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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Dope1   😊 😞
Number: of 15053 
Subject: Re: Biden's billionaire tax rate fact checked
Date: 03/11/2024 6:35 PM
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But that's what anyone else would have to do. If I earn $80K working for my law firm, I don't get to invest it and get $80K worth of shares. I have to pay taxes on what I earned, which means I get to buy fewer shares.

So I'm punished for picking a different career choice, is that it?
When do we get to start nailing service employees for not reporting tips and/or paying taxes on them?

Why? Of course you've earned something. You now have $80K more worth of assets than you did before. Whether you sell it or not, you've still had $80K worth of earnings on your investments. You would never act as though you hadn't had any investment earnings - you would never sell (or barter or trade) those shares for zero value.

Paper assets /= cash. It all comes down to that.
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