where both sides have what sound like great ideas as they explain them but turn out to have significant negative consequences when thought through. I do however believe that our laws should do more to protect the most vulnerable. So here's a list of my ideas that are no doubt wildly impractical.
You're not allowed any profit as a landlord if your properties don't meet certain standards. All profit on all properties for an entire financial year is permanently confiscated if an inspection shows a significant fault or a minor fault isn't rectified in a reasonable time, with the confiscated money used to pay independent insoectors.
No so our supermarket/food processor allowed to make more than 10% profit on any food item. If market value supports a higher retail price the profit must be passed to the producer.
Same 10% profit on all energy sales.
Same 10% on all public transport
Same 10% on all water utilities.
Above 10% cap to be calculated pre dividends and before the top 5% of wages are paid.
Those aside, if you manage to make billions selling cheap shit to people too lazy to walk to a shop then crack on. No one should be raking in cash on property, food, water or energy. Meanwhile, 10% on millions of pounds is plenty of incentive for running a water company or renting your property. |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I know you hate talking about race!
I already apologised for bringing it up though.
I have no issue with a "race" subject being discussed on a thread about that subject.
This was not that thread, so it doesn't need to be discussed.
And before I get accused of being a racist (again) I have a very multi cultural family so I definitely am not!
Enjoy your day everyone!
I already explained why I brought it up. Because other people were talking about how these people were hardworking to obtain their fortune. So you know, just responding to them.
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people.
#notall "
I won’t be accused of hating rich people when I have family members that are rich. That’s crazy talk |
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|
By (user no longer on site)
over a year ago
|
"
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people.
Thats so nice, maybe they can share some of their wealth with you. oh don’t worry I can’t wait to inherit it. I’ve grinded my arse off for that inheritance.
What a pleasant interaction. So unusual for us
Really is new year new us x"
You must have changed !
Having a birthday clearly done wonders for you. |
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By (user no longer on site)
over a year ago
|
"
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people.
Thats so nice, maybe they can share some of their wealth with you. oh don’t worry I can’t wait to inherit it. I’ve grinded my arse off for that inheritance.
What a pleasant interaction. So unusual for us
Really is new year new us x
You must have changed !
Having a birthday clearly done wonders for you. "
Well what’s that thing about getting older and wiser?  |
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"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I know you hate talking about race!
I already apologised for bringing it up though.
I have no issue with a "race" subject being discussed on a thread about that subject.
This was not that thread, so it doesn't need to be discussed.
And before I get accused of being a racist (again) I have a very multi cultural family so I definitely am not!
Enjoy your day everyone!
I already explained why I brought it up. Because other people were talking about how these people were hardworking to obtain their fortune. So you know, just responding to them.
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people.
#notall
I won’t be accused of hating rich people when I have family members that are rich. That’s crazy talk"
You're not richist, you have rich friends! |
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|
By (user no longer on site)
over a year ago
|
"
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people.
Thats so nice, maybe they can share some of their wealth with you. oh don’t worry I can’t wait to inherit it. I’ve grinded my arse off for that inheritance.
What a pleasant interaction. So unusual for us
Really is new year new us x
You must have changed !
Having a birthday clearly done wonders for you.
Well what’s that thing about getting older and wiser? "
Few more and you'll catch up with the rest of us!
Enjoy your day!
|
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By (user no longer on site)
over a year ago
|
Many billionaires have committed to redistributing their wealth in their lifetimes. I’m thinking particularly of Bill Gates, who made a legitimate fortune through sound business knowledge and being in the right place at the right time. Not only has he convinced many of his kind to do the same, his foundation is heavily involved in eradicating disease in the world.
I note an earlier comment about Elon Musk and his funding of space research. I’ve no idea where he stands on charitable endeavours, but he is employing thousands across all his business enterprises.
Ad an example, the Indian government funds a large space research sector, yet has starvation and children living on the streets homeless.
Not all billionaires are bastards, not all governments are saints. |
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By (user no longer on site)
over a year ago
|
"
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people.
Thats so nice, maybe they can share some of their wealth with you. oh don’t worry I can’t wait to inherit it. I’ve grinded my arse off for that inheritance.
What a pleasant interaction. So unusual for us
Really is new year new us x
You must have changed !
Having a birthday clearly done wonders for you.
Well what’s that thing about getting older and wiser?
Few more and you'll catch up with the rest of us!
Enjoy your day!
"
Thank you. You too |
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By (user no longer on site)
over a year ago
|
"No, if that's the amount of money that person has then its up to them what they do with it.
Anyone in the world can be a billionaire, skin colour has nothing to do with the original question the OP asked but yet again gets dragged into the conversation again, and again and again and again and again and again and again and again and again and again and again.
Yes it gets boring!
I know you hate talking about race!
I already apologised for bringing it up though.
I have no issue with a "race" subject being discussed on a thread about that subject.
This was not that thread, so it doesn't need to be discussed.
And before I get accused of being a racist (again) I have a very multi cultural family so I definitely am not!
Enjoy your day everyone!
I already explained why I brought it up. Because other people were talking about how these people were hardworking to obtain their fortune. So you know, just responding to them.
I love that you have a multicultural family. I have rich family members just in case anyone was going to accuse me of disliking rich people.
#notall
I won’t be accused of hating rich people when I have family members that are rich. That’s crazy talk
You're not richist, you have rich friends!"
don’t tell them that!!! |
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By *bi HaiveMan
over a year ago
Forum Mod Cheeseville, Somerset |
It would take a thousand years to spend £1 billion at £1 million a year.
Most people will earn around £ 1 million in their working lives and yet still manage to live a happy and content existence.
Given the average lifespan is around 80 years, then the simple maths shows that even if someone was to spend (note spend, not earn) £1 million a year each year of their lives then they'd die with £920 million left to spend.
That statistic alone makes me depressed. Nobody needs that level of wealth. If you can't exist on £1 million a year then you need to give your head a serious wobble.
A |
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"No, if they have earned their money it's theirs, no one should have any say on what they spend it on.
Mrs
"
The issue with that is in your use of the word "earned"
There are of course a wide range of views on its meaning but I'm sure most would agree that a shop worker doesn't "earn" a wage of millions a year, a person who re- mortgages their house to start a thriving business on the other hand most would agree has the right to say they've earned a far higher income. The issue is when people believe that any individual can possibly have some special talent or ability that earns them vast sums of money. Let's say I get lucky and someone gifts me a large unprofitable steel works. Through hard work, clever ideas and and at personal financial risk 'I' turn the business around and it starts making millions a year. Is it fair that I continue to pay my workers the same whilst paying myself millions in the belief that all the profit is created by me or do I recognise that part of the turnaround has come about due to staff cut backs meaning the staff I have now work harder and share some of the profits with them? Do I recognise the fact that investing in new tech has made the process cheaper and Thetford sell my product for less or do I have quiet little chats with the bosses of other steel suppliers and agree to keep the price high and pocket the money thus making millions off the brains of cleverengineers that actually "earned" my profits?
The reality is it is impossible to earn billions. Anyone getting this money is employing thousands and thousands of people who are all working hard to generate that profit yet somehow we convince each other that the person at the top is the only one actually earning it, the rest are just doing their jobs. This is why we need laws. Capitalism has massive benefits - it has arguably been the single biggest driver in the improvement of living standards in human history but it needs boundaries. Without these we go back to a world of haves and have not with unscrupulous people able to exploit and abuse others. |
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By *rHotNottsMan
over a year ago
Dubai & Nottingham |
"Should the amount of personal wealth be capped for billionaires?
Who needs that amount of money? Cap them at 500 million and use the rest to fix hospitals, schools, poverty etc.177 billionaires live in the UK
177 x 500 million would be 88 billion to help fix the UK
Just thinking x"
You will find most very successful people give away most of those wealth as money doesn’t interest them , bill gates etc.
Basically these people object to governments telling them what to do especially when they usually know how to solve the worlds problems better than the governments.
Hospitals and schools can’t be fixed with money , it’s the people that use them need fixing |
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"Should the amount of personal wealth be capped for billionaires?
Who needs that amount of money? Cap them at 500 million and use the rest to fix hospitals, schools, poverty etc.177 billionaires live in the UK
177 x 500 million would be 88 billion to help fix the UK
Just thinking x"
Tell me you know absolutely nothing about fiscal matters without telling me…. |
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By *nkyCplCouple
over a year ago
Northampton |
"Envy is a horrible trait
I’m envious as fuck.
Being envious of attention your wife gets doesn't count
Oooft cut me deep man. 
Oh don't cry, I'm in the same position "
Doing the best I can to scupper her chances by being a forum regular now. |
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"Envy is a horrible trait
I’m envious as fuck.
Being envious of attention your wife gets doesn't count
Oooft cut me deep man.
Oh don't cry, I'm in the same position
Doing the best I can to scupper her chances by being a forum regular now."
I reckon I've blown at least 1000 chances |
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By *nkyCplCouple
over a year ago
Northampton |
"Envy is a horrible trait
I’m envious as fuck.
Being envious of attention your wife gets doesn't count
Oooft cut me deep man.
Oh don't cry, I'm in the same position
Doing the best I can to scupper her chances by being a forum regular now.
I reckon I've blown at least 1000 chances "
Give a mean blowjob then? |
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By (user no longer on site)
over a year ago
|
We either accept we live in a Capitlist society or not. With all it flaws and benefits or we change it.
The problem is our current system isn't truly capitalist. Its Socialism for the rich and capitalism for the poor.
https://en.m.wikipedia.org/wiki/Socialism_for_the_rich_and_capitalism_for_the_poor#:. |
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"Envy is a horrible trait
I’m envious as fuck.
Being envious of attention your wife gets doesn't count
Oooft cut me deep man.
Oh don't cry, I'm in the same position
Doing the best I can to scupper her chances by being a forum regular now.
I reckon I've blown at least 1000 chances
Give a mean blowjob then?"
No gag reflex |
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By *nkyCplCouple
over a year ago
Northampton |
"We either accept we live in a Capitlist society or not. With all it flaws and benefits or we change it.
The problem is our current system isn't truly capitalist. Its Socialism for the rich and capitalism for the poor.
https://en.m.wikipedia.org/wiki/Socialism_for_the_rich_and_capitalism_for_the_poor#:."
If it’s on wiki then it’s definitely a fact… |
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I'm a firm believer of what you earn you should keep but definitely shouldn't be taxing anyone under the 30 grand bracket for a start. 150 odd for tax and 100 odd for NI which is a fucking farce because I need 3 phones to get a fucking appointment |
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I'm kinda ok with billionaires...it's not all money sitting in a bank account it's holdings in companies etc.
But what I do object to is wealth not being taxed at the same rate as income and the tax loopholes afforded to the very richest. |
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Just read a news story that the water companies have apologised for the amount of raw sewage they've been pumping into rivers and the sea for years and promised to sort it out but it will mean a rise in bills. For the last decade the companies in England have paid an average of £2 billion per year to share holders. Those of you saying that we shouldn't tax money from people's wise investments, so you believe this is fair? Do you honestly believe we should be allowing people to amass large amounts of private wealth by investing in companies that we all know have been failing to do their job and making people very ill? Do you believe that having amassed this wealth they shouldn't have it taxed and instead each and everyone of us should have to pay to to replace it so the companies can do what they should have already done? |
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By (user no longer on site)
over a year ago
|
"We either accept we live in a Capitlist society or not. With all it flaws and benefits or we change it.
The problem is our current system isn't truly capitalist. Its Socialism for the rich and capitalism for the poor.
https://en.m.wikipedia.org/wiki/Socialism_for_the_rich_and_capitalism_for_the_poor#:.
If it’s on wiki then it’s definitely a fact… "
Yes just like Facebook |
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"No, if they have earned their money it's theirs, no one should have any say on what they spend it on.
Mrs
"
They exploit the labour of other people, crush their competitors through fair means or foul, use their money to get political favours, etc etc
They don't get up and put in a hard honest shift billionaring. |
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By *adCherriesCouple
over a year ago
Cheshire/Northwest |
Seriously how would that even work or make sense?
We can't even get international companies to pay the correct tax, let alone dictate someone's wealth.
All you would do is scare off any wealth to other countries- hence no businesses or tax or economy.
Most wealthy individuals donate alot to charity.
|
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By (user no longer on site)
over a year ago
|
"Should the amount of personal wealth be capped for billionaires?
Who needs that amount of money? Cap them at 500 million and use the rest to fix hospitals, schools, poverty etc.177 billionaires live in the UK
177 x 500 million would be 88 billion to help fix the UK
Just thinking x"
All they would do is leave the country and take their money with them. |
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The world is extremely strange. Why have a Euro lottery With 180 million jackpot when I'm sure 180 people would be very happy with 1 million pounds each or even 1800 people with 100,000. What I could do with £ 100K. Why does it have to be a such a ridiculous amount of money that when most people win it say it didn't make them happy. |
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By (user no longer on site)
over a year ago
|
"The world is extremely strange. Why have a Euro lottery With 180 million jackpot when I'm sure 180 people would be very happy with 1 million pounds each or even 1800 people with 100,000. What I could do with £ 100K. Why does it have to be a such a ridiculous amount of money that when most people win it say it didn't make them happy."
The voice(s) of simplicity and reason!
A career in politics beckons! |
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"The world is extremely strange. Why have a Euro lottery With 180 million jackpot when I'm sure 180 people would be very happy with 1 million pounds each or even 1800 people with 100,000. What I could do with £ 100K. Why does it have to be a such a ridiculous amount of money that when most people win it say it didn't make them happy.
The voice(s) of simplicity and reason!
A career in politics beckons!"
I think Sydney etc might have a bit of dirt on me by now mate |
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By (user no longer on site)
over a year ago
|
"Should the amount of personal wealth be capped for billionaires?
Who needs that amount of money? Cap them at 500 million and use the rest to fix hospitals, schools, poverty etc.177 billionaires live in the UK
177 x 500 million would be 88 billion to help fix the UK
Just thinking x
All they would do is leave the country and take their money with them."
The fact is a lot of wealthy people already take their wealth and hoard it overseas in tax havens. But still have fixed asset cash cows in this country that they can't move or would become worthless if moved.
|
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I think you should be allowed to earn whatever you earn - what you shouldn’t be allowed to do is avoid paying the tax you are due to pay by exploiting loopholes in the taxation system and sending funds offshore and all the other ducks and dives some of them employ. Pay your fucking taxes - you’ve got it play your part in society like someone with a conscience. If everyone paid the tax they are due we would be a-lot better off - maybe change the system to tax people before they get a chance to pump it into every scheme available. I don’t know how - im not an expert. Someone will though! |
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"The world is extremely strange. Why have a Euro lottery With 180 million jackpot when I'm sure 180 people would be very happy with 1 million pounds each or even 1800 people with 100,000. What I could do with £ 100K. Why does it have to be a such a ridiculous amount of money that when most people win it say it didn't make them happy."
You don't get to keep all of what you win as it's taxed, I wouldn't be happy about that either |
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By (user no longer on site)
over a year ago
|
"The world is extremely strange. Why have a Euro lottery With 180 million jackpot when I'm sure 180 people would be very happy with 1 million pounds each or even 1800 people with 100,000. What I could do with £ 100K. Why does it have to be a such a ridiculous amount of money that when most people win it say it didn't make them happy.
The voice(s) of simplicity and reason!
A career in politics beckons!
I think Sydney etc might have a bit of dirt on me by now mate "
That doesn’t present a problem to most who enter politics! |
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"The world is extremely strange. Why have a Euro lottery With 180 million jackpot when I'm sure 180 people would be very happy with 1 million pounds each or even 1800 people with 100,000. What I could do with £ 100K. Why does it have to be a such a ridiculous amount of money that when most people win it say it didn't make them happy."
I allways say this x |
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"The world is extremely strange. Why have a Euro lottery With 180 million jackpot when I'm sure 180 people would be very happy with 1 million pounds each or even 1800 people with 100,000. What I could do with £ 100K. Why does it have to be a such a ridiculous amount of money that when most people win it say it didn't make them happy.
You don't get to keep all of what you win as it's taxed, I wouldn't be happy about that either "
According to the official euromllions website the winnings are not subject to tax |
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"The world is extremely strange. Why have a Euro lottery With 180 million jackpot when I'm sure 180 people would be very happy with 1 million pounds each or even 1800 people with 100,000. What I could do with £ 100K. Why does it have to be a such a ridiculous amount of money that when most people win it say it didn't make them happy.
You don't get to keep all of what you win as it's taxed, I wouldn't be happy about that either
According to the official euromllions website the winnings are not subject to tax"
Sorry I meant you pay tax on any interest you make or when you give large amounts to friends and family |
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By (user no longer on site)
over a year ago
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The live in a different world, if any laws are brought in that would change their financial circumstances they would take all of their money out of which ever Country they had it in , they are not in the business of making it so other people can take it away for nothing. |
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"The world is extremely strange. Why have a Euro lottery With 180 million jackpot when I'm sure 180 people would be very happy with 1 million pounds each or even 1800 people with 100,000. What I could do with £ 100K. Why does it have to be a such a ridiculous amount of money that when most people win it say it didn't make them happy.
You don't get to keep all of what you win as it's taxed, I wouldn't be happy about that either
According to the official euromllions website the winnings are not subject to tax"
True, you've already paid tax as part of your stake money. |
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