Subject: Re: Biden's billionaire tax rate fact checked

And this is where the left goes off the rails and veers into wealth taxes.

But Al has not gone off the rails and veered into wealth taxes, you have veered off.

ALL Which means that Biden is correct, in that billionaires generally don't pay very much tax on the money they've earned.

Dope: Language sleight of hand alert!

Sorry, I don’t grant this point.
Me. Here you veer off and make the claim that Al is claiming unrealized income is taxable income - see below


Dope: Unrealized income is not recognized as taxable income.

But Al never said anywhere in your conversation that unrealized income is taxable income. He's basically saying that "unrealized income" has the word "income" in it because we recognize it is "income" while it isn't taxable. He grants there are problems in taxing it.


Either we have fixed accounting rules or we don’t.

This is normal Dope. Mischaracterize/ misstate what the person you are talking to is saying, then grandstand om that mischaracterization/misstatement.