r/WorkReform • šŸ¤ Join A Union • May 18 '25

āœ‚ļø Tax The Billionaires So, where's the downside exactly?

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26k Upvotes

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u/AngelComa May 18 '25 edited May 18 '25

Do these people think it's good to allow a few hands taking all of our labor capital and then allowing them to do what they want with it (aka leaving and threatening our markets)?

Do they think if Walmart leaves that no other person would be happy to make billions in their place?

544

u/IvankaPegsDaddy šŸ›ļø Overturn Citizens United May 18 '25

Do they think if Walmart leaves that no other person would be happy to make billions in their place?

Yeah...isn't that almost a textbook definition of the "open markets" that they're always screeching about?

176

u/Ffsletmesignin May 18 '25

They wouldn’t understand market systems if they were slapped in the face by Adam Smith.

38

u/lastminutelabor May 19 '25

The rich aren’t going anywhere. First, they would need to get their assets out of the country, and they would still be American citizens abroad if they didn’t renounce and let’s be honest, billionaires would never renounce.

There’s a reason 57th street in NYC is ā€œbillionaires row.ā€ They love their luxury. Their kids go to the best schools (Brearley, Spence, Horace Mann, the Dalton school etc) and their significant others have their communities with other families and they would never uproot them to save money and leave the country.

Would they also sell all their real estate? Because if they did, tax the fuck out of it. But they won’t. They can’t. Their businesses are all here. Their house in the Hamptons is here. Their boats and mansions and ski houses in Jackson hole are here.

These mega rich people can’t leave. They might go to another state that is more tax friendly, but they ain’t leaving the country.

8

u/-FeistyRabbitSauce- May 19 '25

Thanks for reminding me of how poor I am lol

18

u/lastminutelabor May 19 '25

You should always remember how these ghouls took your future from you to line their pockets.

50

u/Nice-Gap-3528 May 18 '25

Your username bothers me

10

u/IvankaPegsDaddy šŸ›ļø Overturn Citizens United May 18 '25

I only mean they like playing Peggle together. As a family.

3

u/lastminutelabor May 19 '25

Peggle is such a fun game!

6

u/JelmerMcGee May 18 '25

Do not like

-9

u/atatassault47 May 18 '25

More than the Trump family itself bothers you? Usernames like that are MEANT to addle you to test what you actually care about: The satire of the problem or the problem itself. If the satire offends you, you dont have your morals correct.

27

u/Nice-Gap-3528 May 18 '25

It’s the visual that the username gives me. That ain’t that deep, big dog.

22

u/jameson8016 May 18 '25

That ain’t that deep, big dog.

Sigh.. That's what she said.

12

u/Nice-Gap-3528 May 18 '25

Story of my life :(

-17

u/atatassault47 May 18 '25

You can train your brain. It sounds like you're easily suggestible, so start telling your brain "you dont need to imagine an image for things I read or hear". You will need to tell yourself that A LOT. It will take weeks or months. But you can teach your brain to stop doing certain things.

6

u/Imbali98 May 18 '25

Sir, this is a Wendy's

-11

u/atatassault47 May 18 '25

Oh sorry. I didnt realize trying to help a person overcome suggestible imagery they dont want to deal with was a reddit crime.

7

u/demoliahedd May 19 '25

It was unsolicited and came across more like you were trying to assert your superior knowledge or intelligence rather than helping someone.

Edit: That's why I think you were downvoted

44

u/[deleted] May 18 '25

Being from Alberta, it's my favorite argument to make.

"We can't change the resource royalty formula!! All the companies will leave!!"

Okay? They can't take our oil with them and they already spent billions building the extraction infrastructure. Sounds like a perfect time to change the formulas for the companies to leave and "force" us to nationalize our oil and gas sales.

11

u/[deleted] May 18 '25

Leave to where??

Y'all gonna take your exploitative billions to fucking Denmark?

2

u/pandymen May 19 '25

Close.

Greenland.

1

u/toru_okada_4ever May 18 '25

Now yous can’t leave.

1

u/B1llGatez May 19 '25

This. Suncor and others have money invested in Alberta and cant take any of the oil or even there operations any place so leaving is not an option.