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I am a Millionaire. Tax Me More, Please. (macleans.ca)

submitted 4 weeks ago* (last edited 4 weeks ago) by Davriellelouna@lemmy.world to c/canada@lemmy.ca

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[-] ininewcrow@lemmy.ca 12 points 4 weeks ago* (last edited 4 weeks ago)

I know plenty of millionaires ... people who own property, vehicles and wealth that all amount to one or two million ... and they are still just getting by. They aren't that terribly wealthy - they don't live with any more luxury than most people, they just have more things.

Billionaires on the other hand are something else ... it's like comparing someone with a weight problem and calling millionaires slightly pudgy and billionaires are grossly overweight behemoths that can affect the structure of your house.

Here's a visual comparison using grains of rice of what a millionaire and billionaire and the wealth of someone like Jeff Bezos is

Using Rice to Show How Rich Jeff Bezos Is | NowThis

[-] Arkouda@lemmy.ca -2 points 3 weeks ago

I understand the extreme difference between millions and billions. My point is neither a millionaire nor a billionaire needs it.

[-] fnord@lemmy.ca 6 points 3 weeks ago* (last edited 3 weeks ago)

Sure, but we don’t “need” anything above our basic survival cost, let’s go live on the Savannah and hunt our food again.

For me the problem are those who hoard wealth, who don’t earn a salary but sit and live off their massive pile of accumulated wealth. We need a wealth tax now.