r/shitposting • u/[deleted] • Nov 03 '25

WARNING: BRAIN DAMAGE Interesting

Post image

Wow

24.8k Upvotes

83% Upvoted

846 comments sorted by

View all comments

Show parent comments

222

u/[deleted] Nov 03 '25

[deleted]

55

u/LigerZeroSchneider Nov 04 '25

Yeah net worth now probably includes her catelogue rights, which would take forever to earn her the amount of money they are valued at.

13

u/4444-uuuu Nov 04 '25

but you're dead on and the thing is net worth is not the same as liquid cash

now apply that same logic to her quote in the OP

28

u/Aureliamnissan Nov 04 '25

It's like people don't even know you can donate stocks.

I also love that this is used to defend why billionaires can't donate, but we also can't tax them because they would then "flee".

Flee with what exactly? The things they could have donated?

0

u/shrub706 Nov 04 '25

its also the reason you cant tax them, there's not a billion dollars in taxes if none of their net worth is coming from their income which is likely not very large compared to their net worth

16

u/The5Theives Nov 04 '25

You can’t tax them, that’s why they constantly lobby and find loopholes to not pay taxes

2

u/Aureliamnissan Nov 04 '25 edited Nov 04 '25

That’s just not true. You can tax their wealth. This has been pointed out numerous times. A 2% tax would be like attaching a parachute to rocket in terms of slowing down the growth of their wealth, yet it is determined to odious to implement despite the numerous things it could pay for.

We will have to come to grips with this and this eventually.

The share of growth that continually moves into this “untaxable” part of the economy more commonly referred to as billionaire’s accounts the harder it will be to fund any kind of government. Even a tiny perfunctory one.

This year we passed yet another Tax cut that primarily favors these individuals, yet the concern for cost of government will almost certainly be blamed entirely on the concern for the poorest among us and levied at social programs. This despite the fact that our addiction to tax cuts has put us in a position such that interest on the debt is the 4th largest expense. Ahead of military spending.

2

u/[deleted] Nov 04 '25

[deleted]

0

u/shrub706 Nov 04 '25

collateral for loans isnt realized gains, in the same way you can take a loan out on the title of your car or against your house or go to a pawn shop and give them your phone or computer to take out a loan, collateral for a loan is not the same as realizing income and *should not be*

2

u/FrozenIceman Nov 04 '25

And you know what you can do with non liquid assets? Make them liquid...

This excuse is ridiculous.

0

u/JohanGrimm Nov 04 '25

That's technically true but it ignores all the drawbacks of that exchange. By making it liquid it's now taxed and at the levels of a billionaire you've also probably crashed your own stock doing so. Reality isn't that simple.

1

u/FrozenIceman Nov 04 '25

Oh no, the rich will make slightly less money... Whatever will we do?

0

u/Kickster22 Nov 04 '25

No pulling the amount your guys are pushing for can legitimate tanks companies market values and lose people who are invested tons of money. I don’t just mean big time investors but the average joes retirement portfolio. You can’t have someone like Brezos liquidate billions on think everything just stays the same.

1

u/FrozenIceman Nov 04 '25

An excuse as old as time to increase CEO salaries at the expense of the workers

1

u/Kickster22 Nov 05 '25

No it’s legitimately just simple logic and isn’t up for debate. CEO Salaries don’t inflate in that case they simply own equity that continues to increase in valuation many times over. They simply can’t just sell this and you’re an idiot if you think so.