Monday, June 14, 2021

Buffet, Billionaires, Bullshit, Oh My!

Warren Buffett gets called a "good billionaire" by people like me who have no idea what the fuck we're talking about because one time he made some comment that his secretary paying more in taxes than him by percentage is fucked up. Now it turns out that he is the absolute worst billionaire out there.

There is no way to be a billionaire in America without taking advantage of a system predicated on cruelty, a system whose tax code and labor laws and regulatory apparatus prioritize your needs above most people’s. Even noted Good Billionaire Mr. Buffett has profited from Coca-Cola’s sugary drinks, Amazon’s union busting, Chevron’s oil drilling, Clayton Homes’s predatory loans and, as the country learned recently, the failure to tax billionaires on their wealth.

The Good Billionaire myth took a hard blow in recent days when Mr. Buffett won a dubious distinction. A staggering exposé published by ProPublica revealed just how little the biggest plutocrats pay in taxes, despite mounting piles of wealth. And at the very top of that list of plutocrats — many of them with troubled reputations — was the cleanest, grandfatherliest plutocrat of them all: Mr. Buffett.

Oh well?

via GIPHY

No comments: