this post was submitted on 24 May 2026
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Work Reform

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[–] almost_genocide@lemmy.world 1 points 1 month ago* (last edited 1 month ago) (1 children)

Securities would not be considered “real property”.

I'm not interested in what billionaires would consider "real property".

Stocks are property.

[–] Rivalarrival@lemmy.today 1 points 1 month ago (1 children)

I see. How does that particular distinction affect this discussion?

[–] almost_genocide@lemmy.world 1 points 1 month ago (1 children)

This is me pointing to the headline.

"The rich convinced us that taxing them is too complicated but everyday people can be taxed pretty easily"

Stocks are property. Easy.

[–] Rivalarrival@lemmy.today 1 points 1 month ago

Maybe I'm an idiot, but I am just not understanding the ramifications of your argument.

Yes, Stocks are property. They are a specific type of property: "intangible personal property".

That type of property is not currently taxed. I am describing a method in which that type of property will be taxed.

What does your distinction bring to the discussion?