You didn't really highlight how any of this is a problem? Yes, if you sell some of your assets, whatever kind, to pay for taxes then you'll have less assets in the end. That's literally how taxes work.

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kshri24 2 hours ago | parent | next [-]

You are not selling Assets but Stocks. Stocks come under Equity not Assets.

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Etheryte 2 hours ago | parent [-]

We are talking about people here, not corporate accounting. Stocks are financial assets.

	▲	kshri24 2 hours ago \| parent [-]
		Stocks are still owned by people who have a stake in the company. They are not owned by the company. Edit: Again, stocks are not financial Assets.

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newsclues an hour ago | parent | prev [-]

Why start a business in this sort of economic environment?

Work hard, so that the government can redistribute your success?

Or you have the problem of businesses slowly losing their owners, who then stop caring about their clients or community.

What is the result of these taxes? Where does the money go? Does it lead to more economic activity or less?

	▲	angusturner an hour ago \| parent \| next [-]
		The phrase "your success" is doing a lot of heavy lifting here. You understand that billionaires don't make money from labor right? They get their money from rents and the return on capital. Roughly 5-7% per year, compounding, risk free, for perpetuity.
	▲	adwn an hour ago \| parent \| prev \| next [-]
		> Why start a business in this sort of economic environment? Why take on a job when you have to pay income tax? Because you'll still have much more left over than if you didn't. And this answers your question: because you'll still have much more left over than if you didn't start a business.
	▲	vrganj an hour ago \| parent \| prev [-]
		Why do anything in life?