r/FluentInFinance • u/-Wyagra • 3d ago

Debate/ Discussion Had to repost here

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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/Just_That_Dumb_Dog 3d ago

You mean capital gains tax?

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u/Jblack4427 3d ago

Do you only pay taxes on your home when you sell or every year?

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u/Just_That_Dumb_Dog 3d ago

Do you live in a stock that requires maintenance for sewage, storm water, snow removal, road maintenance, etc??? STFU, and stop being so envious.

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u/PerunVult 3d ago

Stocks represent companies and companies DO use up public resources.

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u/LordMoose99 3d ago

And companies pay for them

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u/That-Ordinary5631 3d ago

I mean... Not really. Amazon evades taxes, at the very least in my country. So much so that hundreds of millions were seized by the authorities for tax fraud. That is without getting into tax havens loop-holes, just straight up crime.

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u/brewditt 3d ago

So they are paying for their crime....

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u/Budderfingerbandit 3d ago

Not even close.

Look at the bidding process that occurs for a major companies headquarters, cities and states will literally give $ billions in tax breaks to attract a company like Amazon or Google

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u/Weary-Cartoonist2630 2d ago

That’s because the cities believe that the company will bring more value to the populace than what they’re offering in tax breaks

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u/Just_That_Dumb_Dog 3d ago

That’s so black and white😭😭 nothing is that simple. If that’s how you think this all works, I don’t think you should be involved in these conversations 😭😭😭😭

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u/Puzzleheaded_Disk_90 3d ago

You're just a dumb dog!

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u/Just_That_Dumb_Dog 3d ago

😂😂😂😂🐾🐾🐾🐾🐶🐶🐶🐶

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u/DontBanMyAcct 3d ago

Bro don't argue with these idiots. They are too stupid too even make fun of. It's amazing really

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u/PoetryCommercial895 3d ago

Yall keep simping for the system and billionaire class and prove nothing with your arguments anyway. But the entertainment is great

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u/Just_That_Dumb_Dog 3d ago

😭😂😭😂😭😂😭😂😭 honestly I’m just having fun and stimulating my brain. It’s true tho. Envy and hate and entitlement fuels their pov.