| ▲ | ceejayoz 5 hours ago | |
> does not count the taxes paid by the companies these people owned Why should they? Should I get to count the taxes paid by my local water treatment plant workers because I shit in the toilet? > nor does it imagine the financial benefits to say California teachers or firemen who co-own the companies through pension funds They get taxed on that! | ||
| ▲ | vessenes 5 hours ago | parent | next [-] | |
> They get taxed on that! The funds don't get taxed on unrealized gains. Nor do the pensioners. They do get taxed on spendable income they get out of the fund's investments, just like the other owners of the company. > [Should we look at the benefits to society of corporations paying taxes?] I think so. | ||
| ▲ | john_strinlai 5 hours ago | parent | prev [-] | |
if you havent noticed yet, you are talking with someone who owns a private equity fund and, apparently, has "lost more than $1bn twice". in other words, you are talking to someone in the stupid-wealthy class. you are not going to convince them of anything -- especially not that billionaires should pay more. its like trying to convince Jon Moore (Phillip Morris USA CEO) that cigarettes should be banned. | ||