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re: Four Demorcat tax changes with grave consequences

Posted on 9/10/20 at 12:00 pm to
Posted by David_DJS
Member since Aug 2005
18170 posts
Posted on 9/10/20 at 12:00 pm to
quote:

Are you seriously dumb enough to ask why his unrealized marked to market wealth hasn't been taxed?

Are you seriously dumb enough not to understand a simple f'n question:

Rough out how much federal taxes Bezos has paid on his $250 billion fortune.

Seriously, why is this question hard to understand?

quote:

You materialistic, greedy, selfish fricks need to be taken out to pasture. Bezos will have paid more in taxes, created more wealth and provided the globe with more benefits than God himself by the time he's dead.

You know nothing about me. You have no idea what I have, what's important to me, or how generous I am.

What does it tell you that your argument assumes things you cannot possibly know?

So again, rough out the federal taxes paid by Bezos on his $250 billion fortune.
This post was edited on 9/10/20 at 12:03 pm
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11268 posts
Posted on 9/10/20 at 12:03 pm to
How in TF would anybody have that information but his CPA? Go cry about somebody elses taxes on the Soccer Board.

You can't tax unrealized equity returns. Why is a number on a screen making you so emotionally distraught?
This post was edited on 9/10/20 at 12:06 pm
Posted by bod312
Member since Jul 2015
846 posts
Posted on 9/10/20 at 12:15 pm to
I don't know how much Bezos has personally paid in taxes but I would bet it is in the billions and probably more than 99.9999% of the rest of the world for the last decade.

I also wonder how much AMZN has paid in taxes since it was created (not just income taxes but all taxes). I also wonder how much taxes every employee who has ever worked for Amazon has paid in taxes. I also wonder how much ever indirect company and their employees has paid in taxes due to what Bezos has created.

You may not believe it but the rich pay the vast majority of taxes in this country. Have they paid their fair share? Well that is subjective.

Everyone complains about what % the rich pay in taxes. The issue clearly isn't the tax brackets it is all the ways that one's tax burden is decreased (deductions, credits, offset losses, etc.)
Posted by NoHoTiger
So many to kill, so little time
Member since Nov 2006
45761 posts
Posted on 9/10/20 at 12:57 pm to
quote:

taxes Bezos has paid on his $250 billion fortune.

I'm no tax expert, but I'm pretty sure it's because we tax income and not wealth. I would venture a guess most of his wealth is not actual income, but wealth on paper.
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