How rich people get rich - eviltoast
  • shortwavesurfer@monero.town
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    8 months ago

    It works even in the United States. If you sell a stock within a year of owning it, you get charged like 30% extortion. If you sell it after a year, you get charged your normal extortion rate. And if you borrow from it, you get charged zero extortion.

    • Clent@lemmy.world
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      8 months ago

      Calling it taxes extortion makes you a temporarily embarrassed billionaire.

      • shortwavesurfer@monero.town
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        8 months ago

        Thats what taxes are though. Its men with guns telling you to give them some of what you worked for or else… Sounds like extortion to me.

        • Clent@lemmy.world
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          8 months ago

          Yes, that’s the Iam14andThisIsDeep perspective of taxes. It’s what libertarians, aka diet-republicans say.

          Blaming taxes being too high as the reason for why the wealthy are wealthy is them performing mind control on you.

          And if that’s what not what you’re saying, check the thread you’re in.

    • undergroundoverground@lemmy.world
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      8 months ago

      Yeah, that’s what I’m saying. Other countries haven’t had their tax authorities completely captured by billionaires.

      Its funny, wage thieves are happy to charge a levy on other peoples labour, for using their things to make money, but as soon as a country comes along and says “yeah, so, about that whole charging people for using our things to making money thing…” they act like you just asked to fuck thier mum.

      And they’ll look you dead in eye and claim its a moral issue too, without a hint of shame.