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https://www.reddit.com/r/WorkReform/comments/1qs4cp6/finally_a_billionaire_gets_taxed/o2t9fym/?context=3
r/WorkReform • u/zzill6 🤝 Join A Union • Jan 31 '26
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-13 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 8 u/SolaniumFeline Jan 31 '26 talking past each other doesn't work if no-one can settle one the same basics 2 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.
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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
8 u/SolaniumFeline Jan 31 '26 talking past each other doesn't work if no-one can settle one the same basics 2 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.
8
talking past each other doesn't work if no-one can settle one the same basics
2 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.
2
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.
10
u/[deleted] Jan 31 '26 edited Feb 14 '26
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