Re:France plans to close tax loophole benefiting Airbnb
by robertlagrant on Sunday June 11, 2023 @01:04PM
(#36283182)
> Hardly, making money from investments isn’t difficult
You might be the world's best trader if you're saying that, but you still can't just reach into companies' bank accounts and take their money. You take on the large risk of losing money when you invest.
Re:France plans to close tax loophole benefiting Airbnb
by Retric on Sunday June 11, 2023 @01:59PM
(#36283811)
Don’t worry, if I lose money I get a tax break! Because you rubes must want to work extra hard to ensure I don’t have to, even if it’s easy enough to make money literal random number generators work.
Also, individual investors don’t generally need to raid companies they can simply sell to other investors. But collectively or with a large enough percentage of the stock we can dissolve the company and sell off its assets. This tends to happen if the stock price falls so far as to make plundering the company look appealing. See: Corporate raiding etc
Re:France plans to close tax loophole benefiting Airbnb
by robertlagrant on Monday June 12, 2023 @05:50AM
(#36290828)
Of course you get a tax "break" - the rules aren't so obscene that the rule-writers make money on your losses. If you think losing so much money you pay no tax is a good outcome for you, that's fine. Would we all have such a positive attitude to our losses.
Other than that, I'm struggling to make out what you're saying. It once again doesn't seem related to what I'm saying.
Borrowing isn’t free money, it’s in fact more expensive than taxing people directly.
> That still is irrelevant to this point, which is that writing down rules is the easy bit, and creating value year on year is the hard bit.
Hardly, making money from investments isn’t difficult and has some of the largest tax breaks built in. As someone that’s inherited money I can say theirs nothing inherently virtuous or difficult about it and wow it’s tax free!
But hey I am glad you’re working extra hard so I can lazy around as much as I feel like it.