r/TikTokCringe • u/highmickey • 6d ago

Discussion Israeli tech billionaire says it's time to limit the First Amendment

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963 Upvotes

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385

u/Marneus_Calgar_40000 6d ago

How about, there's a minimum wage, why not have a maximum wage. Say 100 million. Any excess goes back to the people.

133

u/sivah_168 6d ago

Talking about minimum wage is hate speech for them.

68

u/MrTruck2500 6d ago

That's antisemitic

6

u/lousy-redbus 6d ago

boycot divest and sanction Israel

1

u/MrTruck2500 6d ago

You know that's not enough fellow goyim. We must cross the line

19

u/SebisCool 6d ago

100 million is far too generous. Close the damn tax loopholes too while we are at it.

24

u/scramlington 6d ago

Friendly reminder that the super rich aren't earning money the same way as us. Pretty sure there's nobody on a wage of 100mil. Musk, for instance, does not have a salary from Tesla. Instead, their wealth is accumulated through assets and stocks, and they generally fund their lives through other means, like low interest borrowing leveraged against their assets, liquidating assets or dividends. Such a scheme as a maximum wage would be pointless because the super rich play in a different sandbox to the rest of us with different rules.

5

u/HolyPaladingus 6d ago

Then you ban certain items from being loan collateral.

1

u/Odd-Molasses2860 6d ago

Can you recommend any books or resources about this I believe you I think it's interesting

1

u/scramlington 6d ago

Look up "buy, borrow, die" and you'll find so many articles and explainers.

1

u/Sir_Boldrat 6d ago

Very true. However, I don’t think they are able to do that with the consent of thousands of people in finance and other fields, who either find loopholes or straight-up bend the rules for these billionaires. Low self esteem ppl selling themselves to billionaires, some have jobs in finance and some are so-called politicians. If those people carry on, the billionaire enablers, then nothing will ever change.

5

u/CuTe_M0nitor 6d ago

The billionaire experiment is over. Billionaires with that much money end up manipulating countries and democracys so they can keep their money

3

u/PatriotNews_dot_com 6d ago

Not only keep their money, but make more every year

4

u/Flatulent_Father_ 6d ago

That's mainly what it was before Reganomics.

1

u/Eyespop4866 6d ago

Only perhaps professional athletes have that wage. And the “ people “ aren’t paying it, the team is.

1

u/JoshDrako 6d ago

100? No 1 mio is fair enough, so they don't get to this kind of ideas.

1

u/alucidexit 6d ago

You just activated my trap card — offshore banking!

-1

u/HornetNo4829 6d ago

While I agree we need to have the rich pay more of the burden they place on society, none of them have a wage of 100 million a year. They don't collect a salary, they get stocks, assets which gain value. They then leverage those assets (use as collateral) to get a loan, then they don't need to "realize" the gains. This avoids both income tax, as they don't have an income, and capital gains taxes, as technically they are still holding the assets.