this post was submitted on 19 Sep 2024
1596 points (96.8% liked)
Microblog Memes
5911 readers
2430 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
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Don't you worry. I know very familiar with what you mean.
I'm not suggesting that Americas tax rules haven't been utterly compromised by billionaires. I'm saying that, in other countries, that's tax evasion.
They would have to sell to realise the loss and declare it to claim the tax relief. The other alternative is that billionaires never pay tax on their capital gains and that would be a bat shit crazy way to run an economy.