I left a voicemail demanding his resignation. Wtf else can we do? He’s not up for reelection until 2030. These fuckers, as usual, can betray us with no repercussions. And they know it.

If it was a win, everyone would have voted for it. They would have declared victory. They would not have quietly done this on a Sunday with the minimum votes so most of them could have plausible deniability.

Nope.

That’s a non argument. The VAST majority of wealth we are talking about is in equities which absolutely have a clear price. All that other stuff is noise to confuse the point. You really think the wealthy will put all their money in art that has no intrinsic value? And wait a sec, even if they did, what did they just pay for it? That seems like a perfectly valid basis for tax.

None of these values are ever perfect. The point is, we pay a small percentage of our assets every year, but the wealthy have convinced us they couldn’t possibly. Most don’t even “own” anything, it’s all under tax and liability protected companies.

This is what bothers me. We say it’s impossible to do for the wealthy like this. Yet we regular folks get taxed like this every year. Property taxes. We have to pay for the illiquid shit we own, but it’s impossible for the wealthy?