Hacker News Reader

In the video attached to the article they mention the rich loan money and live off that. They don't explain how they are paying that loan.

https://youtu.be/8pBPZMUcsh0

I felt the article was not very inspiring since it emphasised the tax the rich pay in relation to their wealth not their income. Which is irrelevant. Of course they are not going to spend all their wealth and pay tax on it.

View on HN

>I felt the article was not very inspiring since it emphasised the tax the rich pay in relation to their wealth not their income. Which is irrelevant. Of course they are not going to spend all their wealth and pay tax on it.

They didn't though. They show how much they paid as a fraction of their increase in wealth over that period.

The real tax isn't calculated against total wealth wealth, but the increase in wealth over a fixed period.

Reply on news.ycombinator.com