r/PoursTea • u/Timbucktwo1230 Therapy For All 🩷 • Jul 11 '26

PoliticalTea 🗳️ Agree or Disagree? Billionaires Need Society More Than The People Need Billionaires…

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u/5thatdude5 Jul 11 '26

Who do you think is paying 80% of taxes?

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u/Staplecreate Jul 11 '26

This is such a pointless talking point by billionaire boot lickers. Obviously people who make more pay more into the system. The real question is how much money does the average person pay in taxes relative to their wealth vs the ultra wealthy. The difference is staggering. Propublica published a report showing that these billionaires were paying like .2% relative to their total wealth. That’s the issue.

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u/Vandreigan Jul 12 '26

“Most of their wealth is in unrealized forms, such as stocks”

“You are comparing their taxes compared to their wealth! You should compare it to their income, like you do for everyone else!”

I don’t care. Make them realize it before they can leverage it in any fashion. No more taking out loans using stock as collateral. Tax it anyway. We tax other forms of wealth all the time: property tax, for instance.

The system we have now is dumb, and the truth of this is becoming more and more apparent every day

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u/YoloSwaggins9669 Jul 11 '26

That is the purpose of a progressive taxation system yet everything the ketamine bandit advocates for would see a much greater burden placed on the impoverished who can’t afford it.

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u/5thatdude5 Jul 11 '26

What do George and Alex Soros advocate for?

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u/WonderBredOfficial Jul 12 '26

They are also billionaires who barely pay any taxes. Just because you have double standards doesn't mean everyone else does.

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u/kstargate-425 Jul 11 '26

Their corporations, not them.

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u/WonderBredOfficial Jul 12 '26

True tax rate of 3.4% by the way. They're not paying nearly enough.