this post was submitted on 03 Feb 2026
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Did you pay your taxes? (sh.itjust.works)
submitted 1 day ago by thal3s@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works
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Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.

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[–] Wiz@midwest.social 2 points 17 hours ago (1 children)

How about a wealth tax on this imaginary money?

[–] village604@adultswim.fan 4 points 17 hours ago

What amount will be taxed? The assets change value every second the market is open. If you have a hard capture date, then the wealthy will tank their stocks right before.

The best way to tax it is to treat the use of the asset as collateral as a realized gain and tax it as such.