A Boring Dystopia

9748 readers

257 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 1 year ago

MODERATORS

[email protected]

366

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax (www.propublica.org)

submitted 4 months ago by [email protected] to c/[email protected]

31 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 4 months ago

You're misunderstanding how their wealth is distributed. By and large, they're not directly owning the land and paying taxes. They just own significant stakes in the actual companies holding property. I'm sure they own a house or three, but it's not significant compared to their other assets.

I'm not taking a position on whether property taxes are good. I think they are. I'm just pointing out the discrepancy.