The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax

submitted by Jesus from propublica.org

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[–]bjam27 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Imagine being stupid enough to not know the difference between income tax and a wealth tax on unrealized gains.

Going to be fun when liberals force everyone to pay taxes on imaginary home price increases every year.

[–]Jesus[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

And everyone knows, you and I, who pays far more in taxes based on percentage of earnings and actual physical labor can totally outbid Blackrock when they Purchase 65,000 houses in a single neighborhood and don't actually need earnings, merely borrowed money to survive.

Muh capitalism. At least Pope XIII knew how to actually stop this crap. But in this muh capitalist corporate freemasonic naturalist technocracy money rules and those Popes are evil. Yeah, despite their plans to give family wages and use actual money as a means to sustain family life which is the exact opposite of the current order where bank credits are issued at interest.

/u/socks

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Excellent point.