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re: Bezos - Hard to fully comprehend

Posted on 11/2/20 at 9:53 am to
Posted by Mo Jeaux
Member since Aug 2008
59505 posts
Posted on 11/2/20 at 9:53 am to
quote:

The distinction is the answer to the question you asked. If you didn't want your question to be answered, just don't ask it.



Are you autistic? My question "but how is it so different than confiscation of money via taxes?" was clearly rhetorical, and wasn't even directed at you. It was asked of a poster who implied that it would be impossible to "tax" corporate shares. My point is that it wouldn't be.

I get that you think you're the smartest person in the room, and maybe you are, I don't know, but setting up some idiotic straw man type of argument with me over the difference between realized and unrealized gains (particularly considering the industry I'm in) in order to prove it is trite and tiresome.
Posted by GoCrazyAuburn
Member since Feb 2010
35020 posts
Posted on 11/2/20 at 9:58 am to
I'm sorry answering your question upset you so much. As you said earlier, that's a you problem, not a me problem.

quote:

setting up some idiotic straw man type of argument with me over the difference between realized and unrealized gains (particularly considering the industry I'm in) in order to prove it is trite and tiresome.




It's not really a strawman when it is a pretty critical difference in how taxing income is different than taxing unrealized stock valuation.
Posted by The Ostrich
Member since May 2009
2562 posts
Posted on 11/2/20 at 11:59 am to
Advocating for the government to be able to confiscate stock from an individual might be the dumbest thing I’ve ever heard. It’s almost like you’re looking at and thinking “he holds this much stock worth this much and nobody should have that much so the government should take it” and completely ignoring the fact that stock represents ownership in a company and confiscation of stock would give the government an stake in the company.

You think Bezos has to much net worth and think the government should do something about it so you suggest that they should confiscate stock?

You realize at that point it’s in the governments best interest to do everything they can to help Bezos and Amazon grow even more now that they’re a shareholder and the more Amazons stock goes up the more the stock they confiscated goes up.
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