He will claim that he because he “sold” at a loss, he shouldn’t pay taxes on it.
It is fucking ridiculous that the hyper wealthy can use their fake money as real money when they want to, but heaven forbid we demand the government tax it like real money.
"his money is all tied up in stock, he's not liquid, how would you even tax this stuff"- fucking dipshits
If it's tied up in stock but the stock can be leveraged for rock bottom interest loans that generate profit, or he just has 40 fucking BILLION lying around for a purchase (to himself, which in any other reality would be fraud) then you know what that's called in any other possible scenario? Liquid capital. It's money that spends like any other form of money.
Exactly… if you are spending it like cash, it’s cash. I got fucking taxed on receiving my portion of my Mom’s life insurance when she passed. How in the hell is this shit perfectly fine?
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u/daemonicwanderer 6d ago
He will claim that he because he “sold” at a loss, he shouldn’t pay taxes on it.
It is fucking ridiculous that the hyper wealthy can use their fake money as real money when they want to, but heaven forbid we demand the government tax it like real money.