Net worth taxes are stupid.

Just tax loans collateralized by stock as income, and give a deduction on the interest when they pay back the loan.

That’s currently the biggest loophole the wealthy use. They use their stock portfolios as collateral for loans, which are untaxed. Then as their portfolio grows they take out more loans to cover the old one and fund their lifestyle, or they liquidate some of their assets at the much lower capital gains tax to pay it back.

Just tax collateralized loans as realized gains and be done with it.

Gonna be real fun to see the crash test rating.

Without crumple zones, all of the kinetic energy goes into the occupants.

$5778 adjusted for inflation.

I mean, GREEN does stand for Getting Republicans Elected Every November.

The community is “malicious compliance”. It would only be a perfect fit for here if it were actually malicious compliance and not just a funny coincidence.

If you believe that there was any conversation like this at all, and it isn’t just some production line that places coupons at the same place on every box.

The difference is HBO is a media company that largely operates in the US, and Jon Oliver making fun of them isn’t going to hurt their business at all. Apple is a hardware company that also makes media. And selling hardware in China is critical to their business. Since the CCP owns China, they can get their panties in a twist and just ban Apple. Like they did with government devices.

As a publicly owned company they have a legal responsibility to maximize profit for shareholders. It’s the same reason why Twitter had to agree to the sale to Elon Musk and why they had to force it. It was a terrible move overall but since Elon was buying all outstanding shares and taking it private, the board literally had no legal choice but to take it since he was offering well over market value.

Public companies don’t get to take moral stands when there’s money on the line. They legally have to put shareholders first.