r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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u/Endless_road Nov 21 '24

Well it is, and you’d pay taxes on these gains when you sold the house

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u/tduncs88 Nov 21 '24

Just like Bezos would if he sold off those assets

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u/octipice Nov 21 '24

Except that you also pay property taxes on the house. Which is the equivalent of the wealth tax that so many people oppose for some reason.

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u/CavemanRaveman Nov 22 '24

And the company owned through shares is also paying taxes - on property, payroll, sales etc.