Which is extremely important. It's important to call out highly immoral behavior and lifestyles. Being a billionaire by itself is highly immoral. These people sleep like babies while people starve to death.
> He consistently communicated with shareholders of Berkshire in a straight-forward and transparent way in his letters and annual reports.
If we're going to assign moral value to people based on their wealth (a classic logical fallacy), then I think you need to take a look in the mirror.
The global median income is $2,760 annually. You sleep like a baby making likely 10-100X that, all while people are starving to death.
What are you doing to help the starving poor with your vast wealth? Are you not also morally bankrupt yourself, using your own logic?
While you're joining the current bolshevik revival that the populist left is trying to spin up, I just hope you remember the kulaks (the land-owning peasants) and many of the Serednyaks (the middle class peasants) also got murdered in the revolution. I'd keep any claims of moral superiority to myself if I were you.
Sorry but I am not retarded enough to compare my income to a billionaire gaming the system while half of my salary is taken to help exactly the people who cant afford life themselves. The world would be a much better place if billionaires got taxed as much as regular people. By percent not in absolute numbers obviously.
The vast majority of billionaires don't get wealthy by 'gaming the system' and if that were the case and you simply could just game the system, why isn't there more of them?
Also, you still haven't explained how you're morally superior by being in the top 10% of global earners vs. the top .01%, while people are starving. Using your logic about how you think the world works, you've clearly gamed the system to take more for yourself.
Billionaires are subject to the exact same tax laws as you. What you're likely referring to is the discrepancy in taxation of capital gains vs. income and the use of debt to borrow against assets.
But you then have to contend with the fact pretty much every successful country in the world taxes capital less than income at a certain point. And nobody taxes debt. Why? Because it incentivizes risk taking and investment in businesses (a value multiplier) vs. the non-scalable activity of selling your hours as an employee past a certain point.
What you perceive as "immoral" activity (investment and entrepreneurship) is the risk-taking that makes the economy function and grow, which benefits everyone.
Even your perceived socialist utopia, the Nordics (where I live) taxes capital gains less than income. I think you may want to investigate whether this is a Chestertons fence before loudly shouting about remaking the world on an emotional impulse and calling me a bootlicker.
Which is extremely important. It's important to call out highly immoral behavior and lifestyles. Being a billionaire by itself is highly immoral. These people sleep like babies while people starve to death.
> He consistently communicated with shareholders of Berkshire in a straight-forward and transparent way in his letters and annual reports.
We praising for the bare minimum now?