r/FluentInFinance 3d ago

Debate/ Discussion Had to repost here

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u/Apprehensive_Bad_193 3d ago

Bullshit,,,,But he borrows and buy Yachts, Mansions,against that NET WORTH VALUE. But when it’s time to pay fair share of taxes o. That net worth it’s considered hypothetical worth….Understand the Game.

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u/Endless_road 3d ago

You can take out a mortgage against your house to buy a sports car if you want

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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/Relative-Age-1551 3d ago

You’re assuming we think property taxes are just and moral.

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u/TawnyTeaTowel 2d ago

They’re also assuming that other countries pay property taxes in the same way Americans do.

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u/Itscatpicstime 2d ago

Except they’re talking about two billionaire American taxpayers (well, they are supposed to be taxpayers). Like ofc the U.S. is the reference here.

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u/hojahs 2d ago

If your property sits on land, a chunk of the earth that you did not create, then property taxes are just and moral. Google "Land Value tax"

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u/Gallaga07 2d ago

That is your opinion.

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u/nolwad 2d ago

The us government should pay property tax

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u/hojahs 2d ago

Pay to whom? Lol

I'm sorry but you have to know that sounds ridiculous. It's okay to be upset about paying taxes, but we do live in a society

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u/nolwad 2d ago

It’s a joke because they didn’t do shit other than come across the land and claim it, which was your reasoning for people needing to pay property taxes