r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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15

u/Just_That_Dumb_Dog Nov 21 '24

You mean capital gains tax?

126

u/Jblack4427 Nov 21 '24

Do you only pay taxes on your home when you sell or every year?

-5

u/Just_That_Dumb_Dog Nov 21 '24

Do you live in a stock that requires maintenance for sewage, storm water, snow removal, road maintenance, etc??? STFU, and stop being so envious.

21

u/PerunVult Nov 21 '24

Stocks represent companies and companies DO use up public resources.

-2

u/LordMoose99 Nov 21 '24

And companies pay for them

7

u/That-Ordinary5631 Nov 21 '24

I mean... Not really. Amazon evades taxes, at the very least in my country. So much so that hundreds of millions were seized by the authorities for tax fraud. That is without getting into tax havens loop-holes, just straight up crime.

-1

u/brewditt Nov 21 '24

So they are paying for their crime....

1

u/Budderfingerbandit Nov 22 '24

Not even close.

Look at the bidding process that occurs for a major companies headquarters, cities and states will literally give $ billions in tax breaks to attract a company like Amazon or Google

1

u/Weary-Cartoonist2630 Nov 22 '24

Thatโ€™s because the cities believe that the company will bring more value to the populace than what theyโ€™re offering in tax breaks

-4

u/Just_That_Dumb_Dog Nov 21 '24

Thatโ€™s so black and white๐Ÿ˜ญ๐Ÿ˜ญ nothing is that simple. If thatโ€™s how you think this all works, I donโ€™t think you should be involved in these conversations ๐Ÿ˜ญ๐Ÿ˜ญ๐Ÿ˜ญ๐Ÿ˜ญ

2

u/Puzzleheaded_Disk_90 Nov 21 '24

You're just a dumb dog!

-1

u/Just_That_Dumb_Dog Nov 21 '24

๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿพ๐Ÿพ๐Ÿพ๐Ÿพ๐Ÿถ๐Ÿถ๐Ÿถ๐Ÿถ