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A child’s guide to why billionaires should, in fact, exist

Americans have largely rejected the left-hand, stupid, childish push to communist ideology for the past 15 years or so. However, some of these people refuse to move on.

in Recent Posts on XMelanie Dalligo, executive director of the New York Health Campaign and vice president of legislation at the New York National Women's Agency, repeated several long and boring topical points.

We conclude our wealth with $999,999,999, and we can invest nearly $5.9 trillion in improving our country.
And if you're angry about transferring wealth, why is it okay from working class to billionaires in the way we pass the law to delegate wealth?
There shouldn't be a billionaires.

This is equivalent to toddler rants, so I thought it would provide a toddler's guide to why there are actually billionaires.

Mama, why do you have billionaires?

The “billionaire” label is merely an accounting for the net worth someone has. But most billionaires don't swim in rooms full of gold coins like Scrooge McDuck (This is probably It's not possible anyway). They are bound by the majority of their net worth by owning valuable businesses.

Usually, billionaires have established businesses that hire others and provide the goods and services others want. The business is more valuable because consumers feel that these products and services are valuable. Based on value at any time, the share of a founder or manager of that business can be “valued” over $1 billion. If you stop providing value, it may not be worth it.

Why can you or someone else decide that someone has “too much” wealth?

Billionaires are mostly present because they have created a lot of value not only for themselves but for others.

But isn't billionaires bad?

Creating value is never a bad thing. Creating work and providing important products and services play an important role.

Why can't we take away their money?

Taking someone's money is theft. Theft is wrong, violation of your property, honey. Someone can't come here and say you have too many toys and take some of them. You have to put strangers to sleep in your room because your room is too big to say that others need shelter.

As Thomas Sowell said, “I have never understood why it's 'greedy' to want to keep the money you earned, but not to take away someone else's money. “You seem like a greedy and sweet person!

But why can't we cap their money for $999,999,999?

You made that number. And the word you're looking for is wealth. Why can you or someone else decide that someone has “too much” wealth?

Incentives also drive outcomes, so when you suppress wealth, they limit the incentives for others to invest, innovate and provide important value to the world.

That money can help others!

Wealth is not just about other people's money. Often, it's not money at all. Companies provide value that benefits others.

With more government funding, there are no better results. Expenses are increasing over time, but the only clear beneficiaries are the government's companions!

America remains one of the most generous countries, donating to more charities than any other country in the world.

But that's almost $6 trillion!

If you try to take away billionaires' business stakes, you won't see $6 trillion because the value of those companies will decrease and you'll not see the $6 trillion, and you'll hurt the rich middle-class Americans whose pensions and 401K are invested in those companies' stocks.

And the US government spent almost $7 trillion last year, so taking that money didn't fund the government for a year.

Your argument really doesn't make sense – I think you're an infant so you can understand it.

I don't care! There shouldn't be a billionaires!

There should not be any adults using infant logic, but here we are. Now go and eat some vegetables.

I hope this guide will be helpful when Bernie Sanders, Robert Reich, Melanie Dalligo, or someone else presents a toddler-level discussion about billionaires.

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