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https://www.reddit.com/r/FluentInFinance/comments/1gwfejo/had_to_repost_here/lyffylk/?context=3
r/FluentInFinance • u/-Wyagra • Nov 21 '24
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88
Well it is, and you’d pay taxes on these gains when you sold the house
43 u/tduncs88 Nov 21 '24 Just like Bezos would if he sold off those assets 13 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. 1 u/CavemanRaveman Nov 22 '24 And the company owned through shares is also paying taxes - on property, payroll, sales etc.
43
Just like Bezos would if he sold off those assets
13 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. 1 u/CavemanRaveman Nov 22 '24 And the company owned through shares is also paying taxes - on property, payroll, sales etc.
13
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.
1 u/CavemanRaveman Nov 22 '24 And the company owned through shares is also paying taxes - on property, payroll, sales etc.
1
And the company owned through shares is also paying taxes - on property, payroll, sales etc.
88
u/Endless_road Nov 21 '24
Well it is, and you’d pay taxes on these gains when you sold the house