almost_genocide

@almost_genocide@lemmy.world

• ⁨Comment⁩ on ⁨East Asia⁩ ⁨⁨5⁩ ⁨days⁩ ago⁩:

  Remember, if you order the mushroom hot pot you have to wait a bit before eating it. Maybe you already know this but we didn’t and gave our server a heart attack. 😆 Fortunately we had only taken a couple bites so neither of us experienced ill effects.

• ⁨Comment⁩ on ⁨East Asia⁩ ⁨⁨5⁩ ⁨days⁩ ago⁩:

  It doesn’t.

  Housing is extremely affordable compared to here in the U.S. So is food, transportation and healthcare.

• ⁨Comment⁩ on ⁨The rich convinced us that taxing them is too complicated but everyday people can be taxed pretty easily⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  I honest to god used 10% as an idea of “ridiculously low tax”

  You live in a country that has 10% property tax rates?

• ⁨Comment⁩ on ⁨The rich convinced us that taxing them is too complicated but everyday people can be taxed pretty easily⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  Also? A new realization event should be defined: collateralization. When you take out loans against the value of your stock/bond/whatever holdings, you are realizing gains from those assets - you wouldn’t have gotten the line of credit otherwise.

  This is a pure red herring. County property assessors are a thing. We already have systems in place to address this concern.

• ⁨Comment⁩ on ⁨The rich convinced us that taxing them is too complicated but everyday people can be taxed pretty easily⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  Say you are taxed 10% on the value of all the stocks you own, this means you have to sell 10% of your stocks annually, and by selling stocks you make those stocks less valuable for everyone… so technically they should be taxed less because value drops down?

  Just a note, suggesting a 10% tax is pure fear mongering that billionaires and capitalists use to scare people. The average property tax rate in the United States is 1.1% so that’s a reasonable percentage to give. People don’t sell 1% of their home every year.

  Property taxes are a thing. Stocks are property.