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by jerf
5166 days ago
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You know, it's not as if this money has escaped being taxed. At most, it's escaped one layer. It'll be taxed if they use it to pay someone. It'll be taxed when that someone uses it to pay for something else. If they move any of it somewhere else, it'll be taxed, if it becomes someone's capital gains it'll be taxed. If they use it to buy something, that purchase will be taxed, as will the thing they purchased at pretty much every layer. If it does pretty much anything other than sit there, it'll be taxed, and the next people to get it will have their use of the money taxed too. It isn't money that has magically been freed of taxation, it's just money that isn't being taxed this exact second. |
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