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Mamdanistan is showing the way forward (europe.pub)
submitted 4 months ago by to c/politicalmemes@lemmy.world
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(TikTok screencap)

Person in a locker room looking into the camera with the caption “ mamdani made taylor swift pay taxes in nyc and now the budget is balanced and there's universal childcare and this is why "but taylor donates to food pantries" will never be good enough. billionaires not paying their taxes is WHY working class people are reliant on food pantries, dumb dumb.”
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[–] 1 point 4 months ago (1 child)

Part of the reason we call some securities liquid, vs not, is that some can't easily be divided.

The govt can't easily take hold of 1.3% of someone's family mansion. Or a rare painting that they got hold of.

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  • [–] 3 points 4 months ago

    I don't think I've heard a definition of "security" that would refer to either of those examples. Perhaps "registered securities" is closer to my intended meaning?

    I would not intend for this tax to apply to personal assets or the owner's primary residence, but it is not particularly difficult to divide ownership of real property among multiple entities. Applied to investment properties, the government would basically be a lienholder.

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