So you're telling me that billionaires can sell their stocks and properties to buy yachts and private jets and have the most lavish lifestyle imaginable... But they can't sell their stocks and properties to pay taxes?
>>537961549>sell their stockBillionaires never sellThey take out loans on their "assets" and then take new loans to pay the interest on the old loans they do this repeatedly until they dieThey never sell because to sell would trigger capital gains
>>537961549When my father was young, he tells me all the time about how wealth disparity between politicians and celebrities and athletes was not really that much above your average middle class American. At least not that big of a disparity compared to wealth disparity now. This massive wealth has been accumulated and taken from the middle class by these people in only a generation. Tech people for example gain money off of nothing but selling your privacy. They are jews, parasites, they don't create anything. They just steal.
I am 2 people away from jeff bezos and nobody will believe me in this thread
>>537961549These retards have to park their yacht in private places and all it takes is one israeli or goy to plant spyware everywhere on that yachtwhat the point of private yachts if you can't protect it from jews?
>>537962878so wut, im 2 people away from the king of spain..
>>537962878Who gives a fuckI am two people away from Donald Trump
>>537962878Hit me on CashApp and I'll believe you. I only need like 50 bucks. Just started a new job.
Loans should be illegal. It would fix everything.
>>537962878As in you are sitting 2 people from him somewhere or your social network is 2 degrees of separation from him? Because they say every person on earth is connected by a few degrees of separation.
>>537963088>social network is 2 degrees of separation from himdis
>>537963007You think Trump is more important than Bezos? It's guys like Bezos that rule, not whatever chump is in the oval office.
>>537963171bezos is irrelevanthe is not even a trillionaireI bet you think Elon Musk was the worlds first Trillionaire
>>537963228You bet wrong.
>>537963137. . . Wait, Martin?
>>537962878You’re cousins with his Mexican wife.
>>537963252And yet you are suggesting that a small fish like Bezos has any power whatsoever. The sitting president has more power than a small time fish like Bezos. Hell, the mayor of New York City has more power than small time fish like Jeff Bezos.
>>537963264I know an E. G.>>537963271look at my flag
>>537961549They are one of the few things the IRS fears because if it tries to throw its weight around them they can dismantle its livelihood. It'd almost be based if every billionaire with a public presence wasn't even worse than a tax collector.
>>537963331>E.G.Could mean Emma Grede. Or Evan Goldberg.You could be Seth Rogen.In which case, do I have a story for you which directly concerns you.It's always fun when people drop in like this.
>>537963331>look at my flagYes apologies. I forgot Americas famous lack of Mexicans.
>>537963171>It's guys like Bezos that ruleGuys that rule don't appear in public and you don't know their names
>>537961549they have no liquidity ffs leave them alone
>>537961549What's the rich's obsession with yachts? I'd get bored quite quickly sitting around a boat all day. It is just lolis?
>>537961549They don't sell their stocks. They use them as collateral for a loan. They never actually cash in their assets, that's how they avoid paying taxes on the millions of dollars they receive every year.
>>537963593Maybe it's the only place they can know peace and quiet.
>>537963593It's easy to understand really, I don't want to be anywhere near poor people, and the middle of the ocean is as far away as I can get without going to space.
>>537963593at sea nobody can hear you scream
>>537963772How do they pay the loan?
>>537964150They just pay off the interest until they die and all their assets are sold off and then their debts are paid.
>>537963593It's a superyacht, not a small fishing boat. It's essentially a mobile mansion.
>>537963593The wealthy send to impress other wealthy people. The yacht is a status symbol
>>537963331You know Eva Green??? I've seen all her movies, huge fan
>>537961549He's generating employment for yatch builders and the crew.
>>537962878Get him a message from me, will you? we need to make more horror films. Let me run his film department for Amazon.
>>537962828In the Roman Empire the top 1% owned less than 20% of the wealth. Crazy how that seems like a small number these days.
>>537961549Right wingers don't get why existence of billionaires is bad.It's not really about them. Them being rich isn't the worst part. It's not about envy.The worst part is regular people letting them to be that rich and defending them - it's about your willingness to be a slave.
>>537962878I was one of a team of 3 running a web enterprise which was bought by Amazon back in 2006. As part of the acquisition one of us was flown out to Seattle and had lunch with Jeff.I do believe that makes me closer to him than you are.
>>537961549How many hours will it take him to earn enough money to buy GTA VI?
>>537964574yup it's insane.
>>537962878you work at an amazon fulfiment center?
>>537961549the few billionaires paying a 90% tax would be a drop of water in the ocean of debt of western countries
>>537966512Their debt, not ours
>>537961549So Jeff Bezos goes into the office, punches a clock, then at the end of the week he gets paid 8M an hour for every hour he was there? Does he get time and a half if he works overtime?
>>537964588>letting them to be that richso it is about envy after all
>>537962623And they donate to themselves via 501c3's whenever they need anything in a pinch, so generous!
>>537966780>The most recent RAND Corporation working paper by Carter Price, updated in 2025, calculates that since 1975 a cumulative $79 trillion has been “redistributed upward“ from the bottom 90 percent of Americans to the top 1 percent. In 2023 alone, the transfer to the morbidly rich was $3.9 trillion, enough to give every working American a $32,000/year raise.How much do you make per year anon? Would a $32k raise help?
>>537966922You can file your own 501c3 paperwork for $600 and do that yourself if you feel that's some kind if infinite free money glitch. What do you do for work and how much taxes did you pay last year?
>>537966988I am a professional mom fucker. Sure I fuck alot of moms like yours, but it isnt my passion! I always wanted to be a paid 4chan troll like you. Being paid by the 1% to shill unbelievable trash to the bottom 99%?! Sounds like the bees knees!
>bulldoze the vatican and inner city of london>lol
>>537966976hmm dunno, I would just spend it on gadgets, travel and escorts. Question is, why do commies believe the money acquired through the freely made buying decisions of customers and stock investors is illegitimate and must be forcefully redistributed, just because it would be "nice" if everyone had more?
>>537961549His yacht is 127 meters. Not 500. Pretty big difference.
>>537961549All Billionaires need to be taxed into poverty. If they are so smart they will be able to pull themselves up by their boot straps and "build wealth" again.
You are not entitled to white peoples' money Jamal.
>>537962623If the assets can be used as a collateral for a loan, then those assets should be taxable. But of course rules are for goys
>>537961549Imagine earning $25M in 3 hours and still sailing on poorfag $500 yacht... LOL IMAO even
>>537967135So you're unemployed, unemployable and have never paid any taxes. Why not just be grateful that we live in a society that still maintains enough incentive for the producers to produce and the investors to invest that we can generate enough surplus to sustain locusts like you? >>537967844>Imagine earning $25M in 3 hoursDoes he get paid time and a half if he works over 40 hours a week?
>>537961549>simps run the boatWhen will one snap and murder him in his sleep?
>>537967400If you think about the economy like a fishbowl, billionaires just drank all the water in the name of christianity.
>>537966976Does it count if it's imaginary stock market "money"?
>>537967954Wow I went to harvard, stanford and johns hopkins to be unemployed?! All this time I thought fucking your mom required a college diploma! Silly me.
>>537967467It's 500 million, not 500 meters.
>>537968241>I went to harvard, stanford and johns hopkins Of course you did. And you're a pretty princess too!
>>537967467Damn I was just imagining myself having a yatch with a race track around it. I guess I'll have to become richer than Bezos.
>>537968379>youre a pretty princess tooThings you wish your mom said to you?
americans and american-brained retards unironically think that billionaires magically generate money and then the evil envious poors demand it from themAyn Rand has won
>>537962878>I'm two degrees from a psycho lizard who cares?
>>537967611Exactly. And of course you don't have to sell. I don't have to sell my house to pay property taxes on the unrealized gains. But I do have to pay them 4 times per year regardless. It's the price of owning property in America. At least for the middle class goy poloi.
>>537963593age of consent laws do not apply in international waters
>>537968588>americans and american-brained retards unironically think that billionaires magically generate moneybut they unironically do, they have access to the best loan terms and collateralizable assets to procure said loans
>>537961549More billionaires in China than US and the number is getting larger. No one is asking for their money.
>>537963593It's just the modern day flaunting of wealth.>ner ner my castle is bigger than your pathetic little peasant house you call a """castle"""
>>537961549>they can't sellof course they canbut why would they?
>>537968168Then gave the rest to Israel?
>>537969101>in ChinaErm maybe because they don't live here?
>>537963890>Iwhere's your yacht? let's see some pictures of your yacht.
>>537963035Just don’t borrow money if you don’t like how loans work. Otherwise, fuck off. Responsible people have no issues paying back money they borrowed. They also understand that there is a risk to the lender and that they are providing a service to the person borrowing the money so they understand how and why interest is applied to the principal. Good luck saving enough to pay purchase that first home outright!
>>537963772Stocks pay dividends as well. Passive income allows one to live off just the dividends.
>>537969933you're not borrowing money, you're borrowing credit. it appears out of thin air and then you have to pay real money for it with interest.
>>537964392They also become tax write offs.Yes, owning a yacht can be a tax write-off, but only if you use it primarily as a legitimate, income-generating business.Basically log in the hours you do “business” on the yacht, claim minimum of 100 hours annually. Write off the expenses of entertaining “clients”.
>>5379645744 In 1970, the average large-company CEO made about 20 to 23 times more than a typical full-time worker, which equates to roughly \(\$800,000\) annually compared to the \(\$35,000\) to \(\$45,000\) earned by the average employee. Today, the average large-firm CEO-to-worker pay ratio has widened dramatically to roughly 200:1 to 285:1, depending on the tracking metrics used.This is fucking wrong.
>>537969933>Just don’t borrow money if you don’t like how loans work.
>>537961549Medicare and Social Security cost $5 million per minute$5 millionEvery 60 seconds$5 millionEvery 60 seconds$5 millionEvery 60 seconds$5 millionEvery 60 seconds$5 millionEvery 60 secondsF I V EM I L L I O ND O L L A R SE V E R YS I X T YS E C O N D S
>>537970351But it’s still money owed regardless. If I don’t pay the credit I borrow, someone else will have to. If I choose that route, it’s unlikely that I’ll be able to borrow money when I really do need it for a while.
>>537962623The funny part about this is that many billionaires have debts far exceeding the actual liquidation value of the assets they secured those debts with. You see, the normal accounting method for valuing a stock portfolio, where you just multiply the number of shares owned by the current trading price, is built on the assumption that a transaction will not materially affect the share price. Which is fine for normies trading in the thousand or millions, but when you get into the billions, selling that much stock causes the share price to collapse as you're basically flooding the market with way more stock than there is demand at the current price. We saw this problem in action when Elon had to sell what was supposedly just a few percent of his Tesla stock to buy Twitter, but caused the share price to fall like 50%, from which it's only just now recovering several years later.What this means is that when the current crop of billionaires eventually die, and all their debts finally have to be settled in full against the assets securing them, the entire economy will collapse as the amount of stock their estates will need to sell to settle those debts will exceed the total liquidity of the market. Basically, the moment either Elon or Bezos die, it will trigger an event like the 2007 financial crisis.
>>537970706If it were possible somehow to convert Bezos' net worth completely to liquid assets ($243 billion cash), it could cover the cost of Medicare and Social Security for approximately 33 days until he went bankrupt
>>537970706People work and contribute to social security every day. Most, for over 40 years of their lives before they collect.
>>537971071spending outpaced inflows decades ago. people paying into the system now will be subject to benefit reductions in the near future because the debt load is unsustainable
>>537961549You know law makers could just make a law or two to close the loophole that billionaires use to borrow against their assets and avoid taxes, but they never doIt would be really fucking easy to curtail the behaviorVery easyNever happensDemocracy is a farce to make you think you have a voice in a system that just wants to rob you of productivity and throw you away the moment you are drained
>>537961549Of the $25M per year spent on boat maintenance, 50%+ of that IS taxes. You don't seem to understand that forcing people to sell off their companies to pay taxes ends with the government owning all the companies. This is also known as the Soviet Union.
>>537971669Sweet summer child. It is owned by a shell company in the Cayman Islands. He pays exactly zero taxes on it.
>>537970386Those massive beach and mountain compounds are for business or owned by an LLC not an individual.
These people would probably rather die than endure the punishing lack of freedom that comes of only being a millionare 200-300 times over. They certainly would rather kill.
>>537971669Why are there so many billionaires in China?
