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Do you realize the billionaire has no saying in how much money he “has”? He just owns stock in a company he built from ground up. It’s us saying that that stock
by nickpp 3y ago
Do you realize the billionaire has no saying in how much money he “has”? He just owns stock in a company he built from ground up. It’s us saying that that stock has a certain value. It’s us saying the owner is a billionaire. We are the ones making him a billionaire.
- nix0n 3y agoYou could make the same argument about landlords, but we still tax the value of a building.
- nickpp 3y agoAnd that, together with heavy regulation, is why we have the present situation where young people can't stat families because they can't afford a home. Not the example I would like to follow anywhere else.