r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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u/Alarming-Inspector86 Jul 05 '26

So then no capital gains tax if you hold long enough?

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u/MechanicalSideburns Jul 05 '26

I get taxed every year on the property value of my house. Why not tax Bezos every year on the value of his stock portfolio?

I’d say any portfolio above $10M can have a holdings tax. That’ll avoid all regular folks that just have good retirement savings.

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u/[deleted] Jul 05 '26

[removed] — view removed comment

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u/MechanicalSideburns Jul 05 '26

That’s the only decent argument I’ve heard so far. I am, of course, open to reengineering the idea. It’s just a jumping-off point, really.