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restless [she/her]@hexbear.net to Slop.@hexbear.net · 24 days ago

This poor couple would have to pay tax on a $3.5 million profit selling their mansion. How dystopic!

hexbear.net

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This poor couple would have to pay tax on a $3.5 million profit selling their mansion. How dystopic!

hexbear.net

restless [she/her]@hexbear.net to Slop.@hexbear.net · 24 days ago
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To be completely fair to the A Boring Dystopia community, almost none of the comments were having the sob story.

.world post: https://lemmy.world/post/34072411

Archive link to Business Insider article: https://archive.is/RsEwG

  • mayo_cider [he/him]@hexbear.net
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    24 days ago

    100% inheritance tax

    • ThermonuclearEgg [she/her, they/them]@hexbear.net
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      24 days ago

      The richest could still give million dollar gifts without being taxed — they’re great at finding loopholes so I’m sure they’d find other ways to do it too

      • Carl [he/him]@hexbear.net
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        24 days ago

        Richard Wolff often makes the point that you have to stop the accumulation before it happens for this very reason. The initial transfer of wealth needs to be done at gunpoint and be paired it with a massive meaningful transformation of the economic base otherwise the hypothetical socialist government is just playing whack a mole.

    • mayakovsky [any]@hexbear.net
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      24 days ago

      110% inheritance tax

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