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Blue_true

(31,261 posts)

16. That is a grotesquely wrong analysis.

Tue Jul 6, 2021, 10:16 PM

Jul 2021

Bezos book worth may change that much, but his actual earnings are likely a very small fraction of that. Bezos may be worth $150 billion on book worth, but let him try to sell out and get that much.

The concept of taxing change in asset values is flawed. Having a true progressive tax on income and closing loopholes that allow rich people to hide income are much sounder approaches.

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Jeff Bezos makes some $2,537 every second of the day. [View all] Uncle Joe Jul 2021 OP

Left and right wing populism BGBD Jul 2021 #1

There is a major difference between Uncle Joe Jul 2021 #3

It used to be millions. LanternWaste Jul 2021 #4

The way our nation and the world in general is headed in regards to Uncle Joe Jul 2021 #5

Yes. There was even an "Anti-Endorsement" enemies list of 13 "oligarchs," billionaires, CEOs, betsuni Jul 2021 #10

You are never going to be that rich kcr Jul 2021 #12

So? BGBD Jul 2021 #15

And pays NOTHING in taxes from what I've heard Blue Owl Jul 2021 #2

Because he doesn't have any income. Yavin4 Jul 2021 #6

Well I would suggest that our tax code needs to be updated. Uncle Joe Jul 2021 #7

THIS malaise Jul 2021 #9

... Uncle Joe Jul 2021 #13

Not only does he pay nothing in taxes Calculating Jul 2021 #8

No one should be allowed to be that rich I_UndergroundPanther Jul 2021 #11

And yet... WarGamer Jul 2021 #14

That is a grotesquely wrong analysis. Blue_true Jul 2021 #16