You are viewing a single thread.
View all comments View context
5 points

I mean… If they’re forced to game the system so they stay just below the “rich” threshold all that extra money has to go somewhere besides their pocket.

permalink
report
parent
reply
2 points

Yeah, it’ll go to their friends and family.

permalink
report
parent
reply
3 points

You don’t fuck with the tax man. They got Al Capone, they’ll get you, and they’ll get the billionaires, if the laws are right and there’s enough funding to investigate ownership structures of large companies, and the relationships between different major shareholders.

Plus I don’t think anyone has hundreds of family members to hide away hundreds of billions.

Besides, you’d have to divide it before the company gets large enough for it to matter. If your company is worth 800 mill and you’re the only shareholder, selling off half to anyone for anything significantly less than the perceived value of the company, would be investigated as potential tax evasion.

I think a lot of people forget that tax authorities are supposed to look for these cases of hiding wealth. In many civilized countries, they do it for real.

permalink
report
parent
reply
2 points
*

You don’t see the difference between Al Capone, an open criminal who was known for peddling alcohol during prohibition (and probably a murder or three), and billionaires who have enough capital so that they’re basically under the jurisdiction of no individual nation? I’m not even talking about criminality, let’s take that element out completely… You still don’t see the difference between these people?

Also, you understand that the “taxman” is the IRS, right? And that Trump is going to pretty much defund them (probably leave just enough for him to target his perceived enemies).

permalink
report
parent
reply
0 points

So how come Jeff Bezos pays less tax than drag does?

permalink
report
parent
reply

memes

!memes@lemmy.world

Create post

Community rules

1. Be civil

No trolling, bigotry or other insulting / annoying behaviour

2. No politics

This is non-politics community. For political memes please go to !politicalmemes@lemmy.world

3. No recent reposts

Check for reposts when posting a meme, you can only repost after 1 month

4. No bots

No bots without the express approval of the mods or the admins

5. No Spam/Ads

No advertisements or spam. This is an instance rule and the only way to live.

Sister communities

Community stats

  • 13K

    Monthly active users

  • 2.8K

    Posts

  • 55K

    Comments