The first and biggest problem with this analysis if the fact that billionaires don't have all of theit wealth in cash.

I think the employees at Amazon did a little of the work it took to make Jeff so rich, yet Amazon did everything in it's power to scare employees to vote against a union. Jeff Bezos does not "work" that much harder than everyone else. He just exploits labor and sellers by forcing them to reduce the costs of their products so they make a minimum amount of profit and can't pay their employees well, while also not compensating Amazon employees for the wealth their labor generates and maintaining a serious injury rate that is almost three times higher the industry standard. Exploitation of labor, that is how these people make their money, the line about hard work is a little worn out when your own employees bust their asses for minimal compensation.

~Now imagine what we could do with all the money the Catholic Church sits on

Collectively, consumers and employees have a lot of power. If consumers stopped supporting those companies, and workers stopped working until they got better pay and working conditions, then that would be a step in the right direction. Of course, consumers are not likely to stop supporting those companies, and if workers did protest, then the rich companies would just find desperate workers elsewhere. It's a broken system.

Also understand how things are taxed. For example, if you earn 50K in whatever currency, your first 15K will be taxed at, say, X rate; the earnings from 16K-30 K at X-plus-two%; 30-50 K at X-plus-four%.... by the time you hit a million a year, that 40% is only tax rate on, say, the last 200K earned ------ the math isn't as easy as a bumper sticker makes it sound. TAX EXTREME HIGH INCOMES. They'll still be million/billionaires, but the rest of us might get a chance at education and healthcare!

A very Western and flawed way of looking at global problems like hunger and poverty. You can not just throw money at those problems to make them disappear. Hunger and poverty are the end result of underlying issues in education and social structure. Giving everyone enough money to buy food will not solve anything. Use your stimulus check to educate yourself and then actually become part of the solution instead of blaming "the rich" for not trying to solve it by simple throwing their money into the hands of the "common people". A good amount of those Fortune 500 actually continuously reinvest their wealth into projects that help spearhead humanity as a whole forward.

These wealth disparities are RiDiCuLoUs

If people would just stop buying from the big techs, this would be solved. We are at fault too for always wanting more and upgrading things, when you really don't need it.

The sad thing is we dont need to tax them more , we just need them to pay tax in the first place , as with all the rich they use loopholes to pay as little as they can in taxes while we pay our fair share , it needs to change

The real problem here is that our current economic system works this way and every human being in it is just a small screw in a huge machine. These bazillionaires couldn't get rid of all their money if they tried to. The interest rate alone is so high for them, they are getting richer quicker than they can spend. Meanwhile people on the other end have no way out of poverty.

This is what's wrong with people today. so ignorant of how anything really works! You could tax every billionaire at 100% and it would only pay for the US government for a few days! We don't have a low tax rate problem, we have a big bloated government problem!

Everyone on BP seems to be super in love with the work of Disney Studios. How much money do you think their executives make?

Nobody got rich by being nice

And yet, not a damn thing will be done.

Umm, the "wealth" you are talking about here is simple paper wealth, it doesn't mean that the company or the individual has that amount with him, if you do careful research you'll be surprised to find that these billionaires rarely have cash or equivalents assets of more than a few millions. The figures that have been showcased as simply speculative since if they try to sell all their shares (which is their major source of wealth/net worth) the prices of the stocks would simply crash and hardly return a percent of the current price.

nothing will ever change lol...you will keep complaining on www, they will keep making money...utopia can not exist, ffs...you take money from them...there will be others who will take advantage of the new "system" and make money lol...and then if you give money to everyone...they will spend it buying s**t stuff and gambling cos thats all the education they have...so the money would go back lol...it cant possibly work lol

What has Jane Chung done for the poor? Lets show how frivolous she is when the cost of her haircut could feed a village for a week

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I don't see any problem in people having a bit more. If they're smarter, if they work harder, even if they just are lucky - I see no problem. The problem starts where someones benefit is paid for by a greater disadvantage of someone else, who usually has no say in any of it at all. And ... being THAT rich is just obscene. You should be obligated (by society and acceptance, maybe that even is better than by the law) to invest a large portion of that enormous wealth into ending global problems. In fact, keeping people in poverty and out of basic human rights slows down the process of further civilization, which of course isn't even close being completed - we're just entering the first phase of true reevaluation I think ... at least, we should. Before it's too late.

I asked Alexa how much Jeff Bezos is worth, and I was sickened by the figure!

https://m.facebook.com/story.php?story_fbid=5790544704289752&id=100000028405260

The comment by a 'Roman AB' above is the only one that holds water. Dana etc. were founded by individuals with zeal, genius and strong desire to become somebody, most of them in hardly conducive environment. Wealth redistribution 'just because it's unfair' has failed its zealots more than once, check modern history examples. Taxes should be revised to, first of all, ensure proper education for maximum possible number of people. This is the only way out. The economic landscape has changed quite substantially for the past three decades indeed. This can be attributed to new technologies and new riches created by them. But then again, there's the question of us on the other side of Internet miracles. We avidly buy everything we're fed. In very real terms, you can't have an apple (Apple?:) and eat it. And if you gladly buy, they'll make more of it today and devise even better bait for tomorrow.

I'm all for creative people developing something to help out people in life, and making money with it. But the issues are always......how much money is TOO much? And what position does the money come into play in the persons life? ----------- Millionaires and billionaires are rich for a reason. But, depending on that reason, will depend on how people see their wealth. ........... 2 examples: Jeff Bezos started an online mall for sellers to sell their products and services. He made billions off of a simple idea. But, what does he DO with that money? He really didn't create anything, as online malls were already available. He just took it one step further. It's not like he's making billions a year off of life saving medical devices that he created, or anything like that. So, in this regard, his finances and money are always in question. He's made billions off the public and their businesses and their customers....but what does he DO with that money? Help the homeless?

Tax the rich!

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Taxing the rich...won't work. It's just going to make all the rich flee the country. It's what happened in Sweden: they taxed the rich, and they all ran away, including the IKEA founder and Bjorn Borg, the tennis player.

Some of these guys try to help. I am from Africa and some people - stupid naysayers I must add - are against the Gates-Melinda foundation saying that these guys are agents of the devil. The Foundation has been on the forefront fighting against malaria and Covid (I think) and all people see is their atheism. My point is even if these guys gave up all their money, some people will just cook some controversies about them. Plus, I doubt handouts are the way to eradicate poverty. Instead of hating on someone's luck learn to live with what you've got. Because let's face it most of these billionaires won't be even thousandaires if they lived a million lifetimes - they are billionaires by chance.

So.... What you are saying is that: Billionaires are Evil because they are living the American Dream? Also, are you suggesting that life should be fair?

If you held onto anything else the way these people hold onto their money, you'd be on an episode of Hodarders so fast.