most billionaires are going to have all their assets tied up in stocks or properties. >i own a house >the house goes from 250k to 1Bshould i get taxed on my 1B house? i would literally have to sell my house to pay the taxes.
>>537921737>Tax the rich bill passed! We are saved>Bill generates very little revenue>Aschtually we're going to have to lower the minimum bracket, goy
>>537921737Yes, then sell the house. You're being retarded and being retarded is for communists.
>>537921737yesanyway I believe permanent residence property should not be taxed at all and any rent seeking should be taxed to hell
>>537921737I own nothing.
>>537921737Billionaires are taxed all the time>payroll taxes >capital gains tax >sales tax on all their materials and products >corporate tax Income tax isn’t the only tax ffs
the only tax you should receive is on income. get gifted a house? someone made the money to buy that house, and that person got taxed. tax inequality is because of complexity in the system of taxation, complexity that is lobbied for by industries that rely upon it.
>>537922434They just pass those taxes on to the end consumer, it's like Trump's tariffs all they did was make stuff more expensive
>>537922605A great reason to reduce or eliminate those taxes. All the tax revenue has been proven to be wasted on garbage and kick backs.
>>537921737a collapse will be the tax they pay. the reason why things always seem to get worse (for normal people) is because they are getting better for the wealthy people. a collapse will impact these people much more than any of us. unfortunately, they will let it go on as long as possible because of this.
it's not intended to succeedthat's why many of the rich support the dems without blinking an eyeand any additional revenue earned just gives the state more incentive to make sure these wealthy individuals stay wealthy by bailing out their bad decisions and protecting their monopolieswhat really needs to happen is to bring back antitrust law and dismantle their companies
>>537921737Yeah, it's just virtue signaling Communist style. "Tax the Rich" sounds good only to dumb losers who think they'll never be able to accumulate anything on their own, so they need Big Daddy Govt to promise them shit that will never materialize because it can't. It's unsustainable, but the young and dumb think they're magically the first ones to figure things out. Point to the Communist country that looks like a better life, then just go move there instead. Funny how people don't leave en masse to move to China or Russia. Funny how the young and dumb proto-Communist "Dem Socislists" are simply begging for bigger government, as if more government involvement really improves anything, and are willing to parrot "tax the rich" slogans even when they're spouted by multimillionaire politicians at events funded by billionaires. Do the young and dumb think they'll get three houses like Bernie, fly around first-class like Bernie and AOC? Can they not see that Mamdani and wife both come from privilege? Can they not see how many politicians get magically wealthy just by staying in office for decades?
>>537921737Washington did this and immediately started taxing the poor, then when people got uppity about it they did a voter's initiative and Washington state basically told them to go fuck thenselves after it passed.
>>537921737>should i get taxed on my 1B house? Yes>i would literally have to sell my house to pay the taxes.Based
>>537922724We should probably keep taxes high and just route out the corrupt that are stealing the tax money.
>>537921737The people who vote for this stuff don’t know how money works, they actually think Elon is sitting on 1 trillion dollar bills like Scrooge mcduck in a vault somewhere
>>537921737>their assets tied up in stocksWait... they are planning to tax them on unrealized gains? A stock is a worthless piece of paper until it is sold.
>>537923657Funny how the Dem Socialists don't see how the big players don't go away, they just get absorbed into more layers of Big Daddy Govt. Nationalized anything isn't good for anyone except the fraudsters who all take a cut as the money passes through the chain. Breaking down giant multinational globalist corporations would be better. Funny how under the covid scam, freedoms went down, and more things got consolidated, including businesses.
Nobody in this thread is mentioning how billionaire's wealth is generally from loans taken out against the value of their stock holdings, then used as tax-free income. That's a loophole that needs to be closed.
>>537924221We should lower taxes and do that. That way there's double benefits for citizens.
>>537924819>loans taken outSo you want to TAX borrowed money!!! So NOW i have to pay taxes to borrow money to buy a home then pay taxes again when I sell the home?!So want people to only rent and never owna home.FUCK YOU!!! You bastard!
>>537921737>should i get taxed on my 1B house? i would literally have to sell my house to pay the taxes.You already do, it's called property taxes. You can charge property taxes on stocks too.We should have a federal property tax on stocks whose combined value is in excess of a billion dollars.
>>537921737This is all performative nonsense designed to keep the myth alive that governments need to acquire revenue first before they can spend.Now, it's true that state governments in the US are subordinate to the federal -- meaning the it is the federal who creates the money. So the issue is insufficient money coming from the federal government. Or insufficient hard productive assets (actual industrial capital infrastructure) by the state that generates revenue for it.The money held by an individual billionaire is basically irrelevant. Elon Musk is supposedly a trillionaire (or was, briefly, and could be again in short order), but the US annual budget was $7T by itself. GDP is ~$29-30T.
>>537924255To be fair, Elon doesn't know how money works, either. Or maybe he does and is just lying because he wants to impose austerity when he gets on television and tells people the US can go bankrupt.
>>537921737Just publicly demand Forbes Magazine proposes a plan. Before they drop their next magazine all billionaires (you know of) will be "abolished". Just like the left always wanted. If you were suicidal, you could also try something methhead-tier retarded, like idk, tax unrealized gains for example. But I doubt even Usain Bolt could collect a Dollar for the IRS before SHTF
>>537925297>picYeah it's almost like money means something and has to correspond to something! Fascinating.
>>537921737>>the house goes from 250k to 1Bvery realistic scenario, happens to average Joe all the time
>>537921905This
>>537921737You aim for real estate and securities.
>>537921737They tried this on luxury homes, the result was comically obvious>luxury home purchases at a stand still>generate less tax revenue than they did beforeIt’s like they don’t realize billionaires can just fucking move? This is why Reagan lowered the fuck out of taxes because they put it all in the caymans, at least give them a reason to pay at all.
>>537927580This. Whether people like it or not, billionaires are the only ones who get to have a say in anything because they can literally ruin a country simply by moving their wealth elsewhere.
>>537921737>tax gets stolen by billionairesNo way
>>537921737He should be taxed on the profit the rent makes
>>537921737That's good news. I'm sure the state of California will put all that money to good use.
>>537928252Another 50 million dollar sidewalk surely
>>537922605Keep lying, Satan's working on his stiffie awaiting you.
>>537924113WA state is a resource extraction colony and consumer goods throughput port/market for Asia.Politicians virtue signal so heavily to cover up for/distract from that.
>>537924427>tax them on unrealized gainsThis has always been the plan. What do you think property tax is? Without it the public sector Lifer jobs would contract by like 80%.
>>537925089Agree. That Anon should be woodchipped especially slowly.
>>537928519It'll probably generate enough revenue for the next environmental impact study task force for the high speed rail project. Great things are coming from California and this will definitely make a big impact in the daily lives of regular blokes.
>>537921737It looks like we’re gonna find out together
>>537922552Fuck off with your income taxes, bet you didn't know that prior to 1913 and the federal reserve enslaving you goy cattle with tax, there was no income tax at all.
>>537921905Every time
>>537921737If anybody denounces their US citizenship, then it should mean they are denouncing all their US assets so any US property/stocks/etc. are surrendered.Why is the focus on tax the rich and not make the low and middle classes wealthier?
>>537929268yeah, but I'm eliminating property taxes, which have existed since before 1913.are you retarded regarding the concept of exchanging something for another?
>>537930110Why would you do that? Property taxes pay for a lot of services for the land like roads and law enforcement.
>>537930405so can income taxes.
>>537930534Most billionaires are paid with stocks, not money. How will they be taxed?
>>537930751businesses don't generate income?can stock portfolio exchanges buy you a coke?at what point does trading of stocks become its own form of currency?
>>537932590When do they ever sell their stocks? If they sell, the stock market price plummets in response to the new supply.
>>537921737You cant force them. They have to want to contribute to society in exchange for popularity and status. The roman senatorial class did public works and philanthropy because it kept them popular with the plebs. They would also create rooms with marble painted busts of their ancestors going back to the founding. Literally generations of 3d perfect sculptures of all your male ancestors. They cared about being senators despite it being a hereditary position. The rich dont care now and dont see us as human. We are their outgroup. They specifically dont want to help us and want us powerless so they can do whatever they want.Its not about systemic reform its just basic power politics. We need to kill them or enough of them to make them afraid, so they start doing the public works welfare stuff to curry favor again. We need to kill them and make them fear the mob. 4000 billionaires. 7,000,000,000 thousandaires. Were actually the billionaires if you think about it. All those fun statistics with money per hour and million seconds billion seconds etc. Imagine one man next to a million men. Now double it.
>>537927417Correspond to what? Real resources.
>>537927580>It’s like they don’t realize billionaires can just fucking move?Again -- the government creates money. So it doesn't actually matter if a billionaire moves. You don't need their money to fund anything.
>>537921737>how tf do you tax a billionaire?you know they wrote legislation that explains how the tax would work, right? they don't just write "TAX BILLIONAIR!!" on a piece of paper and then vote on it; they write the full bill first, their houses arent even touched by this tax. real estate is completely excluded. this tax targets people with billion+ dollars sitting in stocks and/or business shares. the whole reason it exists is that billionaires can watch their wealth grow by hundreds of millions every year and pay zero taxes on it because you only get taxed when you sell something. billionaires don't sell, so they don't pay. fuck that, says california
>>537925089>me taking a loan out to buy a home is the same as jeff bezos getting free money for another yacht is literally the same thingyou're a retard. you need that money in order to fundamentally access the housing market. jeff bezos only needs that money exclusively so he can avoid paying taxes
>>537933348lol
>>537933348If you don’t need their money why tax them more? Retarded statement.>>537933546So taxing their personal accounts that they can put literally anywhere else? Bravo.
>>537927580>>luxury home purchases at a stand stillexcept this didn't happen. this never happens. there's never wealth flight, or market collapse, or runaway inflation. or anything. its scare tactics thrown around by anti-taxation libertarians, even though they aren't even wealthy themselves. the reason luxury home purchases dont freeze up is because the wealthy still have immense wealth. you think. musk cares if his new summer home cost 105mil instead of 100mil? if these guys cared about getting the cheapest luxury house, they'd buy up property in shitholes like south carolina. but they don't. they want to live in california and new york because thats where elite civilization is. they've already been paying a premium for it, and they're not gonna stop
>>537934116https://nypost.com/2026/01/26/real-estate/a-40m-discount-of-las-la-fin-shows-shifts-in-luxury-market/LAs housing market is getting raped and you’re telling me it isn’t happening? Well golly gee anonymous guy you’re right!
>>537934060>So taxing their personal accounts that they can put literally anywhere else? Bravo.holy fuck dude, just read the bill. I dont get why you retards have such strong opinions on topics you refuse to do even the most basic reading on. you obvious dont care enough to read the bill, so why pretend you care about the implementation or the fallout?the eligibility cutoff is january 1, 2026. anyone who was a california resident on that date is already on the hook. the bill even says people who left in late 2025 might still be liablebut you know what? I ultimately agree with you. a state wealth tax does present some awkward limitations. we should implement a federal wealth tax instead. good point, chatter
>how tf do you tax a billionaire?I dunno, but I'll have fun finding out. Fuck em.
>>537934378Federal wealth tax means they move it off shore. You’re clueless still.All these taxes to give 400lb niggers lifesaving healthcare
>>537921737Capital gains tax
>>537934540Close that loophole. Simple as.
>>537921737by tax you mean kill tho?
>>537934652lol. So tax foreign investors? Can’t wait to see how that affects the markets.
>>537921737doesn't matter - some dipshit judge will say "unconstitutional" and overturn the will of the people just like that faggot judge overturned antifag marriage state amendment
>>537934338>Transaction volume moved in the opposite direction, however. High-end sales climbed nearly 26% year-over-year in the third quarter of 2025, up to 73 closings. Real estate activity remained high across the city in the wake of the wildfires.thanks for linking a counterpoint to your own "the housing market is frozen" pointfucking idiot
>>537934888Did you skim over the rest of it where it said that they were intentionally pricing lower to not get taxed? Holy fuck you deserve to be cattle.
>>537921737You would get taxed when you sell the house. Billionaires would be taxed when they sell assets at a profit. Its called a capital gains tax and the only reason to oppose it is if you're rich or have deluded yourself into believing that you will one day be rich (you won't).
>>537921737freeze the assets they hold just like they do to drug dealers until they pay
>>537924005>"Tax the Rich" sounds good only to dumb losersTaxing the people who have money makes a lot more sense than taxing people who don't have money.
>>537934944>luxury housing tax caused prices to drops and market activity to complete>BUT THATS A BAD THINGI don't think you even know what you're arguing anymore
>>537927580>They tried this on luxury homes, the result was comically obvious>luxury home purchases at a stand still>generate less tax revenue than they did beforeWho tried this when and where? Or are you just making it up?
>>537927793>You should let foreign scammers run your country instead of elected representatives>If you don't, they'll leave... ?
>>537934729Damn. You're right. It's impossible to tax them so we better stop trying, or else.
>>537935138>>luxury housing tax caused prices to drop* and market activity to increase*idk why my neurons misfired typing this lol
>>537935138I haven’t changed a single thing I said>luxury housing market at a standstill>generating less tax revenue than beforeIs this confusing to you? How the fuck does a 140mil home going to 80mil benefit a single fucking person that isn’t a billionaire? Are you arguing for more affordable luxury homes?
>>537935206Well, you could do a flat 15% tax without loopholes entirely but blues would cry endlessly that billionaires aren’t taxed enough, even though it would be more revenue.
>>537934540>Federal wealth tax means they move it off shore.>IF WE DON'T LET ROOTLESS CAPITAL USE THE US AS A TAX HAVEN, THEY MIGHT DO IT SOMEWHERE ELSE!Okay?
>>537934540>Federal wealth tax means they move it off shorecitizenship-based taxation. the us is one of the only countries in the world that taxes its citizens on worldwide income regardless of where they live. you can move your money offshore but you can't move your tax obligation offshore without renouncing citizenship. renouncing citizenship also has an exit tax>>537934729>lol. So tax foreign investors?FATCA (foreign account tax compliance act) already forces foreign banks to report american account holders to the IRS or face steep penalties. the offshore hiding infrastructure is significantly harder to use than it was 20 years agowe already have solved these problems, we just need an IRS will the political will to execute these laws that already exist
>>537921737That's the idea, they're trying to steal everything, leave you with nothing and per their pitch "you'll own nothing and you'll be happy." but much more likely, dead.
>>537921905Literally how permanent federal income taxes were passed in this country. Originally only applied to millionaires. Pretty soon everybody was paying, because the people in the top bracket kept finding ways to lower their declared income to avoid paying the top bracket.
>>537921737
>>537935064The problem isn't so much that the wealthy exist but that there is such a wealth disparity. The wealth gap needs fixed first.
>>537935255>>luxury housing market at a standstillYOU have already proved this wrong, from your own citation. repeating it doesn't make it less wrong
>>537935478Now you’re just looking for a gotcha because you know you’re wrong. Feel better
>>537921737They are being taxed on their assets which basically means they are being taxed on their unrealized gains in the stock market.
I know this is a total faggy complaint but can Elon Musk just give me $10 million? Please? I'll be good. I'll even give half of it to churches and chairities.
>>537929048Property taxes are based on annual assessments. Stock value changes rapidly when the market is open, it can shoot up or crash down by the minute. Can you understand why one of these things is sensible to levy an annual tax on, and the other is not?
>>537935536>can't offer a responseI accept your concession. I know you wont engage with >>537935379 eitheryou didnt read the billyou dont know anything about how taxation worksyou dont have any functional civic principles outside of a lazy "taxation is theft" probablyyou're well outside of your depth. its ok to cut your losses and close the tab.
>>537935664If they can borrow against it's fluctuating value, they can be taxed on its fluctuating value
>>537921737>i would literally have to sell my house to pay the taxes.I know a guy who can handle everything for a small fee.
>>537921737>how tf do you tax a billionaire?you pass the actual tax onto what's left of the middle class and misappropriate the revenue, and use the lack of change as an excuse to push for another "billionaire tax" a little later
>>537934540>move it off shoreAre they moving physical production plants off shore? Physical buildings, mines, arable land, power stations?Or just money? Because the government creates the money. It doesn't need to collect it as tax before it spends. The government does not borrow money from "the rich".Nobody has any money until the government spends it into existence first. You can't buy a government bond unless you have currency or bank reserves -- meaning they need to exist independent of and prior to a bond being sold.A city can't collect the subway tokens (if anybody remember these) from the population until it distributes them first. A football stadium can't collect the tickets unless it sells them first. A store can't redeem your coupon until they are distributed first.
>>537921737If I got you working for me but I payed you with copied Monopoly money but I had you so brain fucked that you thought it was real money and you kept working for me for free to me copied Monopoly money does that make you my slave?It’s called babylonian money magicEnd the FedPSAnybody think JFK was joking?Don’t answer that most of us are dumber than the slaves of 1860s due to FLUORIDE MICROPLASTICS and eating GOYSLOPSFun Fact:Old money WASPs made a deal with the Zionists loooong time ago that the American experiment of self governance has failed and they signed on to the new system they call new world order I d call it TREASON Hang them all upon conviction in the military tribunal
>>537921737Poor billionaires only own one modest beachside villaNot 1000s of properties in their business of parasitic rent-seeking
>>537933782Knowing politicians and their endless need for taxpayer money, you naively believe they will differentiate between the two... you are insane.
>>537935847>Because the government creates the money.actually the federal reserve kikes creates the money, and we taxpayers pay them for it! We're all slaves to kikes! Isn't that fun?
>>537935664what a bad faith argument. you think some retail investors are fluctuation between holding $5,000 in assets and $1.5bil, and they're just gonna get caught by the wealth tax out of pure misfortune?
>>537934015I don't know why you're laughing. You're Greece -- you don't have your own money. So you not understanding this doesn't actually impact real economies. Your country actually does have to earn deposits before it spends. We don't.
>>537935847>Because the government creates the moneyFederal reserve is as federal as the Federal Express Shrimple As
>>537922354see you in heaven
>>537922128Then where is he going to live you numbnuts? Now extrapolate this problem to every other analogy/example.
>>537935974lmao even
>>537935874>>537935913
>>537935913Congress apportions all spend. The Federal Reserve is an agent of Congress.The Congress passes a spending bill -- this creates new money right then and there. When they spend to a deficit, by identity they are creating bank reserves within the banking system in the amount of that deficit.If you allowed reserves to pile up in the banking system it would naturally drive the interest rate down, potentially to zero. So what the Fed (and treasury) do is they sell bonds to drain excess reserves from the banking system in support of their interest rate target (which as a monopoly operation, the Fed itself sets so it can always hit it).
>>537921737You tax the future labor of the middle-class and call yourself a good socialist while creating a bigger lower class.
>>537935909>you naively believe they will differentiate between the two... the bill is already written and it specifically targets "loans and lines of credit backed by capital assets". if you're not taking out a loan against your billions of dollars in Amazon holdings, you're not getting taxedhttps://goldman.house.gov/media/press-releases/rep-dan-goldman-introduces-new-tax-wealthiest-americans-generating-estimatedyou poltards are so fucking retarded>"if I dont know about it, then that means its a fundamentally unsolvable problem. and no, I'm not going to do any research at all"guys like you should stick to the "video game boobs should be bigger to save the west" threads. idk why you pretend to give a shit about taxation
>>537935724How does that make any sense? Lending money is inherently risky for both borrower and lender, specifically because it's based on an asset that is constantly fluctuating in value. The amount loaned isn't based on a percentage of whatever asset, it's an amount agreed on by borrower and lender in negotiations. That's the only way such a thing could possibly work with that much risk and uncertainty involved.Is that how you want taxes on unrealized gains to work, negotiations between the billionaires and government over what a good amount of tax is?
>>537935974>You're Greece -- you don't have your own moneyWe went broke and went under the control of bankruptcy receivership company. We have an illusion of a republic but the legal framework has long been usurped. That’s why “officers of the court” lawyers laugh you out of court room when you argue the constitution It’s quite a rabbit hole. It’s called Act of 1871Receivership company is USA Inc. Vatican Corporation is the debt holderRothschild family owns (some all dunno)The “federal government” has been operating under a charter called>Constitution of the United States of America If you look the original says >Constitution for the united States of America Fun FactSince 1913 we can no longer coin money and we have to borrow what we print from the same people that owns the receivership company. Forever stuck in debt
>>537921737this is how wealthy people avoid taxes. they have assets like stock or real property and borrow against them for a rate lower than those assets appreciate. they literally live without paying any taxes unless they take a distribution or sell an asset.
>>537935950It's not bad faith at all, it's asking you a simple question: on what value do you tax the stock? It changes daily. Hourly, or even by the minute. Which arbitrarily taken value is your basis for the tax? The highest point in the tax year? The lowest? The median? None of these make any sense for a a variety of reasons, and are patently unfair.
>>537921737>be multibillion dollar company.>"see we might have earned 4 billion dollar in revenue, but we now reinvested 3.9 Billion so we only have to pay taxes on 100mil, don't mind that the reinvestment increased our stock value by 20% and we pay our managers with stock options.">government: "I see no problem with that. Have a nice day :) ">be me, a normal goy>"see I might have gotten 60K, but I needed 50K of that to... you know... SURVIVE, some of that for my family, you know have kids, "invest" in the future of this country...">government: "you owe us taxes for 60K >:( ">government: "actually we're gonna double dip and tax the already taxed money again with sales tax etc. when you spend it."
>>537936271Where Jews reign supreme freedom becomes an empty dream.
>>537936271Stop fucking posting. The US cannot go broke. It cannot happen. All of the debts are denominated in US dollars, which the US government is the only legal issuer of. Private banks that create deposits as loans can only do so because they have been granted a government charter.I am so, so, so tired of you conspiracy morons who swallowed austerity propaganda and think you've "figured it all out". Shut the fuck up.
>>537936269>I understand how one could create debt with a fluctuation asset, but I don't understand how one could be taxed with a fluctuating asset
>>537936167Tax the rich what can possibly go wrong?Be the 16th Amendment >we only tax rich people making 25k plus100 years later…….>pic related >you can’t live on 25k a year
Ha, they are already jumping state at the idea they might get taxed more.
>>537936467>All of the debts are denominated in US dollarsGo look at your “money” and tell us what it says I’ll save you some time >federal reserve note
>>537921737These fucking retards would vote to incinerate their neighborhood if they were told it will harm billionaires. They're so fucking stupid. Commiefornia is already bleeding from the many billionaires and businesses that have left, but these worthless fucking people have no idea how the economy works and how the wealthy conceal their assets. Good fucking luck. I can't wait for it to go to shit
>>537936641>and how the wealthy conceal their assetsThen close those loopholes
They will probably just spend it to get rid of bad dick magic rocks or some such thing.
>>537936641Not only President Trump touched a Rothschild he took the whole family and stuck and Louisvill slugger up their asses
>>537936388>asking you a simple question: on what value do you tax the stock?the bill specifies the snapshot is end of december. feel free to read the bill if you have more questions>but what about..read the bill>ok but what if...read the bill
>>537936641>>537936772You can’t make this shit up too funny
>bank creates money out of thin air>use it to pay you wages for your labour>you get taxed 40% on it>bank creates money out of thin air>use it to give loans to billionaire backed against unrealised assets>totally tax freehow is this fair?
>>537921737well its jews wanting their money vs jews trying to keep their money. so you'd have to collapse reality into a singularity where all jews and all money belong to eachother simultaneously and the universe rolls into its own foreskin and disappears
>>537936845Do you not know what a loan is?
>>537936845The Khazarian Mafia invades England after being expelled for hundreds of years:To accomplish their invasion, they hired Oliver Cromwell to murder King Charles 1, and make England safe for banking again. This began the English Civil Wars which raged for nearly a decade, resulting in the regicide of the royal family and hundreds of the genuine English nobility. This is how the City of London was set up as the banking capital of Europe and launched the beginning of the British Empire.From David Icke’s website www.davidicke.com
>>537936845Maybe we can spend another 11 billion dollars on the high speed train to nowhere .
>>537936981
>>537925089You can set a tax bracket based on what the loan is for and what the collateral is. It doesn't need to be a universal tax on all loans. Don't be some small minded.
>>537936610You're really not very smart and are way overthinking this.
>>537921737t.
>>537921737You have to pay for capital gains on selling that house. And you need to pay property taxes if you keep it. You need to pay income taxes on the money you earn and you have to pay sales tax on what you spend. Even if you kill yourself there is a death tax on that. The only non taxable event left is jerking off but I'm sure they are working on that soon.
>>537937018>looting our treasury and keeping it in offshore bank accounts Sounds like TREASON desu
>>537937161If I got you working for me but I payed you with copied Monopoly money but I had you so brain fucked that you thought it was real money and you kept working for me for free to me copied Monopoly money does that make you my slave?It’s called babylonian money magicEnd the Fed
>>537936914Yes you pay a small amount of interest each year (matched by inflation) and in return you get access to an endless pool of tax free fake money printed by banks as long as your assets grow at least as fast as inflation. You can just keep the scam going forever. Unless you're a wagie goy of course then you pay 50% taxes on all the money that passes through your hands and then get to watch whatever savings you have inflate away too
>>537937238Oi, do you have your fap liocense??
>>537921737First you find their bitch holding out asses on their private island tax havens. Then they try to kill you because they can only exist where there is no laws.
>>537921737You get taxed on income anon. Not assets.
Luxury taxes, particularly on foreign-made goods. You want a $4.5 million Bugatti? You want a $180 million Lürssen Yacht? Okay. Be prepared to pay a 30% federal luxury tax on it the moment it enters the country, plus another % luxury tax annually to keep it registered. Don't want to pay the tax? Buy American-made luxury goods. The act of buying big property/land in another country could also come with some sort of US tax, if you're a US citizen, to encourage the purchase and development of property in the US. This would likely be harder to legislate and effectively pull off, though. Sin taxes and total bullshit that nobody needs -- legalized marijuana products, legalized escorts, gambling, prediction market earnings, etc., would be another source of revenue.
>>537937480More money = more protection from a corrupt government I’m craving bananas now something about by post probably
>>537921737They liquidate some of their assets. It's not like selling a house, most of their assets they don't USE.>"B-but the stock prices will go down!"Good. Shit is overvalued and shareholders need a good beating already.
>>537937669Or we can simply change some corporate laws
>>537924819No, the solution is no jew taxes.
>>537937351When you go to the store -- whatever kind of store -- and you give them dollars, do they give you real resources for them?Like can you buy lumber with dollars? Yes. Can you then turn around and frame a house with lumber? Yes. Money is a creature of the State. It is a tool to direct real resources.
>>537937823YesIt’s called fiat currency and it only works when most people believe it has intrensic valueUS Dollar was what Kennedy wanted and what Abe Lincoln wanted to use to payoff the civil war debts
>>537937821If Jews as collectively wanted communism, tax the Jews 100% and give them Gibbs? Of course after niggers get their cut the reparations for Jewish slave trade
>>537922724Back in the 1950s and what not corporations paid much higher taxes than they do today yet they still made huge profits, the average person's wages were much better, and everything was cheaper meaning the tax wasn't all being passed onto the consumer. It's interesting how corporations and the wealthy pay far less taxes these days than in the past yet they are making gigantic profits for themselves, workers wages have stagnated, plus all the prices have skyrocketed, care to explain?How exactly would getting rid of these taxes solve anything because history has already shown that decreasing the taxes has only made things worse?
>>537938329Our country did fine without income tax before 1913 actually it expanded and became the strongest nation on the planet and it only took little over 100years. Now look what the central bankers have done. Look at our cities look at our factories
>>537937981There is nothing that requires the US to sell bonds, or to pay interest on bonds that it does sell, outside of self-imposed restraints. The existence of the central bank itself does not compel the State to do these things. It's a policy choice (and it very well might be a bad policy choice).You have zero or near-zero interest rates from the Fed back during the whole 2008 deal. The problem you guys have is you mistake the existence, the mere existence, of the central bank itself for conscious and deliberate policy decisions that people (who often do work for the central bank -- but usually at the political appointed levell rank and file Fed staff do understand how this works) make with those tools. And this is a common theme with rightoids because they don't actually want to engage in serious thinking or politics.
You tax them the same way you tax them now, only harder.
>>537938519Yeah sure If Secret Service protects the President AND the Federal Reserve who protects the president from the Federal Reserve?
>>537938497Why are you concentrating on the income tax specifically because I was talking about taxes overall. The income tax should be gotten away with because it is unconstitutional but still the wealthy and corporations paid far more taxes all around in the past compared to today and people overall were more prosperous. Since lowering taxes on the wealthy and coporations all it has resulted in is a concentration of wealth to a few people while everyone else's quality of life has suffered. You can just see it with your eyes today how your average person is far worse off than in the past when taxes were higher on the wealthy and corporations while the wealthy and coporations are living the high life making record profits for themselves.
>>537937732Why not both? We ultimately do need to de-power shareholders considering they're behind nearly every bit of enshitification that's been undertaken in the past 30-40 years.
>>537938497We don't live in the day and age where tariffs make sense for anything but protecting of certain industries though considering it just gets passed onto the consumers to pay higher prices.But look at our 'golden age' of the 50s and note how much larger the orange share is, and much smaller the blue and red shares are. Not radically so, but enough to make a difference for regular Americans.
>>537921905>>537935402They never fucking learn, do they?
taxes are way to insane for regular ppl you'll barely get any momentum from how much you end up paying
>>537938663What if the people who need our tax money one day just disappeared leaving the productive people on this planet?We should send them to MarsFaggots and Karens first >Mars I ment Canada Baffin Island I think
>>537938803Maybe because I PAY income tax?AlsoIf I owned something and I had to keep paying to keep it do I really own it?End property tax too
>>537921737capital gains @ 50% over $100k realized yearly not just on assets sold. stock market needs to stop it's fantastic delusions
>>537936181Once established, all taxes then expand.How will they differentiate between an elder retiree taking a loan against their assets and a billionaire?How about businesses that take out loans using their assets?
>>537938939Ok moshe If you don’t want to pay tariff make them here Inb4>we don’t have the technology I’ve seen CNC lathe for sale on Facebook for $25k
>>537937064>based on what the loan is for and what the collateral isNow the IRS is going to have interviews and ask WHY you want the loan and then they will base the loan on types of assets you but for collateral?You are an idiot.
>>537921737How do you tax a billionaire? The same way we used to do it before globohomo when politicians cared about their own countries, capital controls.>the rich will just take their wealth abroad>lolno
>>537921737It would be a shame if those billionaires, who have endless resources and can live wherever they want just moved residency to a different state, depriving California of a large chunk of its state income tax base. But they would never do that, right? California is such a great place they'll never just go to AZ, NV, OR, WA, etc. and just fly their private jet back to CA if they feel like it.
>>537939307Remember when money got “invested” it got spent on things like infrastructure and “the fastest” “the biggest” “the longest” stuff? Now it gets invested in “securities” whatever that really is
>>537921737You kill them and their families Problem solved
>>537938992>What if the people who need our tax money one day just disappeared leaving the productive people on this planet?Or the reverse.
>>537939624You wouldn’t believe what happens when you even lie a hand on one of them….>world warsJust ask uncle Adolf you’ll be forever known as the worst person in the history of human kind
>>537939196The problem is that it'd still be cheaper to make it abroad and bite the tariff bullet than spend millions to establish operations domestically.But I do agree we need to revitalize our industry. But tariffs are not the way. And they certainly can't be treated as a good source of government revenue, the same way we can no longer just sell land like we used to. Conditions changed.But if you want industry then how about we make it much harder for corporations to outsource and insource? Make it harder for them to cooperate with foreign entities that will just steal their tech and create leaner more agile competitors to them? End the short term manner of thinking by de-powering shareholders in our society, and empowering workers.
>>537925297Bro, he's worth a trillion dollars. He knows a little more about it than the rest of us.
>>537939705YeahWhere is John Galt?
>>537921737>How do I encourage the people with thousands of employees to pay me less
>>537939868Wrong If I want Chinese crap I’ll go to Chinese company to buy it but at Chinese price. I’m not dealing with (((middle men))) anymoar. Not paying American price and (((they))) take their cut while (((they))) get some slave labor to produce some goods. You fucken kikes don’t hire white men then bitch that where are the skilled trades and “technology” are not here. Like I said technology is on sale on Facebook marketplace and the people to operate them are delivering DoorDash to get by
>>537940153You really can't pay me any less. It's illegal
>>537922434Most billionaires have major shares in publicly traded corporations so they don't pay "payroll tax", the company does.
>>537928908How the fuck is that a lie? Of course if you raise taxes on a business they're going to raise prices to offset them, they need to continue to grow they can't just eat the losses
>>537921737Literally do a look back provision it’s that simple. Seize any tangible assets left behind.
>>537935664If that's the problem, then the annual tax rate can be divided by 365 and applied daily.
>>537921905there's an excerpt specifically that this tax can be made yearly and apply to everyone in the bill
>>537921737force them to liquidate into capital, if they refuse, fine them a hefty quarterly percentage (90%) as "lost wages and tax revenue"
>>537941323alternatively, there's civil asset forfeiture which has only been used on poor people thus far.
>>537921737Ive accepted california can do whatever the fuck they want because the weather is beautiful year round
>>537941434First they were like this
>>537940391Then I need to be paid daily. I don't understand why this deemed impossible given the technology we have.
>>537941434>>537941519Then we elected this
>>537921737Seize their assets, the fuck you want from me?
>>537941519>>537941575While government was allowed to do this
>>537921905
>>537940391>>537941520I actually need to be paid hourly, as all employers have been saying forever that they do, but never do and instead make me wait weeks at a time.I know it's only for psychological reasons.
>>537941630I know the story, thanks, been alive for a while.
>>537941575>>537941630Then we got this Our president their kingThat makes Bongs our Subjects aka slaves We should tax their tea and stamps to pay for protecting them from the big bad Russians
>>537941658cool gaslighting brogas prices, grocery prices, and rent increases are invented realities too, eh?
>>537921737>Tax the rich>They fuck off somewhere elseUh oh. Should have tried to increase the purchasing power of the dollar instead!
>>537941721>>537941760
>>537941760You could've just made this one post. Not every story needs the "Once Upon a Time" intro.
>>537921737That’s not the problem. The problem with taxing is the write-offs and exceptions. To solve it, just have a flat flax rate for everyone. 20% tax sucks of youre poor and it sucks if you’re rich. But if you’re rich, at least you will contribute more. And there should be no tax after you get your money. No tax when buying stuff at the grocery store. The store will have to tax by the end of the month, but they can’t add tax to what you buy. And some stores would try to incorporate the tax by raising the prices, but competition would sort that out quickly.
>>537921737don't tax the items dipshit tax their tradebesides billionaires are the low hanging fruit of the parasite tree, want to get to the roots? go after corporate accounts especially in the financial sector
>>537941879>They fuck off somewhere elseI'm sure bezos will move to malaysia instead where it doesn't have the infrastructure to support his business
>>537921737You get taxed on unrealized gains on a house already genius. It’s called property tax and they reassess as often as on an annual basis in some places.
>>537941879>The rich leave>bar them from the economy that gave them the opportunity to accrue those billions>slowly chip away at their wealth and don't allow them to do it againproblem solvedwhat are they going to do?
>>537942121All bezos has to do is tell commie states they can create their own amazon. No business in that state means no tax.
>>537942206Like I said. He'll move to malaysia which doesn't have the infrastructure to support his business
>>537942168When the people lose their precious bread they'll be voting to revert it as soon as it's possible to do so. The cattle need their 2 day delivery of worthless trinkets like a fat kid needs ozempic
>>537942299Sounds like a lucky break for postal workers.
>>537921737Why do say eat the rich then freak out when they move?They brag about their state's GDP and hate the rich.They say Silicon Valley is better than what any other state has to offer, then whine about countless millionaires created in the state. Retards can't have it both way.
Easy answer, inflation. Inflation taxes everyone who holds dollars. It's the reason guys like the Rothschilds and Rockefellers aren't really relevant anymore. $100 million back then was top dog nation-spanning wealth, today it's a penny.Combined with inflation, you have to limit their access to markets, their ability to invest. A lot of these billionaires need to ride trends and play the game to stay hot, and if they don't have access they can't do it.
>>537921737>how tf do you tax a billionaire?Violently.
>>537942458Shareholders are the cancer that has a stranglehold on the economy. If it wasn't for dodge v ford. Companies could actually afford to pay their employees a good salary without the risk of being sued to fucking oblivion.
>>537942323you forget where we're talking about? Something will take it's place. It just won't be as lucrative as it was, allowing intangible amounts of wealth to be concentrated in the hands of a few. It'll be regulated and taxed accordingly, such as is the premise of this thread.If we've realized that we've made a mistake; the goal is not to make the same mistake twice.
>>537921737>how tf do you tax a billionaire?Not the way the left is doing it, since that can be bypassed by having lots of assets that rise in value, then borrowing on those assets and paying back only interest.The best way to "tax the rich" is to create an economic environment where - relative to our current economy - incomes rise faster, even if it is at the expense of asset growth.This would look like a world where the price of labour increases faster than now, such that corporate share prices don't rise as quickly, and interest rates are kept at a much higher level.In addition, there would be a far higher level of human capital investment in order to increase productivity (yes I know that is not the solution by itself, see Canada), along with infrastructure. This is where you would see things like increased funding for education plays a role in societal development. (Funding however would have to come from more progressive higher income taxes, while simultaneously removing incentives to reward people with access to assets a'la CEO stock options).It can be done, but the consequence is every wealthy person who followed the "buy, borrow, die" model is going to be fucked in advance since the assets that justified taking out such a loan might not be worth enough to cover the loan if they needed to pay it all back via liquidation.
>>537942650I think wealth should be for work. Like do $50 of labor, get paid $50. One thing that bothers me is people who can make money simply by "owning things". You did no work, you put no effort in, yet you made money just having your name on the title.Using the stock market people can accumulate vast fortunes just by passing around pieces of paper. It's clearly a hack in the system. I think people at the top know it's bullshit, but they all profit from it so it's allowed to persist.The concept I was playing around with was the idea of a 2 currency system. 1 currency would be exchanged for goods, services, labor....etc. The other currency would have a different name, and would be for owning titles, deeds, land...etc. The trick of it is, with the second currency you can only buy something for the same you paid for it. Pay $20 for a stock, sell the stock for $20. Money in = money out. This way you can accumulate titles, deeds, land...etc, but you can't actually profit that way. There would be a one-way currency conversion. You could convert dollars into ownership shares, but not the reverse.Also just the clarify, a house is a depreciating asset, so the house is traded as a normal good using dollars. But the title, deed for the land under the house, that is traded in this other currency. Also the way it works is that when you sell something, it's put up for bid. So while you can sell something for exactly what you paid for it, that doesn't correspond to what someone buys it for. So for example, you sell something for 20 blue chips (or whatever this currency is called) but someone buys it for 50. The difference of 30 doesn't go to the previous owner.
>>537941817lol, are you dumb?Tax rates for brackets goes up, not down.
>>537941658It’s the exact history of the federal income tax you buffoon.
>>537940248If you create and start a company and own a majority share of it you are in effect paying the pay roll tax. You created the mechanism is which created that tax stream. You also created the income tax the company pays. To a lesser extent you even created the tax your employees pay on their income. I’m not simping for billionaires or capitalism but as fake and gay as the system is, it’s built on people starting companies so the (((govt))) can then get its hands on every tax it can think of.
>>537921905This bullshit is happening in Washington as we speak. The "totally not an income tax" was passed and the money it would have raised was immediately spent. Now we get to see the state do their best to act surprised when there's a massive revenue shortfall at the end of the year and tearfully announce that the floor is getting blown out on the earnings required for the tax to apply to you. And of course they'll have it translated into salishan with a 6'6 brown tranny flapping xer arms around live for the hearing impaired. I fucking hate this place some times.
>>537942537>Shareholders are the cancer that has a stranglehold on the economy.Wow, who are they? Some fat guy with a vault full of money bags?>If it wasn't for dodge v ford.How many pages was that court case? Did you read it or are you just going by what you saw on r-antiwork?>Companies could actually afford to pay their employees a good salaryHow much is your salary and what do you do for work? >without the risk of being suedHow many companies each year are sued for paying too much salary? >>537943059>I think wealth should be for work. Like do $50 of labor, get paid $50.What do you do for work and what is $50 worth of it?>One thing that bothers me is people who can make money simply by "owning things".I fucking hate that too. Can you loan me 10 grand if I promise to pay it all back and not a penny more over the next 4 years?>Pay $20 for a stock, sell the stock for $20.Sounds good. I'll sell you shares of stock in my business for $20 and no matter how large the business grows your equity will never be worth more than the $20 you gave me. You DEFINITELY won't be getting a dividend either.What do you say, comrade? How much do you care to invest in my company?
>>537921737Some kind of a tax on unrealised gains, I suppose. Maybe it only applies to people above certain wealth. Otherwise it's going to be rather rough for people with small investment portfolios.
>>537943366
>>537943059So let's say you saved $20,000. You convert the money to blue chips (or whatever the 2nd currency is called) and purchase the deed to a small farm. You can now profit off the production of the farm. The wheat, the produce, the livestock. You can hire farmhands and cowboys and set up a thriving business.But when it's time to sell the farm, you can only sell it for $20,000, the same you bought it for.I guess the problem of this is, you made capital improvements to the farm. You bought extra machinery, installed the fences, created the workflow and institutional efficiency. So you should actually be allowed to profit from that, ideally. I mean you did profit for all the years you ran the business, you got the extra income. But in terms of passing that along to a new owner, you sould be reticent to do so unless you were compensated for what you put in. I think when it comes to the deed for the business itself, there should be some facility to pay a previvous owner dividends or something. Like maybe a separate sort of share type
>>537943366>Did you read it or are you just going by what you saw on r-antiwork?Of course he didn't read it. 99% of people who bring up dodge v ford don't even know what the legal controversy centered around. They certainly didn't read the ruling let alone understand the implications.
>>537943916Farm equipment are expensive af Only if there is a way to get free labor
>>537943948>(((Wall Street))) wants class A (F) stonks>Henry tells them to fuck off >mah labor strike even though he payed double that of others >Henry still won’t sell >Henry is a Nazi even though he made B17 to bomb the nazis And here we are Ford family still retains the class A sharesGoooooooooo lions
>>537921737>most billionaires are going to have all their assets tied up in stocks or properties.HURR THEY JUST CANT AFFORD IT OK!!!!cry me a fuckin river
>>537943948>>537944233Here you can read all about it
>>537921737Just in time for the boomer die off and wealth transfer to millennials
>>537922354Kek
>>537921737>i would literally have to sell my house to pay the taxes.Ever heard of a mortgage?
>>537921737The problem is that you want to tax people for the right to hold on to their earned money. You already taxed them on income, sales, property, .... And now you also want to charge people for the privilege to hold on to their earned and already ridiculously taxed money. That's cartel like. Charging a fee for ''protection''
>>537944399Yeah about that……..They fucked us you’re not getting a penny but the Aloha Snackbar gets free loans for liquor storesRemember that time we had to give up our rights because of Aloha Snackbars but then they proceeded to import millions of Aloha Snackbars?Pepperidge Farm Remembers
>>537921737yeah simple, you don't tax earning you tax consumption. Instead of federal income tax there should be a federal sales tax. Tax luxury goods at a much higher rate and don't tax food.
>>537943916Maybe I'm answering my own question. But there could be a neater solution.Like, surely if this farm is so profitable, the business would expand. You'd expand and expand, and so you'd profit off the scale. While you only paid $20k or whatever, you are reaping rewards more in line with a $50k investment.But remember, I asserted money should be for work. When you quit, why should you be able to profit in-perpetuity for something you're no longer putting work into?Whatever value these institutional efficiencies are worth, can be sold separately as its own title. Kind of like...I dunno, a patent? And indeed that should be worth blue chip.But what's the point of accumulating all this blue chip anyway? I guess...buying a big house for your retirement? You can't convert it back to consumer goods, but maybe you can use it to get something of value. Maybe you would invest it into government and get something that way. Your name on a park bench, a parade in your honor, something for your kids. A legacy of some sort.
>>537943366>How many companies each year are sued for paying too much salary?How many publicly traded companies refuse to hire wage undercutting Indians?
>>537944672How about government stop taxing its own people? Just tariffs cause you could’ve made them here but you didn’t so fuck you too
>>537944850Zero taxis pipe dream is as bad as commies everyone will work for free pipe dream. Tarrfis wont collect enough to actually run the government
>>537944850Right after gaining independence that was indeed exactly what USA and most other American ex-colonies did.Interestingly most ex-colonies in Asia did not.So there are two groups of countries economists can study and turns out it doesn't really matter: a tax is a tax.
>>537945046>Tarrfis wont collect enough to actually run the governmentAnd the problem is government is too big corrupt and expensive or us peasants aren’t paying enough taxes?Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.
>>537921737Yes faggot. After your net worth reaches a certain threshold, it's totally fair to tax you on the increase in the value of your assets year to year. It's not our fucking problem if you lack liquidity. If you're worth a billion bucks though, I'm sure you can figure something out.
>>537945190Oh, so it's just like the federal income tax that was sold as a "tax on the rich" and that only "the top 1%" would pay. Fuck off dumbass. Your lies aren't original.
>>537945103Independent was from the banking system what why there was a war Canada kept the central bank no war there and still have the Queen of a country they supposedly declared independence from We told the central bank to fuck off after the Revolution. They tried to collapse our economy and the Article of Confederation failedSecond attempt being…..Constitution Art1 Sec8>congress shell have the power to coincide with money (((They))) did NOT like that thus the war of 1812 Central banks vs the president always been the history of the United States
>>537945176unrealistic demands of total government abolishment aren't really helpful and is why libertarians are routinely sidelined in politics.
>>537945608We didn’t start the war If it wasn’t for President Trump we all be in FEMA camps by now. And someone was ok with following orders and even trained to do it. Let’s face it nobody in DC or people you see on TeeVee were going to kick down your doors and put you and your family in a FEMA camp. It’s the people following orders so he can make the next fishing boat payment Them:>Just following ordersMe:>Shit posting is mightier than FEMA camps mil spec M4 and “MRAP and SWAT for the constitutionalists and gun owners”I think this is beyond criminal it’s TREASONOUS >At WAR with Americans >Trained by a foreign country >target practice on American gun owners >target practice on CHILDREN DHS CONTRACTOR APOLOGIZES FOR SELLING SHOOTING TARGETS OF CHILDRENhttps://archives.infowars.com/dhs-contractor-apologizes-for-selling-shooting-targets-of-children/LAW ENFORCEMENT “REQUESTED” SHOOTING TARGETS OF PREGNANT WOMENhttps://archives.infowars.com/law-enforcement-requested-shooting-targets-of-pregnant-women/Police Cadets Quit, Expose Dept. for Training Cops to View Public as 'Cockroaches' They're at War Withhttps://thefreethoughtproject.com/cop-watch/police-recruits-quit-program-call-out-dept-training-become-warriors-against-the-publicAfter 9/11 came the Patriot Act. And American citizens officially became potential enemies of the state.https://www.infowars.com/posts/fema-camps-for-american-dissidents/ADL considered scrapping its US police training trips to Israel, decided not tohttps://www.timesofisrael.com/adl-considered-scrapping-its-us-police-training-trips-to-israel-but-decided-not-to/ This happened and people responsible and people who followed orders need to HANG upon conviction in the military tribunal for TREASONInb4 >but but but but……… mah training TALK TO THE FUCKEN JUDGE…. The Tribunal judge
>>537945718>If it wasn’t for President Trumpkek now you are championing one of the worst fiscal spenders in American history. you're a pure zkitzo retard. good luck
>>537921737>i own a house>the house goes from 250k to 1BOP doesn't know the difference between 1B and 1Mhow I know you're a nigger
>>537945787What’s going on here moshe?
>>537945608>unrealistic demands of total government abolishment>literally the Declaration of Independence Pick one Do you even America bro?Happy 250th Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.
>>537946053reading is for communists and you talk like a fag
>>537946318Fun FactIt was illegal for slaves to read
>>537921737>most billionaires are going to have all their assets tied up in stocks or properties.>Musk is a trillionaire.TAKE THAT CALIFAGS!!!
>>537946533If I got you working for me but I payed you with copied Monopoly money but I had you so brain fucked that you thought it was real money and you kept working for me for free to me copied Monopoly money does that make you my slave?It’s called babylonian money magicEnd the FedPSAnybody think JFK was joking?Don’t answer that most of us are dumber than the slaves of 1860s due to FLUORIDE MICROPLASTICS and eating GOYSLOPSFun Fact:Old money WASPs made a deal with the Zionists loooong time ago that the American experiment of self governance has failed and they signed on to the new system they call new world order I d call it TREASON Hang them all upon conviction in the military tribunal
>>537921737It takes multiple senior irs agents a long time to audit them. I think a lot of them were let go during doge, or made auditing them more difficult - I forget what but there was a change last year of some kind.
>>537921737you can't tax the rich they will just take their money and move if you do
>>537946618Peasants like us are easy to fuck with?>pic related I want to believe………
>>537946711Taxation is legalized theft Steal from foreigners if you must Just tariffs
>>537946711>Oh no, they'll have to be useless nationwrecking leeches somewhere else
>>537921737Then all the billionaires move to Texas and Florida and California loses even more revenue.
>>537946991Have you met out then sec of war Stinson? He picked the targets. His nose literally grew around his glasses>Torah Torah Torah Japan didn’t declare war on the American peopleChange my mind Historical Significance: Nagasaki has been a crucial center for Christianity in Japan since the arrival of Jesuit missionaries in the 16th century. It became the primary location for Catholicism, especially after the Tokugawa shogunate's ban on Christianity from 1614 to 1868. Christian Presence: While Hiroshima is more widely known for the atomic bombing on August 6, 1945, it also has a history of Christian presence, though it is not as prominent as Nagasaki.https://www.bitchute.com/video/oU6KAhKfXNg5/
>>537935471Your dad is so disappointed in you but deep down he still loves you and has hope you'll grow out of it one day. I mean surely you can only pretend to be a woman for so long before the cringe becomes unbearable no matter how many queers are cheering you on right?
>>537946775Yeah it's mostly a computer that flags the poors since they can't do much beyond dumb shit like claiming they're a student. Anyways, last year they made it more difficult to audit the wealthiest and placed emphasis on auditing the poor's. Took away a lot of exemptions too iirc.
>>537947091Florida you say?
>>537947478Yeah, Florida has no income tax. That's why so many Jews live there.
>>537947471I asked my H&R guy ( I have to itemize) if there are any laws REQUIRING me to pay income tax and he said no. BUT there is a law saying you’d have to FILE taxes. But he said if I don’t pay they make my life a hellHow is this not extortion? This is literally what mafia does
>>537947592Wait a minute!!!Jews wants all the social programs for the “poor” but don’t want to pay for it?
>>537935402>Literally how permanent federal income taxes were passed in this country. Originally only applied to millionaires. Pretty soon everybody was paying, because the people in the top bracket kept finding ways to lower their declared income to avoid paying the top bracket.Wrong originally they applied to Public Office Holders, then they handed out SSN which were voluntary and taxed those people for a retirement plan (which is now insolvent) then they expanded the Tax rate post WW2 for Patriotism, and the "Greatest Generation" knowingly sold us all into slavery for a Social Security check.
>>537921737Whats Hillarious about this is the subjects of the tax cannot even fight it in Federal Court, because the only subject matter a judge cannot rule on and grant releif through Declaratory Judgement is Tax Laws, a judge in a tax case is prohibited from even giving the definitions of a term in the Tax Code.
>>537947801For the rich people making $25k and over it’s still like that today. Under $25k you don’t have to file But that was rich in 1913 you can’t live in $25k yr now. Law hasn’t changed probably by design. They get you with just the rich then start the printing press. Next thing you know in 2113 you won’t be able to live on $25M/ yr but your stuck paying cause $25M was rich when the law passed
>>537921737>how tf do you tax a billionaire?SIMPLE:My tax system1) Flat Income Tax rate. Loans can not be taken on unrealized "wealth".2) National Sales Tax on all goods/services.EXAMPLE:Citizen buys a car for $20,000......pays sales tax. Billionaire buys mega yacht...pays sales tax. Same rate regardless of wealth. Much harder to avoid taxation.....as there is no real point to becoming a billionaire, if one is going to refrain from the luxuries of having such massive amount of money. AND.....inherritance is income.
>You can't tax billionaires guys, they're just too smart for us! They have like, bank accounts in the Cayman islands o algo. They'll just move away! No you can't just take their capital if they try to do that, that's cheating! Better not even try, it will only make things worse for us in the Middle Class™! Also, you know they'll just give all the monies to niggers anyway, and we sure hate niggers don't we folks!
>>537947091>They're gonna move silicon valley and Hollywood to florida if you tax them!!!It's be cheaper just to pay the tax than rebuild their infrastructure all over again
>>537948821Prove my tax dollars don’t go to saving fat niggers
>>537940248Fucking retard. How old are you? Stupidest post I’ve seen all day.
>>537949160Statistically you probably only spend a dollar or two on it
>>537924427My house is unrealized gains too fucktard. California is closing aloophole and is based af. Go back to tour nebrahoma double wide trailer home and worship israel.
on total wealth ... if they try to leave a state or the country 40% departure tax
Eat just one billionaire and the rest will fall in line.They'll gladly be taxed
>>537929048>What do you think property tax is?property taxes are a huge fucking scam. basically once you own a piece of property you have to rent it out to the government. fucking shit even when i had a car in virginia and didn't even own the car outright, i was still paying property taxes on shit i didn't even totally own.
>>537954043shit fucking pisses me off. you can never really own anything. you a permanent renter.
>>537943288Business taxes are not equivalent to income tax. They are a cost of doing business, like any other cost. They are passed onto the consumer. Personal taxes are completely different. Income tax, taxes on your residential property etc. You are forced to bear the burden of these taxes. If income tax increases 5% that's money right out of your pocket. If payroll tax is increased 5% the business can and in most cases will just raise prices to maintain their profit margin. Anyway the real issue is the implementation of capital gains tax. I'm not smart enough to know how to fix it, but any retard can see that inherent unfairness that the current tax system creates. A wealthy person can sustain decades of high expense lifestyle with interest only loans, only paying tax on the income or assets sold needed to finance the interest i.e. only paying tax on a fraction of money used to finance their lifestyle.Then way down the line or even after they are dead they sell a bunch of assets to pay off the principle, triggering one capital gains tax event. The unfairness arises due to the time value of money. The wealthy person has essentially been allowed to defer their tax payment for decades while it passively gains value that they can pocket. Meanwhile a regular person is taxed on 100% of their personal expenses on a yearly basis. Imagine you pay $30k income tax a year, but could instead elect to pay $5k now and keep the remaining $25k in an index fund with a promise to pay it back in 20 years. In 20 years that $25k has grown to $100k in value, you use it to pay off the $25k tax and get to give the rest to your kids as inheritance. And that's just one year of taxes. This is essentially how taxes work for the ultra wealthy.
>>537941658The left has a huge problem with projection posting
>>537921737You're right. We should tax goys more, and use that money on free gibs for the billionaires. The more the billionaires have, the better. Let's make a 99.99% goy income tax and send it all to the billionaires. That way, we can create the perfect world.
>>537921737Easy, you tank the entire economy so their currency goes into hyperinflation, and their assets lose all their value
>>537954270Oh, it's not just the left
>>537954218so imagine you buy 1k in stock and it goes to 1B. should you pay taxes on that unrealized gain? it could go to zero after you have paid the taxes. does the government pay you back then? the simplest solution is to just tax realized gains.
>>537954455You shouldn't, but everyone would cash out big time if they did a 1,000,000x on 1k.
>>537935200Retard. Like I said, they move their wealth with them. They also move their businesses too, which means your job goes "poof". Like I said, like it or not, you will lick billionaire taint because if you don't, they'll wreck your economy and force you into Africa-tier poverty.
>>537954357Nah the left takes it to a whole other level
>>537921737>how tf do you tax a billionaire?it's just a talking point dems drag out every election cycle for their 80 IQ voter base. they're like pavlov's dog that lot
>>537954607>You shouldn't, but everyone would cash out big time if they did a 1,000,000x on 1k.and they get taxed when they do. i read an article where it was reported that most of the eth developers cashed out around 90 when, if they held, they would be multi-millionaires today.
>>537954970Yes. Billionaires also cash stuff out. How else would they afford their lavish lifestyles with 500 million dollar yachts and stuff?
>>537921737>pay your taxes or you go to jail./thread
>>537921737>>537921905this shit basically just happened here in australia>packaged as a tax on the rich>actually just ends up assfucking the middleclass furthermeanwhile all the boomers who already own everything get grandfathered in to the old policy because it wouldnt be "fair" otherwise
>>537955182>Yes. Billionaires also cash stuff out.and they pay taxes when they do.
It's never about wealth niggers it's always policies and laws. The Nigger Middle class will never understand this and rightfully suffer. I hope they become worse than the poor one day.
>>537921737You tax their employees.You get more employees to tax Y NOT ALLOWONG THEM TO SHIP JOBS OVESEASORIMPORT FOREIGN LABORsimple as fuck.Tax the employeesPay the employees more livable wages, they pay more taxes.Billionaire unmolested.Middle class rises again.Fight me.
>>537921737fuck taxing the rich, i want exit control i want to prevent them from running away after they ruin the country.>proceed to ruin the country into hellhole>move into a gated community ignore all problems you make>gated community no longer enough run away and leave.The Nation built them up so they could just set it on fire and run away.
>>537956740You're still ignoring the loan structures that billionaires use to make purchases.In most cases a billionaire will not liquidate assets to buy a yacht. They will take out an interest only loan. Let's say $10 million at 5%. That means they only need to liquidate $500k per year to service the loan, and that it what they will pay capital gains tax on. At 30% that means they are $150k tax vs $3 million tax they would pay if they liquidated $10 mil (assuming asset starting price of effectively $0).That means it would take 20 years of servicing the loan before they pay tax equivalent to the amount of money they have actually used for the personal expense of buying the yacht. But of course their assets have continued to grow in value over that time, while the principle of the loan has not. This is why it functions as deffered tax payment, and even though they will have to pay capital gains again when they liquidate to pay off the principle, this is negligible relative to the 20 year growth they have enjoyed on that $3 million they didn't have to pay at the outset. Obviously I don't agree with a wealth tax. That shit is retarded. But there should be some kind of threshold where a personal loan triggers a taxable event. Even if you think progressive tax systems are socislist bullshit and believe in a flat tax system it still doesn't make sense that once you reach a certain level of wealth you are able to substantially reduce the % tax paid funding your lifestyle compared to the rest of the population.
>>537959154fucking hell be more concise. also, it's banks taking the risks here when it's loans to billionaires.
There's so much wealth at top, we could eliminate taxes for the poor for decades
>>537959427>banks taking the riskThe risk is insanley low which is why the interest rate these guys get is also insanley low, way lower than the 5% I used as an example.A couple tens of millions in loans is not at all risky when it is underwritten by billions in assets.And all of that is besides the point. A bank taking risk doesn't somehow compensate for the tax deferral enjoyed by the person taking out the loan to pay their personal expenses.
>>537936085>taxed on $250M unrealized gain on assets>forced to sell assets to pay tax>only get $75M for them
>>537921737Not my fucking problem. They have money, they should go get it. Sell shit if they have to. It's time that they do their fucking share. They are worthless people, evil people.
>>537921905>no you can't tax the rich because it won't workThe rest of the world will never understand why Americans are such submissive sheeple they would die for their overlords
>>537960167>imagine being so envious of rich people that you think they're evilyou better roll my chipotle burrito right next time, faggot.
>>537956819>It's not about the forest, it's about the individual trees
>>537961111They are evil. Not a single person ever became a billionaire without being evil.
>>537961322>They are evil. Not a single person ever became a billionaire without being evil.name one? you think you are living in a comic book movie? also, why go straight to billionaires? why not millionaires? or people with 100k?
>>537921737New thread:>>537961549>>537961549>>537961549
>>537961601People become millionaires by working hard. People become billionaires by being harming other people. A billion is so much larger than a million it's not even comparable. Billionaires all are pushing for AI and surveillance police states. They are digging bunkers. They provide nothing for anyone. They would be better in the dirt. They are afraid right now, as are you, and for good reason. People are coming for them.
