|
|
|
|
|
|
by doe_eyes
618 days ago
|
|
|
I'm addressing the parent's proposal, which is to "why not just keep selling fractions of the asset to cover taxes". Yes, if you're rich, you might have other ways to cover the liability, but that's not what the parent said. And for what it's worth, these "billionaire" thresholds in political discourse are fairly meaningless. The last time the Biden admin "cracked down on billionaires", they instituted IRS reporting requirements for Paypal and eBay when you receive in excess of $600 a year. There just isn't enough billionaires for policies that truly target only them to make a difference, unless you flat out start taxing / confiscating wealth. |
|
|