Anonymous
Anonymous asked in HealthMental Health · 7 years ago

Why are these Greedy Multi-Billionaires hoarding all of their money?

Warren Buffet - Democratic - Net worth $45 Billion

Larry Ellison - Democratic - Net worth $27 Billion

Christy Walton - Democratic - Net worth $24 Billion

Michael Bloomberg - Democratic - Net worth $18 Billion

Sergey Brin - Democratic - Net worth $15 Billion

Larry Page - Democratic - Net worth $15 Billion

George Soros - Democratic - Net worth $14 Billion

Steve Ballmer - Democratic - Net worth $13 Billion

Paul Allen - Democratic - Net worth $12 Billion

Jeff Bezos - Democratic - Net worth $12 Billion

Anne Cox Chambers - Democratic - New worth - $12 Billion

All together that's 207 Billion dollars. Why aren't these evil rich people helping to spread the wealth?

11 Answers

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  • 7 years ago

    I think you have a fair point.

    Shouldn't all registered Democrat, Billionaires be required to give over 95% of their accumulated wealth for the Public Welfare?

    Unfortunately, you can only do that once.

    And from your list that wouldn't even pay HALF of the Interest Payment for our Public Debt for 1 Year.

    It would barely cover the spending the Federal Government does on Education for 1 Year.

    And after you take all that someone has, the First Time, I guarantee you, they will make sure to NOT let it happen again.

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  • 7 years ago

    Well, just look at the economy Obama has created. Would you want to invest in America considering all the risks you'd be taking? Its sad how many laws, regulations and taxes we have. The fact is, the government is the true roadblock to sustained growth. Why do you want these guys to waste their money investing in something that probably wont make money? Its real easy to spend someone else's money, isn't it?

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  • 7 years ago

    They are spreading wealth in jobs. Their worth is tied up in company investments, and those investments are used to employ lots of people.

    Those private jets and yachts cost a lot of money to fill up, and the chauffeurs and pilot expect to get paid. It's actually their wealth managers that are hoarding the money.

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  • Jim B
    Lv 6
    7 years ago

    The reason they have money is because they don't give it to people to sorry to work for what they want. The reason they are sitting on it is because the current administration cares more about imposing new regulations on small business rather than trying to be business friendly for startups. You can rest assured if I had their money I would sit on it to.

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  • Anonymous
    7 years ago

    Because their taxes are so low. Most of their income is from capital gains, and the capital gains rate is only 15%. If we taxed capital gains at the same rate as earned income, we would not have a budget deficit.

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  • 7 years ago

    Please provide your current checking account balance so that we may tell you how to spend your money.

    The bad part about freedom is that sometimes people do things with their freedom that you disagree with... But you suck it up and deal with it because freedom is better than slavery.

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  • 7 years ago

    Bloomberg isn't a democrat.

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  • John
    Lv 4
    7 years ago

    @Missy, you know that's called trickle-down economics, right?

    the staple of fiscal conservative ideology? the ideology that liberals condemn us for?

    yeah, that.

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  • Anonymous
    7 years ago

    and they are voting for a president who will make them have to pay higher taxes, what's your deal?

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  • Harry
    Lv 4
    7 years ago

    You jelly?

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