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re: How much wealth do you need to join the 1% club in your country?
Posted on 2/29/24 at 11:39 am to lsu777
Posted on 2/29/24 at 11:39 am to lsu777
Concepts like unrealized is part of the issue. What is the right way? Don’t know. Does it feel weird that a man with 200 billion dollars pays less than 10% effective? Yeah
2
Posted on 2/29/24 at 11:43 am to fareplay
quote:
Concepts like unrealized is part of the issue. What is the right way? Don’t know. Does it feel weird that a man with 200 billion dollars pays less than 10% effective? Yeah
he doesnt have 200 billion you idiot. he has billions in stock in a company where the stock price could plummet tomorrow
the right way is tax everyone 10% across the board on EARNED income aka flat tax or we go to the fair tax system
our system is the exact opposite of what you are claiming and the more you make the more it punishes you
yall cal them loopholes, i call them incentives.
Posted on 2/29/24 at 11:48 am to fareplay
quote:But does he have $200 billion? That is on paper, not in cash. He pays taxes on the earnings of those assets as the value changes daily and is unrealized.
Concepts like unrealized is part of the issue. What is the right way? Don’t know. Does it feel weird that a man with 200 billion dollars pays less than 10% effective? Yeah
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