View Poll Results: Should a multi-billionaire settle for 2 jets instead of 3, 7 homes instead of 10 etc?

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  • Yes (if it means serving the greater good)

    12 24.49%
  • No (no one has the right to decide how much wealth is too much)

    37 75.51%
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Thread: Billionaires: free to romp or responsible to fellow citizens?

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    Billionaires: free to romp or responsible to fellow citizens?

    Should a multi-billionaire be forced to settle for 7 homes instead of 10, 2 private jets instead of 3 etc.?

    Hypothetical situation:

    Meet: Billionaire Bush

    He is a billionaire

    Has 20 homes, 3 private jets, sends his 10 children to the very best private and or ivy league schools, has several concubines, runs several companies whose bottom level employees (the vast majority of his employees) make little above minimum wage, lets larges amounts of money sit in his bank account, many of his companies are hurtful to the earth, many of his companies are diversions and failures meant to avoid paying income tax and so on

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    Re: Billionaires: free to romp or responsible to fellow citizens?

    Quote Originally Posted by MusicAdventurer View Post
    Should a multi-billionaire be forced to settle for 7 homes instead of 10, 2 private jets instead of 3 etc.?

    Hypothetical situation:

    Meet: Billionaire Bush

    He is a billionaire

    Has 20 homes, 3 private jets, sends his 10 children to the very best private and or ivy league schools, has several concubines, runs several companies whose bottom level employees (the vast majority of his employees) make little above minimum wage, lets larges amounts of money sit in his bank account, many of his companies are hurtful to the earth, many of his companies are diversions and failures meant to avoid paying income tax and so on
    Wow, I was the first to vote and I voted that no one has a right to decide how much is too much. I have told my wife and family that there are many things in this life that I never want and two of them are to be famous and to be super-wealthy. Life should be about the journey and not the fame or wealth. Being self-sufficient should be the goal. Can you imagine what it is really like to be a famous celebrity with paparazzi and reporters bugging you endlessly? No thanks. As for wealth, I like to wake up everyday and ask myself, "How can I improve my lot?" I really think I would not like to say "Wow! I am rich. I can now do whatever I want. Where is the challenge in that?

    Now, while I do not want to be super-wealthy, I neither envy them nor do I covet their wealth. Apparently, many people do. A rich person has never detracted from anything that I have ever wanted to do and they have never held me down. I have done alright and I have lived the American Dream. Again, no rich person impacted that in the least. Maybe people would be better off attempting to improve themselves and their own financial situation and not be so concerned about something that really has no impact on them. It might cure those pains in the heart.
    Last edited by LesGovt; 07-20-11 at 02:32 AM.

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    Re: Billionaires: free to romp or responsible to fellow citizens?

    The idea here is based on principle, not necessarily reality. In this situation, lets say that the rich could purchase whatever they wanted without paying taxes on them (which may happen in reality through tax right offs). Should income tax increase to the point that the multi-billionaire is forced to sell a few homes, private jets etc. for the greater good of the community?

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    Re: Billionaires: free to romp or responsible to fellow citizens?

    Quote Originally Posted by LesGovt View Post
    I have told my wife and family that there are many things in this life that I never want and two of them are to be famous and to be super-wealthy. Life should be about the journey and not the fame or wealth. Being self-sufficient should be the goal. Can you imagine what it is really like to be a famous celebrity with paparazzi and reporters bugging you endlessly? No thanks. As for wealth, I like to wake up everyday and ask myself, "How can I improve my lot?" I really think I would not like to say "Wow! I am rich. I can now do whatever I want. Where is the challenge in that?
    I couldn't agree more

    Quote Originally Posted by LesGovt View Post
    Now, while I do not want to be super-wealthy, I neither envy them nor do I covet their wealth. Apparently, many people do.
    It is a shame if they do envy or covet their wealth. However, if hoarding wealth hurts others, then there is a problem.

    Quote Originally Posted by LesGovt View Post
    A rich person has never detracted from anything that I have ever wanted to do and they have never held me down. I have done alright and I have lived the American Dream. Again, no rich person impacted that in the least.
    The extremely wealthy have impacted you more than you realize or are willing to admit.

    Quote Originally Posted by LesGovt View Post
    Maybe people would be better off attempting to improve themselves and their own financial situation and not be so concerned about something that really has no impact on them. It might cure those pains in the heart.
    Couldn't agree more, I try to better my situation every day. However, some people are dealt a crappy hand in life and they also try to better themself ... however, for some bettering themselves to get out of poverty, is simply not attainable. I imagine those people have some hatred toward the extremely wealthy. I am just speculating though ... they could love the extremely wealthy and show eternal gratitude for the great things they have done to give them a leg up .. again just speculating ... I dunno, what do you think?
    Last edited by MusicAdventurer; 07-20-11 at 02:43 AM.

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    Re: Billionaires: free to romp or responsible to fellow citizens?

    Quote Originally Posted by MusicAdventurer View Post
    The idea here is based on principle, not necessarily reality. In this situation, lets say that the rich could purchase whatever they wanted without paying taxes on them (which may happen in reality through tax right offs). Should income tax increase to the point that the multi-billionaire is forced to sell a few homes, private jets etc. for the greater good of the community?
    I would say no. I think multi-billionaires should pay income taxes at a fair rate and no more. I would be fine if they paid the same rate that someone making $50k pays. I'm not greedy.

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    Re: Billionaires: free to romp or responsible to fellow citizens?

    Quote Originally Posted by jamesrage View Post
    You should be able to spend your money on what ever you want regardless if you are poor, middle class, rich or super-rich. It is not right to try to get the government to steal someone else's money just because you are green with envy.
    It is a shame if they do envy or covet their wealth. However, if hoarding wealth hurts others, then there is a problem.

    Additionally, for some bettering themselves to get out of poverty, is simply not attainable. I imagine those people have some hatred toward the extremely wealthy. I am just speculating though ... they could love the extremely wealthy and show eternal gratitude for the great things they have done to give them a leg up .. again just speculating ... I dunno, what do you think?

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    Re: Billionaires: free to romp or responsible to fellow citizens?

    Quote Originally Posted by LesGovt View Post
    I would say no. I think multi-billionaires should pay income taxes at a fair rate and no more. I would be fine if they paid the same rate that someone making $50k pays. I'm not greedy.
    But what if that fair rate meant that they would have to get rid of one of their private jets and a few of there several homes?

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    Re: Billionaires: free to romp or responsible to fellow citizens?

    Quote Originally Posted by MusicAdventurer View Post
    It is a shame if they do envy or covet their wealth. However, if hoarding wealth hurts others, then there is a problem.
    They earned their wealth.Other than envious retards who gives a **** what some rich guys spends his money on?


    Additionally, for some bettering themselves to get out of poverty, is simply not attainable. I imagine those people have some hatred toward the extremely wealthy.
    The only reason anyone would have an extreme hatred for the wealthy is because they are extremely jealous and want something they did not earn.


    I am just speculating though ... they could love the extremely wealthy and show eternal gratitude for the great things they have done to give them a leg up .. again just speculating ...
    Why would they love show eternal gratitude? Seeing how the rich pay most of the taxes and provide jobs they should already be showing some love and gratitude.

    I dunno, what do you think?
    I think if the rich did more then the class envious people would still be asking for the rich to do more just like they do now and they would still acting like five year olds jealous because they neighbor's kid got a new toy and they didn't.
    Last edited by jamesrage; 07-20-11 at 03:06 AM.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

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    Re: Billionaires: free to romp or responsible to fellow citizens?

    I don't care if some people have more as long as everyone has enough. If jet planes and houses were non-scarce resources, I wouldn't care how many you had. Unfortunately, this is the real world, and they're not.
    For: legalizing drugs, gay marriage, abortion, guns, universal health care, public sector jobs, nuclear power, free education, progressive taxation
    Against: corporations, make-work, the 40 hour work week, intellectual property, imperialism, "homeland security," censorship

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    Re: Billionaires: free to romp or responsible to fellow citizens?

    Quote Originally Posted by jamesrage View Post
    They earned their wealth.Other than envious retards who gives a **** what some rich guys spends his money on?

    The only reason anyone would have an extreme hatred for the wealthy is because they are extremely jealous and want something they did not earn.

    Why would they love show eternal gratitude? Seeing how the rich pay most of the taxes and provide jobs they should already be showing some love and gratitude.

    I think if the rich did more then the class envious people would still be asking for the rich to do more just like they do now and they would still acting like five year olds jealous because they neighbor's kid got a new toy and they didn't.
    Setting aside all that envy/jealousy gobbledygook ... do you understand how hoarding resources affects others that need those resources?

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