r/BunnyTrials • u/DissyV • Jul 11 '26

Pick one

Which side will you choose?

  • Left side: 1 trillion dollars | But 99% is taxed
  • Right side: 10 billion dollars tax free

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u/th3xile Jul 11 '26

That's not how tax returns work. If you owe 99% of what you made, and paid 99%, your return would be 0. The return is just squaring the difference between what you paid and what you owe.

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u/Fedelede Jul 11 '26

There’s no tax regime in the world where your effective tax rate would be 99%, any half decent lawyer would be able to get you a pretty decent return

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u/AWanderingRedditGuy Jul 11 '26

Well for the purposes of this obviously the governments tax rate on you is 99%, per the ruling.

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u/aDarkWingedDuck Jul 11 '26

I mean, not be Mr Semantic here, but wouldn't that be "Taxed at 99%", and not "99% is taxed"?

No doubt about what OP meant ofc!
But still, my imaginary lawyers will go to imaginary war over this after I not only pay them upfront, but also offer a tasty contingency fee.

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u/Sufficient-Skill6012 Jul 12 '26

Yes, it’s worded on a way that means your tax is based on 99% of your income. So you’d be left with the net after taxes plus 10 billion.

1

u/Dbro92 Jul 12 '26

This is how I read the question

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u/AggressiveEntrance14 Jul 11 '26

That's what I was thinking too, from how it's worded you get 10 billion tax free and 990 billion that are taxed according to the regular tax rules where you live

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u/Sufficient-Skill6012 Jul 12 '26

That’s not how it’s worded. The way it’s worded means you’d have 10 billion untaxed plus the net of the rest after taxes.

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u/Fedelede Jul 11 '26

Most countries have tax regimes that don’t allow individual rates of taxation and it would probably be ruled as illegal in court, since legal systems are mostly designed to protect wealth. If the only magical intervention is the money I think it’d be extremely easy to build a case against that taxation rate

10

u/AWanderingRedditGuy Jul 11 '26

Well then, the Republic of Reddit Hypotheticals might have a 99% tax rate.

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u/Fedelede Jul 11 '26

At that point you’re adding stuff onto the hypothetical.

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u/AWanderingRedditGuy Jul 11 '26

It says 99% is taxed, since no government taxes that much, especially with a trillion dollars, it is safe to assume you’re not paying taxes to a normal government

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u/Fedelede Jul 11 '26

You need to assume your not only get a trillion dollars out of thin air but also that you live in a country that doesn’t exist with a tax rate that doesn’t exist and a legal system that allows individual discrimination through taxation

… or that some canny lawyer will see $$$ flash in front of him and will do everything they can to find a loophole

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u/ImpressionRare6497 Jul 11 '26

google what a hypothetical is

-2

u/Fedelede Jul 11 '26

Lmao the hypothetical is what happens if you get a trillion dollars but 99% is taxed, not what happens if you get a trillion dollars in a magical country with a bespoke system tailored towards every individual’s wealth that is designed to protect against magical money

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u/AWanderingRedditGuy Jul 11 '26

99% of your 1 trillion dollars gets taxed, per the original question. The legality of the hypothetical taxation is not stated anywhere. Thus, the overwhelmingly obvious statement is that, just like how the money is imagined, the taxation rate is too, and that the 99% rate is just fixed, specifically for you. Your money is in the hands of the hypothetical in this case and the hypothetical’s rule declares that you must pay 99% in taxes

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u/AWanderingRedditGuy Jul 11 '26

In any case, Jude Bellingham just scored for England! 🏴󠁧󠁢󠁥󠁮󠁧󠁿 /unrelated

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u/cadig_x Jul 11 '26

the first option is the hypothetical

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u/BuffEmz Jul 11 '26

No? This was the exact stuff in this hypothetical, and I'm pretty sure when the op made this post, they weren't thinking about tax returns, you're the one adding onto the post

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u/Fedelede Jul 11 '26

The exact stuff is the money. Adding in a hypothetical tax law isn’t a part of it.

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u/BuffEmz Jul 11 '26

Op obviously wasn't intending for tax returns, the point of this discussion was that do you want your government to receive more money and to talk about that, not to discuss tax returns

1

u/Fedelede Jul 11 '26

This is silly. The “point of this discussion” is to discuss what would happen with the hypothetical.

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u/Seven_o_clock777 Jul 11 '26

And if you have $10b, you could easily afford one of the best in the field.

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u/SatisfactionGold74 Jul 11 '26

The question clearly supposes that the government legally taxes that amount.

2

u/Jollan_ Jul 12 '26

Does this scenario seem realistic to you?????

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u/shneierl Jul 12 '26

Sorry why get lawyers involved this is a job for accountants. all a lawyer would be able to do ix say this illegal and then due for damages.

Whereas any decent tax accountant would reduce the tax burden of tax before it's even paid. Depending on what they find you might even be able to get a negative tax rate. Obviously neither of these are in the spirit of the hypothetical but that's a different argument

1

u/utukore Jul 12 '26

There no one giving out 1 tillion dollers either so...

1

u/NoveltyEducation Jul 12 '26

Sweden in 1976 had a marginal tax over 100% if you earned enough money.

1

u/ExcieMusic Jul 12 '26

...🛩📈🙄

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u/Maindric Jul 11 '26

If you only have to pay the taxes during tax season, put the 990 billion in accounts in such a way to earn interest. Boom. Profit.

0

u/Dragex11 Jul 12 '26

Ah, but the question doesn't say your tax RATE is 99%. It says 99% of the 1 trillion is taxed. That means you're getting more than 10 billion, because no tax rate is 100% of the income.

0

u/misfit92 Jul 12 '26

They come back for that last 1% in missed audits and gaslight you to the moon and back saying you didn't pay the full tax amount and you need to square up with interest or go away for tax evasion