Re:10 years of whatever this has been
by patentatt on Thursday November 18, 2021 @04:10AM
(#29263572)
So I should rest assured that the rich people are all wrong, and fully plan on eventually paying more taxes? And I’m just supposed to believe that? They are purposely doing all of this to intentionally pay more taxes? And they’re just too dumb to realize it? You don’t think they haven’t thought this through? First, there’s the death loophole in capital gains taxes. Two, assets are reliably outpacing interest rates and inflation, so even if it’s simply deferred taxation, that’s a de facto reduction (and yes that’s a problem, ask Piketty). Three, I’d imagine the billionaire class recognizes the trend of their increased power and influence, and could even just be betting on re-writing the rules before their bill comes due, fueled by the outsized influence bought by their lifetime of not paying taxes. So excuse me if I’m not OK with an upper echelon of society simply excusing themselves from taxation via mechanisms that are not available to regular wage earners.
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You should rest assured that it's not a good idea to invent grievances to justify personal hate.
It is just not true that because there is a carried interest loophole, for example, that you can just make up arbitrary other tax loopholes that don't exist and blame "the rich" for abusing them, and then when confronted with being wrong on the facts, cite the carried interest loophole as a justification. "Piketty" isn't some magic word you can use to waive away reality.