Either not taxed enough or there's almost no competition in the thing they do. And in a healthy free market, there should definitely be competition in a field that nets that much profits. The logical conclusion is that something is actively preventing the competition.
Work Reform
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
that nets that much profits
that's kinda the issue, building rockets isn't all that profitable. they do it anyways because they believe in the vision and that it will pay off long-term, just not short-term
You think the free market can save us from billionares. Wow. How long have you been drinking that kool aid man.
$999,999,999 is just fine though!
Stop focusing on an arbitrary figure and start focusing on a real progressive income tax with no loopholes or workarounds.
$999,999,999 is just fine though!
Better than $450 billion, gotta start somewhere
It's not a policy failure; it's a feature of the system. We need a different system that doesn't allow the existence of billionaires to begin with
I agree, but they're not giving enough credit to human greed and megalomania. It should be at least 50/50.
Time to bring out the soluti-honhonhon.