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Topic	Do you think billionaires should exist?
Broseph_Stalin 11/16/19 9:49:10 AM #35:	In order to become as rich as he is, Jeff Bezos had to start a company that hundreds of millions of people use willingly each month, because it is cheaper and more convenient than what they used before. The same can be said for Gates and MS, Buffett and all the companies he invest in, etc. Even then their "wealth" is really just an estimation of the value of their assets. They don't actually have Scrooge McDuck vaults full of billions of dollars sitting untaxed, so it's very odd to blame wealth inequality on problems we face in this country. So yes we should have a system that offers incentive to innovate. <cite>Broseph_Stalin posted [p:930216028] in Do you thi... [t:78165549]...</cite> <quote>In order to become as rich as he is, Jeff Bezos had to start a company that hundreds of millions of people use willingly each month, because it is cheaper and more convenient than what they used before. The same can be said for Gates and MS, Buffett and all the companies he invest in, etc. Even then their "wealth" is really just an estimation of the value of their assets. They don't actually have Scrooge McDuck vaults full of billions of dollars sitting untaxed, so it's very odd to blame wealth inequality on problems we face in this country. So yes we should have a system that offers incentive to innovate. </quote> ... Copied to Clipboard!
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