this post was submitted on 19 Sep 2024
1597 points (96.8% liked)
Microblog Memes
5741 readers
2033 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I was talking about withholding, where I pay taxes that will never come due. On reflection maybe isn't a perfect analogy.
You haven't made a persuasive argument (or any argument really) against, you just keep insisting it's a bad idea.
One thing that stands out is you keep referring to "money that may never exist". That's not how tax works. You are taxed on the basis of your income, which is often but not always monetary. This is both intuitive and consistent with existing tax code. If you don't like it you have a much bigger problem than objecting to taxing unrealized cap gains.