The vast majority of billionaires don't get wealthy by 'gaming the system' and if that were the case and you simply could just game the system, why isn't there more of them?
Also, you still haven't explained how you're morally superior by being in the top 10% of global earners vs. the top .01%, while people are starving. Using your logic about how you think the world works, you've clearly gamed the system to take more for yourself.
Billionaires are subject to the exact same tax laws as you. What you're likely referring to is the discrepancy in taxation of capital gains vs. income and the use of debt to borrow against assets.
But you then have to contend with the fact pretty much every successful country in the world taxes capital less than income at a certain point. And nobody taxes debt. Why? Because it incentivizes risk taking and investment in businesses (a value multiplier) vs. the non-scalable activity of selling your hours as an employee past a certain point.
What you perceive as "immoral" activity (investment and entrepreneurship) is the risk-taking that makes the economy function and grow, which benefits everyone.
Even your perceived socialist utopia, the Nordics (where I live) taxes capital gains less than income. I think you may want to investigate whether this is a Chestertons fence before loudly shouting about remaking the world on an emotional impulse and calling me a bootlicker.
Also, you still haven't explained how you're morally superior by being in the top 10% of global earners vs. the top .01%, while people are starving. Using your logic about how you think the world works, you've clearly gamed the system to take more for yourself.
Billionaires are subject to the exact same tax laws as you. What you're likely referring to is the discrepancy in taxation of capital gains vs. income and the use of debt to borrow against assets.
But you then have to contend with the fact pretty much every successful country in the world taxes capital less than income at a certain point. And nobody taxes debt. Why? Because it incentivizes risk taking and investment in businesses (a value multiplier) vs. the non-scalable activity of selling your hours as an employee past a certain point.
What you perceive as "immoral" activity (investment and entrepreneurship) is the risk-taking that makes the economy function and grow, which benefits everyone.
Even your perceived socialist utopia, the Nordics (where I live) taxes capital gains less than income. I think you may want to investigate whether this is a Chestertons fence before loudly shouting about remaking the world on an emotional impulse and calling me a bootlicker.