this post was submitted on 22 Sep 2026
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[–] johntash@eviltoast.org 1 points 1 day ago (1 children)

Not disagreeing, but how would that work?

Most of their worth isn't going to be liquid so you'd have to take some sort of average for the year and force them to sell assets?

I guess it could be something like RMDs if above a certain threshold?

[–] kingkong@lemmy.world 3 points 1 day ago* (last edited 1 day ago)

excuse me most of their worth isn't going to be liquid because they made it illiquid by design and every incentive to pump their own assets we are asking for real valuation if they want to avoid taxation. meaning the stock market housing market all bubbles will be much more muted if they dont wanna pay the taxes. the whole reason for the extreme bubbles in housing is precisely for the buy hold die strategy while paying almost no taxes and instead use the borrowed money to buy up everything and enslave multiple generations with borrowed money off hot air balloon money.

either they can sell covered calls on their own stock sell their stock or dividends. or they can take out loans on the stock or take out loans on their house or rent it out for extra income i dont care they have millions and billions in value so go tap it and pay the tax if you dont wanna pay as much tax lower the valuation or extract value from it to pay the tax no one cares.