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I love how this thread is full of people simping for billionaires with absolutely ridiculous strawman scenarios like this one…
by yunohn 4y ago
I love how this thread is full of people simping for billionaires with absolutely ridiculous strawman scenarios like this one…
- googlryas 4y agoCan you explain how it is a strawman? Someone else accused it of being a strawman, but then could only claim that it is "contrived", which is not the same as a strawman. So where's the strawman? Would the person in this scenario not be affected by a proposed wealth tax? Also, I don't really get how it is "simping for billionaires" in the slightest. If I said that billionaires shouldn't be pulled from their mansions and lynched, am I simping for them too?
- owisd 4y agoIt's not a straw man, I believe a better idiom would be 'the tail wagging the dog', i.e. you're using an extreme edge case to argue against the big picture proposal. A real tax would include the small picture details: payment plans, equity swaps, valuation tribunals, etc to cover the oddball cases. But none of that would matter, you would sell it and net the $500M.
- googlryas 4y agoEven with payment plants ,equity swaps, valuation tribunals, it would still be the case that someone with more money than me can force me to sell anything I own to them, by placing a value higher than I can pay on it?
- yunohn 4y agoI find it odd that you think that amidst this world of legal tomfoolery and loopholes - a wealth tax could not be conceived that doesn’t force artificial valuations and liquidations.