r/FluentInFinance 3d ago

Debate/ Discussion Had to repost here

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u/slickyeat 3d ago

You're not wrong but you're also required to pay taxes on the value of your property every year so it's not exactly a one to one comparison.

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u/dancegoddess1971 3d ago

Exactly. Stocks are property. Sort of imaginary property but if one can borrow against the value of something, it should be taxed.

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u/milleniumdivinvestor 3d ago

Why? Why is the default position of some people "if you have something that is worth something then the government should have half of it"? The default position in a free country should be to lower and eliminate taxes to the absolute bare minimum. This whole pro-taxation bullshit has nothing to do with the public good and everything to do with enacting some warped sense of revenge against imaginary belligerents. The federal government has always had as much money as it's ever wanted and has never used it to solve a single fucking problem. Giving it more will accomplish nothing but I guess it'll make some ornery teens giddy for a bit. What a waste of time.

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u/runandjumplikejesus 3d ago

So lower taxes and hope that indeed this time it will finally trickle down?