this post was submitted on 30 Sep 2023

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Rich Americans are stiffing the taxman to the tune of $66 billion (www.motherjones.com)

submitted 2 years ago by [email protected] to c/[email protected]

13 comments fedilink hide all child comments

"Americans are rightfully concerned when very wealthy families use loopholes and accounting strategies to avoid paying their fair share," Wyden said. These people "didn’t even bother."

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[–] [email protected] 30 points 2 years ago* (last edited 2 years ago) (2 children)

washington state just had its first payments on its new 7% capital gains tax on all stock and commodity sales over $250,000.00.

of the 3100 people that paid the tax ... they paid out OVER $800,000,000.00 to washington state.

There are still ~2500 people that own have yet to file and pay in the state.

So ~6000 people are hoarding at least $1,500,000,000.00 in washington state alone. Billions just sitting there in the hands of basically a few thousand people.

Fuck your sales tax.

Tax the fuck out of the rich.

[–] [email protected] 7 points 2 years ago

Sounds like Washington state is at least doing something about it. Hopefully more states follow suit.

[–] [email protected] 1 points 2 years ago

Only found this source but looks like that is legit.

[–] [email protected] 24 points 2 years ago

Here's your daily reminder that when rich people talk about those on benefits as being lazy, feckless scroungers who just want to sponge off the hard work of others... it is 100% a projection.

[–] [email protected] 16 points 2 years ago (1 children)

I kind of feel like willfully cheating on your taxes should be punished the way you'd be punished for stealing from every single resident of the country.

Ok, it's 30 days community service for stealing a few hundred bucks... times 300 million people who were robbed. Get fucked, rich people.

I said willfully because our tax system is complicated and I don't want someone to get hanged because they legitimately didn't understand it.

[–] [email protected] 6 points 2 years ago

We shouldn't even be filing taxes. You should just receive a bill the govt calculates every year (with the data they already have), and then when you don't pay it they seize your assets.

The rich are rich because they have all the land and all the stuff built on top of that land. It's literally impossible to hide those. All of the stocks and derivatives and abstractions ultimately depend on real-world assets.

[–] [email protected] 10 points 2 years ago (1 children)

Cheaper to lobby some Republikan congressmen to underfund the IRS than to pay their fair share.

[–] [email protected] 5 points 2 years ago

This is the thing that really makes the GOP look nuts. Always talking about not enough money then they either cut taxes or refuse to fund the IRS to actually collect them from the biggest cheaters.

[–] [email protected] 10 points 2 years ago

No no, it’s the single parent living in their car who relies on food benefits.

Can we just call USA a kleptocracy now?

[–] [email protected] 1 points 2 years ago (2 children)

To the surprise of NO ONE! Jeeze Lueeze. IS Every ONE an idiot now? ~ haven't they been paying attention ~ all the WOW, GOTCHA moments that WERE ALWAYS THERE?! Suddenly they See?

[–] [email protected] 7 points 2 years ago (1 children)

You're acting like it's a bad thing to call this out. Is it?

[–] [email protected] 6 points 2 years ago

I think its less they think its bad and more they think its redundant. The problem is that not everyone has the same info they do, so spreading awareness (as you're doing) is highly beneficial. Even if its just old news to them.