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/pol/ - Politically Incorrect


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I'll wait
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>>540265578
Define rich
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>>540265633
It's area dependent.
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>>540265578
you’re jewish
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>>540265578
Tax them?
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>>540265578
we shouldn't tax the rich we should disown the rich
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>>540265751
Jews are the rich I want to tax.
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>>540265578
Nobody should be paying taxes. What are we, your slaves? I don't think so, politicians are MY slaves.
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>>540265578
You're an idiot
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>>540265909
You're a subhuman uneducated hick

>>540265891
So then use them to tax your enemies and give the money to you.
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>>540265957
>uneducated hick
Thats literally you. The rich are already taxed. Again, you are an idiot
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>>540265578
They do get taxed, are you retarded? In fact they get taxed at a higher rate than you do.
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>>540266008
The rich do not pay a 91% marginal tax rate you uneducated moron.

God education in this country is dogshit

>>540266028
Not a single wealthy person is paying a 91% tax rate you fucking retard.
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>>540265578
You have a fundamental misunderstanding of what their wealth is.
The reason why they aren't "taxed" is because they own stock options, take a bank loan on the options as collateral and pay back the loan at a lower interest rate than the tax rate.
If you tax "unrealized gains" you open the door to the government taxing you for your home loan for money you never made or agreed to.

When they liquidate stock for cash they pay the capital gains on it plus the money they owe the bank. They profit by hoping that inflation or the stock price going up exceeds the extra they pay in the low interest bank loan.
They also tend to wrap up their values in assets or investments in businesses they repeat the stock options hussle on.

So in conclusion a lot of "the rich" are actually cash poor.
Change how they are compensated and you will see a change in taxation.
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>>540266359
>The reason why they aren't "taxed" is because they own stock options, take a bank loan on the options as collateral and pay back the loan at a lower interest rate than the tax rate.

You have literally zero understanding of finance, economics, or what their wealth is. This was a meme on Tiktok popularized by the Rich Dad Poor Dad Guy, it's called "buy borrow die"

It's a total meme, none of it's true, not a single part of it. It's been debunked by anyone with any understanding of how tax codes work.



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