General Discussion

12082 readers

15 users here now

Welcome to Lemmy.World General!

This is a community for general discussion where you can get your bearings in the fediverse. Discuss topics & ask questions that don't seem to fit in any other community, or don't have an active community yet.

🪆 About Lemmy World

🧭 Finding Communities

Feel free to ask here or over in: [email protected]!

Also keep an eye on:

For more involved tools to find communities to join: check out Lemmyverse!

💬 Additional Discussion Focused Communities:

[email protected] - Note this is for more serious discussions.
[email protected] - The opposite of the above, for more laidback chat!
[email protected] - Into video games? Here's a place to discuss them!
[email protected] - Watched a movie and wanna talk to others about it? Here's a place to do so!
[email protected] - Want to talk politics apart from political news? Here's a community for that!

Rules

Remember, Lemmy World rules also apply here.

0. See: Rules for Users.

No bigotry: including racism, sexism, homophobia, transphobia, or xenophobia.
Be respectful. Everyone should feel welcome here.
Be thoughtful and helpful: even with ‘silly’ questions. The world won’t be made better by dismissive comments to others on Lemmy.
Link posts should include some context/opinion in the body text when the title is unaltered, or be titled to encourage discussion.
Posts concerning other instances' activity/decisions are better suited to [email protected] or [email protected] communities.
No Ads/Spamming.
No NSFW content.

founded 1 year ago

MODERATORS

[email protected]

641

Does this plan make sense? v3 (lemmy.world)

submitted 8 months ago by [email protected] to c/[email protected]

422 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 8 months ago (1 children)

Then they buy stocks and assets and borrow money and carry debt based off of their overvalued assets. They already do that now to pay 0 taxes.

In order to combat this you would either have to tax debt/loans, tax unrealized gains, and/or tax assets like houses and vehicles more highly than income tax.

All of which have staggering implications for normal people also. It really is a tricky thing to get right.

Maybe ban using stocks as loan collateral and make capital gains taxes have a progressive bracket from 0% for <100k per year up to 90% for more than 1 billion or something. Rich people will always find ways to dodge having to pay what they owe for the labor they exploited.

[–] [email protected] 1 points 8 months ago

Well, I would want to see capital gains and dividends be included in the gross revenue calculation. If they bring in money, it is income regardless of where it comes from.