this post was submitted on 17 Mar 2026
648 points (98.8% liked)
Comic Strips
22771 readers
2052 users here now
Comic Strips is a community for those who love comic stories.
The rules are simple:
- The post can be a single image, an image gallery, or a link to a specific comic hosted on another site (the author's website, for instance).
- The comic must be a complete story.
- If it is an external link, it must be to a specific story, not to the root of the site.
- You may post comics from others or your own.
- If you are posting a comic of your own, a maximum of one per week is allowed (I know, your comics are great, but this rule helps avoid spam).
- The comic can be in any language, but if it's not in English, OP must include an English translation in the post's 'body' field (note: you don't need to select a specific language when posting a comic).
- Politeness.
- AI-generated comics aren't allowed.
- Limit of two posts per person per day.
- Bots aren't allowed.
- Banned users will have their posts removed.
- Adult content is not allowed. This community aims to be fun for people of all ages.
Web of links
- !linuxmemes@lemmy.world: "I use Arch btw"
- !memes@lemmy.world: memes (you don't say!)
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Saying the billionaire don't have a billion dollars, so where does the cash come from to pay the tax? This is a real question and it's the reason no one has figured out how to tax them.
Like i said, the "wealth" elon has is backed from stocks at 350 p/e. That money isn't real. U effectively want to tax something that isn't real.
"the billionaire don't have a billion dollars"
Oh yeah, I forgot "billionaire" is what we call someone who doesn't have a billion dollars...
"No one has figured out how to tax them"
I just explained it in detail, which you continue to ignore. People have figured it out, it's not that complicated. It just doesn't get implemented because politicians are bought by corporate dark money lobby groups, and people like you do a lot of footwork obfuscating the situation on the internet by pretending billionaires are poor and penniless.
"the 'wealth' elon has is backed from stocks at 350 p/e. That money isn't real"
Yes, their net worths are inflated (which gives them benefits on loans, which they use to further inflate their wealth). But that's easy to fix. Either don't let them declare worths that are higher than reality, or tax them at the net worths they declare.
Either way, that doesn't change anything I said about how capital gains are taxed, or how they should be taxed.
Get a clue.
But your still didn't explain where the money comes from.
We also call billionaires billionaires because they have a "net worth" of a billion, but having a billion dollars. Example is elon, is he went to the open market and said he is selling all his stock, he would probably get 100 billion. So good net worth would go from 700 billion to 100 billion because he went from a stock evaluation of 350 p/e to 30-35p/e. So that 600 billion disappeared because it isn't real.
So we tax wealth that isn't real, where did the money come from. It didn't come from thin air, it comes from somewhere.
I'm not saying their net worth statements aren't inflated, but that doesn't matter to this conversation because it's not net worth that gets taxed. I already explained how they reduce their tax liability, which is primarily capital gains tax for them, and I mentioned things that could be done about it. This whole argument about their wealth being inflated is a red herring.
Although I don't believe you're being genuine, if you really want to you can look into circular lending and how corporations make a gagglefuck with each other by lending money to each other that they borrowed from each other. But I'm not going to break it all down for you any further because you're clearly not arguing in good faith. If you're just mentally challenged though, I apologize for being harsh.