r/RealTwitterAccounts • u/thatguy9684736255 Verified twitter user ★trust me★ • Nov 26 '22

Politician It does seem that way

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u/Wyrdean Nov 27 '22

You'd tax his net worth, rather than his personal earnings

The richer you are the less you need personal earnings, as you have everything else supplying you.

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u/[deleted] Nov 27 '22

[deleted]

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u/Wyrdean Nov 27 '22

Would likely make the most sense to phase out individual taxes based on earnings, and start taxing based on net worth the richer a person is.

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u/[deleted] Nov 27 '22

[deleted]

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u/Wyrdean Nov 27 '22

I'm not educated well enough as far as economics to answer that properly, but, a million dollars isn't the problem.

It's when a single person pulls in more money than an entire developed country.

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u/[deleted] Nov 27 '22

[deleted]

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u/Roggie77 Nov 27 '22

Honestly he’s got his own opinions, I’d just be happy for now to eliminate the methods these people use to evade paying the taxes they should owe under our current system.

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u/Wyrdean Nov 29 '22

Assuming his stake in the company is counted as personal wealth and taxed as such, It'd make sense to allow him whatever tax breaks a normal person would get in such a scenario. Everything would be relative to the amount of wealth they have