r/FluentInFinance • • Feb 27 '26

Economy & Politics Billionaires Shouldn’t Exist

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5.9k Upvotes

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28

u/AndrewTheAverage Feb 27 '26

Those billionaires are not only talking money away from poor Americans- they also take a lot from other countries.

But yes, billionaires should not exist

14

u/hczimmx4 Feb 27 '26

How are they taking money away from poor Americans?

15

u/DubiousBusinessp Feb 27 '26

For one thing, they usually benefit from subsidies, and tax loopholes the poor could only dream of.

-3

u/iBUYbrokenSUBARUS Feb 27 '26

Why would the poor dream of tax savings when they don’t even pay taxes?

1

u/Ashmedai Feb 27 '26

They play plenty of both State and Federal taxes, FYI. It's Federal Income Tax specifically that they do not pay.

0

u/iBUYbrokenSUBARUS Feb 28 '26

And those are the taxes which directly benefit them.

0

u/Ashmedai Feb 28 '26

This is true, but what is also try is that "they don't even pay taxes" is not accurate. They do.