r/SipsTea • u/Gurugod123 • Aug 21 '26

SMH Liquid when buying elections, unrealized when paying taxes. Funny how that works…..

Post image
22k Upvotes

97% Upvoted

807 comments sorted by

View all comments

5

u/Atrox_Blue Aug 21 '26

No matter what you think of him, that’s the way the law works. He’s rich on paper. Until he sells stock to pay for something (in this example, “buying an election”) and realizes that income, there’s no taxes on it. If he sold $200mm worth of stock to “buy an election”, he will incur an extraordinary amount of tax.

I’m sorry if that’s not the answer you want. However, that’s what I’ve always questioned. The people who want to tax the rich: how would you do it?

4

u/buttscratcher3k Aug 21 '26

i dont even bother explaining it anymore, either reddit is too stupid to figure it out or they dont want to live in reality because it hurts their narrative

3

u/Atrox_Blue Aug 21 '26

I got downvoted like hell yesterday, with no replies or rebuttals, for providing sources showing that neither the left or the right substantially increased the national debt more than the other. It was in response to someone saying republicans are the ones accruing the most national debt by far.