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Re:Molotov Cocktail Is Hurled at Home of OpenAI CEO Sam Altman by outside1234 on Friday April 10, 2026 @07:03PM (#47724902)
I'm not talking about the top 1%. I'm talking about the top 0.01%.
Re:Molotov Cocktail Is Hurled at Home of OpenAI CEO Sam Altman by seanlinehan on Friday April 10, 2026 @07:20PM (#47725084)
The top 0.01% still pay enormous taxes. Elon one year personally paid $11B in taxes.

I get that a lot of people think people's unrealized capital gains should be taxed, so maybe the argument you're making is something like:

"People with very large paper-gains based on appreciation of the market-value of the assets they own pay 0% taxes on those unrealized gains"

In which case, yeah, that's definitely true. But if they sell those assets, they pay taxes. Some of the taxes from those sales can be offset by doing things like donating enormous sums of money to charity. And sometimes people take loans against their equity, which is not a taxable event. Though, in order to pay those loans back, they have to sell something (taxable) or earn money elsewhere (also taxable). So loans are tax deferral...

But eventually the tax man comes for everybody.

Re:Molotov Cocktail Is Hurled at Home of OpenAI CEO Sam Altman by hilariously on Friday April 10, 2026 @07:42PM (#47725349)
Buy assets (stocks, real estate, etc.) Hold them as they appreciate (no tax on unrealized gains) Borrow against them (loans are not taxable income) Die without ever selling

(you are wrong)