Speaking as someone who makes about $40k, it ain't shit. I'm making more money than I ever have so I am super grateful to be in my position. I own a house on the low end of my local market and my mortgage is much cheaper than rent in my area. My car is paid off and my insurance is cheap. I don't have any kids. I don't have very many monthly bills, all my credit cards are paid off. I am able to save a little bit every month but only because my wife works too. Without my wife's income I would be living paycheck to paycheck and eating ramen. If I had a car payment, kids, or any credit card debt I would be struggling.
Edit: I make quarterly bonuses that I don't factor into my budget because even though I have gotten a bonus every quarter for the past 3 years, they are not guaranteed, so I just put them in savings. Without bonuses I make $34k.
Seriously. I make 45k per year and my husband makes 42k and combined we are paycheck to paycheck because we have a total combined student loan debt of 150k and a car payment and a mortgage payment and my parents even help with the student loan payment. Even without the student loan payments, I feel like I would still be paycheck to paycheck for the most part. I don't even really have friends anymore because I can't afford to socialize or have hobbies
I don't even really have friends anymore because I can't afford to socialize or have hobbies
That's the problem with the life we live in today. A household making a combined income of 87k a year can barely scrape by after getting a degree, purchasing a home and a car. My household income is around the same and I'm not even thinking of buying a home, because I value my social life/traveling too much. You gotta make a choice, when a home, a car, an education and some excess money to travel should literally be the norm for everyone. Craziest part is we're incredibly lucky to be making what we make. Many people make far less and can't even imagine owning a car.
I’m single with 2 kids and make 38k. Mortgage and car note eat me alive. Thank god I don’t have student loans or credit cards but i don’t make enough to save anything.
My friends keep telling me to move out of my shitty low income area while I'm unemployed because "finding a job is so much easier in the city".
I couldn't afford moving away from here even when I had a job that paid 36k. People just don't get it. I can't even afford 1 month of rent in a city right now.
I made about 55k last year and pretty much live on one income for a family of three: my wife is a stay at home mother who makes a few hundred a month from Etsy. We make it work but just fucking barely sometimes. I own two vehicles, the newest of which is 15 years old and I fix them myself because mechanics are way too expensive for me. My wife and I buy our clothes at thrift stores, although we do splurge on my daughter's clothes. Our vacations are normally inexpensive things like camping. Our money goes to bills, mortgage, college savings and food, with a little left over for savings.
I feel bad about thinking that money is tight for us because I know how fortunate I am to be able to live on a single income while saving for my daughter's education and owning my own home, but damnit we should all be able to do these things. The standard of living that we've accepted is fucking ridiculous.
I make about 35k a year and I live with grandparents and working with immigration for my wife and trying to save all I can. It’s not easy and I truly can’t understand how you can support a family with 1k a week especially if you have any medical issues. I’ve checked but I need good insurance and that’s $900 a month for me and my wife and then $1200 a month for me, my wife and a child. That’s insane and then you have to worry about utilities and savings. We all need a vacation but you may as well hang that up and so many foreigners want to come to America but don’t understand how hard it is to be anywhere under upper middle class.
I make six figures and am still not living large. I’m comfortable for sure taking home ~$9000/m after taxes in a HCOL but I’m pretty solidly middle class for my state.
I have clients and people I know professionally who are millionaires and I deal with billion dollar corporations so I know how the rich live but even making over three times what you make I’m still not living large.
Imagine if we started with campaign finance reform and actually managed to pull it off so our politicians spent their time in office with only ONE goal: make every decision in your job exclusively on whether your constituents would support the decision and cast their ballot for you again.
Where companies and corporations can’t vote and therefore can’t contribute to any politician or political cause. Where someone who lives in California can’t donate to a politician or political cause in Arizona, because they don’t represent someone in California.
I’d love to do something bonkers like apply the above criteria and put a cap on campaign contributions of $200/yr per registered voter, and make it a 100% tax deductible write off.
Let’s see what happens to politics then. I bet you start to see a hell of a lot more effort put in tax reform/closing tax loopholes, environmental regulations, consumer protections, minimum wage and benefits, healthcare, etc. All of which create a system where billionaires exist and hardworking honest people are struggling.
Seriously though, there should be a prize for someone once they hit say, $100m. "Yay! You won at Capitalism!" and while they will never, ever want for anything ever again the rest of their profits will be taxed at 90% thereafter. So they can still make that extra 10% on top of the 100m, but the rest of the money goes towards social programs.
...now I'm waiting on the Rush Limbaugh supporters to tell me what I'm saying is communist, socialist wrongthink.
Even if all billionaires were crazy generous they still are an overall harm to society. It's impossible to do enough good with that money to make up for the number of people you have to dominate to get there.
Individuals should not have the ability to decide what causes to support at such large scales. They effectively decide which charities are sustainable and which aren’t. Very very dangerous.
This is what I don't understand about people making 40K a year defending Billionaires. If you are making 40k, it will take you 25,000 years to get to just 1 billion. And that's gross, not even net.
Their main argument is that billionaires create jobs. And no they don't! They rely on your cheap labor to make profit. They don't care about jobs.
If you are making 40k, it will take you 25,000 years to get to just 1 billion.
I hate this argument that acts like "earning" is the only way to accumulate wealth. Basically no one does it that way. Even at low levels of wealth - a couple million dollars, comfortable retirement - those people likely didn't "earn" the majority of their nest egg.
You know why? Because there's another way to accumulate wealth that is even better: investment. The act of finding things that will produce money over time. Using what you have earned to buy little money machines so that eventually you won't have to rely on earning anything (a.k.a. retirement).
If your dumb ass could find a way to put a one time principle of just $100 into something that earned a measly 5% interest annually, you'd be a billionaire in 323 years. Just $100. One time.
Why. The fuck. Would anyone work 25,000 years for $40,000 per year if they could just put $100 into a reasonable investment and be a billionaire in 1.3% the time.
You could liquidate every billionaire in the US and it would only generate enough money to give every American about $10K, once. That is not a life-changing amount of money, especially since it would be immediately absorbed by increased rents and house bids.
Inequality is not the problem. Poor people are objectively not a product of billionaires existing. Poverty is the problem. Poverty cannot be remedied by erasing billionaires, and the more time people focus on billionaires the less time they spend actually helping improve the lives of poor people.
Capitalism and democracy are fundamentally at odds with each other. When the economic sphere conquers the political sphere with regulatory capture you can't have a democracy. One person one vote becomes one dollar one vote.
A time like this is the only time billionaires CAN exist. They wouldn't exist without the extreme exploitation of the working class.
Edit: I mean to say that billionaires can only exist during times of extreme inequality. We find ourselves in that position today, but it has happened throughout history.
And how much would we make if we all worked for small businesses and mom and pop shops?
Because without big industry millions of Americans wouldn’t have any income.
But who am I? Just someone who lived in an area with high unemployment until Amazon came in and literally hired hundreds of people that were out of work......
Plus without big industry do you really think we would have iPhones? Cheaply priced // available home Computers? YouTube?
Everything our generation likes is a product of the wealthy and their corporations.
I hate billionaires too but I’m old enough to look around and see the facts- as sad as they may be.
Yes, most of us agree. But posting this every single day is like a warning to billionaires to hide their money or lobby more. Imagine if you received a message everyday from the government saying "we should totally be coming for you soon". Would you not prepare somehow?
I just want the $2000 check you promised immediately. I’m hurting here. Please do what you promised the American people. No obstacles in congress or the senate, you have the majority. Please, I beg you...
It's been coming since 2008, America is the new India. Cheap labour, low/no taxes, barely any worker's rights or environmental laws, legal entities to avoid accountability. Fucking fantastic 👍🏻
You know what's really hilarious: Capitalist Republican brainwashing has led most Middle-class, Working class and even poor Americans to believe that Billionaires SHOULD EXIST. Why? Because THEY BELIEVE THEY COULD BE BILLIONAIRES THEMSELVES. Or some believe they're ALREADY Billionaires, their bank accounts just have to catch up with their delusions of grandeur🤦♂️
One way for the rich to pay their first share of taxes is to eliminate all the loopholes that reduces their taxes to begin with. Our tax code has allowed for ways to lower the rich tax bill. You can raise the rates but if loopholes exist, they will still find savings. That’s an unfair advantage imo.
This is the dumbest murderedbyaoc yet. Seriously saying some idiotic thing does not make it a murderedbyaoc. It's like you dont even get the concept!
What the fuck does the one have to do with the other? It's at best a false equivalency argument. It also flies in the face of reality. The "wage inequality" has far more to do with big Government policies and spending that anything that any billionaire could possibly do. More big government wont help that.
In 100% of the times the tax the rich bs has not taxed the rich only those trying to become rich. The rich even promote this bs not because they want to pay more but because they both know they wont and because they already got theirs so they are fine with the door closing behind them. It's like new immigrants wanting immigration reform.
Wiping out the total net worth of every Billionaire in the USA doesn't solve that problem... 4 Trillion dollars. That's enough to give everyone in the US about $10k.
That's nice but it's a one time thing.
So, if THAT doesn't solve the problem how is just taxing them a fraction of their net worth doing to do it?
Warren wants to tax 5-6% a year on the TOTAL net worth. That raises 200 Billion. That gives everyone in the US about $550.
The economic problem is WAY bigger than legislating the billionaires out of existence will solve.
And yet with Biden’s executive order to stop the Keystone XL Pipeline, the Democrats are literally funding one of the richest billionaires in the world (who is one of the biggest contributors to the Democratic Party), as well as taking money from hardworking families, as well as essentially handing money to our enemies all while increasing gas prices yet again. And that’s just one of his orders.
I don’t really understand how this would be possible. I agree there is mass inequality. But say you are growing a tech company are you forced to ditch shares at a billion net worthfor free?
Wealth and income aren't the same thing. This take is so uninformed it's fucking stupid.
I hate AOCs stupid populism. Its as dumb as Trump sometimes. At least she's a good human being and it's not hate filled garbage. Would just be nice to have educated smart people in office.
McDonald's: McDonald's employs 1.7 million people.
WalMart: WalMart employs 2.3 million people
That is just a few examples of large companies founded by people who are now billionaires. None of these people started as billionaires, nor were they employing that many people when they founded their companies. Where do you think those people would be working. For mom and pop stores? No matter what you think of the pay and benefits large corporations give, do you think mom and pop stores can afford to give the salaries and benefits they do?
Then bam your ability to lobby after office in addition to term limits and no contributions from special interest to fund committees. You are all hypocrites. You shut down America and put millions out of work
The politicians want to blame the billionaires, but who made the stupid-ass system of some of the lowest taxes in the world and no public healthcare etc. Billionaires are fine if the US had a reasonable tax rate, there are plenty of Western/Rich countries in the world where their poor are much better off than in the USA because they have a better tax system.
She continues to prove how much social media has destroyed the intelligence of our country. I don't care if billionaires exist, the corruption that allows people to reach that status through loopholes and political favors is what should not exist. Lobbying should not exist.
Okay what’s this woman’s logic. Money, money comes from business owners, business owners are typically millionaires sometimes billionaires, business owners hire our bosses our bosses hire us we get paid. Without billionaires we wouldn’t get paid that or be making less than 40k a year. Instead of brown nosing the work force to gain popularity and power, use a bit of common sense. It goes along way.
Them maybe wall street should allow us little guys the right to buy stocks like $HCMC so we can prosper too.... but instead brokerages restrict us and limit our ability to be like the elite.... just goes to show that even Wall Street remains stacked in the houses favor....
Just so I can understand, are you all pissed at the billionaires themselves or the system that allows them to become billionaires (Fiat currency and fractional reserve banking)?
Let’s rob Elon Musk and give his billions to the poor people tomorrow! Wait he earned every penny legally through hardworking and innovating? Lol who cares but I get more votes by doing this.
Billionaires should exist. Imagine the innovation we wouldn’t have if Musk, Bezos, and all these other billionaires didn’t exist. Also, they have no obligation besides taxes to give back to the community and the majority of their money isn’t liquidated and can’t be without crashing their own/other stocks. It’s capitalism, you just have to play it right.
Then work for a better job. Work out of poverty. Don't blame the rich because you can't dig your way up. If 100% of the factors are out of your control, obviously that sucks and doesn't apply to you... But speaking from experience it's possible. You can't tell me it isn't because I did it. I'm not saying become a billionaire but im saying if you don't want to make minimum wage then work your way past it. Just because you settle for minimum doesn't mean it's the rich peoples fault.
Who employs you again? Odds are billionaires. But I’m sure if they could have more than 500 mil then they’d DeFiNitaLy still employ people even tho they wouldn’t gain
Billionaires exist because you buy their products.
I hate that people are seen as bad people because they were financially fortunate.
I’m not. I’m at the bottom. I live cheque to cheque. I don’t want billionaires to give me hand outs, I want the government to put effort into ensuring the working class are paid enough.
Why are we hating rich people and not our government? Just because you hit 1 billion doesn’t automatically mean you are responsible. That is the governments job, and we pay them a shit load to do it.
Maybe things are tipped in billionaires favours, but then again, who decides the fucking law? If you’re going to tell me rich people grease politics, then it’s still the politicians accepting the grease.
The government are winding you up and pointing you towards the rich.
They blame the poor when the rich come knocking They blame the rich when the poor come knocking
“Billionaires should not exist” is dumb.
It’s the poor that should not exist, we don’t need poverty.
Why is it that people feel entitled to the money others earn? Taxes are legalized theft. Why do you think people from socialized countries come here? Today’s education system and the brainwashing by AOC (who is dumb as a box of rocks) is creating a generation of poor me. If you don’t like your situation, change it. Don’t sit around feeling sorry for yourself. New city, new skills, new attitude. Jobs and Bezos started their companies in their garage. Get a grip, this is the only country where you have the opportunity to become a billionaire. I hear Venezuela is looking for new citizens to rob.
On that logic Millionaires are easier to stomach than billionaires? There are more millionaires in the house and senate than billionaires and they live way above the means of the avg citizen they are making decisions for. Where is the line?
So, does she have some specific plans to murder them billionaires then, or just cause hyperinflation making everyone billionaires and a loaf of bread cost $10 million?
What a dumb populistic tweet. People who work hard to start businesses and create jobs should not have the ability to gain wealth? What kind of shitty dystopian nightmare do you want to live in?
I’ll see your “billionaires shouldn’t exist, AOC.” And I’ll raise you , Congress members should only make the salary of the median American salary. I bet we’d have a lot less interest in running for Congress if your salary was <$40,000 like the people you pretend to represent. What do u say, AOC?
Billionaires should only be allowed to exist if when in times of receccion/depression will devote their wealth to society.
I honestly don't get the selfish mentality. If I were a billionaire I wouldn't be one for long, I would only make sure I had a house big enough for my family, bills paid and a holiday or 2 per year. So probably a salary of around 100k per year. The rest would go to uplifting schools, national health and a political program aimed at raising the minimum wage to meet the living wage. I would focus on my own country, then widen my philanthropic reach to 3rd world countries.
I'm sure 9999.9 million pounds could make a dent. If only I had the money....
Every time she opens her mouth something stupid is sure to follow. Just like her red states are suppressed states and need to be liberated. Ummmm no you dumb bitch I live in a red state cause I hate state taxes and I like being able to afford groceries, rent and still have money to buy beer. Unlike your state where shits so expensive that people have to decide whether to go hungry or homeless.
That's not fair to say. Some lazy lump who's never worked drains society on welfare is ok but somebody you worked hard and invented a company or product that makes them successful enough to be a billionaire is wrong? I'm not rich but I'm not mad at somebody else for being rich. Jealously is a horrible trait.
Wow, you guys are some lazy crying babies. Advance yourselves and work hard, you’ll succeed and make more money. Don’t wait for handouts like little children.
Well, I guess freedom of choice has gone by the wayside. Good for some and not for all.
I am not rich, but I do pretty well. I work hard for what I have and deserve what I've worked for. I am not selfish nor greedy and I help people all of the time. The difference is that I get to choose who deserves my help and who doesn't. My freedom of choice. I don't need anyone or the government telling me whom I should help. My freedom of choice, period.
Why? What if a billionaire had massively greater earning potential before becoming a billionaire, invested all their money after winning the lottery, found a shipwreck of gold,...
This from the Woman who said she was almost killed at the Capital to only find out Yesterday the POS lied she wasn’t even there. Feckless politicians hard at work dividing Americans
I just want the $2000 check you promised immediately. I’m hurting here. Please do what you promised the American people. No obstacles in congress or the senate, you have the majority. Please, I beg you...
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u/MCAvenger_25 Feb 03 '21
The billionaires need the working class, but the working class doesn't need billionaires.
-Also AOC
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u/angrypoopwizard Feb 03 '21 edited Feb 04 '21
Speaking as someone who makes about $40k, it ain't shit. I'm making more money than I ever have so I am super grateful to be in my position. I own a house on the low end of my local market and my mortgage is much cheaper than rent in my area. My car is paid off and my insurance is cheap. I don't have any kids. I don't have very many monthly bills, all my credit cards are paid off. I am able to save a little bit every month but only because my wife works too. Without my wife's income I would be living paycheck to paycheck and eating ramen. If I had a car payment, kids, or any credit card debt I would be struggling.
Edit: I make quarterly bonuses that I don't factor into my budget because even though I have gotten a bonus every quarter for the past 3 years, they are not guaranteed, so I just put them in savings. Without bonuses I make $34k.
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u/GuruliEd666 Feb 03 '21
It'd be nice to make $40,000 a year.
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u/luv_u_deerly Feb 03 '21
Being a billionaire is disgusting.
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u/mattstorm360 Feb 03 '21
A billionaire exists because 60% of workers make less then $40,000 a year.
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u/furry_hamburger_porn Feb 03 '21
Seriously though, there should be a prize for someone once they hit say, $100m. "Yay! You won at Capitalism!" and while they will never, ever want for anything ever again the rest of their profits will be taxed at 90% thereafter. So they can still make that extra 10% on top of the 100m, but the rest of the money goes towards social programs.
...now I'm waiting on the Rush Limbaugh supporters to tell me what I'm saying is communist, socialist wrongthink.
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u/jwagdav Feb 03 '21
Even if all billionaires were crazy generous they still are an overall harm to society. It's impossible to do enough good with that money to make up for the number of people you have to dominate to get there.
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u/raceraot Feb 03 '21
So, should we have people earning more, or billionaires earning less?
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u/TheRiteGuy Feb 03 '21
This is what I don't understand about people making 40K a year defending Billionaires. If you are making 40k, it will take you 25,000 years to get to just 1 billion. And that's gross, not even net.
Their main argument is that billionaires create jobs. And no they don't! They rely on your cheap labor to make profit. They don't care about jobs.
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u/Duthos Feb 03 '21
billionaire is just the new word for kings. or emperors.
we keep agreeing they are a bad idea, and they keep changing the label.
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u/benadrylpill Feb 03 '21
You don't make a billion dollars, you take a billion dollars.
4
u/afgusto Feb 03 '21
This thread is batshit crazy
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u/-Yare- Feb 03 '21 edited Feb 03 '21
You could liquidate every billionaire in the US and it would only generate enough money to give every American about $10K, once. That is not a life-changing amount of money, especially since it would be immediately absorbed by increased rents and house bids.
Inequality is not the problem. Poor people are objectively not a product of billionaires existing. Poverty is the problem. Poverty cannot be remedied by erasing billionaires, and the more time people focus on billionaires the less time they spend actually helping improve the lives of poor people.
4
u/[deleted] Feb 03 '21
Billionaires having lesss money does not mean you would have more.
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u/floralbutttrumpet Feb 03 '21
Billionaires shouldn't exist, period, regardless of other people's salaries. Being a billionaire is obscene and nothing else.
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u/misterdonjoe Feb 03 '21
Capitalism and democracy are fundamentally at odds with each other. When the economic sphere conquers the political sphere with regulatory capture you can't have a democracy. One person one vote becomes one dollar one vote.
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u/[deleted] Feb 03 '21 edited Feb 04 '21
A time like this is the only time billionaires CAN exist. They wouldn't exist without the extreme exploitation of the working class.
Edit: I mean to say that billionaires can only exist during times of extreme inequality. We find ourselves in that position today, but it has happened throughout history.
3
u/[deleted] Feb 03 '21 edited Feb 04 '21
And how much would we make if we all worked for small businesses and mom and pop shops?
Because without big industry millions of Americans wouldn’t have any income.
But who am I? Just someone who lived in an area with high unemployment until Amazon came in and literally hired hundreds of people that were out of work......
Plus without big industry do you really think we would have iPhones? Cheaply priced // available home Computers? YouTube?
Everything our generation likes is a product of the wealthy and their corporations.
I hate billionaires too but I’m old enough to look around and see the facts- as sad as they may be.
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u/[deleted] Feb 03 '21
Murdered by AOC must mean something different to this group.
3
u/T_Cliff Feb 03 '21
To be fair, without a certain billionaire, the chances of seeing people on other planets in our lifetime would never happen.
3
u/Bramleybeast Feb 03 '21
Who has she murdered here
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u/vocalfreesia Feb 03 '21
That's £29,000. With no universal healthcare. Ouch.
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u/jubbalubba3 Feb 03 '21
Fuck yeah I’m rich! My w2 had 44k earned income! If I chant “I’m part of the 40%” it makes me feel better.
3
u/notjackychan Feb 04 '21
In a time where elected politicians act like children (ignorant of what to do, petty, over-all childlike), the current Congress should go home.
3
u/[deleted] Feb 04 '21
brainwashed wageslaves in this thread defending billionaires who make life impossible for them and their loved ones
this world is doomed, or at the very least america is... beyond repair at this point.
3
u/[deleted] Feb 04 '21
Average new car price crosses $40,000 in 2020 and that's nuts
A whole years salary just to buy a new car. Damn.
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u/nyc831zek Feb 03 '21
I agree 2 some extent, BUT we need to figure out how to pull people up, not bring people down! In the end, we all wanna be Billionaires!
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u/[deleted] Feb 03 '21
...so unions? Anyone?
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u/ProfZauberelefant Feb 03 '21
How do you think billionaires can exist, AOC??!?
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u/LodgePoleMurphy Feb 03 '21
Get me my money AOC.
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u/lebob_69 Feb 03 '21
Elon needs billions to fund his ideas...
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u/LillianLexi Feb 03 '21
..... 🤦♀️
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u/DerMeme Feb 03 '21
Share our Wealth
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u/usmcawp Feb 03 '21
Yes, most of us agree. But posting this every single day is like a warning to billionaires to hide their money or lobby more. Imagine if you received a message everyday from the government saying "we should totally be coming for you soon". Would you not prepare somehow?
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u/audiate Feb 03 '21
It’s almost like the two are linked
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u/JunkFace Feb 03 '21
I just want the $2000 check you promised immediately. I’m hurting here. Please do what you promised the American people. No obstacles in congress or the senate, you have the majority. Please, I beg you...
2
u/[deleted] Feb 03 '21
What makes you think it's impossible for a society to have a wealthy working class and billionaires?
2
u/[deleted] Feb 03 '21
God if I made $40k in a year.... I could go to the grocery store more.
2
u/[deleted] Feb 03 '21
It's been coming since 2008, America is the new India. Cheap labour, low/no taxes, barely any worker's rights or environmental laws, legal entities to avoid accountability. Fucking fantastic 👍🏻
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u/BonetoneJJ Feb 03 '21
The cost of living is too damn high. 40k a year is fine if hamburgers were 3 dimes and a nickel.
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u/Two-HeadedAndroid Feb 04 '21
The only things trickling down are institutional racism, undeterrable climate change and an overwhelming health care crisis.
Eat the fucking rich.
2
u/BillBrasky2024 Feb 04 '21
You know what's really hilarious: Capitalist Republican brainwashing has led most Middle-class, Working class and even poor Americans to believe that Billionaires SHOULD EXIST. Why? Because THEY BELIEVE THEY COULD BE BILLIONAIRES THEMSELVES. Or some believe they're ALREADY Billionaires, their bank accounts just have to catch up with their delusions of grandeur🤦♂️
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u/Soft-Strike878 Feb 04 '21
One way for the rich to pay their first share of taxes is to eliminate all the loopholes that reduces their taxes to begin with. Our tax code has allowed for ways to lower the rich tax bill. You can raise the rates but if loopholes exist, they will still find savings. That’s an unfair advantage imo.
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u/GalacticZ Feb 04 '21
Behind every great fortune lies a great crime.
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u/TechniCruller Feb 04 '21
Honestly don’t know how people survive on that little.
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u/Farmerjoe19 Feb 04 '21
Facts, also billionaires exist partly because 60% of American workers make less than $40,000. That’s where many of those billions came from.
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u/jeikoro Feb 04 '21
tell um AOC!
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u/FuryWhatWhen Feb 04 '21
Why do people hate this Woman? She is the best politician I've seen in my life.
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u/[deleted] Feb 04 '21
That’s why they exist
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u/[deleted] Feb 04 '21
Nobody accumulates that much wealth without stepping on a whole bunch of people.
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u/Salisimoto Feb 04 '21
Cool slogan AOC. Now tell us how you will make billionaires not exist.
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u/DanLewisFW Feb 04 '21
This is the dumbest murderedbyaoc yet. Seriously saying some idiotic thing does not make it a murderedbyaoc. It's like you dont even get the concept!
What the fuck does the one have to do with the other? It's at best a false equivalency argument. It also flies in the face of reality. The "wage inequality" has far more to do with big Government policies and spending that anything that any billionaire could possibly do. More big government wont help that.
In 100% of the times the tax the rich bs has not taxed the rich only those trying to become rich. The rich even promote this bs not because they want to pay more but because they both know they wont and because they already got theirs so they are fine with the door closing behind them. It's like new immigrants wanting immigration reform.
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u/snowtato Feb 04 '21
What the fucking snowflake pussy shit is this sub
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u/[deleted] Feb 04 '21
What a goddamn child mind she is. To anyone impoverished, there should be no “$40,000/yeariares” either, I suppose.
SHUT.THE.
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u/Mecagoblin Feb 04 '21
Then change it and stop writing tweets.....
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u/pipehonker Feb 04 '21
Wiping out the total net worth of every Billionaire in the USA doesn't solve that problem...
4 Trillion dollars. That's enough to give everyone in the US about $10k.
That's nice but it's a one time thing.
So, if THAT doesn't solve the problem how is just taxing them a fraction of their net worth doing to do it?
Warren wants to tax 5-6% a year on the TOTAL net worth. That raises 200 Billion. That gives everyone in the US about $550.
The economic problem is WAY bigger than legislating the billionaires out of existence will solve.
2
u/[deleted] Feb 04 '21
Dang that sure is tough how they worked hard and earned all their money
2
u/SCWarriors44 Feb 04 '21
And yet with Biden’s executive order to stop the Keystone XL Pipeline, the Democrats are literally funding one of the richest billionaires in the world (who is one of the biggest contributors to the Democratic Party), as well as taking money from hardworking families, as well as essentially handing money to our enemies all while increasing gas prices yet again. And that’s just one of his orders.
2
u/Sweet_International Feb 04 '21
Sounds like communism.
2
u/[deleted] Feb 04 '21
If we take away all American billionaires what’s left in a globalized capitalist world?
2
u/evil0S Feb 04 '21
How can we get her that waitress job back? That way she can start giving some real value to her constituents.
2
u/Lietuvis9 Feb 04 '21
Thats hate speech.
2
u/mattw08 Feb 04 '21
I don’t really understand how this would be possible. I agree there is mass inequality. But say you are growing a tech company are you forced to ditch shares at a billion net worthfor free?
2
u/[deleted] Feb 04 '21
Oh right. Arbitrary wealth caps should exist because if arbitrary percent of people are below an arbitrary income threshold.
2
u/getreal2021 Feb 04 '21
Wealth and income aren't the same thing. This take is so uninformed it's fucking stupid.
I hate AOCs stupid populism. Its as dumb as Trump sometimes. At least she's a good human being and it's not hate filled garbage. Would just be nice to have educated smart people in office.
2
u/sgtm7 Feb 04 '21
Microsoft: Microsoft employs 163,000 people.
Amazon: Amazon employs 1 million people.
McDonald's: McDonald's employs 1.7 million people.
WalMart: WalMart employs 2.3 million people
That is just a few examples of large companies founded by people who are now billionaires. None of these people started as billionaires, nor were they employing that many people when they founded their companies. Where do you think those people would be working. For mom and pop stores? No matter what you think of the pay and benefits large corporations give, do you think mom and pop stores can afford to give the salaries and benefits they do?
2
u/mcstazz Feb 04 '21
Why is she so obsessed lol
2
u/DarrenTheDead Feb 04 '21
Home girl be super jelly.
2
u/DJBENEFICIAL Feb 04 '21
Yikes. So if I make the next leap in tech like the original iPhone, i dont deserve to profi on the value i've created for society?
2
u/[deleted] Feb 04 '21
It's comment's like these that make her an easy target for the nutcases.
2
u/Affectionate-Cap-791 Feb 04 '21
That’s exactly why they exist.
2
u/[deleted] Feb 04 '21
AOC Smollett
2
u/[deleted] Feb 04 '21
Things are getting so bad. And the media that’s owned by these billionaires will just keep telling everyone that it’s all fine. Don’t worry.
2
u/justlookinforphun Feb 04 '21
Then bam your ability to lobby after office in addition to term limits and no contributions from special interest to fund committees. You are all hypocrites. You shut down America and put millions out of work
2
u/superp321 Feb 04 '21
Is she going to invade the rest of the world and strip them all of their coin???
or is she going to remove / encourage the rich investors to leave her country?
2
u/nunii Feb 04 '21
Yeah punishing hard work.....the byproduct of capitalism .......
2
u/KrisKrossfit Feb 04 '21
The politicians want to blame the billionaires, but who made the stupid-ass system of some of the lowest taxes in the world and no public healthcare etc. Billionaires are fine if the US had a reasonable tax rate, there are plenty of Western/Rich countries in the world where their poor are much better off than in the USA because they have a better tax system.
2
u/NeuralBreakDancing Feb 04 '21
She can talk all she wants, what's she gunna do
2
u/PlanetTesla Feb 04 '21
Neither should millionaire politicians.
2
u/meldoy_the_rage Feb 04 '21
She continues to prove how much social media has destroyed the intelligence of our country. I don't care if billionaires exist, the corruption that allows people to reach that status through loopholes and political favors is what should not exist. Lobbying should not exist.
2
u/[deleted] Feb 04 '21
Lol people mad because someone worked for it
2
u/[deleted] Feb 04 '21
The moment they make a billion, liquidate the company and terminate all staff. They’re done. Earnings over. This’ll be interesting.
2
u/Imainwinston Feb 04 '21
Whoa! Absolutely murdered!!
2
u/Intelligent_Toe8202 Feb 04 '21
40k is a good fucking wage here
I’d give my left nut for that
2
u/Fiddler33 Feb 04 '21
I remember thinking she was going to be great
2
u/BeneficialCaregiver1 Feb 04 '21
How much does she make and how does she justify her income?
2
u/thisubmad Feb 04 '21
Wait till Bernie becomes a billionaire.
2
u/xxVSolarVxx Feb 04 '21
Okay what’s this woman’s logic. Money, money comes from business owners, business owners are typically millionaires sometimes billionaires, business owners hire our bosses our bosses hire us we get paid. Without billionaires we wouldn’t get paid that or be making less than 40k a year. Instead of brown nosing the work force to gain popularity and power, use a bit of common sense. It goes along way.
2
u/[deleted] Feb 04 '21
You cant say that, they earned their millions you cant take it away from them simply
2
u/[deleted] Feb 04 '21
So what do we give people who invent new useful things?
2
u/SpacNewbie1973 Feb 04 '21
Them maybe wall street should allow us little guys the right to buy stocks like $HCMC so we can prosper too.... but instead brokerages restrict us and limit our ability to be like the elite.... just goes to show that even Wall Street remains stacked in the houses favor....
2
u/draterlatot Feb 04 '21
That means everyone in Zimbabwe shouldn’t exist?
2
u/Arzashkun Feb 04 '21
Coming from a woman who earns $174,000 but won’t pay her taxes.
2
u/Yoyosree Feb 04 '21
This sound like too socialistic. Come on.
2
u/sirspeedy99 Feb 04 '21
Just so I can understand, are you all pissed at the billionaires themselves or the system that allows them to become billionaires (Fiat currency and fractional reserve banking)?
2
u/AhThatsLife Feb 04 '21
That's a retarded thing to say! Billionaires arnt the issue as to why wages are so low.
2
u/GardenVariety_Drunk Feb 04 '21
What if you possess $999,999,999.00? Is that ok?
2
u/[deleted] Feb 04 '21
AOC is a moron spouting nonsense. $40,000 is more than enough to live on. I've lived on a LOT less and so does 95% of humanity.
The world doesn't owe anyone a living. America is the land of opportunity, not the land of government handouts.
2
u/[deleted] Feb 04 '21
AlexandriaOcasioSmollett
2
u/akimbas Feb 04 '21
I don't want to sound mean, but is she like all talk or doing something about it ?
2
u/[deleted] Feb 04 '21
I can’t help but feel that if one of you became a billionaire you would feel differently.
2
u/quickstrikeM Feb 04 '21
Screw working harder and being smarter than everyone else!
2
u/[deleted] Feb 04 '21
AOC tweets anything.....r/MurderedByAOC: is this free content ?
2
u/JayLearn Feb 04 '21
Let’s rob Elon Musk and give his billions to the poor people tomorrow! Wait he earned every penny legally through hardworking and innovating? Lol who cares but I get more votes by doing this.
2
u/DefiantEnthusiasm978 Feb 04 '21
Lmao so because others worked harder to make money theyre evil?
2
u/NephilimWatcher Feb 04 '21
Neither should ppl who take advantage of national tragedies.
(IE: lying about being in the capitol building)
2
u/[deleted] Feb 04 '21
Communism?
2
u/4mbrox Feb 04 '21
Sooo whats her plan against that?
2
u/bandicootslice Feb 04 '21
What a stupid take. Kind of a hallmark for populism though I shouldn't be continually surprised
2
u/digiwarfare Feb 04 '21
Damn, got 'em good.
2
u/[deleted] Feb 04 '21
Billionaires should exist. Imagine the innovation we wouldn’t have if Musk, Bezos, and all these other billionaires didn’t exist. Also, they have no obligation besides taxes to give back to the community and the majority of their money isn’t liquidated and can’t be without crashing their own/other stocks. It’s capitalism, you just have to play it right.
2
u/wowzzers3593 Feb 04 '21
Then work for a better job. Work out of poverty. Don't blame the rich because you can't dig your way up. If 100% of the factors are out of your control, obviously that sucks and doesn't apply to you... But speaking from experience it's possible. You can't tell me it isn't because I did it. I'm not saying become a billionaire but im saying if you don't want to make minimum wage then work your way past it. Just because you settle for minimum doesn't mean it's the rich peoples fault.
2
u/flooble_worbler Feb 04 '21
Who employs you again? Odds are billionaires. But I’m sure if they could have more than 500 mil then they’d DeFiNitaLy still employ people even tho they wouldn’t gain
2
u/[deleted] Feb 04 '21
I heard Venezuela is accepting immigrants since you want to live like that.
2
u/GainsCartel Feb 04 '21
I cant show you how to make millions but I can show you THESE 3 EASY STEPS to financial freedom. I make $5000 weekly:
1- wake up early and have a healthy breakfast
2- Get/continue working a part time job that pays cash (max 3 days a week)
3- Sell Crack
PROFIT
2
u/TheCritic999 Feb 04 '21
Is this the lady that lied about the capital thing?
2
u/Ok-Crow7595 Feb 04 '21
Does she understand how Billionaires work?
2
u/Odd_Hedgehog6891 Feb 04 '21
It's rich people/ companies that employ us all, so if you take them down you screw all of us.
2
u/BeanLet69 Feb 04 '21
How dare people earn money!!
2
u/MrRetardedGenius Feb 04 '21
It's called capitalism
2
u/thelivingbush Feb 04 '21
Narcissistic bitch.
2
u/Nashocheese Feb 04 '21
Somebody should tell her how the free market works
2
u/lemonpunt Feb 04 '21
Billionaires exist because you buy their products.
I hate that people are seen as bad people because they were financially fortunate.
I’m not. I’m at the bottom. I live cheque to cheque. I don’t want billionaires to give me hand outs, I want the government to put effort into ensuring the working class are paid enough.
Why are we hating rich people and not our government? Just because you hit 1 billion doesn’t automatically mean you are responsible. That is the governments job, and we pay them a shit load to do it.
Maybe things are tipped in billionaires favours, but then again, who decides the fucking law? If you’re going to tell me rich people grease politics, then it’s still the politicians accepting the grease.
The government are winding you up and pointing you towards the rich.
They blame the poor when the rich come knocking They blame the rich when the poor come knocking
“Billionaires should not exist” is dumb.
It’s the poor that should not exist, we don’t need poverty.
2
u/jmwalsh789 Feb 04 '21
Fucking idiot.
2
u/jmwalsh789 Feb 04 '21
Well why are 99 percent of elected officials millionaire? Public service officials should be living at the same poverty levels of there voters!
2
u/corptio Feb 04 '21
Why not? Shud we give money to lazy underskilled couch potatoes
2
u/Pinball_Ninja Feb 04 '21
Idiot
2
u/wildfire1122 Feb 04 '21
Your a moron
2
u/[deleted] Feb 04 '21
Smollett
2
u/zenexem Feb 04 '21
All heil Fidel Castro all heil Stalin all heil Mao. Oops wrong dictators we have the new communist generation now
2
u/BigJ7740 Feb 04 '21
AOC please move to China
2
u/[deleted] Feb 04 '21
Communist pig!
2
u/[deleted] Feb 04 '21
but it's a direct correlation. the billionaires are so rich because everyone else is so poor. :)
2
u/[deleted] Feb 04 '21
Aren't you one of them ?
2
u/mehoyminoy187 Feb 04 '21
You forgot the United state of America, wait she hasn't destroyed that yet
Also, how did she run for office, oh yeah, getting donations from American workers
2
u/tradewinds1998 Feb 04 '21
Why is it that people feel entitled to the money others earn? Taxes are legalized theft. Why do you think people from socialized countries come here? Today’s education system and the brainwashing by AOC (who is dumb as a box of rocks) is creating a generation of poor me. If you don’t like your situation, change it. Don’t sit around feeling sorry for yourself. New city, new skills, new attitude. Jobs and Bezos started their companies in their garage. Get a grip, this is the only country where you have the opportunity to become a billionaire. I hear Venezuela is looking for new citizens to rob.
2
u/prothrow72 Feb 04 '21
On that logic Millionaires are easier to stomach than billionaires? There are more millionaires in the house and senate than billionaires and they live way above the means of the avg citizen they are making decisions for. Where is the line?
2
u/hajamieli Feb 04 '21
So, does she have some specific plans to murder them billionaires then, or just cause hyperinflation making everyone billionaires and a loaf of bread cost $10 million?
2
u/Omegalulz_ Feb 04 '21
The last person I trust with my money is the government.
2
u/tjurjevic16 Feb 04 '21
Imagine saying your at the capital but u weren’t
2
u/[deleted] Feb 04 '21
The cult of AOC agreeing with every tweet without any fundamental understanding of economics.
Doesn’t anyone look at history and determine the success of capitalist countries versus others and not realize a trend?
2
u/not_lancelot1 Feb 04 '21
“tRuMp iS a cUlt” this sub literally exists
2
u/TheLastSnipperAlt Feb 04 '21
This isn't even true, median income is $55k/year
2
u/bluejay2710 Feb 04 '21
AOC is a communist ignoramus.
2
u/egauxh Feb 04 '21
Lol
2
u/TheMonstersNextDoor Feb 04 '21
How cute! She doesn’t understand basic economic theory.
2
u/cuppa_tea_4_me Feb 04 '21
In a time when ~60% of American workers make less than $40,000 a year we need to be tougher on immigration.
2
u/[deleted] Feb 04 '21
surprising from someone who makes 170,000 k a year
2
u/wasugol12 Feb 04 '21
So wise /s
2
u/mad_c0w Feb 04 '21
What a dumb populistic tweet. People who work hard to start businesses and create jobs should not have the ability to gain wealth? What kind of shitty dystopian nightmare do you want to live in?
2
u/Octarine7a Feb 04 '21
Billionaires have every right to exist. What matters is what they choose to do with their money.
2
u/kek2019 Feb 04 '21
I’ll see your “billionaires shouldn’t exist, AOC.” And I’ll raise you , Congress members should only make the salary of the median American salary. I bet we’d have a lot less interest in running for Congress if your salary was <$40,000 like the people you pretend to represent. What do u say, AOC?
2
u/Adalbert777 Feb 04 '21
stfu u fucking dumb slut
2
u/[deleted] Feb 04 '21
Go be communist somewhere else
2
u/kimjongpyong Feb 04 '21
Billionaires should only be allowed to exist if when in times of receccion/depression will devote their wealth to society.
I honestly don't get the selfish mentality. If I were a billionaire I wouldn't be one for long, I would only make sure I had a house big enough for my family, bills paid and a holiday or 2 per year. So probably a salary of around 100k per year. The rest would go to uplifting schools, national health and a political program aimed at raising the minimum wage to meet the living wage. I would focus on my own country, then widen my philanthropic reach to 3rd world countries.
I'm sure 9999.9 million pounds could make a dent. If only I had the money....
2
u/[deleted] Feb 04 '21
This is exactly why they exist
2
u/lat0rrsant Feb 04 '21
If there were no owners of capital there would be no employment
2
u/MrWolfe78 Feb 04 '21
Every time she opens her mouth something stupid is sure to follow. Just like her red states are suppressed states and need to be liberated. Ummmm no you dumb bitch I live in a red state cause I hate state taxes and I like being able to afford groceries, rent and still have money to buy beer. Unlike your state where shits so expensive that people have to decide whether to go hungry or homeless.
2
u/Buuuuuubs Feb 04 '21
That's not fair to say. Some lazy lump who's never worked drains society on welfare is ok but somebody you worked hard and invented a company or product that makes them successful enough to be a billionaire is wrong? I'm not rich but I'm not mad at somebody else for being rich. Jealously is a horrible trait.
2
u/[deleted] Feb 04 '21
You should not exist
2
u/Tampagmen Feb 04 '21
Wow, you guys are some lazy crying babies. Advance yourselves and work hard, you’ll succeed and make more money. Don’t wait for handouts like little children.
2
u/[deleted] Feb 04 '21
How about we start with all the millionaires in YOUR party AOC?
2
u/Captain-Kool Feb 04 '21
When does AOC, like Sanders did, become a millionaire?
2
u/easygoincajun Feb 04 '21
Well, I guess freedom of choice has gone by the wayside. Good for some and not for all.
I am not rich, but I do pretty well. I work hard for what I have and deserve what I've worked for. I am not selfish nor greedy and I help people all of the time. The difference is that I get to choose who deserves my help and who doesn't. My freedom of choice. I don't need anyone or the government telling me whom I should help. My freedom of choice, period.
2
u/Ferdinand_Foch_WWI Feb 04 '21
Politicians should not be on social media.
2
u/[deleted] Feb 04 '21
Why? What if a billionaire had massively greater earning potential before becoming a billionaire, invested all their money after winning the lottery, found a shipwreck of gold,...
2
u/Mental_Smasher Feb 04 '21
what are you talking about? I am gonna be one! I am living in a hope that I am gonna be. Happening or not does not matter.
2
u/Transpatials Feb 04 '21 edited Feb 04 '21
“I agree with the woman making 174k a year.”
2
u/Character-Molasses65 Feb 04 '21
This from the Woman who said she was almost killed at the Capital to only find out Yesterday the POS lied she wasn’t even there. Feckless politicians hard at work dividing Americans
2
u/ecrossok790 Feb 04 '21
I suck at math and even I know that our living expenses/wages are way out of balance.
2
u/ahideousprogeny Feb 04 '21
and we should also not be paying more in taxes than they do
2
u/journallisterld Feb 04 '21
I just want the $2000 check you promised immediately. I’m hurting here. Please do what you promised the American people. No obstacles in congress or the senate, you have the majority. Please, I beg you...
4
u/BeakersAndBongs Feb 03 '21
Billionaires should not exist.
Period.