Hilarious!

I’ll never understand people who worship the rich.

This is how car commercials always are around the holidays and I’ll never understand why lol

Who’s out here buying their SO a brand new car for Christmas?

We need to make Torgo’s Executive Powder just as futurama suggested.

Meanwhile I’m over here accepting the fact that I’ll have to save up for over a year if I want to be able to afford even a cheap used 20-year-old car 😵‍💫

Rich people truly live in a completely different world lol, it’s almost beyond comprehension how much money they have that they throw around all willy nilly because they can.

12 individuals in the US own a collective 2 Trillion in assets.

If you were part of a team of twelve people, each individually paid a dollar a second (3600 dollars an hour) it would take your team 2640 years to accumulate the same amount of money

Ready player 2 🟩

I wonder how many of my 2004 PT Cruisers that’s worth

Just leaving this fantastic opinion piece by an actual 0.01%er on the topic: [The Pitchforks Are Coming… For Us Plutocrats](https://www.politico.com/magazine/story/2014/06/the-pitchforks-are-coming-for-us-plutocrats-108014/)

Problem statement: wealthy people with large unrealised gains in equities are able to borrow money against those equities, paying less in interest than the rate of appreciation of those assets, thereby increasing wealth and standard of living without diluting control of those assets

Solution: using the appreciated value of an asset as security for a loan should generate a capital gains tax event against that asset

Explanation: this ‘taxes the rich’ without changing tax rates or really affecting anyone not employing this strategy. It:

a) doesn’t create an additional burden on even ‘reasonably’ wealthy people or businesses, since modern accounting practices already require cost basis tracking, PPOs are mostly free of CGT, and normal people do not often borrow against post tax equities;

b) requires that the wealthy dilute their ownership of successful companies in order to harvest lifestyle gains, thus making them compromise between the power of ownership and its benefits — they can no longer eat their cake and have it, too;

c) brings forward the collection of taxes owed to the state, which it can use for the benefit of all*; and

d) discourages ‘reckless’ share price inflation strategies, since the direct link between owner compensation/lifestyle and share prices is attenuated; and

e) defeats the argument made by the wealthy against any wealth taxes that unrealised gains should not be taxed, by defining clearly that the ability to leverage a gain is a realization of value.

*The definition of ‘all’ may vary depending on the Republic and state in which you reside.

White people as well are poor. Poorest in some states.

wtf I kept scrolling through the comments cause I wanted to see the original before realizing this wasn’t BHJ

What a racist comic

To thing luxuries like that are one of the few ways to extract money from the rich to the poor, at least when it comes to maintenance and worker payment.

[Reminds me of this](https://youtu.be/nVvx5mK7aME?si=JebN1s1Jx_n_iSWo)

Nope, that is not the reason.

Oh no. They certainly can. They just won’t. So enjoy those bootstraps that now come with a monthly service plan.

I work as a mortgage underwriter so I get to see lots finances of people who are in good enough financial shape to buy a house.

In a recent file the person had a mercedes benz car loan. The remaining balance was more than my house is worth.

Yea… We had to lay off 3 people and skip our bonus this year due to earning 5m wasnt enough. BUT our bosses and higher ups are geting bonuses and a pat on their backs.

except the working class isn’t all brown, and that’s how you make trump voters feel special.

He looks like Conrad Grayson from Revenge. Very fitting.

I live about an hour from Pizzacakecomic’s home city, in a rural town that never had Porsches, or homeless people freezing to death in tents. Now it has both.

There’s a guy that handled this situation well with insurance CEO guy.

I had an ex whose boss showed up to her job in a Lamborghini once to tell them he couldn’t afford to give them healthcare. He had just recently moved into it two-story house also.