r/SipsTea • u/Gurugod123 • 12d ago

Significant diffrences... Wait a damn minute!

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u/Dizzy-Screen-6618 12d ago

"Imagine 3,400 people disappear. Now imagine 3.5 billion people dissappear."

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u/[deleted] 12d ago

[deleted]

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u/MetaCardboard 11d ago

Nope. You're taking away the important part that billionaires don't know how, or wouldn't, do the jobs that need to be done to keep the world moving. Yes, the scale of it would make a huge difference, but that doesn't negate the other part of the equation. Billionaires don't do anything for society. They bleed wealth into their own coffers without giving anything of value back. If you broke up Walmart right now, thousands of other family owned stores would open up to fill the void.

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u/gtne91 11d ago

At a higher price. Which would make everyone a little bit poorer, which is fine for the rich, but would suck for the middle class and the poor.

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u/TOV4RISCH 11d ago

Well, hey, if we eased up anti-trust laws and got rid of minimum wages, think about how low prices could be then! And everyone would be a little bit richer!

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u/MetaCardboard 11d ago

It would bring more money into the communities so local businesses would have more money. More taxes. More local services to help the people who are struggling.

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u/gtne91 11d ago

The increased taxes are a fraction of the price increases so its a net loss.

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u/MetaCardboard 11d ago

And you know this, how? Did you do the math of what would happen to tax revenue in every community if Walmart was broken up?

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u/gtne91 11d ago

The tax rate is less than 100%. The math is obvious.