• Zombiepirate@lemmy.world
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      10 months ago

      I’m done pretending you’re a serious person arguing seriously.

      Anyone can say “nuh-uh.”

      I also never said wealth was taxed. I said his income should be taxed (in response to your question).

      You’re misrepresenting my argument at every step like you always do. Your sealion question at the end is irrelevant; you have no idea how much I earn, and I’m not here to impress Internet strangers like you seem to be. Bet you’re real close to that billion though if you keep grinding!

      Bet it burns you up that you can’t ban me from here.

    • TheKMAP@lemmynsfw.com
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      10 months ago

      “buy borrow die” is totally income, dude. It’s just not taxed, and step-up basis makes it worse.

      The net worth is used to fund everyday expenses, it is effectively income.

        • TheKMAP@lemmynsfw.com
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          10 months ago

          I wouldn’t be surprised if those loans are repaid without realizing the gain of the collateral. Step-up basis is a huge tax dodge, and tax dodge is theft from all the people who would benefit from the things those taxes could pay for.

          The way the rich use loans as income is unfair. Therefore the rich do not pay their fair share.

            • TheKMAP@lemmynsfw.com
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              10 months ago

              If you agree the system is broken I encourage you to reconsider your prior statements about the rich not paying their fair share.

              Rich people do a variety of shady stuff and keep it hidden (Panama papers), I wouldn’t trust your lack of data points to mean it isn’t a pervasive problem.