European Federalists

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Zelensky publishes declaration of 2024 family income (kyivindependent.com)

submitted 11 months ago by lemmy_news@lemmy.wtf to c/europeanfederalists@lemmy.world

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[–] DarkSurferZA@lemmy.world -1 points 11 months ago (1 children)

You're being an ass. Income is not income. In fact, the sale of bonds and stocks is definitely not income, it's the sale of an asset.

So, if I bought a car in 2020, and sold it in 2025, is that now purely income for me in 2025?

If you want to be finicky and count the sale of assets as income, you must subtract the original purchase price of that asset, and then the profit (or losses) from the sale can be regarded as income (or losses).

So stop being an ass. Everyone knows the sale of an asset is not income.

[–] boredtortoise@lemm.ee 1 points 11 months ago* (last edited 11 months ago)

Cars are liabilities, not investments. Selling assets/investments makes capital income, yes, only from the profit. But you're digressing.

I wonder why in a leftist discussion pointing out this flaw of income inequality is suddenly a source of anger. We know this shit. We're trying to progress on income ratio limits, progressive capital taxes etc etc. If that's ass it makes ass out of both of us.