Anonymous #1 12w

Which loopholes?

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Anonymous OP 12w

Stock loopholes

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Anonymous #2 12w

Cap on ss wouldn’t change much. Carbon tax would hurt businesses and hurt jobs. Nothing stopping the CEO billionaire to pay himself less to get into a lower tax bracket. Idk if IRS auditing would do much

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Anonymous #1 12w

How would u fix it

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Anonymous OP 12w

Eliminating cap on SS would make social security solvent for decades. You can avoid a carbon tax by emitting less carbon. The rich emit way more. Great increase their capital gains tax too. IRS auditing finds billions every year from rich tax frauds

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Anonymous #3 12w

Would the sales tax affect business acquisition and slow growth of the economy/job rates? I can sorta see the loans somewhat would have the same effect as taxing stocks and hurting the economy/jobs. The money imported doesn’t make sense to me. Did you mean exported?

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Anonymous OP 12w

So no, if corporations or people want to acquire a business they should be willing to pay the extra amount. It is a looping investment, you pay to gain profit and the people you are going to exploit get compensated via less taxes or more public services granted that’s not really how taxes work but you get the point probably

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Anonymous OP 12w

You know that having a lower pay to get into a lower tax bracket means you get paid less still. Who the fuck would do that

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Anonymous OP 12w

Think about it this way, you can do whatever you want with your money, you can send it to switzerland and bank it with them. But the moment you want that money back in the US it is considered income and should be treated as such. Any imported money will be taxed as income and with importation fees. If you don’t report your money from banks out there it’s tax fraud

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Anonymous #4 12w

I think he’s talking about the billionaire tech CEOs that pay themselves like $1/year

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Anonymous #4 12w

Which is why I said they could raise the capital gains tax to cover that since they get paid with stock compensation instead

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Anonymous #2 12w

I don’t think removing the cap completely would hurt billionaires. It could never pass because they can create a completely logical and reasonable case in court. The carbon tax would only last for a certain period then the problem of not taxing still lingers. Capital gain tax only affects them when they sell the stock but most billionaires borrow against the stock and pay the debt back.

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Anonymous #4 12w

A lot of billionaires avoiding taxes they just loan against their stocks knowing that they’ll pay the bank back

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Anonymous #3 12w

Yes but it’s not always certain about the gain part. over paying for a company that may or may not fail is an extreme risk that would lead to bankruptcy and less jobs which increases poverty. Over paying for stocks and businesses lead to a collapse

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Anonymous OP 12w

Idk why lifting the cap would be difficult. The cap changes like every year lol. But taxes aren’t just about soaking the rich, it’s about getting things done. Like fixing social security and the climate crisis. If everyone stopped paying a carbon tax because no more carbon was being emitted that would be great! But we need some billionaire money to help us get there. Being able to expand social security and keep it solvent? Awesome! Let’s use a little more money from high income earners

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Anonymous #2 12w

There’s no tax on buying stocks just selling. There’s no way to tax that besides taxing stocks. That would lead to lower growth of jobs.

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Anonymous OP 12w

Think about twitter. Elon came in and fired 99% of the staff and replaced them with slop and AI. destroyed the platform. If elon had to pay 88 billion 44 to the government that never happens. If he REALLY wanted twitter he would pay whatever he wanted even if it’s not profitable rich people shouldn’t be able to buy anything they want just because they want it, they should have to pay the equal price. 44 billion would go far in american tax payer money

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Anonymous #2 12w

Cap increases are one thing a complete removal is another. Carbon tax might move businesses to other countries which results in more poverty. Companies and billionaires have too much power to really hurt them.

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Anonymous OP 12w

It’s starting to sound like you never actually really wanted an answer to your question lol you just like arguing

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Anonymous #3 12w

Sure but that slows everything down job creation, technological advancements, etc. Plus most corporations don’t buy companies with straight cash. They buy stock of the company and the seller pays the tax when they sell the stock. The buyer company pays taxes on all the assets and the inherits the debt.

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Anonymous #3 12w

Yeah trickle economics didn’t work.

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Anonymous #2 12w

No businesses and millionaire are just untouchable. There’s loopholes around everything, just looking for good ideas and playing devils advocate.

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Anonymous ireallylikepancakes 12w

I’m asking for solutions not ur opinion lmao

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Anonymous OP 12w

Maximum stock ownership price of a corporation, individual, and family.

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