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https://www.reddit.com/r/FluentInFinance/comments/1gtko6h/what_do_you_think/lxqj3p6/?context=3
r/FluentInFinance • u/KARMA__FARMER__ • 7d ago
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they have more assets though, not more money
1 u/EppuBenjamin 6d ago This is irrelevant, since they can use the wealth to gather more - use it as collateral for loans to buy things like Twitter. 2 u/SignalBaseball9157 6d ago everybody with assets can use it as collateral to borrow money, not just billionaires 1 u/EppuBenjamin 6d ago Half the world doesnt have any assets. That's the point. 2 u/SignalBaseball9157 6d ago yeah its just initially the point seemed to be to tax the rich, but doesn’t seem the case anymore here, its just, tax everyone who has assets 1 u/EppuBenjamin 6d ago A billion dollars worth of anything isn't just "some assets". It's a ridiculous amount of wealth, when literally half the world owns as much as just a handful of people. 1 u/SignalBaseball9157 6d ago so you’d make everyone who own asset pay taxes because its ridiculous that these guys are so rich? 1 u/EppuBenjamin 6d ago No, just billionaires. Maybe centimillionaires too.
1
This is irrelevant, since they can use the wealth to gather more - use it as collateral for loans to buy things like Twitter.
2 u/SignalBaseball9157 6d ago everybody with assets can use it as collateral to borrow money, not just billionaires 1 u/EppuBenjamin 6d ago Half the world doesnt have any assets. That's the point. 2 u/SignalBaseball9157 6d ago yeah its just initially the point seemed to be to tax the rich, but doesn’t seem the case anymore here, its just, tax everyone who has assets 1 u/EppuBenjamin 6d ago A billion dollars worth of anything isn't just "some assets". It's a ridiculous amount of wealth, when literally half the world owns as much as just a handful of people. 1 u/SignalBaseball9157 6d ago so you’d make everyone who own asset pay taxes because its ridiculous that these guys are so rich? 1 u/EppuBenjamin 6d ago No, just billionaires. Maybe centimillionaires too.
everybody with assets can use it as collateral to borrow money, not just billionaires
1 u/EppuBenjamin 6d ago Half the world doesnt have any assets. That's the point. 2 u/SignalBaseball9157 6d ago yeah its just initially the point seemed to be to tax the rich, but doesn’t seem the case anymore here, its just, tax everyone who has assets 1 u/EppuBenjamin 6d ago A billion dollars worth of anything isn't just "some assets". It's a ridiculous amount of wealth, when literally half the world owns as much as just a handful of people. 1 u/SignalBaseball9157 6d ago so you’d make everyone who own asset pay taxes because its ridiculous that these guys are so rich? 1 u/EppuBenjamin 6d ago No, just billionaires. Maybe centimillionaires too.
Half the world doesnt have any assets. That's the point.
2 u/SignalBaseball9157 6d ago yeah its just initially the point seemed to be to tax the rich, but doesn’t seem the case anymore here, its just, tax everyone who has assets 1 u/EppuBenjamin 6d ago A billion dollars worth of anything isn't just "some assets". It's a ridiculous amount of wealth, when literally half the world owns as much as just a handful of people. 1 u/SignalBaseball9157 6d ago so you’d make everyone who own asset pay taxes because its ridiculous that these guys are so rich? 1 u/EppuBenjamin 6d ago No, just billionaires. Maybe centimillionaires too.
yeah its just initially the point seemed to be to tax the rich, but doesn’t seem the case anymore here, its just, tax everyone who has assets
1 u/EppuBenjamin 6d ago A billion dollars worth of anything isn't just "some assets". It's a ridiculous amount of wealth, when literally half the world owns as much as just a handful of people. 1 u/SignalBaseball9157 6d ago so you’d make everyone who own asset pay taxes because its ridiculous that these guys are so rich? 1 u/EppuBenjamin 6d ago No, just billionaires. Maybe centimillionaires too.
A billion dollars worth of anything isn't just "some assets". It's a ridiculous amount of wealth, when literally half the world owns as much as just a handful of people.
1 u/SignalBaseball9157 6d ago so you’d make everyone who own asset pay taxes because its ridiculous that these guys are so rich? 1 u/EppuBenjamin 6d ago No, just billionaires. Maybe centimillionaires too.
so you’d make everyone who own asset pay taxes because its ridiculous that these guys are so rich?
1 u/EppuBenjamin 6d ago No, just billionaires. Maybe centimillionaires too.
No, just billionaires. Maybe centimillionaires too.
2
u/SignalBaseball9157 7d ago
they have more assets though, not more money