sanitation@lemmy.today to Work Reform@lemmy.world · 2 months agojust temporarily embarrassed billionaires, one good idea or lottery ticket from making it richlemmy.todayimagemessage-square96linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imagejust temporarily embarrassed billionaires, one good idea or lottery ticket from making it richlemmy.todaysanitation@lemmy.today to Work Reform@lemmy.world · 2 months agomessage-square96linkfedilink
minus-squareVOwOxel@discuss.tchncs.delinkfedilinkarrow-up0·2 months agoUS citizens pay US wealth tax… I don’t get what the difference might be.
minus-squareFiniteBanjo@feddit.onlinelinkfedilinkEnglisharrow-up0·2 months agoThey pay property taxes, but Bezos’ wealth is in stock and bonds so no he doesn’t currently pay taxes on those.
minus-squareVOwOxel@discuss.tchncs.delinkfedilinkarrow-up0·2 months agoCorrect, which is why we need a reformation of the wealth tax. Billionaires have gotten away with not being taxed according to their actual wealth for far too long.
US citizens pay US wealth tax… I don’t get what the difference might be.
They pay property taxes, but Bezos’ wealth is in stock and bonds so no he doesn’t currently pay taxes on those.
Correct, which is why we need a reformation of the wealth tax. Billionaires have gotten away with not being taxed according to their actual wealth for far too long.