this post was submitted on 10 Sep 2024
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A Boring Dystopia

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[–] Pyr_Pressure@lemmy.ca 15 points 2 months ago (1 children)

I don't think we should call these people billionaires if it is all reliant on the value of their stocks. If it ain't taxable it doesn't exist.

[–] Smoogs@lemmy.world 5 points 2 months ago

It might also get rid of the “I lost money” or call it theft if their stock plunges and then whine for bailouts for money they imagined they could have but never actually became theirs.