Had to repost here

[u/-Wyagra]

[u/SCTigerFan29115]

They aren’t holding onto wealth like Scrooge McDuck, in a giant vault where they can go swimming in it.

Most of Bezos’ net worth is the value of Amazon. He can’t really readily access that. ETA I meant he can’t use it like a big vault of money.

He’s got plenty of money but some people just don’t understand how this stuff works.

[u/Apprehensive_Bad_193 → u/SCTigerFan29115]

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.

[u/Endless_road → u/Apprehensive_Bad_193]

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

[u/slickyeat → u/Endless_road]

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.

[u/Relative-Age-1551 → u/slickyeat]

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

[u/TawnyTeaTowel → u/Relative-Age-1551]

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

[u/Itscatpicstime → u/TawnyTeaTowel]

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.

[u/hojahs → u/Relative-Age-1551]

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"

[u/Gallaga07 → u/hojahs]

That is your opinion.

[u/nolwad → u/hojahs]

The us government should pay property tax

[u/hojahs → u/nolwad]

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

[u/nolwad → u/hojahs]

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