this post was submitted on 15 Jan 2025
1 points (100.0% liked)

Memes

46385 readers
130 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 

Devide

verb

Obsolete form of divide.

top 50 comments
sorted by: hot top controversial new old
[–] davel@lemmy.ml 0 points 2 weeks ago
[–] MrMobius@sh.itjust.works 0 points 2 weeks ago (1 children)

Isn't that the definition of taxation and redistribution of wealth?

[–] Lauchs@lemmy.world 0 points 2 weeks ago (2 children)

Yes but if we can't spell divide I'm not sure I'd hold out hope for nuanced or accurate political commentary.

[–] plumbercraic@lemmy.sdf.org 0 points 2 weeks ago (1 children)

What have we got to loose?

[–] davel@lemmy.ml 0 points 2 weeks ago (2 children)

We half nothing too loose but our chain’s.

[–] Lauchs@lemmy.world 0 points 2 weeks ago

I had multiple involuntary physical reactions to that sentence.

You win.

[–] MrMobius@sh.itjust.works 0 points 2 weeks ago

No need to shame people for their spelling. You never know, the person in question might not be a native english speaker or could have dislexia.

[–] SlopppyEngineer@lemmy.world 0 points 2 weeks ago (1 children)

First you need to stop money from systematically flowing to the top or that dividing is only going to be a temporary measure.

[–] Agent641@lemmy.world 0 points 2 weeks ago (4 children)
[–] INHALE_VEGETABLES@aussie.zone 0 points 2 weeks ago (1 children)
load more comments (1 replies)
[–] SlopppyEngineer@lemmy.world 0 points 2 weeks ago (1 children)

To name a few:

  • the classic riot, violence and/or revolution
  • the coup
  • organizing through unions and have general strikes until things change
  • sustained peaceful protest
  • voting
  • switching to a different (underground) economic system
  • massive emigration

All come with some serious downsides of course.

[–] umbrella@lemmy.ml 0 points 2 weeks ago

or to sum it up: socialism

[–] asdfasdfasdf@lemmy.world 0 points 2 weeks ago* (last edited 2 weeks ago) (2 children)

I'd argue there should be a flat out cap on wealth. Nobody should have 500 billion dollars. Not sure what it should be, but somewhere under 500 billion.

[–] Piemanding@sh.itjust.works 0 points 2 weeks ago

You can have a soft cap with higher taxes as wealth goes up.

[–] Cowbee@lemmy.ml 0 points 2 weeks ago (1 children)

Would be nice, would still require a revolution.

[–] Agent641@lemmy.world 0 points 2 weeks ago
[–] Valmond@lemmy.world 0 points 2 weeks ago (3 children)
[–] SlopppyEngineer@lemmy.world 0 points 2 weeks ago

Turns out that technically they don't have wealth, just a lot of loans with paper assets as collateral.

[–] damnedfurry@lemmy.world 0 points 2 weeks ago (2 children)

No. Leave my IRA and 401k alone.

There is a reason every country that's tried a wealth tax has abandoned it (or neutered it to the point that it's primarily the burden of the middle class, completely defeating the ostensibly-stated purpose of getting more money from the wealthiest), learn some world history.

[–] Cowbee@lemmy.ml 0 points 2 weeks ago (7 children)

The reason countries abandon wealth taxation is because the ruling class, the bourgeoisie, doesn't like it, and the justification is that it hurts the working class, the proletariat, even if that isn't true.

load more comments (7 replies)
load more comments (1 replies)
[–] Cowbee@lemmy.ml 0 points 2 weeks ago

Would require either revolution or threat of it to pass to a meaninful degree.

[–] FuckyWucky@hexbear.net 0 points 2 weeks ago

It's better to jail them, what's the point of having money in bank accounts if you can't access it?

[–] whostosay@lemmy.world 0 points 2 weeks ago (1 children)

Yes, but I'll do the dividing. Just trust me on this one

[–] SatansMaggotyCumFart@lemmy.world 0 points 2 weeks ago (1 children)

Yeah I’ll evenly spread out Elon Musk’s $200 billion.

[–] whostosay@lemmy.world 0 points 2 weeks ago

You're still winning the name game, btw. I honestly don't think anyone's gonna pass it

[–] ThomasCrappersGhost@feddit.uk 0 points 2 weeks ago (1 children)

The rich will just come up with clever ways to get paid that avoids paying tax.

[–] explodicle@sh.itjust.works 0 points 2 weeks ago (2 children)

Land value taxes are immune to tax evasion. It's assessed by the state instead of declared by the taxpayer.

load more comments (2 replies)
[–] Schal330@lemmy.world 0 points 2 weeks ago (2 children)

How about capping the amount they can earn above their lowest paid employee? For them to rise they have to take everyone with them

[–] Valmond@lemmy.world 0 points 2 weeks ago

Or to be realistic, maximum ten times more.

Let people dream a bit!

[–] Hamartia@lemmy.world 0 points 2 weeks ago

They'd just 'devide' up their businesses into a chain of symbiotic entities defined by paygrade. Then the executive level can enrich itself insulated from us front line grunts.

[–] CyberMonkey404@lemmy.ml 0 points 2 weeks ago (1 children)

It's not "their" money. It's our communal wealth, stolen and privatised

[–] explodicle@sh.itjust.works 0 points 2 weeks ago

It's 100% their money. They control its rules, and it's designed to make them rich at our expense. Their money is part of how they steal our wealth.

[–] Dagwood222@lemm.ee 0 points 2 weeks ago

Yes, the same people who couldn't get past the DNC to get Bernie nominated are certainly going to ge able to redistribute all the wealth.

[–] danc4498@lemmy.world 0 points 2 weeks ago

But their nephew’s painting on the wall is worth a million bucks.

[–] Coreidan@lemmy.world 0 points 2 weeks ago (2 children)

Come on man you can’t even spell divide

[–] Hamartia@lemmy.world 0 points 2 weeks ago (2 children)

Devide

verb

Obsolete form of divide.

[–] Coreidan@lemmy.world 0 points 2 weeks ago
load more comments (1 replies)
[–] Frog@lemmy.ca 0 points 2 weeks ago (1 children)

I came here to lead, not to read!

[–] Mr_Blott@feddit.uk 0 points 2 weeks ago

It's gold, not lead

[–] surph_ninja@lemmy.world 0 points 2 weeks ago (1 children)

Stop letting them borrow against it.

[–] Schadrach@lemmy.sdf.org 0 points 2 weeks ago (1 children)

No, no, no. Just like a tax on unrealized gains is a bad idea because of how much it would royally fuck up the stock market, including every 401(k). What they need to do instead is tax the ways used by the extremely wealthy to utilize their gains without technically realizing them, even if that sometimes means taxing debt (aka treating it as income when they borrow against it and taxing accordingly).

[–] surph_ninja@lemmy.world 0 points 2 weeks ago

Yes, changing the status quo is going to require some sacrifice. But we have more to gain by seizing their wealth than we do by protecting our crumbs.

[–] bluewing@lemm.ee 0 points 2 weeks ago (3 children)

Isn't that what taxation pretty much does? Takes money and redistributes it?

[–] ShimmeringKoi@hexbear.net 0 points 2 weeks ago

Ostensibly, but if you ask any billionaire about it they'll just suppress a laugh

[–] jsomae@lemmy.ml 0 points 2 weeks ago (1 children)

I suppose OP is proposing a wealth tax.

[–] Cowbee@lemmy.ml 0 points 2 weeks ago

I think it's more about Socialism than taxation.

[–] AngryCommieKender@lemmy.world 0 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Not in the US at the federal level. Taxes are an anti inflationary device when dealing with a sovereign currency. It's the last step of the fiscal year. Step one is literally printing money, step two is distribution of those funds, step three is to allow the money to circulate between businesses and people, and then step four at the end of the year is to levy taxes to combat inflation. They used to literally burn the dollars they collected, now they just zero out an entry in a ledger.

[–] leftytighty@slrpnk.net 0 points 2 weeks ago (1 children)

but how will we pay for <anything that's not increased military spending>???

talk about social services and taxes are like a bake sale, talk about funding war and it's what you describe

[–] AngryCommieKender@lemmy.world 0 points 2 weeks ago (1 children)

That's more due to political will, than the economics of the system

load more comments (1 replies)
load more comments
view more: next ›