• Auli@lemmy.ca
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    1 day ago

    So if we tax them on wealth they doesn’t exist. Do we tax regular folk on the cost of their houses also? I mean they are worth billions but not till they sell.

    • Don_alForno@feddit.org
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      1 day ago

      If your wealth is enough to serve as security for a credit line that you use to fund your daily spending, it’s enough to be taxed.