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Tax wealth not income.

The system is rigged against average Americans

This isn’t just billionaires. People with much less, say…hundreds of thousands as opposed to millions or billions can do the same exact thing. Wealth builds wealth.

Income is for suckers. Wealthy people don't pay income tax. Their wealth is elsewhere.

This post got me smiling like an idiot… would be fun to continue this conversation 😌

It’s easy to become a billionaire All you have to do is have a dad that’s a millionaire

Shitty system,and we could fix it with pitchforks

Basically 'system' is designed to favor billionaires,rich and privilege people. There is nothing fair about this.

Good explanation. Now all Dems need to support a wealth tax on the billionaires.

Good post

Billionaires exist because of a lack of adequate taxation laws and stock market/banking regulations. They're gaming the system. We need to get rid of the loopholes that let billionaires exist.

and the IRS is charging ME a penalty for paying my estimated tax all at once....I'm not doing it..

I always wondered how this worked. I mean, at some point someone has to pay the capital gains? Wrong. The idea that you are taxed at a higher rate if you exchange hours of your life for income, vs a lower rate if your massive pile of money is making money while you vacation on a boat is absurd.

Or a wealth limit. Because concentrated wealth is a threat to our way of life. We are watching that happen now. They had it unlimited. They abused it. They lose it.

What a scam.