this post was submitted on 19 Sep 2024
1594 points (96.8% liked)

Microblog Memes

5863 readers
3849 users here now

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.

Rules:

  1. Please put at least one word relevant to the post in the post title.
  2. Be nice.
  3. No advertising, brand promotion or guerilla marketing.
  4. Posters are encouraged to link to the toot or tweet etc in the description of posts.

Related communities:

founded 1 year ago
MODERATORS
ReadyUser31@lemmy.world
aeronmelon@lemmy.world
1594
Let's play the rich get everything. The rules are the rich get everything. participation is mandatory. (lemmy.world)
submitted 2 months ago* (last edited 2 months ago) by Allonzee@lemmy.world to c/microblogmemes@lemmy.world
301 comments fedilink hide all child comments
 

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!

you are viewing a single comment's thread
view the rest of the comments
[–] three20three@lemmy.world 3 points 2 months ago (3 children)

Wouldn't that affect things like Home Equity loans?

[–] doctordevice@lemmy.ca 11 points 2 months ago* (last edited 2 months ago)

Homes are taxed based on assessed value. They are already a form of taxing unrealized gains.

Most of the population either has:

  1. no unrealized gains
  2. gains in a retirement account that we can't borrow against
  3. gains in real estate that are taxed, but can be borrowed against
  4. a combo of 2 and 3

I think it's fair to ask that the rich play by the same rules. You can either borrow against your gains and pay taxes on them, or not pay taxes and not be able to borrow against them.

[–] Pacattack57@lemmy.world 5 points 2 months ago (1 children)

No because the mínimum for this to apply is 100 million.

[–] damnedfurry@lemmy.world 1 points 2 months ago

The government also told the public that the income tax was going to apply only to rich people, how'd that turn out?

[–] Goodie@lemmy.world 2 points 2 months ago

Depends on the exact implementation, but sure, you could happily write a version where an initial home loan isn't hit, and only "top up" loans against the INCREASED value of your home is targeted.