Egregoros

Wealthy people take personal loans out using assets as collateral to pay like 5% interest instead of taking a salary and getting taxed 40%. The way to fix this is not to tax capital gains, which will fuck over anyone who holds any asset at all and will literally never happen so don’t worry about it too much. But you could also just tell banks and billionaires to cut that shit out. We know they’re doing it and we can see it so if jeff bezos or something says he took out a $10 million personal loan this year you tell him to pay 4 of it to the state or we’ll fucking kill you. It’s not hard to fix the problems we have.