LogFAQs > #947770876

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Topic	YR: Biden announces a 100% net worth tax on net worth over $133 billion
Theon_Greyjoy 11/30/20 2:57:01 PM #17:	Tyranthraxus posted... So since my debt is part of my net worth does that mean my debt gets taxed if it's over $133 billion? Not sure I understand the question. If your assets are worth $200 billion and your liabilities are $75 billion, your net worth is only $125 billion. --- EndOfDiscOne <cite>Theon_Greyjoy posted [p:947770876] in YR: Biden ... [t:79144736]...</cite> <quote>Tyranthraxus posted... </cite> <quote>So since my debt is part of my net worth does that mean my debt gets taxed if it's over $133 billion?</quote>Not sure I understand the question. If your assets are worth $200 billion and your liabilities are $75 billion, your net worth is only $125 billion. --- EndOfDiscOne</quote> ... Copied to Clipboard!
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