pat Posted March 3 Report Share Posted March 3 On 3/2/2026 at 1:28 AM, Titandan said: I think I listened to this specific podcast. Financial education should be mandatory for high school students (junior and senior year). But if redistribution of wealth becomes mandatory, do you think the rich folk will just pay it and stay or will they end up selling and leaving? And will it be an annual reoccurring tax on the wealthy? I guarantee a huge percentage of real estate investors will end up selling off for other assets unless they come up with other loopholes. Selling off real estate assets in mass at loss won’t happen, but if it did it would improve housing affordability which is good for most. Link to post Share on other sites More sharing options...
Fry Posted March 3 Report Share Posted March 3 Tax the Epstein Class. Link to post Share on other sites More sharing options...
reo Posted March 3 Author Report Share Posted March 3 2 hours ago, Titandan said: Only the ones that are taxes for unrealized gains will be affected. So you're saying the rich will only sell off the houses that are worth a high value amount? Then why do we care? They either drop in price/value b/c no one will buy them or they can't sell them. Either way, who cares? 2 hours ago, Titandan said: If you tax every house for unrealized gains, the poor people who buy a house will not even last a year. Gotta teach people financial education instead of living in envy of rich folk No one is proposing taxing “every house for unrealized gains.” That would obviously be unworkable and destabilizing. The discussions around unrealized gains have always been limited to ultra-high net worth thresholds... not middle-class homeowners building equity. Financial education absolutely matters. Budgeting, investing early, and compounding are powerful tools for personal mobility. I agree with that. But teaching a family how to move from paycheck-to-paycheck to stable investing is a different scale conversation than how multi-billion-dollar equity holdings are treated in the tax code. Those are two different magnitudes. Personal responsibility and system design aren’t opposites. You can believe in financial literacy and still have a debate about how capital compounds at extreme scale. Calling that envy skips over the structural question we were actually discussing. Link to post Share on other sites More sharing options...
reo Posted March 3 Author Report Share Posted March 3 21 minutes ago, Titandan said: I actually like the fact that you're being very intentional and practical about this. If only the super wealthy will be taxed, you must track all of their activity to ensure they pay (including other business entities and properties under family members' names although that sounds illegal). And yes, that should only affect the price of super expensive properties. I think we should normalize investing such as giving people their tax return in the form of an investment credit for a stock exchange or something like what Trump is doing with kids soon with his investment plan. https://www.irs.gov/trumpaccounts I know the majority of you guys hate Trump's guts but for the sake of the lower and middle class, I think this is a really good opportunity for them. I wish I had an opportunity like this and my parents set this up for me when I was a kid. But at the same time, I think the season of my life where I struggled financially was a crucial part of shaping me into who I am today. If I had everything handed to me, I can only assume I would treat money very differently. I got started in stocks pretty late in life. I remember when I first opened my first stock account with the now defunct Scottrade exchange. I had to haul my lazy ass to the local brick and mortar Scottrade store/center to open it and I think there was a minimum amount to open an account (At least $1,000 back then). Now anyone can open a Robinhood account with what? $1? Access to investing has never been more readily available. Compared to some of you, I'm sure my account is extremely modest. And of course, I don't like the fact that people like Baron Trump or Sasha Obama get a head start just because they happen to have rich parents. Anyone with $10 million in assets can sustainably live a semi-luxurious lifestyle in perpetuity. But as you probably know, privilege isn't always a blessing. I would love to get to the $10 million mark and put most of my focus on forming a healthy family (with kids God willing), taking care of my folk, and doing some charity work for causes I care about. My only pathway to this is investing more and more of my money. And I hope more lower/middle class people will get into investing as well. Personally, the journey has been really fun and I think breaking new financial milestones is really meaningful. And if I had to start all over again with a dollar, I'd do it again. I actually agree with a lot of what you're saying here. Financial literacy, investing early, and understanding assets vs liabilities are huge advantages that more people should have access to. The fact that it's easier to open an investment account today than it used to be is definitely a good thing. Where I think the conversation shifts a bit is scale. An individual learning to invest, build savings, and grow wealth over time is one layer of the economy. That’s the personal discipline side you’re talking about. But there’s another layer involving how wealth accumulates at extremely large scales... when you're talking about hundreds of millions or billions in appreciated assets. Those two dynamics aren’t really operating in the same universe. Someone building a $500k or even $5M portfolio through disciplined investing is playing a completely different game than someone whose wealth increases by billions in stock appreciation without ever needing to sell. Both things can be true at the same time: Financial education should absolutely be stronger. More people should invest and build assets. And it’s still reasonable to discuss how wealth compounds at extreme scale and how the tax system interacts with that. Those conversations don’t cancel each other out. And honestly, the goal should probably be what you’re describing... more people owning assets and participating in growth rather than fewer people controlling more and more of it. But the problem today is that the wealth and assets is accumulating at the top which means fewer people are able to own anything. That's what this chart actually shows. This chart shows that as the top gain more and more assets, the rest of us can't gain assets. Titandan 1 Link to post Share on other sites More sharing options...
Fry Posted March 3 Report Share Posted March 3 The Epstein Class is a luxury the rest of us can’t afford. Tax them at 100% or break out the guillotines. MadMax 1 Link to post Share on other sites More sharing options...
reo Posted March 4 Author Report Share Posted March 4 1 hour ago, Titandan said: How about a tier system in taxing capital gains? -Any investment w/ less than $100k doesn't get taxed for capital gains. -$100-499k taxed at 5% -$500k-999k taxed at 10% -$1-9.99 mill taxed at 15% -$10-49.99 mill taxed at 20% -$50-100 mill taxed at 25% -$100-999.99 mill taxed at 30% -$1 billion + taxed at 33% I still feel like the billionaires are going to do what the billionaires do.. but I'm all for incentivizing poor and middle class to access wealth ASAP. I actually think the tier idea you proposed is moving in the right direction. Capital gains are already tiered today (0%, 15%, and about 20–23.8% federally depending on income). The debate now is really about whether the very top end should be higher, because wealth compounds differently at that scale. Someone building a $100k–$1M portfolio through disciplined investing is operating in a completely different economic environment than someone whose wealth increases by hundreds of millions in stock appreciation in a year. That’s why some economists argue the top tiers should probably be higher than they are now. Not to punish investing, but to keep the system balanced as wealth concentrates at the extreme top. And I agree with your other point too... we should absolutely be incentivizing more lower and middle class people to own assets and invest. Expanding access to ownership while adjusting the very top tiers isn’t contradictory. They actually reinforce each other. Titandan 1 Link to post Share on other sites More sharing options...
pat Posted March 4 Report Share Posted March 4 "Tax the Rich" reo 1 Link to post Share on other sites More sharing options...
Starkiller Posted March 4 Report Share Posted March 4 3 hours ago, pat said: "Tax the Rich" Ask the rich to choose between “tax” or “eat” MadMax 1 Link to post Share on other sites More sharing options...
MadMax Posted March 4 Report Share Posted March 4 1 hour ago, Starkiller said: Ask the rich to choose between “tax” or “eat” Fuck that... let us choose. pat, Starkiller, and OILERMAN 2 1 Link to post Share on other sites More sharing options...
Number9 Posted March 5 Report Share Posted March 5 What percent of Americans have $15 million? While 18% of households are millionaires, the top 1%—with net worths of $13.7 million or more—hold wealth 225 times that of the average household, a gap that has widened since 1962. The top 10% own 76% of the nation's wealth, while the bottom 50% hold just 15% of total household income. ______-----______ Where do you think DEI recipients fit? That's the big problem right? If they redistribute all the DEI money paid to workers who qualify, then you will be better off. Do the people who benefited/benefit from workers just walking across the border have any responsibility to pay into the system that supports all of us-or are we responsible to set up Obama Care for them? Or should we not give a shit? Just hope more of them get the door shut to get any help? Figure it out. Link to post Share on other sites More sharing options...
reo Posted March 12 Author Report Share Posted March 12 5 hours ago, Titandan said: Washington State changes their income tax laws to tax wealthy folk and just like that Howard Schultz decides to relocate... But it's probably just a coincidence... Anecdotal evidence now? Show studies to back up your points, not some random person moving to the retirement capital of the US. Link to post Share on other sites More sharing options...
LongTimeFan Posted March 12 Report Share Posted March 12 On 3/4/2026 at 9:35 PM, Number9 said: What percent of Americans have $15 million? While 18% of households are millionaires, the top 1%—with net worths of $13.7 million or more—hold wealth 225 times that of the average household, a gap that has widened since 1962. The top 10% own 76% of the nation's wealth, while the bottom 50% hold just 15% of total household income. ______-----______ Where do you think DEI recipients fit? That's the big problem right? If they redistribute all the DEI money paid to workers who qualify, then you will be better off. Do the people who benefited/benefit from workers just walking across the border have any responsibility to pay into the system that supports all of us-or are we responsible to set up Obama Care for them? Or should we not give a shit? Just hope more of them get the door shut to get any help? Figure it out. Im changing my name to Top1Percent! CamsTitans 1 Link to post Share on other sites More sharing options...
reo Posted March 12 Author Report Share Posted March 12 (edited) 1 hour ago, Titandan said: Timing is impeccable though isn't it? Howard Schultz is hardly a random guy. But yes. Only one example. I don't care if he moves. His businesses are still there. Find actual studies that back up what you think, not anecdotes. So yes, he is a random guy in this instance. Edited March 12 by reo Link to post Share on other sites More sharing options...
Fry Posted March 12 Report Share Posted March 12 14 hours ago, Titandan said: Washington State changes their income tax laws to tax wealthy folk and just like that Howard Schultz decides to relocate... But it's probably just a coincidence... Oh no. Washington state will continue to not get taxes from him? And now Florida will continue to not get taxes from him? The issue isn’t Washington taxing the rich. The issue is fuckwit states like Florida letting these assholes get away with it. Link to post Share on other sites More sharing options...
Fry Posted March 12 Report Share Posted March 12 (edited) 7 minutes ago, Titandan said: Follow him to the ends of the earth and make him pay his fair share! He's one of yours anyway... Or just chop off his head. It’d only take dragging one of these assholes out into the street and shooting him on IG Live to get the point across. Edited March 12 by Fry Link to post Share on other sites More sharing options...
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