this post was submitted on 19 Sep 2024
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Microblog Memes

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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:

  1. Your post must be a screen capture of a microblog-type post that includes the UI of the site it came from, preferably also including the avatar and username of the original poster. Including relevant comments made to the original post is encouraged.
  2. Your post, included comments, or your title/comment should include some kind of commentary or remark on the subject of the screen capture. Your title must include at least one word relevant to your post.
  3. You are encouraged to provide a link back to the source of your screen capture in the body of your post.
  4. Current politics and news are allowed, but discouraged. There MUST be some kind of human commentary/reaction included (either by the original poster or you). Just news articles or headlines will be deleted.
  5. Doctored posts/images and AI are allowed, but discouraged. You MUST indicate this in your post (even if you didn't originally know). If an image is found to be fabricated or edited in any way and it is not properly labeled, it will be deleted.
  6. Absolutely no NSFL content.
  7. Be nice. Don't take anything personally. Take political debates to the appropriate communities. Take personal disagreements & arguments to private messages.
  8. No advertising, brand promotion, or guerrilla marketing.

RELATED COMMUNITIES:

founded 2 years ago
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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!

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[–] Crankenstein@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

Except they are using it as collateral to accumulate excessive amounts of wealth, essentially replacing their income, tax free.

Which is why the first commenter mentioned the tax should be used on unrealized gains that are used as collateral. Not just the unrealized gains themselves.

Also, yea, when they sell, they pay a tax. Just like everyone else. That is a completely separate instance of wealth accumulation that is unrelated to the wealth accumulated by using those gains as collateral.

Don't like it? Don't buy stock and earn your money through income from a job instead. It's that simple.

Though tbh I think this entire discussion on share and stock is pointless. Profit paid to shareholders is wage that should have been paid to a worker; if you don't perform labor for that company, you shouldn't have any entitlement to the profits made from that company.