364
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 20 Jun 2024
364 points (98.4% liked)
A Boring Dystopia
9544 readers
306 users here now
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
founded 1 year ago
MODERATORS
You're misunderstanding how their wealth is distributed. By and large, they're not directly owning the land and paying taxes. They just own significant stakes in the actual companies holding property. I'm sure they own a house or three, but it's not significant compared to their other assets.
I'm not taking a position on whether property taxes are good. I think they are. I'm just pointing out the discrepancy.