billionaires
money comes from somewhere
hardworking taxpayers
build back better bill
footing the bill
Am I Seeing This Wrong? Are Billionaires ABOVE the Laws of Economics?
@mythociate (21437)
Oklahoma City, Oklahoma
November 19, 2021 9:47am CST
You've heard about this Build Back Better Bill (part-of-which is a signed 'legality')--about 'all this money that the government is budgeting for Building Back Better (I think the picture shows 'what that means')--but I'm puzzled.
They say 'there's a provision to tax the billionaires,' and think that '"that solves it."
House Minority Leader Kevin McCarthy did a faux (because they can't actually do them anymore) filibuster, in which he said "The hard-working taxpayer was going to have to foot the bill for it," to which THE LAST WORD's host Lawrence O'Donnell retorted 'You mean The Billionaires, whose incomes YOU are protecting!'
"Oh really, O'Donnell?" I responded (the way sports-fans at home YELL at refs who make the wrong call. "Where do you think the billionaires get their money from? Do you think we non-billionaires totally avoid paying taxes by naming the billionaire who owns the company that sells us our food & health-products & housing etc.?"
(I know/imagine that O'Donnell's a non-billionaire too, but ... he talked about this bill like it doesn't affect him.)
That is how 'the hardworking taxpayer' will foot the bill! ... or did anyone ever disprove the theories of J.M. Keynes? https://archive.org/details/collectedwriting0000keyn/page/n3/mode/2up?view=theater
2 people like this
2 responses
@RebeccasFarm (86996)
• United States
19 Nov 21
Good for you for voicing that.
Well done, and yes, we can't win with this or any other of their shenanigans in Washington DC
1 person likes this
@sabtraversa (13101)
• Italy
19 Nov 21
As if billionaires need politicians to protect their income, that's so funny! They can always move to another country if taxes are too high. Well, yours is the best and most likely case scenario.
Unfortunately we live in a society where most of the time people don't trust each other, and that makes them greedy. I wouldn't blame billionaires for not trusting how the goverment is going to spend their money (I'm reluctant at paying taxes and am no billionaire, go figure). Besides, it takes more than money to solve some problems. And money is not real wealth either.
At least they're investing a lot into education and research, that sounds nice. Again, you don't really know what type of education and research that is, but I appreciate the effort. 
@mythociate (21437)
• Oklahoma City, Oklahoma
23 Nov 21
My point is that--since the legislation WILL take this money from the billionaires--the billionaires WILL take it out of us (and our children & our children's children ... which is why Senator Manchin's against it).
1 person likes this
@sabtraversa (13101)
• Italy
23 Nov 21
@mythociate Yeah, I got your point, the one I defined as the best and most likely case scenario. It ends up being an indirect way of taxing products, by taxing the producer. Or they might even pay less in wages to not lose the revenues. Whatever, billionaires will always find a way to not lose their wealth.
Yet, it's still taxes, money that is supposed to be invested for the wellness of each and every citizen. We should be proud and happy to pay taxes. 
1 person likes this
