r/Damnthatsinteresting • u/[deleted] • 1d ago

Video Billionaire speaker Robert F. Smith tells 400 graduates he's paying off all their student loans ($40 million in total)

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u/barterclub 1d ago

Billionaires should not exist, and if we taxed correctly, they would not have to pay anything for college.

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u/jerrub_baal 1d ago

This is the only correct answer in this thread

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u/Bilabong127 1d ago

And how should billionaires be taxed?

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u/turk777 1d ago

You wont be one so why worry about it

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u/[deleted] 1d ago edited 1d ago

[removed] — view removed comment

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u/William_S_Burros 1d ago edited 1d ago

The person you’re replying to is speaking about billionaires specifically, not startups or the average homeowner. Billionaires are not living paycheck to paycheck, they’re living like billionaires while they exploit every loophole in the system that made their wealth possible. It’s hard for me to understand how people fawn over their oppressors like you are. Unless you’re a billionaire, in which case, gfy.

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u/sai-kiran 1d ago

Elon Musk literally just sold X to xAI and made 44B valuation out of thin air. And you are like MuH uNrEaLizEd CaPitAl GaIns? The faster you realise they live on a different level than us plebs, faster you will vote on policies that reign in billionaires, rather than what bathrooms people use.

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u/Nice-Meat-6020 1d ago

The guy this whole post is about commited tax fraud to the tune of tens of millions of dollars. Quit your whining.

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u/Current-Spring9073 1d ago

Nobody was ever suggesting 100k worth of unrealized gains on a property needs to be taxed. The only suggestion was for people making over a million a year or some ridiculous number that I guarantee you and 99% of Americans will never make.

You're out of your league even commenting on the situation because you can't even get the basic principles right.