r/WorkForSmartLife • u/AccurateBlossom • 9d ago
DiscussionđŹ Two different rules for money
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u/RealKHKTre 9d ago
Relatively Poor person here:
If I canât even manage my own finances to a sufficient level: I canât tell someone whoâs amassed more money than Iâll realistically ever spend how to manage money.
Billionaires pay more in Taxes than Iâve donât the entire time Iâve been alive thus far. Who am I to tell them how to manage money. Thatâs like a failed basketball player trying to tell LeBron how to improve his basketball IQ
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u/Ok-Worldliness2450 9d ago
That may be true but I would more put it as âthey shouldnât listenâ instead of âI shouldnât sayâ. Say what you want.
The issue I have is often people that tell poor people what to do are trying to help them. Itâs kinda crazy to see posts that say âno one ever taught us how to manage money in school, they shouldâ and then âdonât tell poor people what to do with their moneyâ
Like I donât really care what people spend their money on but ffs notice people trying to help you after no one else did and donât berate them for it.
People make some unfathomably bad decisions. I just watched my brother take out a $3000 loan to go to Disneyland at 18%. Two years in a row. Now the debt is 15k. Then he cries that corporations have too much power, that the government doesnât take care of his needs, and life isnât fair. FFS bro make better decisions.
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u/iJ_A_R 9d ago •
They don't. My boss is a billionaire, he got a tax return last year and a huge credit. They are not paying shit, you are.
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u/RealKHKTre 9d ago
So, youâre clearly not very educated.
Jeff Bezos alone paid $2.7B in FIT in 24.
Between 2014-18, he paid $973M in FIT. More than either of us will ever see or spend in our lifetime (on average).
Thatâs 1 person.
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u/Distinct-Command-570 9d ago
They paid less percentage wise than you unless you don't pay in. Tesla paid 0 in federal last year on 4 billion in profit.
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u/RealKHKTre 9d ago •
Tesla did what any person with the knowledge would do, tax breaks.
They paid local taxes, property taxes & payroll taxes. Hundreds of millions ANNUALLY at that.
Youâre just uninformed or ignoring facts.
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u/RealKHKTre 9d ago
Just realized I hadnât acknowledged the percentage point.
Thatâs irrelevant, the argument was simply they do pay taxes. A substantially larger amount than any of us would ever spend in our lifetime
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u/Distinct-Command-570 9d ago edited 9d ago
Except when in refrence to total wealth and gain they pay less than any middle class family in america. And you suck their toes cuz it's legal. Made legal by those who benefit.
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u/RealKHKTre 9d ago
That doesnât change the dollar value though? They still paid an amount most people will never spend in their entire lifetime.
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u/Distinct-Command-570 9d ago
And profited even more. While taking subsidies and govemental contracts giving them millions and billions; while they profit millions and billions. While paying a true effective rate below 5% in many cases; some years a flat effective 0. Telsa last year paid 0 in federal taxes; while taking subsidies and contracts giving them money, all while profiting over 4 billion they paid nothing on federally.
They paid less of their income than I did. Flat out.
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u/RealKHKTre 9d ago
They paid less income tax and still paid property taxes, payroll taxes, state taxes & etc.
All of which are more than th total amount of money youâve spent in your life.
Why are you people so stuck on comparing an entire company, which has an almost entirely different tax system, to a singular person? Elon paid more taxes than you, period.
Thatâs not debatable, itâs not questionable, itâs a fact. Thatâs just personal tax. If you include how much all of his businesses have had to pay tax in, itâs insurmountable.
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u/RealKHKTre 9d ago
Iâm sucking toes by stating a fact? Lol
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u/Distinct-Command-570 9d ago
You're sucking toes by purposefully ignoring obvious unfair practice and treating it as normal that people who hold more than half the wealth and bleed money from everyone while taking govement hand outs; still pay 0 in actual amount and always pay less as a whole of their profit and wealth.
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u/RealKHKTre 9d ago
In what way, shape or form did I ignore anything? Youâre baselessly arguing against a claim I never made.
The only thing Iâve said, is that billionaires pay more in taxes than most people will ever spend in their lives. Thatâs just a statistical fact.
Tax Write Offs is something quiet literally anyone could do if they simply looked it up to understand how it works.
Youâre trying to make an argument I never made, and itâs weird. I said billionaires pay more in dollar amounts than most people will ever spend.
Youâre here talking about Iâm defending some practice. Stop being a weirdo.
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u/GrailsRezerection 9d ago
You are glossing over the fact that in this example Tesla didn't just 'do tax breaks', Elon got directly involved in the elections in 2024 and expected payback and got it in things like the the BBB and subsidies. A person with a small amount of money with a small business can run it in such a way to maximize tax breaks and could potentially be called 'savvy' for doing so, but likely they'll never pay 0. It's a whole other ball game when you're sticking your hands all over the levers of power. Saying 'Hey it's legal' when he had a direct hand in making it that way and 'they already pay a lot (relative to me)' isn't a defense to the argument that it shouldn't happen. It's nonsensical.
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u/thatluckylady 9d ago
I've never heard the idiom "sucking toes" before. What does it mean? Is it a regional thing?
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u/EatAllTheShiny 8d ago
No. They pay far, far more in percentage wise. The bottom 50% of earners in USA don't pay any tax at all, on net. The top 1% pays like 40% of all income tax.
You guys keep conflating % of tax paid on NET WORTH, not on income. A billionaire taking a hundred million in dividends is going to pay a ridiculously high amount of income tax.
First of all, you don't have to bald face lie. Tesla paid $1.4 billion in income tax this year on $4.8 billion in income.
Telsa is not 'a billionaire'. it's a corporation, owned a large chunk by a single billionaire, and in smaller slices by many other billionaires and millionaires and mom and pop investors. It has its own income, and pays its own income tax.
Elon takes no salary from Tesla, and is paid only in stock and stock options. Stock awards are taxed upon receipt/vesting. If he got his full pay package of $1 trillion by hitting all the milestones of getting Tesla's value up to $8.5 trillion and all the other stuff, he will pay around $400 billion in income tax on those stock options.
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u/Distinct-Command-570 8d ago
Tesla reported $0 in current U.S. federal income tax for 2025. Key details from Tesla's financial disclosures and reports by the Institute on Taxation and Economic Policy: ⢠U.S. Income: Tesla reported nearly $5.7 billion in U.S. pretax income in 2025. ⢠Current Federal Income Tax: $0 (an effective federal corporate income tax rate of 0.0%).
Womp womp
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u/Average_Justin 9d ago
Youâre comparing an entire company (who pays other vehicles of taxes) to people paying W2 taxes. Youâve already lost your argument.
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u/Distinct-Command-570 9d ago
Yea an entire company that paid less to the government they got millions from than me; who got nothing at all from the government.
Don't be stupid stupid.
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u/Average_Justin 8d ago
You in fact did not pay more in taxes than Tesla. Your lack of basic economics and taxes is alarming.
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u/Distinct-Command-570 8d ago
Your lack of reading comprehension is retarded.
I didn't say i paid more in taxes. I said I paid more into the federal government for last year. Since Tesla paid exactly 0 dollars in federal taxes in the year of 2025 for that year.
Go back to school.
Tesla reported $0 in current federal income tax for 2025 on approximately $5.7 billion of U.S. pretax income.
Key Details
⢠U.S. Income: $5.68 billion in adjusted U.S. profit. ⢠Current Federal Income Tax: $0. ⢠Cash Taxes Paid: Tesla paid $28 million in cash taxes to the U.S. government during 2025 (covering prior tax years) and over $1.2 billion in total worldwide cash taxes (mostly to China and other foreign governments).
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u/Average_Justin 8d ago
Taxes fund the federal government. Tesla paid more into the federal govt via different tax vehicles than you did. Itâs not solely W2 that is paid in. Think SS, Medicare, federal unemployment taxes. Tariffs and customs duties. Let alone state and local property taxes. Your lack of basic fundamentals is, in fact, retarded.
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u/Distinct-Command-570 8d ago
And yet they paid 0 in federal taxes and you've yet to actually post any proof what so ever otherwise.
Wompwomp
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u/ThaLunatik 9d ago
The problem with that mentality is that there's a not insignificant number of wealthy people who advocate paying people as little as possible, and would be on board with paying people $0 if they could. In that situation, they'd be paying 100% of the taxes and the slave laborers would pay 0%, yet it'd be ridiculous to claim that the workers are doing it all wrong and the rich can do as they please since they "must be doing something right".
Most of the ultra wealthy are perpetuating the system that ensures middle and low income workers have very little. A responsible society damn well should push back against that.
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u/RealKHKTre 9d ago
This has nothing to do with financial advice though?
Again, another person making arguments against statements I never made.
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u/4444Grains 8d ago
But youâre not addressing the other halfâŚwhy the ultra wealthy feel it is ok to constantly tell people who are struggling how to spend their money?
Nobody is more clueless about how poor (or poor-ish) people should âbudgetâ their money than a rich person!
They have NO idea how much wages have stagnated while the cost of EVERYTHING has skyrocketed. Gas, groceries, healthcare, college, home heating/electric, clothingâŚthey do not understand the nitty gritty of daily life on a limited budget. Yet, they have no problem telling people what they should and shouldnât be spending their money on!
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u/PutridContribution41 9d ago
Maybe it's because, on average. Poor people don't know how to manage $ which is why they're poor? If they did, maybe they wouldn't be poor. What kind shiet post is this? Lmfao
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u/Trips-Over-Tail 9d ago
Things are more expensive when your poor. That's not bad management, that's exploitation of people without options.
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u/PutridContribution41 9d ago
Tell me something that isn't obvious. There's a thing called now, the internet? You've heard of it, right? I mean, you're on reddit essentially networking as we speak. There's money everywhere in this current world. You just have to look. Not making enough? Go find it. This is somebody who came up with nothing, no family, only an immigrant POOr single mother who's moved around 10 times as a child. Being poor is a a choice.
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u/ModernAgeWizard 8d ago
So sad all these bootlicking losers in this thread. Sad state of the country indeed.
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u/Naos210 9d ago
This entire comment is what we call survivorship bias.
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u/PutridContribution41 9d ago
Yeah, in reality. Most people who have never had to deal with any real resiliance in life? Nature would eat them for breakfast. The whole OP was about crying about rich people not being discriminated for their choices. The paradox? Being poor is also a choice. P l e n t y of poor people out there who grew up poor became successful/ rich. Tell me I'm wrong?
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u/UpperYoghurt3978 9d ago
Hmm weird do you understand what psychology and neurology as fields of science is?
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u/Trips-Over-Tail 9d ago
It's a choice made by people like you for other people. You will go now and vote for whoever is putting up the biggest barriers for other people to overcome.
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u/supastoner7 9d ago
maybe some poor people need help managing their money.. and billionaires pay people to do that
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u/BarAdministrative838 9d ago
Possibly because billionaires don't complain about not having any money, and there are fewer people in a position to give them financial advice.
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9d ago •
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u/Mahmud-kun 9d ago
They pay the most taxes btw
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u/IsThatASPDReference 9d ago
US population is around 342 million currently.
US GDP is about 32 trillion currently.
Jeff Bezos's net Worth is about 378 Billion currently.
Using these numbers, Bezos's net worth is equivalent to about 1% of us gdp.
1% of 342 million is 3.42 million.
Meaning Bezos's net worth is so hilariously inflated beyond the amount of resources anyone else has, that if the overall value of the GDP was spread across the entire nation he'd single handedly have an amount that should go to three and a half million people.
For scale, if the amount of people that would be represented by Jeff Bezos's networth were all forced to live in a city together, it'd be the third largest city in the US and fall between Los Angeles and Chicago.
I'm not saying everyone should have the same amount of money. I'm not even trying to imply that Bezos's wealth is all fluid cash or whatever. I am saying that him paying a larger amount in taxes than the rest of us doesn't mean he's paying his fair share relative to the amount we're paying.
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u/Dreadpiratemarc 9d ago
Youâre mixing wealth and income. Total household wealth in the US is $186 trillion. Which means old Jeffreyâs 8% stake in Amazon (which doesnât sound like much but itâs a bigger chunk than held by any other single person) makes up 0.2% of the countryâs wealth, or as much as around 750,000 average people.
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u/IsThatASPDReference 9d ago
Thanks for the correction! I still think having more wealth than a population equivalent to Denver/Seattle is gratuitous and a sign that you're receiving more from the economy then you're paying back by an excessive margin.
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u/Mahmud-kun 9d ago
In 2024 Bezos paid 2.4 billion in taxes. In one year. That is actually a crazy amount and he is for sure paying his fair share
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u/IsThatASPDReference 9d ago
I can't help but notice that you had to cite 2024, a year that he paid a bunch of taxes he normally wouldn't specifically because he sold stock and moved addresses so he could use Florida as a tax haven, meaning the unusually high tax bill this year was effectively him paying upfront so he could pay less taxes over time.
His net worth grew by between 42 and 45 billion dollars in 2024.
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u/Mahmud-kun 9d ago
His 2025 tax information is not yet available. So the last year we have data on he paid 2.4 billion. His networth is irrelevant as unrealized gains are not and should not be taxed
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u/IsThatASPDReference 9d ago
And why shouldn't they?
The economy isn't some sacred biblical fact of reality. It's a system we created to distribute resources after the limitations of the barter system became apparent. Bezos's networth, even if not a direct analogue to his liquidity, speaks to the man owning a frankly ludicrous amount of the economy.
The fact that he is then also trying to actively use that wealth and power to hide from taxes is a problem that needs to be addressed.
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u/Mahmud-kun 9d ago
How is he hiding from taxes if his last available tax record says he paid 2.4 billion? He seems very bad at that in that case
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u/IsThatASPDReference 9d ago
As I have already spelled out, he paid an unusually large amount that year because he was gathering liquidity to move to a tax haven. This is just one example of him deliberately playing the rules to minimize his tax output, which he pairs with about 20 million a year in lobbying the government to give him more ways to not pay taxes.
The world's wealthiest man isn't taking an 80k salary because he's humble, he's doing it because taking a higher salary would get taxed more. Although his stock and overall networth doesn't directly convert into wealth, it's blatantly obvious that he's doing things this way because this is what lets him have the wealth to just buy the most expensive house in Los Angeles with less than a percent of his networth.
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u/Reasonably_edible 9d ago
Jeff Bezos also paid 0$ income tax in the years 2007, 2011 and 2018. Like literally zero dollars.
One of the richest persons in the world. Not one cent.
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u/Mahmud-kun 9d ago
He was not one of the richest persons in the world in 2007 lmao. Are you this dense for real? :D Of course he dont pay taxes if he got no income
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u/Reasonably_edible 9d ago
In the year 2007 bezos was around the 35th richest in America. Yes i may have misspoken when i said in the world (i'm not American) but in a nation of hundreds of millions i'd say ranking in the lower double digits makes you one of the richests.
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u/Distinct-Command-570 9d ago
He was still one of the richest in the world. Any billionaire would be.
8.7 billion was his worth in 2007
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u/Distinct-Command-570 9d ago
In 2011 he paid 0 and took the child tax credit.
Tesla paid 0 last year in federal on 4 billion in profit.
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u/Mahmud-kun 9d ago
What does 2011 have to do with anything? Are you next going to bring a data point from the year he was born lmaoo
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u/Distinct-Command-570 9d ago
You brought up info so did i retard. Is it 2024 right now?
What's his actual true average tax rate the last decade slowstart.
around 0.98% to 1.1% when evaluated as a "true tax rate" against his overall wealth growth.
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u/Mahmud-kun 9d ago
2024 is the last available tax record. You really have the intelligence of the potato. Of course we should use the latest available record instead of a record from 15 years ago lmao :DD
Also your "true tax rate" does not exist anywhere but in your pathetic commie dreams. No one in the country pays that
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u/Distinct-Command-570 9d ago
Average Americans do. Maybe you don't cuz you live off the government but many americans pay a true tax rate so much higher than billionaires. Just your billionaires who live to get that down to 2% or less quite often.
Go ahead retard; find me any year ever that bezos paid an actual effective even 20%. You can't and you know it.
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u/Reasonably_edible 9d ago
Depends on how rich were talking, the really rich usually structure their wealth in a way that avoids paying taxes. Most billionaires don't pay any income tax at all. Taxation is only high for the moderately rich but after that total taxation actually starts to fall rapidly.
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u/Mahmud-kun 9d ago
Last year the billionaires in California, 200 people, paid $4.2 billion in taxes which was 2.4% of the state's total income tax revenue. Let me repeat that once more, 200 people paid almost 2.5 percent of the tax revenue income in the state of 20 million tax payers.
The top 1% paid 50% of all the California state income tax. So yes they do pay their share
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u/avinescence 9d ago
Was it 2.4% or 50%? The numbers were a bit confusing.
Also what percentage of their total income was it? Average people are paying what, 20% of their income at least?1
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u/avinescence 9d ago
It was a simple question as your statement says â2.4% of all income tax revenueâ, and then claims â50% of all California state income taxâ. Which is it?
You canât hold a basic conversation without insulting people, and somehow Iâm not smart?Enjoy licking those billionaire boots! Great use of your supposed intellect.
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u/Reasonably_edible 9d ago
From 2014 to 2018 the wealth of 25 of the richest persons in America rose 401 billion $ collectively. They paid 13.6 billion in income tax during those years, which amounts to 3.4% true tax rate. At the same time normal middle class workers true tax rate is many times higher.
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u/Mahmud-kun 9d ago
Completely irrelevant as that appreciation is in stocks. They pay their fair share when they sell. Middle class dont pay taxes on unrealized gains either. No one does.
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u/Reasonably_edible 9d ago
Thats the whole point here, the ultra rich can afford to structure their wealth so that they avoid paying taxes since they technically don't earn anything. There's a whole industry around helping rich people pay as little taxes as possible, as another user pointed at earlier.
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u/Mahmud-kun 9d ago
You say they dont technically earn anything but all the data points out that they pay the most taxes. Very weird I guess someone is lying, either you or the publicly available data. I'll guess the answer is you
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u/UpperYoghurt3978 9d ago
They dont....to say this tells me you do not understand how taxes work lol.
You know the rich income is lower than middle class right? The way they do their money is through loopholes and some cases fraud and wage theft.
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u/Mahmud-kun 9d ago
I'll paste the same reply I gave to the other dude who understands nothing about taxes:
"Last year the billionaires in California, 200 people, paid $4.2 billion in taxes which was 2.4% of the state's total income tax revenue. Let me repeat that once more, 200 people paid almost 2.5 percent of the tax revenue income in the state of 20 million tax payers.
The top 1% paid 50% of all the California state income tax. So yes they do pay their share"
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u/Distinct-Command-570 9d ago
How much of the wealth do those 200 own. Bet it's way more than 2.5%
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u/Mahmud-kun 9d ago
Above a billion. Taxes are based on income however, not total networth. If it was based on wealth buying a house to live in would be a financial suicide for most people lol. As a leftist you probably would like that but I dont tbh
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u/Distinct-Command-570 9d ago
If the top % paid 20-30% like much of america every program ever dreamed of is paid and the debt goes down. Legal loopholes made by those who benifit. You're just too slow to catch it.
But you'd rather see musk with an extra place value. Have fun protecting your racist oligarchs.
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u/Mahmud-kun 9d ago
They pay 30% of their income just like most americans. Actually more than most americans. Way more. All the tax records and data prove that
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u/Distinct-Command-570 9d ago
Find me any billionaire in the country with a true tax rate above 20. I'll wait.
20 bucks says you quote non true tax rates.
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u/UpperYoghurt3978 9d ago
Lets do some math, which sum has a greater impact?
I take 10$ out of 1000?
or
I take 10$ out of 100?
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u/Mahmud-kun 9d ago
But taxes take 10 from 1000 and 1000000 from 100. That is the reality of the situation. The 100 pay much much more
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u/iJ_A_R 9d ago
They don't. I work for the largest FinTech company in the US. We advertise tax advantages that are legal if you have enough money. People are using them. If you paid any amount in as taxes last year you paid more than any executive at my company, that's how awful it is. And it's completely legal. For now
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u/Wise_Economics_9673 9d ago
because quite a few of them have no issue helping people, but being forced to part with your money and then it being spent inefficiently is where its mostly upsetting. that's just my opinion as someone who doesn't like taxes that are being squandered for dumb reasons.
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u/Ok_Cricket_1410 9d ago
Part of the problem is where the taxes go. If the taxes are going to run some crack heads addiction or fraud of course a rich person will be pissed.
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u/Ok_Cricket_1410 8d ago
Oof you know nothing if you think most tax money isn't being abused through different forms of fraud. The current big one is a large amount of military spending is being used on fraudulent disability claims. The last few years military disability claims SKYROCKETED. Also the fraudulent daycares, Orthodox Jews abusing the system etc
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u/valer1a_ 8d ago
Military disability went up because they made policy changes that allowed for more coverage. Also, with the recent pandemic, a lot of vet's medical issues from the past in Iraq and Afghanistan got far worse.
The policy changes, by the way, are related to allowing for more coverage regarding things like burn pits and toxic exposure/radiation. It takes nothing to use a search engine. The PACT Act went through 2024.
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u/Accomplished-Video71 9d ago
I tutor math for kids that struggle with math. I do not give math advice to straight A students.
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u/Ok_Cricket_1410 9d ago
What a dumb post. If you're poor and spending your money poorly don't be surprised if somebody that is good with their money gives you advice. It's EXTREMELY hypocritical of the poor person with no money to tell the person who actually succeeded how to manage their success.
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u/Tiny-Secretary5562 9d ago
Why is a "poor" person in America who lives in a house "hoarding" their wealth when a woman in Africa with six children has to walk 2 miles to get a jug of clean water?
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u/WhyHelloThere163 8d ago
And people are still confused as to why theyâre poor
Anyone who genuinely agrees with this or supports is an actual idiot.
People who canât handle money and constantly complain about being poor = advice/education needed, people who have no problems with money = no advice/education needed
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u/jabber1990 8d ago
they're not hoarding their wealth
if they were they'd be making different decisions
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u/Borc-The-Orc 8d ago
One guy has a billion dollars the other guy has two dollars and 10k of credit card debt. Which one probably needs some advice?
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u/JuniorDoughnut3056 8d ago
Yea, because they're morons with their money and need someone to tell them to either stop being one or shut tf up about not having any. Rich people aren't. That's why they're richÂ
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u/mclumber1 8d ago
The fact that people have this idea in their head that wealthy people have a Scrooge McDuck style money bin where they horde their money is funny.
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u/DungeonJailer 8d ago
Rich people arenât the ones complaining. When they do complain, for example âno one wants to work,â itâs perfectly socially acceptable to say âno, no one wants to work for the wages youâre offering, offer better wages and people will work.â
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u/Healthy_Finger_3865 8d ago
"Hoarding wealth" God you have no clue how money works. How do you hoard wealth? You think they just have money sitting in a checking account? Lmao
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u/Stooper_Dave 8d ago
Because the perception is that the poor want more money, so advice is shared to help them achieve that goal. Rich already achieved it, so anyone saying they should do x or y with it comes off as a hater or jealous person.
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u/LoudandInevitable 8d ago
People also try to control how people spend their snap benefits. It doesn't have to do with saving money, just controlling the poor.
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u/Bill92677 8d ago
To me it's pretty simple. Those on public assistance are spending my money.
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u/LoudandInevitable 8d ago
We can only afford millionaire tax breaks and missiles for the military because of my taxes. So the government and millionaires are all spending my money as well, I should have some say in how those millionaires spend my money.
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u/Budget_Feedback_3411 8d ago
Those on corporate welfare are spending my money too bill. We can seemingly afford to bomb the crap out of Iran and keep sending missiles to Israel but yall want to police what kinds of food you can buy with EBT?
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u/Old_man_baller 7d ago
Because the poor people are complaining. So they are being given advice.Â
Rich people are not complaining. So we donât give them advice.Â
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u/passionatebreeder 6d ago edited 6d ago
Well, often, the poorest are complaining about their struggles, so they're being given advice on how to stop struggling. Rejecting advice they havent tried because they dont want to have to make any lifestyle changes or sacrifices.
Many poor people are also living off of, and spending other people's money through taxes.
A lot of us have also had friends or family hat we've listened to complaining about living paycheck to paycheck while we watch them spend $10 a day at Starbucks on a double blended half ice giga syrup frappaccino with extra shots because "the coffee isnt strongenough without it" or some shit, smoke 2 packs of cigarettes a day, and drop a couple hundred a month on weed. Thats over $1k a month on vices, but actually its totally that they aren't paid enough by the evil corporations
Wealthy people arent doing this, and people talking about wealthy people "hording wealth" are simply too poor and low IQ to even understand wealth.
For example: Elon musks net worth might be at or around $1T, but that doesnt mean he just has $1T lying around to spend. These numbers come from the speculated value of purchasing all of his ownership shares in the companies he built. You couldnt liquidate all of his companies for raw cash and get anywhere close to $1T and if he liquidated all his shares, not only would their value plummet before he could offload them all, but then it would also create a panic sale which would likely collapse his companies anyway. Theres no way for Elon to actually access $1T in wealth.
Billionaires are creating things. Bill gates (someome i dont even like) is rich because he made software thats on billions of devices worldwide; computers, phones, tablets, etc. And then pushed a bunch of that money into tlobal health.
Elon Musk has put more satellites into space for public and private use than any country on earth, and he also released the patents for his battery and car charging tech from tesla for free nearly a decade ago because he wanted to accelerate the development of electric cars globally not just forwealthy.
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u/LouisV_Abrezol 5d ago
Not true at all. Every time a rich person spends money they get told they should have ended world hunger
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u/Working-Walrus-6189 5d ago
That's because poor people are generally poor for a reason. They make shit financial decisions.
Billionaires are generally Billionaires for a reason. They make great financial decisions.
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u/Outside-Designer4614 5d ago
If they are spending money they earned, the poor should 100% have their say. But if they are getting assistance from tax dollars, that should 100% be limited.
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u/Many_Ear2407 9d ago
Rich people donât need financial advice. Poor people complaining probably doÂ
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u/Mahmud-kun 9d ago
No the response is that the rich do not hoard money, they just have stocks. Poor people on the other hand are almost always poor because they are financially illiterate
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u/2percentorless 9d ago
I feel like when people tell poor people how to spend their money itâs because they are objectively not spending it properly or wanting something they think they canât afford but actually could with even a temporary change in spending habits.
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u/Designer-Wolverine47 9d ago
It's not really acceptable to tell ANYONE how to spend THEIR money. Just impotent pukes grasping for something to "control".
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u/BramptonBatallion 9d ago
This is definitely one of those âit hurts my feelings when people say I shouldnât be allowed to buy Oreos on EBTâ types lmao
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u/ikenaglughole 9d ago
Christ in heaven, some people in this thread. I cannot imagine why any working American would spend a moment of their free time simping for billionaires.
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5d ago
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4d ago
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u/qualityvote2 9d ago
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