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whitepeopletwitter@sh.itjust.works

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Did you pay your taxes? (sh.itjust.works)

submitted 9 months ago by thal3s@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works

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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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[–] Wiz@midwest.social 2 points 9 months ago (1 child)

How about a wealth tax on this imaginary money?

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[–] village604@adultswim.fan 4 points 9 months ago

What amount will be taxed? The assets change value every second the market is open. If you have a hard capture date, then the wealthy will tank their stocks right before.

The best way to tax it is to treat the use of the asset as collateral as a realized gain and tax it as such.

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