Yes it just seems very naiv to me, when people present their ideas as if they are facts as you do. Since people that belief to know something for sure already lost the opportunity to learn better.
I ...
Not sure how familiar are you with the world tax system to say this.
It is better to have 1'000'000 millionaires than 1 trilionaire because the trilionare do not pay taxes.
The do BBD ( Born - Borrow - Die ). In this system in eyes of the law they are broke all the time, they never have money to be taxed, because they borrow against their shares all their life and this is debt which is not taxable event, They borrow from the banks until they die, then the banks collect collateral of stocks and there are no taxes paid in this event.
Second - how much expenses can a trillionare make in his lifetime according to the expenses that 1'000'000 millionaires can do?
Can the trilionare use ( not buy ) 1'000'000 cars, 1'000'000 homes etc.
And yeas from mathematical point of view a million millionaires are better than 1 trillionare for the economy and society.
You can disagree from emotional point of view, but math is math.
It is better to have 1'000'000 millionaires than 1 trilionaire because the trilionare do not pay taxes.
The do BBD ( Born - Borrow - Die ). In this system in eyes of the law they are broke all the time, they never have money to be taxed, because they borrow against their shares all their life and this is debt which is not taxable event, They borrow from the banks until they die, then the banks collect collateral of stocks and there are no taxes paid in this event.
Second - how much expenses can a trillionare make in his lifetime according to the expenses that 1'000'000 millionaires can do?
Can the trilionare use ( not buy ) 1'000'000 cars, 1'000'000 homes etc.
And yeas from mathematical point of view a million millionaires are better than 1 trillionare for the economy and society.
You can disagree from emotional point of view, but math is math.
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