Microblog Memes

5765 readers

2345 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

[email protected]

1596

Let's play the rich get everything. The rules are the rich get everything. participation is mandatory. (lemmy.world)

submitted 1 month ago* (last edited 1 month ago) by [email protected] to c/[email protected]

301 comments fedilink hide all child comments

Did I say mandatory? I meant optional! You're "free" to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

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

[–] [email protected] 3 points 1 month ago (3 children)

Wouldn't that affect things like Home Equity loans?

[–] [email protected] 11 points 1 month ago* (last edited 1 month ago)

Homes are taxed based on assessed value. They are already a form of taxing unrealized gains.

Most of the population either has:

no unrealized gains
gains in a retirement account that we can't borrow against
gains in real estate that are taxed, but can be borrowed against
a combo of 2 and 3

I think it's fair to ask that the rich play by the same rules. You can either borrow against your gains and pay taxes on them, or not pay taxes and not be able to borrow against them.

[–] [email protected] 5 points 1 month ago (1 children)

No because the mínimum for this to apply is 100 million.

[–] [email protected] 1 points 1 month ago

The government also told the public that the income tax was going to apply only to rich people, how'd that turn out?

[–] [email protected] 2 points 1 month ago

Depends on the exact implementation, but sure, you could happily write a version where an initial home loan isn't hit, and only "top up" loans against the INCREASED value of your home is targeted.