That’s usually when I do my crying anyway

We better destroy it just to be safe

Obviously tax law would have to be more nuanced, if you only own a single house then you can’t be expected to sell it just to pay the tax on it, but the tax could accumulate for when/if you do sell it. But someone who owns hundreds of properties which increase in value, could be expected to sell some to pay the tax. The point is to affect people who hide their actual income from taxes like this, just like Bezos does.

Because it is also a messed up way to tax people, to only require people who can’t afford these tax evasion strategies to pay income tax.

You complain about bullshit manipulation, then spread your own blatant disinformation to try support the billionaires??

The “real tax rate” isnt based on a stable net worth, it is based on the increase in net worth over X years (ie. Income), compared against the amount of tax paid over the X years.

If someones house increased in value at a rate of $1M per year, then they absolutely should be paying income tax on that $1M every year. Once it stops increasing in value, then it would no longer be contributing to income, and therefore would not be subject to income tax. It is pretty simple.

If it could be repeated 49 times, that might start to add up a little

In my experience, the mental effort spent trying to understand the German in a meme makes the comedic payout better