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One way to look at this is that Zuckerberg just robbed the treasury of $45B. Part of that would have come in through capital gains taxes and the rest through t
by luckydude 11y ago
One way to look at this is that Zuckerberg just robbed the treasury of $45B. Part of that would have come in through capital gains taxes and the rest through the estate tax.
What they do with that money is up to them, not the state. It's a pretty sweeping end run around the taxation system.
Maybe we'll get lucky and he'll use the money to good end like Gates is doing. And maybe not.
This is a heck of a tax code we've got, it's trickle down on a grand scale.
- henvic 11y agoHe avoided to be robbed by the tax man. This slave mentality of thinking someone owes the state due to their wealth is ridiculous. Stealing is crime. It doesn't matter if by the tax man or by a pocket picker. In any case if you decide not to abide by their violent demands they might kill you (and it doesn't make a difference if it is by thugs with badges). The Production of Security - Gustave de Molinari https://mises.org/library/production-security-0 https://mises.org/library/production-security-0
- littletimmy 11y agoThe tax man is a representative of the republic. The people have decided that the rich must pay taxes, and that is the price we pay for civilization. If you don't want to entertain the tax man, please move yourself to a deserted island where there is no government to tax you. Or Mars.