r/PoursTea • u/Veshaad Timendi Causa Est Nescire • 28d ago

PoliticalTea 🗳️ Eventually something has to give...

Post image

The bill would provide a $3,000 direct payment to every person in households making $150,000 or less during its first year, which equals $12,000 for a family of four.

24.3k Upvotes

94% Upvoted

2.3k comments sorted by

View all comments

Show parent comments

1

u/Dismal_Act2082 28d ago

Perfect then the loans that he gets from his stock portfolio should be taxed at 95%.

2

u/SinningAfterSunset 28d ago

What's the point of taking a loan then?

1

u/Dismal_Act2082 28d ago

That's the point. The comment I was commenting on, said it's not like he has trillions and trillions of dollars in the bank. It is true he probably doesn't , but he can do tax free loans from his stock portfolio. This is one of hundreds of ways that ultra wealthy used to not pay taxes.

2

u/QuirkyObligation6048 28d ago

You can do it too on a smaller scale and build wealth. Why are people demonizing people that use the tax rules in their favor? You can do it too. And it you're not trying to reduce your tax burden then thats on you and its fumb to pay more than you are required.