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submitted 1 year ago* (last edited 1 year ago) by Allonzee@lemmy.world to c/microblogmemes@lemmy.world

Did I say mandatory? I meant optional! You're "free" to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

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[-] Maggoty@lemmy.world 2 points 1 year ago

No they actually can't. In stocks the price is publicly listed by a third party. In real estate an assessor gets involved. For commodities like cars they have to be unique or nearly so before there isn't a third party listing it's value.

For edge cases, especially large real estate, we could always make a second law, one that says the government can buy your building at the value you gave the IRS if it's significantly below market rate on dollars per square foot for it's type (office, industrial, residential, etc), or that it's represented as a higher value in investment reports or bank loans. We'll frame it as a bail out, helping them offload toxic assets. Then the government sells the building on the open market. That way when someone like Trump decides his buildings are suddenly worth less than all of the surrounding buildings we can keep him from going bankrupt again.

[-] Goodie@lemmy.world 3 points 1 year ago

https://www.propublica.org/article/trump-fraud-ruling-property-valuation-michael-cohen

A former sitting president has been indicted, if not convicted of this very crime. You'll have to excuse me if I don't believe it's that uncommon.

[-] Maggoty@lemmy.world 2 points 1 year ago

It took literal decades and the magnifying glass of running for public office. I'm not comfortable with that being the standard.

[-] Goodie@lemmy.world 1 points 1 year ago

It is the standard. Now. Currently.

If you don't like it, might I suggest a guillotine or several. Worked for the French.

[-] Maggoty@lemmy.world 2 points 1 year ago

Or, we could pass a law changing that standard.

this post was submitted on 19 Sep 2024
1599 points (96.8% liked)

Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

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