• 2 Posts
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Joined 1 year ago
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Cake day: January 9th, 2024

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  • silverhand@reddthat.comto/r/50501 Mirror@50501.chatCompared to 37 today
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    9 days ago

    I never understood what you guys mean when you say they should be taxed more. Like… they are taxed for their income under the same laws you are?

    Billionaires are not literally sitting atop a pile of a billion dollars in cash. Their “wealth” is unrealised, which means it’s the net worth of assets that they haven’t cashed in. In most cases they can’t cash in their wealth in even if they wanted. How will you tax them on money they just don’t have?