Re:Gates says billionaires should pay 'significantly' more t...
by mamon on Tuesday February 20, 2018 @04:01AM
(#16418850)
So, sooner or later we end up with all companies being owned by the government. That has been proven to end up badly (by Soviet Union and rest of the communist countries).
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Re:Gates says billionaires should pay 'significantly' more t...
by OscarCunningham on Tuesday February 20, 2018 @04:59AM
(#16419099)
The government can sell the shares to the public. Or the taxed individuals can can sell shares to the public and pay the government with the money. My point is that the company's illiquid assets needn't be used to pay the tax; they can be used to back liquid assets that pay the tax.