Wealth Taxes - Should the Rich Have to Pay?

[Ensoniq]

If they can tax unrealized cap gains can the taxpayer deduct unrealized losses?

they’ll lose a lot of revenue during bear markets

I hate the way they the billion dollar threshold to try to codify the law

can always drop the floor after people get used to it

and how would they determine market value for private companies that neither publish capitalization nor trade regularly.

this isn’t logical it’s more punish the rich rich nonsense to keep the people,divided

 

[Casey Jones]

If they can tax unrealized cap gains can the taxpayer deduct unrealized losses?

they’ll lose a lot of revenue during bear markets

I hate the way they the billion dollar threshold to try to codify the law

can always drop the floor after people get used to it

and how would they determine market value for private companies that neither publish capitalization nor trade regularly.

this isn’t logical it’s more punish the rich rich nonsense to keep the people,divided

Actually, make us all equal.

Equal in destitution.

It's the typical Feudal class structure...from tribal warlord-kings, to the modern Communist People's Republics.

The Power Elite have the wealth. A very-small circle; and connected to the machinations of government.

The peasants/serfs/peons/citizen-comrades have Equality.

 

[searcher]

In this one Mario talks about how taxing the wealthy could eventually end up as a tax on everyone, wealth inequality and a possible one world monetary system.

Globalists Are Pushing for a Billionaire's Wealth Tax and One-World Fiscal Policy​

18:05

 

[Cigarlover]

Governments around the world are out of money and cant figure out how to stop spending. IMO central governments need to be abolished. They provide nothing to the average human on the planet.