'Absurd!': US Billionaires Pay Lower Tax Rate Than Working Class for First Time | Common Dreams
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"It's time to tax the billionaires," economist Gabriel Zucman argues in a new analysis.
  • breetai@lemmy.world
    0·
    8 months ago

    That’s my point. They were worth 20 million. Due to legal restrictions I couldn’t sell. As such I would have to pay taxes on 20 million. When I could sell they were worth zero.

    So I would have ended up negative.

    • Bytemeister@lemmy.worldΕλληνικά
      0·
      8 months ago

      Sounds like that stock wasn’t worth the risk then. That’s capitalism in a nutshell brahski, people lose money betting on the market every day.