General Discussion

Abolishinist

(2,823 posts)

84. "The millionaires and billionaires are the problem"

Wed Nov 12, 2025, 09:29 PM

5 hrs ago

Sounds like a certain politician before they became a millionaire. It seems they have since dropped that and now only go after the billionaires.

Regardless, to say "they do none of the work and pay none of the taxes" is not close to being accurate. In 2023, there were 24 million 'millionaire households' in the U.S., or 18% of the total number of households. In 2022, the top 5% of earners paid 61% of the federal income taxes collected. The bottom 50% paid 3%.

You might not care for the M's and B's, but it's best to use actual facts when attacking them.

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At the age of 69, I have reached a conclusion [View all] orangecrush Tuesday OP

The battle between good and evil is the iconic human condition. Irish_Dem Tuesday #1

You nailed it, Irish_Dem. BComplex Tuesday #18

We had a brief spell of peace after WWII. Irish_Dem Tuesday #20

Hey I_D popsdenver Tuesday #44

Thanks for the recommendation ! Irish_Dem Tuesday #54

I personally guarantee popsdenver Tuesday #59

Does DU have a book/movie club? Irish_Dem Tuesday #63

Don't know popsdenver Tuesday #65

Right I thought I had read most of his books. Irish_Dem Tuesday #66

This message was self-deleted by its author Irish_Dem Tuesday #60

Thank you orangecrush Tuesday #77

K&R. bronxiteforever Tuesday #2

69 here too - and I completely agree NewHendoLib Tuesday #3

Ditto from me, yellow dahlia Tuesday #37

Exactly. BlueTsunami2018 Tuesday #4

I agree. Scruffy1 Tuesday #36

78 here. I agree our system is broken. Looks like the billionaires used religion to their advantage? bluestarone Tuesday #72

The "ism" doesn't matter. Capitalism, Communism, Feudalism...it always ends up the same. Mister Ed Tuesday #41

We need a French revolution Meadowoak Tuesday #5

Perhaps, but heaven spare us from the ensuing Reign of Terror. n/t Mister Ed Tuesday #43

We do. Maru Kitteh Tuesday #70

Well, at least you haven't reached 'the' conclusion. bucolic_frolic Tuesday #6

So if we had to write a new Constitution orangecrush Tuesday #15

The whole 18th century timetable would have to go bucolic_frolic Tuesday #39

Benevolent Trillionaires 2na fisherman Tuesday #68

K&R spanone Tuesday #7

History is now so quickly distorted and neutered that nothing is learned from it GreatGazoo Tuesday #8

I feel exactly this way sometimes Diamond_Dog Tuesday #9

We've pretty much always lived under fascism. BlueTsunami2018 Tuesday #71

The greedy always want a larger gold ballroom than their greedy neighbor has KS Toronado Tuesday #10

Another "69er" (hah!) here in complete agreement. WestMichRad Tuesday #11

... orangecrush Tuesday #13

And Jesus said, "He who gathereth the most wealth may purchase his entrance to Heaven" Martin Eden Tuesday #12

A big part of the problem is too many spooks jfz9580m Tuesday #14

Hey orangecrush - Don't sell yourself short. You have plenty of time left to see Trump, MAGA, and flashman13 Tuesday #16

K & R malaise Tuesday #17

Thank you orangecrush Tuesday #24

Got ya by three years. czarjak Tuesday #19

Tax the billionaires out of existence. hunter Tuesday #21

Good people are not billionaires. n/t iscooterliberally Tuesday #22

We need to raise the minimum wage...and install a salary cap! nt Wounded Bear Tuesday #23

"wealth cap" markie Tuesday #27

Yes. We don't tax wealth on a national scale. Time to start...nt Wounded Bear Tuesday #30

No business should be allowed to pay their CEO more than 20x... Squaredeal Tuesday #29

The knowledge that I've got enough. patphil Tuesday #25

When your salary/net worth achieves a certain number of zeroes... Wounded Bear Tuesday #33

keeping score is an accurate description. Look at Elon Musk. patphil Tuesday #50

I think wealth is often like a malignancy misanthrope Tuesday #61

been saying that same thing markie Tuesday #26

Last week I went to lunch with a couple MenloParque Tuesday #28

Excellent. mountain grammy Tuesday #31

I agree 100% Orangecrush. Also I feel content to have 'enough.' joanbarnes Tuesday #32

What system is better at keeping those in power from mis-educating and depoliticizing uponit7771 Tuesday #34

This part his hard Politicub Tuesday #35

Hubris on steroids orangecrush Tuesday #38

Amen. Seriously, how is this shit not pissing people off? jfz9580m Tuesday #40

The millionaires and billionaires are the problem. Initech Tuesday #42

The Uber wealthy own popsdenver Tuesday #45

The uber wealthy also own the companies that control the media. Initech Tuesday #55

Thx for reminding me popsdenver Tuesday #58

This message was self-deleted by its author Abolishinist 8 hrs ago #83

"The millionaires and billionaires are the problem" Abolishinist 5 hrs ago #84

Post removed Post removed Tuesday #46

Good first post orangecrush Tuesday #49

Good post, especially the comments drawn in. yonder Tuesday #47

At the age of 71, I've come to that conclusion as well. Borogove Tuesday #48

The greedy could be overcome if: BaronChocula Tuesday #51

knr RockCreek Tuesday #52

I was also class of 74 and feel the same way ! kimbutgar Tuesday #53

I hate to beat this dead horse, but until elections are unhackable, and BComplex Tuesday #56

It comes and goes. We come and go. 2 steps up, 1 back. Repeated. Festivito Tuesday #57

I love the Vonnegut quote Redleg Tuesday #62

And, it is called 'unfettered capitalism masquerading as a societal model'. OldBaldy1701E Tuesday #64

Those are the magic words of inner peace, IMO... slightlv Tuesday #67

Right there with you. mdbl Tuesday #69

Dayum, lots of us old farts here LilElf70 Tuesday #73

Thank you orangecrush Tuesday #74

I really loved Joseph Heller samplegirl Tuesday #75

My brother gave me Catch-22 when he came home from Vietnam orangecrush Tuesday #76

Yes it was a great one. samplegirl 18 hrs ago #80

Corporations deemed as people. Return of the robber barons. Blue Full Moon Tuesday #78

I hope the new guard orangecrush 20 hrs ago #79

As long as we give money and wealth so much power Farmer-Rick 18 hrs ago #81

Well put. orangecrush 18 hrs ago #82