Post
Topic
Board Economics
Re: How billionaires are really affecting the economy.
by
ZAINmalik75
on 26/06/2023, 14:31:48 UTC
In short, billionaires are bad for the economy. How bad? Check out these top four ways:
1. Extreme wealth and poverty are rising simultaneously for the first time in decades
I do not know why but i do agree with this point, as i never thought for a second about billionaire affecting our economy, because, i do not know many billionaires, all i know is, to earn enough money so i could meet my daily life expenses. Of course i also have to worry about tax which we have to pay in any condition. But your mentioned points are eye-opening for me, but how can we make them to make a positive impact on economy.

Because it is out of budget for an ordinary man to start these types of issues with them. Because all an ordinary person try to avoid unnecessary fights which will increase their budget only.

I also watched so many videos that explains how Billionaire avoid so much tax as they have no job so they are charged less tax then those who are doing some job. In our country, there are not so many billionaires who achieved that position without doin correuption, yeah most billionaires are involved in politics and all of them do corruption on next level.