I think people should have some responsibility for the emissions of their investments. If I’m exclusively investing in fossil fuel companies I’d be directly investing in emitting carbon. In the case of the billionaire class, some companies would have never attempted certain projects or even stayed in business without their billionaire supporters. They may have even been able to take losses and coast on investments while they grab their share of the market then shift to being more profitable.
The manipulation some billionaires do with their money is insane. Jeff Bezos managed to shuffle his assets and investments around just right one year that he was “poor enough” income wise to collect a tax benefit for his kid. We absolutely need to include investments when we are judging billionaires, it is often their investments that keep them rich, not some massive pile of cash or gold stashed away somewhere.
I’m Canadian and have a friend in Canada who is unemployed, mentally ill to the point of collecting disability and lives with his mother who is mentall ill and physically disabled. They both rely on extensive government support programs like disability payments, mental health care access, pharmaceutical benefits, and our healthcare system.
This friend of mine wants to vote for our right wing conservative party who will strip most if not all of these supports away from him and his family. I just don’t understand how someone can vote against themselves like this, he’s gobbled up the propaganda. My heart goes out to all who will suffer under the new American government.