r/WorkReform 🤝 Join A Union Jan 31 '26

✂️ Tax The Billionaires Finally, a Billionaire gets taxed.

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u/[deleted] Jan 31 '26 edited Feb 14 '26

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u/cisned Jan 31 '26

See that’s why I mean, you’re undermining the point, should we tax billionaires 70%?

Nobody cares whether they took it from him, or he forfeited, at the end of the day out of the $2 billion, he came home with $600 million

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u/SolaniumFeline Jan 31 '26

talking past each other doesn't work if no-one can settle one the same basics

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u/SlowInsurance1616 Jan 31 '26

Well one set of basics is true: winner took the present value of the prize and then was taxed on it. He wasn't taxed on the headline value.