1/11
@ZacksJerryRig
For reference, if these ultra rich people would have paid Kamalas Wealth Tax, it would have only cost them $36 billion *a year* instead of $500 billion in 2 days.
[Quoted tweet]
BREAKING:
World's 500 richest people lose $500 billion in two days.
2/11
@RealJohnDutton
Are you really that dumb and don’t understand that these are unrealized gains? How does one pay taxes on unrealized gains?
3/11
@ZacksJerryRig
Easy. People making 100m+ a year can just pay taxes on unrealized gains. If you can get loans off of unrealized gains, you can pay taxes on unrealized gains.
Simple. Easy peasy.
4/11
@scott_butler_jr
They haven't lost anything..because they haven't sold anything. The rich know this.
5/11
@Angelica_Reed1
but this way they showed woke who's boss
6/11
@JayVTheGreat
Make up your minds. Is Trump for The Rich or not?
7/11
@ajforthree
So you're saying the oligarchy thing was just a talking point, got it
8/11
@dzeeg
https://video.twimg.com/amplify_video/1908537459488550912/vid/avc1/1440x1080/0Uxhs-1bbEIAvW6B.mp4
9/11
@sentient_Mas
10/11
@ahkashani
They own the same amount of resources (% of companies, for example) as before. Their relative wealth, which fundamentally is what's most relevant for any practical reason, remains the same. That won't be the case with wealth tax.
11/11
@genevachendov
This is silly.
The reason the market is sinking is because of all the selling.
If a "wealth tax" was implemented, the selling would be similar....because the wealthy would have to sell their shares to pay the tax.
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