People say tax the rich. I actually laugh at that. Because what people don't understand is that the rich live off their portfolios, they grow their portfolios. And then they start taking loans and they don't pay no taxes.
So saying text the rich. It's fucking stupid.
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I will eat nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m slowly … bleed him out for all his goodness &
Honestly, he’s legit. I can’t.
We must demand 1% pay their fair share. That’s all. Which is what in today’s world?
The thing about #Bitcoin is that the 'tax the rich' people will have to admit they were wrong. The correct and moral call always was and always will be to tax EVERYONE nothing. Technology brings the have nots up., it doesn't drag them down. Bitcoin makes this clear. I hope the 'tax the rich' people can see this for their own sakes.
How does he pay back the loan with no income? The loan would require monthly payments.
Because rich people own houses and businesses. And that's money flowing in so they pay their loans.
They pay taxes on the money coming in less expenses.
The income tax for things like rental incom and Capital Gaines when they sell. Property taxes when they hold. Sales tax when they spend. And Environmental sanctions when they fart.
We do tax the rich. We tax the poor. We tax the stupid, and everyone in between.
