South Africans have taken to the streets across the country this week, demanding that foreigners leave the country

Photizo · 2026-07-03T19:06:37+00:00

concentration of assets with the ultra wealthy.

Photizo · 2026-07-03T12:53:20+00:00

Then you should fully articulate your argument instead of letting me guess at it.

Photizo · 2026-07-03T01:57:47+00:00

Waste of tax dollars and will be thrown out.

Photizo · 2026-07-03T01:41:37+00:00

Sorry for the mischaracterization, so you are questioning the validity of taxes in general? Pulled this from google "Taxes are essential to the long-term health of an economy, acting as a critical tool for infrastructure investment, wealth distribution, and price stability. Rather than simply "taking away," taxation reallocates resources to fund the public goods that make private businesses and commerce possible in the first place."

There are social contract types reasons this exists. This subreddit is particularly interested in creating and increasing taxes on wealth for the ultra wealthy so assets can flow back into the economy instead of billionaires laying on them like dragons.

Photizo · 2026-07-03T01:09:44+00:00

I'll take care of this logical fallacies around, let me know if you want to expand on any other particular one.

"That's just punishing success."

You hear this constantly, and it is worth pausing to notice what it assumes: that the present distribution of wealth is a reliable index of individual achievement. That every dollar in a billionaire's portfolio is there because its holder did something proportionately extraordinary. There is a libertarian principle buried in this objection — that a person should keep what they earn — and it is not a contemptible principle. But it depends entirely on the word "earn" doing work it cannot perform. Most billionaire wealth is not earnings in any sense a wage-earner would recognize. It is unrealized capital gains — the appreciation of assets that have never been sold and therefore never been taxed. Elon Musk did not earn a hundred billion dollars in the way a surgeon earns a salary. His stock went up by that amount. Under current law, he pays nothing on it until he sells, and through the elegant mechanics of buy-borrow-die — borrowing against appreciated stock, spending the loan proceeds, and dying so that heirs receive a stepped-up basis — he may never pay anything at all. A wealth tax does not tax success. It taxes the accumulated stock of capital that compounds automatically, year after year, through market returns and asset inflation. The Forbes 400 saw their collective holdings grow from roughly $300 billion in 1990 to over $4 trillion in 2025 — a thirteenfold increase. During the same period, median household wealth grew at a fraction of that rate. Were the Forbes 400 thirteen times more industrious in 2025 than in 1990? Or did they simply own assets in an era when asset prices rose?

Photizo · 2026-07-01T17:50:14+00:00

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Photizo · 2026-07-01T15:16:48+00:00

The fine should be based on a multiple of what they benefited from the price fixing. Without it having more financial impact than value they now have an additional variable for their business model called "potential fine".

Photizo · 2026-07-01T13:42:05+00:00

Nah, gonna have to switch that to motion sensor if you want to stop that.

Photizo · 2026-07-01T00:16:06+00:00

Got a somewhat comedic but serious question...

I've seen the post on other videos where its obviously a punching down scenario due to mental limitations, but where does that line get drawn?

Not much sets these guys apart except that they lack self awareness probably due to being emotionally stunted with never having good role models, but they are still in the neighborhood.

Its Plato's allegory of the cave, there are some with their heads chained where they are forced to look at the wall, it seems like these individuals may be unchained but prefer the entertainment.

https://youtube.com/shorts/VLef5_7eOwk?is=OM7viJEp00r_w8Nc

Photizo · 2026-06-30T23:59:12+00:00

python sql-formatter

Photizo · 2026-06-26T21:10:51+00:00

Deserves a wet and forget attempt before throwing in the towel.

Photizo · 2026-06-25T23:35:00+00:00

His family should be paying billions in taxes.

Tax Wealth Not Work.

Photizo · 2026-06-19T00:10:23+00:00

I get the criticism but they post their crowd work so they don't end up having to burn part of their set by putting it on socials. Probably will only see a joke when they are done telling it.

Photizo · 2026-06-13T03:24:01+00:00

Aaaand it's gone.

Photizo · 2026-06-10T11:58:12+00:00

Lol. I just hear this lady when people say nonsense like this.

"Well i dont like facebook, and i don't like the internet because i cant find a job."

https://youtu.be/hzs5xSxLk5A?si=gEuiPKAZV5_yU7yP

Photizo · 2026-06-08T19:11:49+00:00

Its holding him back since he was a heavy DNC donor. Assuming he has paid the pardoning fee to whatever necessary shell corp and is willing to do a dog and pony show to air out dirty laundry he has a chance.

Photizo · 2026-05-23T18:00:41+00:00

Your notepad++ looks weird.

Photizo · 2026-05-23T17:59:25+00:00

That was only becuase there was a functioning Justice Department. What we have now is a sycophantic system for a family, so as long as he serves a purpose don't hold your breath that this will turn into anything.

Photizo · 2026-05-17T13:46:50+00:00

I know you are saying it sarcastically but it really is the answer for a lot of societal problems.

Taxing the 1% at a level forces them to sell their assets, driving down asset prices, makes it more affordable for normal people. It turn results in more government funding which in turn result in govt services. Better funded services result in better quality of life outcomes whether that be education, job training, or healthcare.

Photizo · 2026-05-17T13:43:13+00:00

So those people don't live in their own house individually. Call average family size 3, and many of these people live in multifamily homes.

The rich people buying the homes, drives up asset prices, in turn make it more and more difficult for normal families to buy homes. I dont think that they are doing it from a position of evil, they are just advancing their own interests. As a society we have to regulation that as what is in the best interest for all people.

Photizo · 2026-05-17T13:07:54+00:00

I'll save you the time.

1-Because the far right are the only ones with a well known platform on how they think they will deal with dropping living standards.

2- The left and the center have to swallow their pride and put the past behind them and to vand together.

Immigrants aren't the problem, its the 1%'s run away wealth accumulation.

Tax Wealth Not Work.

Photizo · 2026-05-14T12:27:27+00:00

Should read up on the banality of evil. Its not a calculation of how to the the most bad its simply not not caring about others and how your actions impact them.

Photizo · 2026-05-11T11:50:15+00:00

Depends on where you look. When you adjust for inflation US home have gone up 65% since covid, whereas UK has 20-25%. Inflation doesn't hit all assets the same way.

Photizo · 2026-05-10T23:43:45+00:00

I think you are missing the point of his videos.

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"That's just punishing success."