this post was submitted on 30 Sep 2023
2014 points (96.5% liked)
Lefty Memes
4173 readers
796 users here now
An international (English speaking) socialist Lemmy community free of the "ML" influence of instances like lemmy.ml and lemmygrad. This is a place for undogmatic shitposting and memes from a progressive, anti-capitalist and truly anti-imperialist perspective, regardless of specific ideology.
Serious posts, news, and discussion go in c/Socialism.
If you are new to socialism, you can ask questions and find resources over on c/Socialism101.
Please don't forget to help keep this community clean by reporting rule violations, upvoting good contributions and downvoting those of low-quality!
Rules
0. Only post socialist memes
That refers to funny image macros and means that generally videos and screenshots are not allowed. Exceptions include explicitly humorous and short videos, as well as (social media) screenshots depicting a funny situation, joke, or joke picture relating to socialist movements, theory, societal issues, or political opponents. Examples would be the classic case of humorous Tumblr or Twitter posts/threads. (and no, agitprop text does not count as a meme)
1. Socialist Unity in the form of mutual respect and good faith interactions is enforced here
Try to keep an open mind, other schools of thought may offer points of view and analyses you haven't considered yet. Also: This is not a place for the Idealism vs. Materialism or rather Anarchism vs. Marxism debate(s), for that please visit c/AnarchismVsMarxism.
2. Anti-Imperialism means recognizing capitalist states like Russia and China as such,
as well as condemning (their) imperialism, even if it is of the "anti-USA" flavor.
3. No liberalism, (right-wing) revisionism or reactionaries.
That includes so called: Social Democracy, Democratic Socialism, Dengism, Market Socialism, Patriotic Socialism, National Bolshevism, Anarcho-Capitalism etc. . Anti-Socialist people and content have no place here, as well as the variety of "Marxist"-"Leninists" seen on lemmygrad and more specifically GenZedong (actual ML's are welcome as long as they agree to the rules and don't just copy paste/larp about stuff from a hundred years ago).
4. No Bigotry.
The only dangerous minority is the rich.
5. Don't demonize previous and current socialist experiments or (leading) individuals.
We must constructively learn from their mistakes, while acknowledging their achievements and recognizing when they have strayed away from socialist principles.
(if you are reading the rules to apply for modding this community, mention "Mantic Minotaur" when answering question 2)
6. Don't idolize/glorify previous and current socialist experiments or (leading) individuals.
Notable achievements in all spheres of society were made by various socialist/people's/democratic republics around the world. Mistakes, however, were made as well: bureaucratic castes of parasitic elites - as well as reactionary cults of personality - were established, many things were mismanaged and prejudice and bigotry sometimes replaced internationalism and progressiveness.
7. Absolutely no posts or comments meant to relativize(/apologize for), advocate, promote or defend:
- Racism
- Sexism
- Queerphobia
- Ableism
- Classism
- Rape or assault
- Genocide/ethnic cleansing or (mass) deportations
- Fascism
- (National) chauvinism
- Orientalism
- Colonialism or Imperialism (and their neo- counterparts)
- Zionism
- Religious fundamentalism of any kind
(This is not a definitive list, the spirit of the other rules still counts! Eventual duplicates with other rules are for emphasis.)
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If they can take out loans to buys islands, Yachts and overpriced tweet companies, then let them take out loans to pay tax.
They only have five figure incomes thanks to the loopholes, so that isn't a fair level of taxation compared to their actual capital gains that they artificially keep as "unrealized" on paper. A trick unavailable to us mere mortals.
You're a tool.
It's clear you don't know how things work at all. You can't expect to tax someone billions every year and not have to sell the thing causing such a huge tax burden. This isn't an infinite money glitch, the loan thing can only go so far.
Also, unrealized gains are a real thing, stocks go up and down, and the change in value is unrealized until it's sold. If a stock goes up $100 that isn't $100 in my pocket, because tomorrow it could go down $200. If you want to tax these unrealized gains, then you should be paying out the unrealized losses as well. You would also be screwing up the middle class retirement funds, so thanks for that.
You have a big mouth for someone who has zero clue.
Obviously, taxes are levied on a yearly basis and not every day, so daily fluctuations in value are irrelevant.
And retirement funds are tax exempt, so they will not be screwed.
And yes, people who can't afford to pay property taxes have to sell property. That is a reality we all have to deal with, so why not let the super rich also deal with it.
Dude, get some education.
Are you not proposing taxing billionaires billions in taxes until they are no longer billionaires? That's what everyone else seems to be suggesting. If they took out billion dollar loans to pay this tax, their wealth would be the same or more every year and they would pay billions more next year. It doesn't take long for there to be no more loans available because all the owned stock is held as collateral for these billions in tax loans they took out.
Oh, thanks for singling out one form of stock ownership while harshly taxing another. Not all middle class "retirement" accounts are under that retirement umbrella though. Since there are a lot of restrictions in those many will have regular stock holdings that would be taxed under your plans.
Financial and real assets are different. We don't tax financial assets as property, and only some real property gets a property tax.
You really don't see how your ideas won't work, do you?
I'm gonna stop arguing with idiots today, thanks for playing.
If you can't answer valid criticism of your ideas that's your problem, have a good one
Or, crazy thought, make it so they can’t take out loans against their stock; especially if it’s not for private use! Maybe that way, people like Musk will be forced to give themselves salaries that can be taxed by the government.