Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.

Microblog post saying “so funny how the US govt desperately needs
25% of the $2500
I made on a small creative project, but won't tax any of jeff bezos $239.4 billion”
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[–] 12 points 9 months ago* (2 children)

Dude, I'm on 80k a year. Pretty sure I couldn't afford a gazillion-dollar wedding in Venice

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  • [+] -6 points 9 months ago*

    And? My point is the real money he got from Amazon that can actually be taxed is not the same as his estimated net worth.

    Bezos doesn't have a checking account with billions sitting in it. His wealth is in the unrealized gains on non-liquid assets. It's imaginary money until it's used as collateral for loans, at which point it should be taxed as a realized gain.

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