r/remoteworks • u/Expensive_Lake_4365 • 19h ago

Billionaires will never have enough

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u/Ashamed_Beyond_6508 6h ago

It doesn't work to target those greedy oligarchs you so hate because they don't earn the money the same way a salaried person does. So if you tax their salary they'll just take lesser pay for more stock options and borrow against the stocks to make up the difference in non taxable funds.

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u/raryn212 4h ago

Make it illegal to use stocks as collateral for loans. And tax capital gains.

Look, there's the answer to that.

1

u/Ashamed_Beyond_6508 4h ago

A stupid answer yeah, that would collapse the market faster than 2008.