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”
you are viewing a single comment's thread
view the rest of the comments
[+] -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.

  • source
  • parent