I'm a white male who voted Biden. Why?

submitted by DoubleReverse from self.politics

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[–]emptiedriver 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (7 children)

The amount of money the super rich have is beyond any level of use and there are millions of people literally suffering in the meantime.

Life is a limited resource. Don't try to save up money for a life beyond the one you have. People waste their time looking at their money grow or shrink, without ever using it or enjoying it. They are only increasing their greed, until they die and pass it on to grandchildren, and the cycle continues. When it's a large enough amount of money, taxing it so that basic needs can be met for all is fair. In a more even system, no one has hundreds of millions, but also no one lives on the street or can't afford food.

Winning powerball is pure luck. How long you live has a lot to do with luck too. If you live for 80 years, & you win powerball at 40 then you have maybe four decades to enjoy it, and for some of those years you don't even want to do much more than sit around. Why not share the wealth?

[–]Intuit 7 insightful - 2 fun7 insightful - 1 fun8 insightful - 2 fun -  (6 children)

Saving money is how you don't become a burden to others in the future. It gives you more confidence and flexibility. People who complain about being slaves to their employer don't save money. People who make money and save it are being more productive and creating more wealth for everyone. If you punish them for being more productive, there will be less wealth to go around for everyone. Some people really are more effective at creating wealth than others. I want them to have more resources at their disposal. It benefits me.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

Please save up enough money to convince a banker to give you a loan so you can simply buy some property, then tell me how fucking simple and easy it is, Intuit.

You just blame it on laziness, when that's only a portion of what makes poor people poor. You sound like pretty much every conservative I've ever met (I'm not calling you one, just letting you know you sound like a country bumpkin living in a place with low taxes, low interest rates, and a high enough income to convince bankers that you have a dick to swing)

[–]denverkris 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (4 children)

You don't need to "convince" a banker to give you a loan. You either qualify or you don't. At least you can admit that laziness is "a portion of" whats keeping ppl poor.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Being lazy keeps some people poor, sure. That's easy to admit, because it's true.

You don't know shit about banks and such if you think it's only "fill out these boxes, meet these requirements"

I've literally lived out the truth. Banks don't give a shit what you do so long as you play ball.

[–]emptiedriver 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

A person who works at an ordinary job and is raising a family will not be able to save much beyond some limited resources for their children's future, potential emergencies, or retirement funds, even when they're good with their money. The ones who have real flexibility have gotten lucky in one way or another - some more fair or rational than others since money in business can be based on manipulation, cheating, cutting out at the right time, or just dumb luck, and being super rich will mean further investment and growth at a level that just isn't available when losing money is not abstract but a meaningful risk. If losing a few million is just a number, you can bet at significant odds and do pretty well when the stock market is going up. If losing a few thousand might ruin your life and you could need access at any time, you won't want to move it out of a safe savings account that barely accrues interest.

Higher taxes for the billionaires means we can provide some of the things those people might be scared about and give them the breathing room to invest their few thousand - make health care, education, transportation or vacations more accessible and affordable, for example...

[–]denverkris 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

There are not enough "billionaires" to fund all the shit that people want for "free". Most any country who has successfully provided these types of services has done so by taxing everyone at high levels, because they figured out that a) there's not enough rich people to pay for it all and b) rich people get sick of having their money taken away disproportionately, and many will simply leave to protect their assets.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

You probably couldn't imagine a world where money isn't the main pillar society is built on. Apes.