Rich have too much

[TheGreatPython]

Why do you want the riches of others?
You could get out of poor by developing your skills and working hard.
The richest men of today and of all time were not born in a bed of gold they worked hard to make their dream come true, they persisted and they achieved it.
If you focus on your goals and work hard for it. You would not notice your poverty because you will be rich in ideals to fulfill.
Happiness does not come from wealth, it comes ready to enjoy every day of your life.

Technically speaking there is a finite amount of money, sure it gets more and more over time but there is a set amount at any given time, when you get richer people do not create money out of thin air to make you rich. Which means if you want to get super rich, have 1+ billion dollars, that means that money should come from somewhere and more often than not, super rich people do not share money with others and make them richer, usually those richer people become richer by getting smaller amounts for a lot of people.

This is why I think it is obvious that poor people should want money from rich people, that is how it works, there is no other way, if you want rich people to get richer by not hurting other people that would be fine, but since that doesn't exist this is why rich people should pay super high taxes so that they could end up helping people somehow.

[0xBitcoins]

It is not all about money, it just looks like those people with fortunate life or those rich people became good at laws just because of knowledge and not of money. If you have good knowledge then there would be no problem in terms of that thing because knowledge is always the asset for every aspect of our lives.

I agree with you that knowledge is very important, but we need to be objective here. There are a lot of smart people who are not rich. Most university professors have a lot of knowledge and are smart but are definitely not rich. The salary for the professors is very small for what they could be earning in industry jobs. Also there is a lot of rich families who are rich because their grand parents and so on. So there will also be some dumb people who are fairly rich.

There is a correlation between smart but also unethical but also smart and not wanting, there are different types of smart. So, you need to be "smart to be rich" but you do not need to be "rich to be smart" which means almost all rich people are some sort of smart, not academics smart maybe but still some type of smart, also there are some people who are smart but unethical like Jeff Bezos who doesn't pay a single cent in federal taxes and his workers are paid so little and works so hard that they do not even have a proper bathroom breaks and apply for food stamps that is paid by federal government, so basically amazon costs money to tax payers, just so Jeff Bezos gets richer.

But there are people who found some cancer treatment and got rich, maybe not Jeff Bezos rich but still rich, those deserved it and they are ethical as well and also smart. Basically rich people are always some type of smart, even if not academic type of smart it would still be smart.

[paxmao]

The Capital in the XXI Century by Thomas Piketty core thesis is that the natural tendency for the capital is to concentrate into a few hands unless legislative provisions are made to avoid it. Also, along with it, come social unrest and the rise of extremisms such as Nazism or Communism.

"The Rich" do have "too much" at this point in time and that is showing in the social unrest in non-democratic countries and the type of parties and leaders elected in those that are democratic.

[Sithara007]

There is no point in getting jealous about the rich. People like Bezos and Musk are self made billionaires. They worked really hard to become rich, and in the due process they made a lot of people rich as well. If you had invested in the Tesla or Amazon stock in the early days, then you too would have become rich and this post would have been unnecessary. It is surprising that most of the hatred is directed against people such as Bezos and Musk, who became rich as a result of their hard work. And this is despite both of them spending huge amounts in charity every year. On the other hand, I hardly see anyone talking about people like Gina Rinehart or MacKenzie Scott, who inherited their wealth.

[zanezane]

There is no point in getting jealous about the rich. People like Bezos and Musk are self made billionaires. They worked really hard to become rich, and in the due process they made a lot of people rich as well. If you had invested in the Tesla or Amazon stock in the early days, then you too would have become rich and this post would have been unnecessary. It is surprising that most of the hatred is directed against people such as Bezos and Musk, who became rich as a result of their hard work.

I wouldn't say that Bezos is a self-made billionaire entirely, his family had the money to support him. Musk on the other hand is close to one because they first developed Zip2 and sold it to build the company Paypal and then the rest is history. Jealousy is the sickness that is keeping the poor people from getting a prosperous life, they always blame the people that are at the top while at the same time making them an exception to the problem.

[Ucy]

I would be more worried about selfish rich people than those who use their wealth for the benefit of society and the world.
And the rich must be humble,  live with the poor, use their resources for the benefit of the society. We work together like healthy living cells for the good of the body/society rather than outgrow the rest of body at its own detriment like certain cancers do.

[Wawa2013]

This world will run in balance if there are rich people and poor people, because this world cannot be without poor people. Therefore, if the rich have
to give wealth that is not used to be distributed to the poor, then human life will be even more chaotic. Because there is no balance, I say this is not
in defense of the rich and indifferent to the poor. I think the rich should help the poor, but they don't always have to give money. Because
the best assistance to the poor is not money, but science. Every human being, if he has knowledge, should be able to survive.

[Kittygalore]

It is not the rich that have too much, those that are beyond rich are the ones that have too much, they are the ones that we should punish. They are the ones that controls the economy and are immune to laws, they are the ones that put politicians in their place and they are the reason why there are still people slaving away to live, they are the real tyrants, if we are to destroy who is pulling the strings, the puppet may fall down but it will all fall into place and everything will be alright along the way.

[Matimtim]

If there are laws that give all the wealth to the poor, then eventually there will be no more wealthy people. Then, how will the poor survive?

It is better to teach to poor how to earn money in their own than giving money to them because if give them now fo their foods how about in the next day? They cant survive for long time in that certain amount but if you teach them the way how you earn they are no longer poor because they can earn just like what you earn.

[Mauser]

No one can become rich over night. It takes a whole lifetime, a lot of struggle and dedication in life which make a person rich. Once you are rich you deserve to accumulate more wealth. So we should focus on our life on how to become rich by working hard so we could also be classified ourselves in that elite class.

You do can become rich overnight, all you have have to do is pick the right lottery numbers. Sure it is very unlikely but there are chances. Or what about the guys that invested heavily in Gamestop options? They made a huge profit as well. There are some limited chances from time to time to become rich very fast. That is why there is a difference between new money and old money.

[DrBeer]

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

OK ! Let's say your idea is absolutely correct. Then let's follow it - for someone you look wealthy enough - share your wealth with someone who is much poorer. Or even so - let us take 75% of your wealth from you and give it to the poorest? Why not ? What's wrong ? You are rich in relation to the inhabitants of some poor districts! There you have a computer, the Internet, you are fond of cryptocurrencies, you probably eat 3 times a day, and sleep on your bed and bed linen! So - are you ready to share your wealth with those in need?

[Hamphser]

No one can become rich over night. It takes a whole lifetime, a lot of struggle and dedication in life which make a person rich. Once you are rich you deserve to accumulate more wealth. So we should focus on our life on how to become rich by working hard so we could also be classified ourselves in that elite class.

You do can become rich overnight, all you have have to do is pick the right lottery numbers. Sure it is very unlikely but there are chances. Or what about the guys that invested heavily in Gamestop options? They made a huge profit as well. There are some limited chances from time to time to become rich very fast. That is why there is a difference between new money and old money.

Lottery is the only way and theres no other than that. lol

We are all doing our best to gain money and making ourselves financially free and its up to someone if they do give out something back into those who are in need but on mandating on sharing up the fortune
with those who are in need to make it mandatory isnt really just a right thing.Always consider on how those fellas do work hard and make out investment to reach that certain state.

If you are jelous on such scenario then start on working up hard and do find all sorts of things to make yourself better.

[AndySt]

No one can become rich over night. It takes a whole lifetime, a lot of struggle and dedication in life which make a person rich. Once you are rich you deserve to accumulate more wealth. So we should focus on our life on how to become rich by working hard so we could also be classified ourselves in that elite class.

You do can become rich overnight, all you have have to do is pick the right lottery numbers. Sure it is very unlikely but there are chances. Or what about the guys that invested heavily in Gamestop options? They made a huge profit as well. There are some limited chances from time to time to become rich very fast. That is why there is a difference between new money and old money.

Just quick and easy ways to quickly and earn a lot of money do not provide a reliable guarantee for the successful implementation of the goal, because simply speaking, you need to be in the right place at the right time. You can play for decades in the lottery, but never hit the jackpot, or having fast-growing stocks, you may not have time to sell them at the maximum, losing your chances due to the subsequent price correction or even collapse. Therefore, hard and systematic work is guaranteed to lead you to wealth.

[Negotiation]

The lottery always depends on luck it is not the same everywhere the lottery can make people rich and throw them into the poor therefore, one should try to become rich by using one's life and wealth which will last for a long time. Those who are rich today have not achieved this in one day he has become rich by saving money by working hard.

[wxxyrqa]

Lottery is the only way and theres no other than that. lol

We are all doing our best to gain money and making ourselves financially free and its up to someone if they do give out something back into those who are in need but on mandating on sharing up the fortune
with those who are in need to make it mandatory isnt really just a right thing.Always consider on how those fellas do work hard and make out investment to reach that certain state.

If you are jelous on such scenario then start on working up hard and do find all sorts of things to make yourself better.

In most cases, only a person who has earned his fortune as a supporting worker knows how to value not only work, but also his wealth. Thus, his status as a wealthy person will be long-term, unlike those who received a reward through the lottery. Very often, such people use the money received from the lottery very thoughtlessly and lose it very quickly. Therefore, such a rich person very quickly becomes ordinary or poor again.

[Natsuu]

Lottery is the only way and theres no other than that. lol

We are all doing our best to gain money and making ourselves financially free and its up to someone if they do give out something back into those who are in need but on mandating on sharing up the fortune
with those who are in need to make it mandatory isnt really just a right thing.Always consider on how those fellas do work hard and make out investment to reach that certain state.

If you are jelous on such scenario then start on working up hard and do find all sorts of things to make yourself better.

In most cases, only a person who has earned his fortune as a supporting worker knows how to value not only work, but also his wealth. Thus, his status as a wealthy person will be long-term, unlike those who received a reward through the lottery. Very often, such people use the money received from the lottery very thoughtlessly and lose it very quickly. Therefore, such a rich person very quickly becomes ordinary or poor again.

Not necessarily, that's why there are financial advisors as a job. People who wins the lottery can easily hire and consult a financial advisor on what they can do the maintain their wealth. As far as I know, Lottery operators gives people advice and recommendations and such that it will help the winner think about what they can do to their winnings. Only a fool will disregard this advices. Maybe there will be some lottery winners that became ordinary after a while, but most of them stay rich and earning.

[Gyfts]

Hmm, unfortunately, redistribution of wealth has some dire economic consequences.

First of all, the rich are very good at hiding their assets, so good luck trying to steal their money when it's on offshore bank accounts or tied up into physical assets (or perhaps some even tied to bitcoin). Second of all, the best way to make a rich person flee a country (therefore no contribution to the tax pool) is to massively raise their taxes. You see this on an individual level in the United States because each state has discretion on their local tax rates. In fact, the way the US works, even municipalities can create their own tax rate. But what you end up with is the rich leaving highly taxed states for states with lower tax rates. In Europe where the entire country has the same effective tax rate, as I mentioned before, the rich will just shove their assets offshore.

[aioc]

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Rich people are one of the most taxed people here in our country, I agree that the poor should have allocation coming from the government, but what they really need are opportunities to lift their condition, if you are poor then get an education so you can become a professional and go to work, or set up a business, you don't need dole up be a productive citizen so you can help your government.

[Natsuu]

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Rich people are one of the most taxed people here in our country, I agree that the poor should have allocation coming from the government, but what they really need are opportunities to lift their condition, if you are poor then get an education so you can become a professional and go to work, or set up a business, you don't need dole up be a productive citizen so you can help your government.

Get and Education can be easily say by any person especially those with advantages in the society. But you may very well know that education is not that affordable especially to those poor ones. Yes, there is student loans, but not all students are capable of even living by their own, especially when there are family problems that is problematic for them.

There are many factors to be considered before they can get an "Education" and this factors might be unreasonable for us, but it is reasonable for them as they are the one experiencing it.

But I am not saying that we should give the poor the money from the rich. It is just that the gap is too big already.

Solutions in this kind of problem is situational and must be taken seriously.

[Sithara007]

Hmm, unfortunately, redistribution of wealth has some dire economic consequences.

First of all, the rich are very good at hiding their assets, so good luck trying to steal their money when it's on offshore bank accounts or tied up into physical assets (or perhaps some even tied to bitcoin). Second of all, the best way to make a rich person flee a country (therefore no contribution to the tax pool) is to massively raise their taxes. You see this on an individual level in the United States because each state has discretion on their local tax rates. In fact, the way the US works, even municipalities can create their own tax rate. But what you end up with is the rich leaving highly taxed states for states with lower tax rates. In Europe where the entire country has the same effective tax rate, as I mentioned before, the rich will just shove their assets offshore.

For a country such as the United States, the risk of rich people renouncing their citizenship in order to avoid paying higher taxes is very low. Even rich people have their businesses and most of the immovable assets within the US. Renouncing the US citizenship would mean that now these businesses and assets would no longer be taxed under a favorable regime. Same can be said about the European Union, where the taxes are much higher than what they have in the United States.