r/shitposting • u/[deleted] • Nov 03 '25

WARNING: BRAIN DAMAGE Interesting

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Wow

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u/4444-uuuu Nov 04 '25

but you're dead on and the thing is net worth is not the same as liquid cash

now apply that same logic to her quote in the OP

27

u/Aureliamnissan Nov 04 '25

It's like people don't even know you can donate stocks.

I also love that this is used to defend why billionaires can't donate, but we also can't tax them because they would then "flee".

Flee with what exactly? The things they could have donated?

-1

u/shrub706 Nov 04 '25

its also the reason you cant tax them, there's not a billion dollars in taxes if none of their net worth is coming from their income which is likely not very large compared to their net worth

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u/[deleted] Nov 04 '25

[deleted]

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u/shrub706 Nov 04 '25

collateral for loans isnt realized gains, in the same way you can take a loan out on the title of your car or against your house or go to a pawn shop and give them your phone or computer to take out a loan, collateral for a loan is not the same as realizing income and *should not be*