Yes, wealthy people get away with paying taxes. Instead of a #wealthtax which I think is a bad idea, they should define assets used as #collateral to secure loans or purchases as a taxable event. When Elon buys #Twitter with Tesla stock it is nothing but selling #Tesla stock to buy Twitter stock hence a taxable event but without an actual sale. This taxable event should only apply to people with $100 #million assets or more. Shifting tax burden from wealthy to middle class is just transfer of wealth to make rich richer and poor poorer. Yes, this should apply to crypto too.
Creediator
creediator@getalby.com
npub1k0fw...7e9m
Unfiltered thoughts - no longer a Noderunner
creediator@getalby.com
Nancy Guthrie’s ransom in #Bitcoin will bring back the conversations about crypto used by criminals for nefarious purposes
So many people on YouTube coming out to talk about how #Bitcoin is a Ponzi scheme bundling it with other crypto like fart coin.
How many superballs are there in a year??
For this is the end
I've drowned and dreamt this moment
So overdue I owe them
Swept away, I'm stolen
Let the #bitcoin fall
When it crumbles
We will stand tall
Face it all together