0 points
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But she’s a self made hard worker!

Sure the lowly paid worker cleaning the stadium she performs at is exploited and yes sure the factory worker sewing her next shirt is exploited, but Taylor earned her billions through her own hard work and she deserves it.

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3 points

Naw her music is over produced and follows the same formula the Beetles had. She had the money up front when creating the albums to have it tuned and mixed to sound better than it is. Also her songs all sound the same, bad.

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1 point

She would be the first to say she couldn’t do it alone. She massively over pays her staff. But she absolutely worked hard for it too.

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117 points
*

Edit: I’m using him as an example of an other billionaire who is constantly defended even though he owns 6 mega yatchs and a few submarines costing him an estimated 75 to 100 million a year just in maintenance. Sorry for the misunderstanding.

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18 points

Are you presenting him as an example of a good billionaire? Cause still, nah.

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7 points

Guarantee we’re going to find out he’s a real dirt bag after everything is said and done he just keeps a tight circle.

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4 points
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I doubt it. It’s obvious from looking at Gabe that he hasn’t really changed who is he from before he made his money.

And his ethics at work with a flat hierarchy don’t scream over involved shitty boss.

Mind you by virtue of having all that money, he isn’t good, but I don’t think he is bad either.

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21 points

To be a billionaire you need to be a dirt bag, it’s that simple.

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28 points
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It was not my intention, I edited my comment to make it clearer.

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69 points

He owns 6 yachts! What a waste of money, resources, and imagination!

You can only be on and enjoy a yacht one at a time so the other 5 are just there while other human beings in the world suffer.

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9 points

Pure greed

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86 points

Look I love Gabe as much as anyone but nobody earns a billion dollars

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37 points

Especially when steam could have a sliding scale for fees where developers with fewer sales could earn more profit from the sale which would greatly benefit the indie developers.

Instead it has the opposite structure where fees decrease as you sell many millions in revenue which has the opposite effect.

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20 points

To be fair

He did get the steam deck made, so that was kinda cool.

But maybe owning 6 yachts is a little less cool.

Unless the sub and boats were like research vessels he funds, that would be cool

But they aren’t.

Why can’t billionaires dump their money into funding scientific research? It’s not like there aren’t scientists out there with plenty of research to be done.

Or even maybe wherever he lives, he could like, fund the entire county school districts for the rest of existence and no one would have to worry about taxes.

Or maybe regularly cancel the medical debt of Valve employees and their families.

Like how fucking hard is it to redistribute your own wealth?

Like fucking Christ, that’s the part I don’t understand. They complain about taxes and shit at the top, but they do absolutely fuck all to make things better for large swaths of people. Or if they do, it’s after they die and $200m gets donated to a university and it prevents next year’s tuition from increasing.

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8 points
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It is really hard to comprehend, seriously.

A guess I’ll venture is that the vast swaths of money are essential to retain influence, perhaps. The game stops being about money and starts being about power, and you lose your seat at the table unless you’re just hoarding stupid ridiculous amounts of money like the rest of the players.

I dunno, I used to think they do it because they’re terrified of slipping into having to actually work for a living instead of just making other people execute their maybe-good ideas. But that feels too simplistic for the uber rich, maybe it’s like that for the “petit-bourgoise” but not the mega-corp titans.

But yeah, they just couldn’t possibly spend themselves to a lower social class at this point, so there’s gotta be some weird motive at play. It boggles the rational mind. Like are Gaben’s 6 yahts “necessary” to wield influence at convenient locations and woo other industry titans? Dunno.

In any case, it’s stupid and wrong, I just wanna understand it.

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13 points

I think part of it is the form that that wealth exists in. Not defending billionaires in any way, but they don’t have stacks of cash lying around. The way that they live is that their money is in various forms of equity that passively increase in value, like stocks and houses, which they take loans against in order to pay for things. Then, they take out more loans to pay off the previous and repeat until they die and the debt disappears due to legal loopholes.

Stuff like the yachts and all the other crazy expensive stuff is one thing, but to redistribute the wealth, it’s not as simple as handing out cash to everybody (and I think turning all their mansions into subsidized housing instead of selling them would be more beneficial anyway).

I think incentivizing them to do more useful things with that cash and disincentivize them from simply hoarding it in various forms would be a decent short-term solution to the issue without having to put in much effort on the government’s part, but I never expect to see that happen.

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3 points
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If they can leverage banks, and do all sorts of shit with their money (and debt) to make more money, then they can find ways to use it to benefit others.

Incentivizing giving it away is what we do now by providing tax benefits. We have seen the limitations of that.

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2 points

This is misinformation. It takes 2 years proof of income to buy a house a bank bets you can afford. Billionaires have more flexibility, access and leverage than this with finances.

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7 points
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Yeah it’s like a sickness. They’re hoarders, but they hoard wealth. If I had over a billion dollars, I would literally not be able to give it away fast enough (I would leave myself with a cool $10 mil).

Which is one reason why I’ll never be one.

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37 points

And the perfect counterpart is another rotund fuzzy tech guy, Steve Wozniak. The Woz, who isn’t a billionaire in part because when Steve Jobs decided to fuck over a bunch of Apple employees before the IPO Woz gave them some of his shares. Woz, who spends his time in part video chatting with elementary school classes and talking to them about technology.

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0 points

who the fuck is he and why does everyone know him by face?

i feel morally superior to all of yall who are star gazing all the time, fuck, why do you all know who he is

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2 points

He is Gaben from steam. The picture is used a lot in article headers.

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76 points

As a swiftie, I can say you’re right. However, there’s also no such thing as a purely good or purely bad person, and liking a billionaire does not make someone good or bad. People, it turns out, are complex.

I can love Taylor’s music while also criticizing her for her excessive personal jet use and massive pollution problem.

I think if we stop making it a binary decision that more people will start opening up about changes need to make. In Taylor’s case, most Swifties would never dare say anything negative about her for fear of others in the fandom thinking they aren’t true fans, and vis versa, I’m sure people here will read this as I must support billionaires because I like her music. No, complex multifaceted opinions are valid.

I think we should abolish ICE vehicles. It doesn’t mean I think I need to yell at family members who pull up in their 02 Camry because they can’t afford to upgrade.

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37 points
*

You need to be evil to accumulate billionaire levels of wealth, no one forces her to be that wealthy, she could give hundreds of millions to MSF and other reliable charities and still be richer than 99.999999% of people on earth.

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21 points
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Completely agree. Went to her show, loved it. She’s donated to every food bank in each city she’s stopped at, but I don’t think it’s nearly what she could be doing. She has “put an actual dent in climate change” money bur instead gives a few thousand to food banks. Like I said, people can hold 2 opinions.

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2 points

Shits a cult aye

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15 points

I recently had this conversation with my sister who’s been a huge swiftie for years. Her reaction:

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5 points

u and ur sister hella based 🙌

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3 points

someone of her unique status cannot fly scheduled commercial flights without causing significant disruptions everywhere she travels to and from.

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2 points

Pfff, yeah, sure. In my country the ex-president was stupidly popular, like 80% approval popular and 99% of the people knew him. He still traveled, always, in commercial flights, economic class, basically each weekend. Taylor Swift just doesn’t wanna deal with normies.

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14 points

Disagree here. I’d argue being good and being a billionaire are mutually exclusive. You can be good before you are a billionaire (rare) but it’s not possible once you enter that class.

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6 points

100% agree.

For anyone who may disagree, consider thinking of excess wealth as excess food.

If you were in a stadium full of people that represent all of humanity, and you have more food than you could ever even eat in multiple lifetimes are you not an evil person for not sharing with those who are literally starving to death?

These are people with the amount of wealth who could easily subsidize paying a team of people to plan out how to appropriate give away most of their wealth so they don’t have “excess food” by the time they die - and not have it impact their day to day lifestyle. Instead they let others starve.

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3 points

These are people with the amount of wealth who could easily subsidize paying a team of people to plan out how to appropriate give away most of their wealth so they don’t have “excess food” by the time they die - and not have it impact their day to day lifestyle. Instead they let others starve.

Exactly. If we only had one or two billionaires do what they do in the Maya Rudolph show “Loot,” we could probably provide housing for every homeless person in America.

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2 points

Hi fellow Swiftie! Thanks for sharing your thoughts 💃

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4 points

Hello! If you aren’t aware we do have a community over at !taylorswift@poptalk.scrubbles.tech if you’d like to join! Always happy to have more!

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2 points

and liking a billionaire does not make someone good or bad.

Buddy we all make mistakes. Liking a billionaire is simply not good don’t try to hide yourself behind an excuse. The world has much better artists and music to offer.

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2 points

So what as soon as a musician or artist hits a big enough line in the sand we all have to stop liking their music?

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2 points

Musicians and artists are people who focus on music and art. Billionares are businessmen who focus on making money. As many others are highlighting in the thread a billion dollars is a ridiculous amount of money that you don’t simply hit, you have to seek profits above everything else and work your way up there.

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6 points

What does Taylor spend money on? Since she’s still a billionaire I’m guessing she doesn’t give it all to charity.

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8 points

Private jet rides for her friends.

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1 point

You can buy an airline with that sort of money, not just a few fights.

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24 points

I just think that at $1BN net worth or whatever, you start getting taxed on 99.99% of everything you earn or gain in worth after that.

This way people still get stupid rich, and if someone ever has $10bn you can easily just sound the alarm then and there and say nope, fuck this guy.

The tax curve just just be exponential and it should be basically vertical at $1bn.

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4 points

Along with some restriction to their wealth relating to where the money was earned, so they can’t just leave the country with it all.

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16 points

Up until the 70s or 80s I think, in the United States, the top tax bracket was 90%.

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5 points

And lo and behold, the greatest period of prosperity in American history. In the 80s, Ronald Reagan cranks it all the way down to 25%. One two skip a few, now we live in a corpo hellstate where no one can afford anything except the nobility who live in a state of extravagant grandeur many exponents removed from the common man. The correlations are obvious.

High percentage high tax brackets are not the single cure-all silver bullet for all of America’s woes, but it gets us pretty damn close.

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1 point
*

It’s a start for sure. Just think of the windfall of cash that could be funneled to the DoD! Think of how much money could be unaccounted for during the audits.

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8 points

10 million is fuck off money. We don’t need to go another 990 million dollars. Just set it to 10 million dollars.

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1 point
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I mean yes and no.

Yes, no one needs more than $10 million. But there are legitimate use cases for wealth far beyond that. Let’s imagine someone develops an immutable cryptocurrency tool that is used globally to track political spending and keep governments honest. Hypothetically, this tool revolutionizes transparency and unravels corruption on a massive scale. Shouldn’t the creator of something so transformative be allowed to enjoy significant wealth—enough to provide for their family, loved ones, and even those who helped them along the way?

That kind of lasting wealth—the kind that lets someone own $10 million estates worldwide, fully staffed, with taxes paid indefinitely—is realistically covered at $1 billion. It’s feasible at $100 million, but it’s not at $10 million. A $10 million cap is “personal freedom money,” but it’s not “dynasty money.” And while dynasty wealth can be problematic, it’s also worth acknowledging the good that such wealth has sometimes enabled.

I love it when athletes, for example, use their success to buy their parents a million-dollar home or fund life-changing initiatives. If we cap wealth at $10 million, it prevents figures like LeBron James, Cristiano Ronaldo (love or hate him), Serena Williams, David Beckham, or even Rob Dyrdek from reaching the level of wealth where they can fund truly transformative projects.

Allowing higher wealth ceilings enables people who do reinvest in society to make a broader impact. Sure, some of these incentives are tax-driven, but the outcome still benefits society.

I get that not everyone uses their wealth for good. But there’s a meaningful gap between a $10 million cap and a $1 billion cap where good things can and do happen.

Can we negotiate to $500 million as a compromise?

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5 points

10 million is significant wealth that provides for family and loved ones. Unless maybe you’re the Duggar family.

The great thing about a 10 million dollar cap is it doesn’t prevent you from getting more money. You just have to shift money first. And if you can’t shift it fast enough then the IRS steps in to do it for you.

No compromise because you didn’t give any example where 10 million isn’t enough.

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7 points
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Can we negotiate to $500 million as a compromise?

As soon as all the homeless who want help get help then sure.
As soon as workers are paid fairly and not exploited.
As soon as people aren’t dying because they can’t afford life saving medicine.

Look, the rich spend their excess money on stupid shit.
Like Gabe Newell owning 6 yachts.
Like that story of Kim Kardashian flying to Paris just for some cheesecake that she really likes.
Like Nic Cage spending millions on a T-Rex skeleton.

All that money could have went to food banks or social programs.

So, rewarding inventors and company founders with excess wealth
doesn’t benefit society and it really doesn’t benefit them other than
their ego.

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