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[–] 267 points 1 year ago (14 children)

He isn’t the economy. The workers are.

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  • [–] 85 points 1 year ago (3 children)

    Yep. Bad for the economy, good for the people.

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  • [–] 21 points 1 year ago (4 children)

    But he's a Job Creator or some shit

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  • [–] 7 points 1 year ago (2 children)

    Cuase their job creators we have to treat them special. Job creators can't go to jail or anything.

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  • [–] 5 points 1 year ago

    Vietnam would like a word.

    Edit: I'm not pro death penalty (latest update has Vietnam actually removing it for this crime due to this case) but just showing the absolute night and day difference between how they treat capitalist that cause death and poverty through their greed.

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  • [–] 4 points 1 year ago*

    When they inevitably try to pretend they are pulling business from new York when Mamdani becomes mayor. Please, everyone, use this as an opportunity to show how evil the structures of capitalism are.

    It will be a perfect time to explain class conflict to your liberal friends. The interest of the people of New York will be held hostage by capital. And overwhelmingly popular policy will be talk about as "unrealistic" and "poor economics".

    Yes, that is why capitalist must lose their power. They are holding the popular policies of the people hostage. That power should not exist in their hands but the hands of the people.

    Capitalism is incompatible with democracy. The economy and politics are not separate. We cannot have a dictatorship controlling our companies and economy and call it a "democratic process".

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  • [+] -26 points 1 year ago (3 children)

    Okay, but what if the financial sector launches a capital strike?

    Cuba is a great example of the results. Powerful worker state, but it is bottled up and suffocated by the US led embargo.

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  • [–] 21 points 1 year ago

    Then the world must go on labor strike. Capital requires our consent. Withdraw consent, seize the means of production and begin the class war. We are outgunned, but they are outnumbered, and we can easily get more guns once they can't get any more numbers.

    Viva Revolución, Viva Cuba Libre!

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  • [–] 207 points 1 year ago (3 children)

    Bernard Arnault is worth 157.3 billion USD. $1 billion dollars is 0.6% of their wealth. That's fucking couch change. These fucking ghouls are so worried about their precious wealth they are willing to doom all of us.

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  • [–] 87 points 1 year ago

    Epstein's bud says it's a bad idea. France has technology to solve this problem.

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  • [–] 81 points 1 year ago

    "Making crime illegal would be detrimental for hospitals, electronics stores and insurance companies among others" says Europe's biggest criminal.

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  • [–] 75 points 1 year ago (2 children)

    ✅️ France running up huge deficits because it can't tax the wealthy

    ✅️ Wealthy obstruct any attempt to make them pay there fair share

    ✅️ prime minister after prime minister go down trying to fix the financial crisis

    ☑️ frustrated king president calls the estates general

    ...

    ☑️ this guys head in a basket

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  • [–] 10 points 1 year ago

    Let me fix the first: "France running up huge deficits because Macron spent his whole political career reducing taxes for the ultra-wealthy, and these parasites still pocketed a large amount of France and the EU Covid's relief money as dividends and buyback schemes."

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  • [–] 63 points 1 year ago* (2 children)

    Firstly, that's just naked projection. Secondly... GOOD.

    Sincerely, we need to treat people who can't or won't conceptualize 'enough' as hoarders with mental illness. He can never use his immense opulence or spend all of what he has, and he can't be happy with it either. He should be separated from it, given a stipend that will meet all his needs and desires from it while he GOES TO REHAB, and the rest should be reinjected into the economy for social gain, and used to pay for the public programs and systems that made society work to begin with. Mostly because if it never worked he would never have had this opportunity to destroy it for his own pride.

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  • [–] 7 points 1 year ago (1 child)

    while he GOES TO REHAB

    Or we could go back to the precedent of the Middle Ages, and have him learn to free himself of worldly things by spending the rest of his life as an anchorite. Build a cell around him, attached to some remote church, and leave a slot at the bottom for bread and water to go in and shit to go out.

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  • [–] 60 points 1 year ago (1 child)

    Every fucking time.

    Goddamned, insatiably greedy motherfucker billionaires.

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  • [–] 24 points 1 year ago

    Confirmed by this quote in the article. Certified motherfucker.

    Arnault, who lives in Paris, sparked a French national debate over tax in 2012 when he sought Belgian citizenship. However, in April 2013, he withdrew his application as “a gesture of my attachment to France and my faith in its future”, according to Bloomberg.

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  • [–] 58 points 1 year ago (3 children)

    His source is he made it up.

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  • [–] 47 points 1 year ago (4 children)

    They killed kings and queens with unbelievable wealth in France centuries ago and the country is still here. It proved that a nation can survive without a handful of people with massive wealth.

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  • [–] 28 points 1 year ago (3 children)

    The point you're trying to make is true, but your example doesn't support it. By the time of the French Revolution, rich private citizens were already wealthier than the aristocracy, and those guys got even richer during the revolution after having bought former church or emigre land for pennies on the dollar. The French Revolution was a disaster on the wealth redistribution/"eat the rich" front.

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  • [–] 3 points 1 year ago (1 child)

    Yeah… They didn’t kill the king because he was rich. They killed him because he was believed to be a traitor to the nation and to the revolution.

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  • [–] 2 points 1 year ago* (last edited 1 year ago)

    And because they just didn't like him. Murder as a method of social transformation (basically ideology eugenics) was one of the constants of radical leftwing politics during the French Revolution, so killing was just the "natural" way of getting rid of a monarch you don't want in your republic. That's where the whole "no man can reign innocently" thing comes from; the pro-execution wing (aka the Mountain) tended to think of Louis XVI as categorically deserving of death, with what he actually did being mostly secondary. I mean, these are the guys who would run France during the Reign of Terror.

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  • [+] 45 points 1 year ago* (1 child)
    [–] 43 points 1 year ago (1 child)

    The time for talking about taxing the rich is over. Bring out the guillotines already.

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  • [–] 43 points 1 year ago (1 child)

    Who asked the grass about mowing?

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  • [–] 34 points 1 year ago

    "Rich guy says that forcing the rich to pay for their fair share of the costs of having a Society where they can make lots of money, would actually be bad for those currently having to make up for the rich not paying their fair share"

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  • [–] 31 points 1 year ago

    I don't actually care about the economy. Improve my material conditions please

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  • [–] 28 points 1 year ago

    Hey y'know what other famously French thing will be deadly for rich people if they're not taxed?

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  • [–] 26 points 1 year ago (1 child)

    You see a lot of this coming from the rich and their lap dogs. But its never not been bullshit. Pick any country you want in the world. Force Amazon, for example, to pay its full share in taxes. The muppets will say "But then Amazon will leave, taking all those jobs with them!". So... they would leave a space in the market, right? So someone else would come along and replace them. You can apply this to any industry that tries to scare people with "but X would leave". Who cares? Theres always going to be someone looking to make money. And being able to make a fuck load of amazon money would be quite awesome. And thats even with paying fucking taxes.

    And as for individuals threatening to leave X country, fuck um. We dont need them sucking up all the money anyway.

    There needs to be an overhaul in our various societies. Its 2025, and the idea of billionaires in a world where children still starve to death is disgusting. No one needs billions. Hell, no one needs millions. The world, if we could all agree, should limit personal wealth to 100m. Thats it. Once you start earning, through any means, that puts your wealth, in any form, above that number, you pay a 100% tax rate. Or, you can just fucking retire, and let the next generation earn their fair share.

    The poor are the majority. And the rich and powerful dont fear us nearly enough...

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  • [–] 10 points 1 year ago*

    The muppets will say “But then Amazon will leave[...]"

    Imagine being upset that the freeloader sleeping on your couch and eating all the food in your fridge without contributing anything leaves.

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  • [–] 26 points 1 year ago* (last edited 1 year ago) (1 child)

    Tax is bad, says rich guy who doesn't want to pay tax, and just arrived on his private jet, to enjoy some relaxation on his yacht, while half a dozen servants take care of everything for him, including wiping his ass.

    Because billionaires getting their ass wiped, is good for the economy, average people living decent lives is not. Don't believe the evidence, believe the billionaires!

    Next on:
    Schools are bad for education, says 8 year old who doesn't want to go to school, but wants to play all day.

    2% wealth tax on fortunes worth more than €100m has been proposed by Gabriel Zucman, an economics professor who has become a household name in France.

    This in my opinion is a very moderate suggestion. I would like 1% from €5m-100m too. If you have €5m you already have more than you need.

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  • [–] 24 points 1 year ago* (last edited 1 year ago) (5 children)

    Not taxing the wealthy is deadlier

    And where they gonna go? Sure, a bunch might fuck off to Costa Rica or some other accommodative place, but those countries only have so much capacity to support the wealthy without the locals eventually demanding their cut. These people act like they’re gonna go to some tax free utopia out there beyond the ice caps like John Galt.

    Here in the United States, you think assholes like Lutnick are gonna leave New York?

    Please.

    Fuck ‘em. Take the money.

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  • [+] 9 points 1 year ago (4 children)
  • [–] 6 points 1 year ago

    We don't even need to to that! If they move to another country, let them get taxed there! If they still have business in this country, we will still get some tax revenue from them!

    If they really move everything to some tax-free place like Somalia, fucking who gives a shit? Let them find out how well that will go for them.

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  • [–] 1 point 1 year ago (1 child)

    these people will still live in high tax countries, while trying to not pay taxes, they wouldnt live in places that have low taxes, because those are usually shitty places to live, or its controlled by a authotarian government.

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  • [–] 24 points 1 year ago

    I dunno, man, does that sound like a threat to anybody else? Bro's talking about tanking France if him and his lil' buddies have to build roads and fund hospitals. :( :( :(

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  • [–] 24 points 1 year ago (1 child)

    "Objection! It's devastating to my bank account"

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  • [–] 23 points 1 year ago*

    What? Do these people need a reminder about what happens in France when the filthy wealthy become absolutely detached from the oppressed?

    Here in Mexico, these assholes kept telling everyone, for 30 years, that raising minimum wages would cause hyperinflation. Six years after ignoring them and raising minimum wages, suddenly, 13.5 M Mexicans got out of poverty, and inflation is okay. Ignore these hacks!

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  • [–] 23 points 1 year ago*

    This is the most disgusting kind of discrimination! The kind against me!

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  • [–] 22 points 1 year ago

    Wealth tax or Guillotine?

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  • [–] 21 points 1 year ago

    Plenty of his money comes from France. He won't leave, if he does, others want that exploitable population he'd leave behind.

    Fuck your hollow threats

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  • [–] 20 points 1 year ago

    The greedy weasel should pay his taxes and the French people do not fuck around when they know they are about to get screwed.

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  • [–] 20 points 1 year ago (1 child)

    Your honor I object!!

    Why?

    Because its devastating to my case!!!

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  • [–] 19 points 1 year ago (1 child)

    Isn't he the asshole who said he would help pay for that famous church that burned down a while ago and never gave them a red cent?

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  • [–] 18 points 1 year ago (1 child)

    Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

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  • [–] 17 points 1 year ago

    Do it, France. The wealthy are leeches.

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  • [–] 17 points 1 year ago

    Fuck off rich asshole. Tired of them acting like they know better.

    Tax wealth not work.

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  • [–] 17 points 1 year ago (1 child)

    "Cats are a bane upon society." Says dog to newspaper.

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  • [–] 17 points 1 year ago

    The existence of an article specifically about his opinions on a theoretical tax shows just how disproportionate the power of being wealthy is. When is the last time any of you were consulted on a tax policy that would affect you?

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  • [–] 15 points 1 year ago

    Does being Europe's richest man imply that he would be the person who would pay the most wealth tax?

    If so, the headline isn't going hard enough.

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  • [–] 13 points 1 year ago

    you guys already don't have musk, trump, bezos, ellison, zuckerberg, trump! All of them choose not to live there due to your repressive laws! Do you want to lose arnault as well! If he leaves he may never become prime minister or president. Do you really want that?

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  • [–] 13 points 1 year ago

    169bn?

    Dudes upset about getting taxed at 0.5%

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  • [–] 12 points 1 year ago (4 children)

    wealth taxes and handouts to the people would stimulate consumerism and make the economy run hot.

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  • [–] 5 points 1 year ago (2 children)

    We should push the trickle up method.

    You give all the cash to the poor and middle class, they guy all the goods from the wealthy and they get their money back. Easy Peasy

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  • [–] 11 points 1 year ago
    [–] 10 points 1 year ago

    "Less chickens running free will harm the farm" - the fat fox

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  • [–] 8 points 1 year ago

    Instead of just making the comment I would love to see him lay out exactly why and how it would destroy them so we can laugh some more at how ridiculous this is.

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  • [–] 7 points 1 year ago

    yes! tax the poor! /s

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  • So tax it is!

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  • [–] 6 points 1 year ago

    If the ultra rich say your idea will ruin the economy - congratulations, you've got a great idea.

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  • [–] 5 points 1 year ago

    not the onion

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  • [–] 4 points 1 year ago

    Yes, additionally work on making it a EU-wide tax

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  • [–] 4 points 1 year ago

    May the separation of his cranium and rump lead to new insights

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  • [–] 4 points 1 year ago

    Is he showing any of his work, or is he just making stuff up? Seems like he's just making stuff up.

    Also, everyone should look at the "wealth to scale" webpage: https://dbkrupp.github.io/1-pixel-wealth/ . Humans are not good at scale, and this helps visualize it.

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  • [–] 7 points 1 year ago (1 child)

    Everyone else screaming: That is the point you rich fuck!

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  • [–] 3 points 1 year ago

    I've heard guillotines are deadly for the French economy too.
    But the French already saw that movie so they're probably trying to get in front of any repeat episode.

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  • [–] 3 points 1 year ago

    Probably a good idea, if the money is used well and not just to maintain status que. Paying off loans, building good infrastructure and financing Ukraine would be some excellent ways to use such money.

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  • [–] 3 points 1 year ago

    "Communism is when the powerful have to abide to the same laws as our serfs" - some powerful libertarian

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  • [–] 5 points 1 year ago

    I don't see any potential conflict of interest here whatsoever

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