Earlier quoted context omitted.
Spain’s wealth tax works fine. https://www.theguardian.com/politics/2025/aug/16/spain-put-u...
Spain GDP per capita 2008: $35,603 2024: $35,297 US GDP per capita 2008: $48,570 2024: $85,809 Seems to be working great!
How the Richest People in America Avoid Paying Taxes
11–19 of 19 posts
Re: How the Richest People in America Avoid Paying Taxes
#12Earlier quoted context omitted.
Spain’s wealth tax works fine. https://www.theguardian.com/politics/2025/aug/16/spain-put-u...
Spain GDP per capita 2008: $35,603 2024: $35,297 US GDP per capita 2008: $48,570 2024: $85,809 Seems to be working great!
Re: How the Richest People in America Avoid Paying Taxes
#13Earlier quoted context omitted.
Spain’s wealth tax works fine. https://www.theguardian.com/politics/2025/aug/16/spain-put-u...
Spain GDP per capita 2008: $35,603 2024: $35,297 US GDP per capita 2008: $48,570 2024: $85,809 Seems to be working great!
Re: How the Richest People in America Avoid Paying Taxes
#14Donating to political parties seems to work well.
Re: How the Richest People in America Avoid Paying Taxes
#15The secret: they do pay taxes, enormous amounts. A small handful of people pay billions in taxes a year. A wealth tax is not only deeply immoral, but it's a bad idea, and every country that's tried it has watched it fail. If someone with billions in assets doesn't take home a salary, then they don't pay income tax on a salary that year. Get them when they sell stock, like they did when Elon paid ~12 billion in taxes,…
> A wealth tax is not only deeply immoral A wealth tax is deeply immoral?
Reducing accumulation of money (by means of for instance a wealth tax) is incredibly important to keep the economy as a whole going and to maximize the needs satisfied, but if you only think in terms of "but poor people don't deserve free money!", you miss this point and say dumb things like "a wealth tax is deeply immoral".
Re: How the Richest People in America Avoid Paying Taxes
#16Earlier quoted context omitted.
Spain’s wealth tax works fine. https://www.theguardian.com/politics/2025/aug/16/spain-put-u...
Spain GDP per capita 2008: $35,603 2024: $35,297 US GDP per capita 2008: $48,570 2024: $85,809 Seems to be working great!
Re: How the Richest People in America Avoid Paying Taxes
#17Donating to political parties seems to work well.
Well Actually I think you mean corporations exercising their right to free speech
Re: How the Richest People in America Avoid Paying Taxes
#18Earlier quoted context omitted.
Spain GDP per capita 2008: $35,603 2024: $35,297 US GDP per capita 2008: $48,570 2024: $85,809 Seems to be working great!
Are you implying a wealth tax stunts GDP? I'd love to see some evidence and thought behind that implication rather than a cheeky quip.
The UK is currently experiencing an exodus of wealthy taxpayers due to high tax burdens.
If you want to kill your economy, the fastest way to do so is by ripping off those who employ most of the economy through their business ventures.