creediator on Nostr: Yes, wealthy people get away with paying taxes. Instead of a #wealthtax which I think ...
Yes, wealthy people get away with paying taxes. Instead of a #wealthtax which I think is a bad idea, they should define assets used as #collateral to secure loans or purchases as a taxable event. When Elon buys #Twitter with Tesla stock it is nothing but selling #Tesla stock to buy Twitter stock hence a taxable event but without an actual sale. This taxable event should only apply to people with $100 #million assets or more. Shifting tax burden from wealthy to middle class is just transfer of wealth to make rich richer and poor poorer. Yes, this should apply to crypto too.
Published at
2026-02-18 00:56:04 UTCEvent JSON
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