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Originally posted by Raist
reply to post by ludwigvonmises003
How is 25 million too low? I am not sure how I would ever spend over a million.
Maybe it is just me, the "world" I live in and how I was raised, but to me 25 million is more than sufficient to do my family. I would not be looking to spend a great deal on a home and as for cars I am fairly happy with what I have. With 25 million I would never have to work again get the stuff that I want and still have well over 24 million to spend.
Originally posted by Domo1
I've seen a lot of complaints about some members in society holding vast amounts of wealth. I certainly understand why people feel frustrated. It IS frustrating to know that some people can wipe with $100 bills and some people can't afford to feed their families. My question, as the title implies; how much is too much? Should there be a limit? Should the wealthy (and I'm going to say someone with more than 5 million dollars) be required to pay more tax than they do already?
Someone in another thread something that I liked, 'How much do they really need at that point (referring to Walmart estate beneficiaries) it's seems like it's just to show off after awhile!' That's what really sparked this tread. I don't really need half the things I own. I'm not a millionaire, but live very comfortably. Since I don't technically need my assets, and could theoretically survive working at McDonalds, should I just give everything away? I don't mean that to sound snarky, it's just an example.
There is obviously a problem in this country, but do you feel that the rich deserve to keep the money they have made, and do you believe there should be a limit on personal assets? If so, what should be done with those assets? How would you redistribute them fairly?
What would you do to close the wealth gap. I do readily agree this is a problem, and not just a 'they're lazy' issue.
I know I'm kind of a pain in the OWS threads, but I am asking this as a serious question and don't really want to debate, just listen. I have really come to respect other members opinions here, a number of people have really said things to challenge my beliefs and think about them more deeply.
Originally posted by broahes
In short.. it doesn't matter, at least to me. I know the true value of fiat currency. It's worthless. It's created to enslave you to work and keep you in line. Having billions and having nothing to me is the same.