▲ 720 ▼ Oh how will they survive (lemmy.world) submitted 2 years ago by homesweethomeMrL@lemmy.world to c/politicalmemes@lemmy.world 94 comments fedilink hide all child comments
[–] SupraMario@lemmy.world 1 point 2 years ago (1 child) Yep, that's the issue, most people ITT want the second part of that. They don't understand how destructive it would be to do a tax like that. permalink fedilink source parent hideshow 2 child comments replies: [–] jj4211@lemmy.world 2 points 2 years ago (1 child) Of course, in the wrong thread you get branded as some billionaire defender, when you are trying to explain that it's fine to go after them and they do enjoy having way too much actual money, but any strategy to make it fair has to be smart and workable rather than going after an extrapolated number of dollars that don't "actually" exist. It's true that it's all imaginary is an oversimplification when they clearly lead lives of intense wealth, but have to recognize the degree to which that claim is true. So take that into consideration and advocate things like covering unrealized gains as collateral in a better tax system, or a property tax level rate on unrealized gains (though even then, have to tread carefully. Most property has an intrinsic use and the tax burden has been priced into the market for eternity, for a more purely financial vehicle previously not subject to a tax, might have unintended consequences). permalink fedilink source parent hideshow 2 child comments replies: [–] SupraMario@lemmy.world 1 point 2 years ago (1 child) Yup, this meme keeps getting reposted over and over like its something super intelligent...when in reality it's someone who has no clue how our economy works at all. permalink fedilink source parent hideshow 2 child comments replies: [–] jj4211@lemmy.world 1 point 2 years ago (1 child) Well, as presented it's not totally out of reason, it sticks to a fairly modest percentage. The real problem comes in when the pitchforks say '2%?!?!, it should be like 90%!!!!' permalink fedilink source parent hideshow 2 child comments replies: [–] SupraMario@lemmy.world 1 point 2 years ago Yep that's the issue. People don't realize that they have to sell stocks which in turn is going to have a completely destructive action on people's retirements, when the stock market goes tits up from stocks being sold in mass quantities to cover a 90% permalink fedilink source parent
[–] jj4211@lemmy.world 2 points 2 years ago (1 child) Of course, in the wrong thread you get branded as some billionaire defender, when you are trying to explain that it's fine to go after them and they do enjoy having way too much actual money, but any strategy to make it fair has to be smart and workable rather than going after an extrapolated number of dollars that don't "actually" exist. It's true that it's all imaginary is an oversimplification when they clearly lead lives of intense wealth, but have to recognize the degree to which that claim is true. So take that into consideration and advocate things like covering unrealized gains as collateral in a better tax system, or a property tax level rate on unrealized gains (though even then, have to tread carefully. Most property has an intrinsic use and the tax burden has been priced into the market for eternity, for a more purely financial vehicle previously not subject to a tax, might have unintended consequences). permalink fedilink source parent hideshow 2 child comments replies: [–] SupraMario@lemmy.world 1 point 2 years ago (1 child) Yup, this meme keeps getting reposted over and over like its something super intelligent...when in reality it's someone who has no clue how our economy works at all. permalink fedilink source parent hideshow 2 child comments replies: [–] jj4211@lemmy.world 1 point 2 years ago (1 child) Well, as presented it's not totally out of reason, it sticks to a fairly modest percentage. The real problem comes in when the pitchforks say '2%?!?!, it should be like 90%!!!!' permalink fedilink source parent hideshow 2 child comments replies: [–] SupraMario@lemmy.world 1 point 2 years ago Yep that's the issue. People don't realize that they have to sell stocks which in turn is going to have a completely destructive action on people's retirements, when the stock market goes tits up from stocks being sold in mass quantities to cover a 90% permalink fedilink source parent
[–] SupraMario@lemmy.world 1 point 2 years ago (1 child) Yup, this meme keeps getting reposted over and over like its something super intelligent...when in reality it's someone who has no clue how our economy works at all. permalink fedilink source parent hideshow 2 child comments replies: [–] jj4211@lemmy.world 1 point 2 years ago (1 child) Well, as presented it's not totally out of reason, it sticks to a fairly modest percentage. The real problem comes in when the pitchforks say '2%?!?!, it should be like 90%!!!!' permalink fedilink source parent hideshow 2 child comments replies: [–] SupraMario@lemmy.world 1 point 2 years ago Yep that's the issue. People don't realize that they have to sell stocks which in turn is going to have a completely destructive action on people's retirements, when the stock market goes tits up from stocks being sold in mass quantities to cover a 90% permalink fedilink source parent
[–] jj4211@lemmy.world 1 point 2 years ago (1 child) Well, as presented it's not totally out of reason, it sticks to a fairly modest percentage. The real problem comes in when the pitchforks say '2%?!?!, it should be like 90%!!!!' permalink fedilink source parent hideshow 2 child comments replies: [–] SupraMario@lemmy.world 1 point 2 years ago Yep that's the issue. People don't realize that they have to sell stocks which in turn is going to have a completely destructive action on people's retirements, when the stock market goes tits up from stocks being sold in mass quantities to cover a 90% permalink fedilink source parent
[–] SupraMario@lemmy.world 1 point 2 years ago Yep that's the issue. People don't realize that they have to sell stocks which in turn is going to have a completely destructive action on people's retirements, when the stock market goes tits up from stocks being sold in mass quantities to cover a 90% permalink fedilink source parent