Y’all know earnings on corporations are taxed twice, right? Sole proprietorships - taxed once, partnerships - taxed once.

I mean, I’m all for it, fuck corps, they are a funnel for profits at the expense of everything else in society, but let’s put the hate where deserved, like the fact that the government treats them as a fucking (morally bankrupt) limited liability person, rather than just pointing out some voodoo economics financial accounting trick that probably won’t ever change so long as the rules allow them to exist.

Like, I get it. Tax the billionaires out of existence, but I am pretty certain the bracket at which you’re paying 25% in taxes is income over 100k.

That’s because Bezos’s net worth is in imaginary money. His actual income from Amazon was only like $80k a year.

Unrealized gains shouldn’t be taxed unless they’re being used as collateral to get real money.