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“But we can’t even tax the rich because—“ CHANGE THE TAX CODE. … CHANGE THE TAX CODE. All laws can be changed. It happens literally all the time. Yes, you can tax the rich. THEY JUST DON’T WANT TO.
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Anonymous 2w

Outlaw Elon musk

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Anonymous 2w

I’m curious, what is the reason they give for saying we can’t tax the rich?

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Anonymous replying to -> #2 2w

Taxation rules for different kinds of assets, unrealized gains aren’t taxable (HUGE controversial thing), and general substantive loopholes and enforcement loopholes

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Anonymous replying to -> OP 2w

Are they saying “we can’t do that” as in “we shouldn’t”? Or that we literally are not able to?

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Anonymous replying to -> #2 2w

The people that don’t want to be taxed would rather spend their money lobbying to keep taxes low and to maintain tax loopholes

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Anonymous replying to -> #2 2w

They are saying as the law stands right now, it is very difficult to tax the rich because their money is sitting in unrealized gains

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Anonymous replying to -> OP 2w

Yeah, I’m actually not sure how we’d tax unrealized gains though, because they’re always changing

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Anonymous replying to -> #2 2w

There is a solution to every problem, technology is advanced enough to account for changing values on a periodic basis

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Anonymous replying to -> #2 2w

IMO, the billionaires run the west. If those mother fuckers were to just give back to us without strings I wouldn’t care how little they got taxed. I wish our corporations worked for us in the same way China’s SOEs do.

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Anonymous replying to -> OP 2w

I’m not concerned about the capabilities. I’m concerned about how it’s actually calculated. The maximum? Median? At a certain point in time?

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Anonymous replying to -> #2 2w

The way it’s calculated can have higher order effects

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