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8
8
No more billlionaires Oppress us, oh great Midas
Debate Score:16
Arguments:15
Total Votes:18
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 No more billlionaires (6)
 
 Oppress us, oh great Midas (5)

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There Should Be a Limit on Personal Wealth

No more billlionaires

Side Score: 8
VS.

Oppress us, oh great Midas

Side Score: 8
2 points

Garnering a billion pounds in personal wealth is kind of like garnering yourself a three foot long, tree trunk circumference of a penis. Very impressive to look at, but entirely pointless and unfit for its purpose: divide the penis up, and make many men (and women) very happy. And retain enough to look after your own needs.

Side: No more billlionaires
1 point

That is an argument on favor for such a limit not to exist... that money is just a fabrication that exists in paper. He will die without really spending it.

Side: No more billlionaires
seanB(890) Disputed
1 point

It just exists on paper as a fabrication, therefore we shouldn't impose a limit? Look, that money is a billion pounds. This amount would take the average earner in the UK 34,482 years to earn, and that is not the bilionaire's company's money, that is just their personal wealth.

That is an astronomical figure. There is absolutely no need for it, and it is exactly why we should have a limit, with all excess being reimbursed back into society. It is society that allows these people to get to where they are -- despite this insidious notion that it is all "self-made", when in actual fact, it is workers who drive the company upwards by providing their labour -- and it is society who should therefore share the benefits of that wealth.

For 34,482 people earning a very modest salary, it is not just a "fabrication that exists on paper". And even if we don't impose a limit, they should at the very least pay from their 34,482 times bigger share by the closing of any and all tax loopholes. A flat, ultra high rate tax over personal wealth of say 10 million, because nobody could ever need more money than that to live safe and well for the rest of their lives.

Side: Oppress us, oh great Midas

There’s a certain point where gazillions $$$ gets a little childish. Although some capitalism does drive some innovations and inventions.

Side: No more billlionaires
3 points

There’s a certain point where gazillions $$$ gets a little childish. Although some capitalism does drive some innovations and inventions.

Capitalism works great for people who are naturally greedy, lying, self-obsessed, backstabbing bad guys. Communism was the idea that you could do it the other way and create a society which incentivised characters rich in integrity, selflessness and duty to the species. Turns out you can't. The bad guys don't like it.

Side: Oppress us, oh great Midas
1 point

I agree we don't need to have a zillion billionaires. I do think people should be allowed to gain enough wealth so that they can live comfortably without needing to work in their later years.

Side: No more billlionaires
0 points

As a fat Chinese Commie who single handedly murdered 40 million people I couldn't agree more.

Side: No more billlionaires
0 points

As a fat Chinese Commie who single handedly murdered 40 million people

Hey, far be it from me to chastise you just because the American right wing invented its own fake version of history and you were too stupid to question it. You go right ahead and enjoy your ignorance. You've earned it.

Official Chinese sources, released after Mao’s death, suggest that 16.5 million people died in the Great Leap Forward. These figures were released during an ideological campaign by the government of Deng Xiaoping against the legacy of the Great Leap Forward and the Cultural Revolution. However, there seems to be no way of independently, authenticating these figures due to the great mystery about how they were gathered and preserved for twenty years before being released to the general public. American researchers managed to increase this figure to around 30 million by combining the Chinese evidence with extrapolations of their own from China’s censuses in 1953 and 1964. Recently, Jung Chang and Jon Halliday in their book Mao: the Unknown Story reported 70 million killed by Mao, including 38 million in the Great Leap Forward.

https://monthlyreview.org/commentary/did-mao-really-kill-millions-in-the-great-leap-forward/

Side: Oppress us, oh great Midas
Chinaman(1640) Clarified
2 points

Mao only killed 16.5 million people now that must make you feel better you Commie.,

Side: No more billlionaires
Chinaman(1640) Clarified
2 points

You idiot now i am going to have fun with you.

Net worth estimates for Prince Andrew vary, but they all agree on one thing: The Prince is worth many millions of dollars, at least $41 million. Celebrity Net Worth puts Andrew’s net worth at $45 million. The Richest goes higher, putting Andrew’s net worth at $85 million. The Sun reports that Andrew’s net worth is about $41 million.

Brit do you just oppose billionaires and not millionaires.

Side: No more billlionaires
Chinaman(1640) Clarified
2 points

You stepped in it Brit and now i am coming for ya. So let's play you castrated Leftist Baby.

Side: No more billlionaires
2 points

I agree, there should be limits on wealth when it comes to our politicians. They can make laws that benefit themselves, so therefore they should be the only ones with limits to their wealth.

Politicians do not create jobs, rich business people do!

Side: Oppress us, oh great Midas
Saltal(201) Disputed
1 point

Politicians can, and do create an environment in which businesses can thrive and create wealth.

There certainly should be no limit on personal wealth which was attained by proper business practises.

If someone's business acumen and innovation creates an industry requiring a labour force of 1000s such a person deserves to have limitless earning potential.

Side: No more billlionaires
1 point

In practice, it is impossible to put a limit to accumulated wealth.

It might be a good idea on paper, like socialism... it will lead to lying to say the least.

Almost billionaires will either flee to a different country or bend the law through bribes.

Side: Oppress us, oh great Midas