This could be pointed to as a successful test case to get the gov off it’s ass and implement this at a macro level.
You are correct millionaires will not save us, however we should reward behavior we want to see. Lest we get more billionaires who are a net drag on society.
How though. Anti taxers would point out that it should be an 8 story concrete apartment building for maximum return of government investment, but no increase in taxes, any concerned official is left fighting politically for leftover funds to slowly build up in an account to initiate the project, and then they loose an election and the next guy uses it on fancy jewlery for his mistress.
Even just getting one building off the ground and they’ll be eviscerated for not using economies of scale. Building ten at the same time and a slight cost overrun which always happens is multiplied by ten.
Maybe if they all teamed up and were organized to do so. But a tiny handful of billionaires control as much wealth as the millionaires. It’s much harder for a class to voluntarily do good than for a small handful of people. That’s why society needs to step in, tax them, and distribute to projects as needed.
This is fine, but millionaires won’t save us
Sure, but let’s pretend this one hasn’t done significantly more than others.
This could be pointed to as a successful test case to get the gov off it’s ass and implement this at a macro level.
You are correct millionaires will not save us, however we should reward behavior we want to see. Lest we get more billionaires who are a net drag on society.
How though. Anti taxers would point out that it should be an 8 story concrete apartment building for maximum return of government investment, but no increase in taxes, any concerned official is left fighting politically for leftover funds to slowly build up in an account to initiate the project, and then they loose an election and the next guy uses it on fancy jewlery for his mistress.
Even just getting one building off the ground and they’ll be eviscerated for not using economies of scale. Building ten at the same time and a slight cost overrun which always happens is multiplied by ten.
Sorry for my pessimistic rant.
Absolutely, but it is food seeing some people who actually use their money for something good.
He did actually save those homeless people.
They could, but they won’t.
Maybe if they all teamed up and were organized to do so. But a tiny handful of billionaires control as much wealth as the millionaires. It’s much harder for a class to voluntarily do good than for a small handful of people. That’s why society needs to step in, tax them, and distribute to projects as needed.