Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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Please put at least one word relevant to the post in the post title.
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Let's play the rich get everything. The rules are the rich get everything. participation is mandatory. (lemmy.world)

submitted 3 months ago* (last edited 3 months ago) by [email protected] to c/[email protected]

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Did I say mandatory? I meant optional! You're "free" to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

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[–] [email protected] 2 points 3 months ago (1 children)

Would a home count as unrealized gains? Because I'd be fucked if I got taxed on it more than I already do.

[–] [email protected] 1 points 3 months ago

You probably do get taxed on it ( property tax? ). However I agree that taxing you on the “unrealized gains” from your home would be insane.

Think of how many seniors with a fixed income would be out on the street if this was to happen. Little old ladies in houses they bought decades before. Tax codes often defer even property taxes for seniors as they recognize that these people do not have actual “wealth” outside of these illiquid assets.

Of course, those houses will eventually be sold. If you want to collect more tax, increase the amount of tax you collect on those actual gains.