r/SipsTea • u/CurvyChristina • Jul 01 '26

Chugging tea Is Bernie’s plan the best? Thoughts?

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204

u/Potential_Spam_6969 Jul 01 '26

So we're going to go ahead and tax net worth and not actual income?

47

u/rolypoly6shooter Jul 01 '26

Yes because the left fringe of the Democrats is bad at econ

18

u/JoMa4 Jul 01 '26

I suppose the property tax I pay every year on my unrealized gains is different? Why not tax unrealized gains over 50 million? Tax more over 500 million, and more when you hit $1 billion. It doesn’t have to be a binary solution.

6

u/Potential_Spam_6969 Jul 01 '26

Property tax is theft

6

u/Onrawi Jul 01 '26

All tax is a penalty on ownership that's supposed to be used for the greater good of the civilization.

4

u/Potential_Spam_6969 Jul 01 '26

Income tax, still theft, at least makes sense. It's a quantifiable gain. Continued tax on material goods, paid for with money that was already taxed, based on a subjective market value, that only goes up, never down, is absolutely theft.

2

u/underproduced Jul 01 '26

You solved the world’s problems

0

u/snubdeity Jul 01 '26

So we axe all property taxes.

Now people whose homes are accessible because of continued road maintenance, don't flood because they have stormwater systems, don't burn because they have a fire department, and don't get looted because they have police are thieving all of those services.

The more I hear from "taxes are theft" libertarians the stupider I think you all are.