Comment by ceejayoz

2 days ago

> Because that would involve seizing assets?

Oh, are those real now?

Assets are real, but not the valuation of them. This sort of basic error, which seems to only appear on the "tax net worth" side, is good evidence that this is not a reasoned position, and thus you will not be reasoned out of it.

  • > Assets are real, but not the valuation of them.

    Valuing assets is a routine, widespread thing.

    You can't just handwave away the fact that the real world exists.

    • Not when it comes to share prices. Share prices change all the time. Why would they if we could value them perfectly? Just think about it a little.

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