Post #2790211
2026-05-10 22:11 UTC
If that's the case, how would the billionaire tax be effective?
Replies (2)
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@sin_free_for_00_days@sopuli.xyz 2026-05-11 01:17
They hide their *income* so they don't pay tax. This is a wealth tax. On their wealth. Like the middle class pays with their property tax.
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@SaveTheTuaHawk@lemmy.ca 2026-05-11 15:29
They will tax the wealth, not the income which is legally zero because they borrow money against it.