2 ms·
Nothing stops someone from selling a 3 million dollar Cupertino home and buying a $300,000 home someplace else. So it’s a bit disingenuous to say that person is
by jonathankoren 2y ago
Nothing stops someone from selling a 3 million dollar Cupertino home and buying a $300,000 home someplace else. So it’s a bit disingenuous to say that person is “homeless”. They’d have a different home and a pile of cash.
- itsdrewmiller 2y agowith few exceptions it is even easier for rich people to realize their unrealized capital gains, but they don’t pay tax on them.