Mamdani, the presumptive Democratic nominee to be the next mayor of New York and a self-identified democratic socialist, said Sunday billionaires contribute to inequality.
As far as I’ve understood, billionaires typically don’t have a billion liquidized and ready for spending. Rather, their value is distributed in ownership of several companies. How would the 100% taxes on ownership in companies be applied?
If you can leverage assets to apply for a loan to buy twitter, then you can levarage assets to pay your taxes.
If you can leverage assets to apply for a loan to buy twitter, then you can levarage assets to pay your taxes.