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A comment on MIT invents $4 solar desalination device. Parent comment

Re:MIT invents $4 solar desalination device by thrown_22 on Wednesday August 03, 2022 @04:23PM (#32336285)
Do you lose money up to every other second?

Wealth is not income until you realize the gains.

If your car goes up in value you can't sell 1/100th of it to cover the your tax obligations.

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Re:MIT invents $4 solar desalination device by legolas2412 on Thursday August 04, 2022 @01:23AM (#32339633)
Weird, that never stopped property tax. Why can't one have a wealth tax too.

Maybe we can tax only productive assets. And you don't need to sell a small proportion, just let the government own that tiny bit

[ Parent | on HN ]