1. Laura loves to cook, she risks all her life savings and opens a small restaurant: Laura‘s Kitchen2. Laura works really hard, evenings, weekends, no vacations 3. The local community loves Laura‘s Kitchen, it’s a success, the restaurant gets larger, Laura hires 30 people from the neighborhood4. Laura makes 1,5 Million € in profit, she pays 40% in income tax: 600,000€5. The left „tax the rich“ party wins the elections, and introduces a wealth tax6. Laura‘s Kitchen gets valued by the tax authorities at 25 Million €. Laura must pay 5% wealth tax: 1,25 Million €7. The income tax of 600,000€ plus 1,25 Million € in wealth tax is more than the 1,5 Million € Laura makes8. Laura cannot afford to pay more taxes than she makes, she closes Laura’s Kitchen9. Laura loses her life savings despite years of hard work, 30 people lose their jobs, the state receives zero taxes10. The local community goes to McDonalds again11. The local left “tax the rich“ party members blame „capitalism“ for that on social media12. Everyone gets poorer due to higher unemployment and lower tax revenuesWhy is this so difficult for socialists to understand?
>>538630741>Explaining wealth tax to Europeans and socialistsPeople with money leave your country and you're left with even less than you started with
>>538630741>4. Laura makes 1,5 Million € in profit, she pays 40% in income tax: 600,000€Her making 30 mil gross is only the second or third most unrealistic part of this hypothetical.
>>538630741>Why is this so difficult for socialists to understand?resentful losers understand that perfectly wellthey still just want to punish anyone better than themselveseven at personal costthat's how loserdom and resentment workscommies get pic related, btw
>>538630741I am not a socialist, hate wealth tax, and would not read that shit end to end for no money. start a blog
OK now find a real world example and not some made up ai bullshit cartoon
>>538631001Real world example is boomer inherits 2 houses in NY from his parents. Builds a vacation house and third house alone with a cousin 20000 dollars of cement and a basket of beer. Boomer implements 300 000 dollar permits to build hoa zooning inspections ....Boomer wants to rent those houses for 5000 dollars a month and use their value as colateral. Boomer makes a fake ai example of person that works instead of rent seeking done by him and rich jews.Boomer is happy.
>>538631462>kike deflects jewish crimes onto "boomers"
>>538631647Jewish crimes are way worse. Boomers get crumbs of of jews. But to be fair boomers just beeg for jewish infestation. Boomers are a weat pieceof bread and jews are mold.
>>538630867Yeah... the government creates money. It doesn't matter if the rich take their money somewhere else. The government can never run out of it.The problem is if the rich in question have irreplaceable hard skills.Cardiologists? Chemical or electrical engineers? Excavating, etc. You get the picture.If some landlord or restaurant owner leaves, they can't take their building with them. Do you understand this? It doesn't matter what is in Jeff Bezos' bank account -- what matters is the network of delivery vehicles, routes, drivers, warehouses, warehouse robots, back end commercial software, etc. And he can't take that with him.Do you really not understand this?
>>538630741Taxes are pointless because we live operate in a fractional reserve banking system which by itself is worthless