this post was submitted on 02 Jul 2023
127 points (100.0% liked)
Moving to: m/AskMbin!
32 readers
2 users here now
### We are moving! **Join us in our new journey as we take a new direction towards the future for this community at mbin, find our new community here and read this post to know more about why we are moving. Thank you and we hope to see you there!**
founded 1 year ago
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't think everyone should be forced to give away everything they don't need to survive, I just think (in America's case) if you have enough wealth for several generations to live in luxury while our people are dying from inaccessible medicine and healthcare and more than half of our country has no savings living paycheck to paycheck, we've massively failed as a society to provide basic needs for our people. You could fund universal healthcare with just a tax on billionaires and they wouldn't have to change their lifestyle at all. If I had enough money that I lost 90% of it and I literally couldn't notice the difference, I'd be full of guilt every night watching people die because they rationed their insulin.
Even without a tax in place (and I seriously and truly support putting a tax in place), millionaires and billionaires could take relatively small steps to improve life for a lot of people.
Do you remember last year that news story where a church used the donations from the collection plate to buy up the medical debt for some people? If I'm recalling correctly, the church bought up the debt, pennies on the dollar, and with like $50k were able to help over 100 people. I may have wrong figures for the money value and the number of people impacted, but I think the point remains that a lot of people's lives got better without the medical debt, both financially and emotionally.
Billionaires have the capacity to do this same type of thing. Just pick any city and throw money at a major problem that directly impacts citizens. You don't even need to work with the city or state government there! Get together with your other billionaire friends and strategize to pick a variety of cities. Make a game out of it about who can afford to pay off the problems in Los Angeles or Chicago, and who can only afford to pay off the problems in Sacramento or Springfield.
I 100% agree they could and should, but I don't think it should be made their responsibility. You also wouldn't have to tax very drastically, because replacing the healthcare system with something like Medicare for All would cost less than the overall cost of our current bloated system, so the money could just get reallocated and the tax increases would just shift the responsibility slightly to the wealthiest of us. It should be popular with the "party of small business" and "lowering tax for the middle class" since it would cost businesses and workers both less money for better outcomes, but they only pretend to have principles when it can be leveraged for power. Health insurance is a fucking scam, and the fact that we can't unanimously agree companies making money extorting us with our lives aren't beneficial to society is bleak.