Billionaires throw a fit at the idea of an annual wealth tax... but literally everyone else already pays one via property taxes (either directly as a homeowner or secondarily as a renter). The only reason securities aren't taxed the same is because that's where the rich keep most of their wealth.

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The IDF just detained the man who’s about to be elected US Congressman for NY’s 10th district, per his social media.

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Oh GOD please don't make me bsky's main character over this. It's just an explanation of convertible notes! I'm innocent I tell you!

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“The borrowing let Ellison keep his stock and avoid locking in taxable gains, and highlighted how billionaires often employ a strategy called ‘buy, borrow and die’ to retain their wealth without selling assets.”

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i'll be honest i thought PHP was like a drug they give horses

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