April 25, 20241 yr 1 minute ago, VanHammersly said: Something tells me it wouldn't effect renters. It would only apply to people with a taxable income of over $1M a year. affect
April 25, 20241 yr A tax on unrealized capital gains is stupid. But here's a pro-tip: If you've been complaining about Dollar Tree stores closing down, you don't need to worry about a tax on unrealized gains.
April 25, 20241 yr 1 hour ago, Kz! said: How does an announcement like this happen and not generate any discussion lmao
April 25, 20241 yr Yeah, really stupid. Often there isn't even any realistic manner in which to sell shares in a private company.
April 25, 20241 yr 1 hour ago, we_gotta_believe said: A tax on unrealized capital gains is stupid. But here's a pro-tip: If you've been complaining about Dollar Tree stores closing down, you don't need to worry about a tax on unrealized gains. This was going to be the year Zuker sold 500 million in Amway products!
April 25, 20241 yr 2 hours ago, VanHammersly said: Something tells me it wouldn't effect renters. It would only apply to people with a taxable income of over $1M a year. Do you seriously think there won't be a massive flight of high income taxpayers from the U.S. if this gets enacted?
April 25, 20241 yr 1 minute ago, Procus said: Do you seriously think there won't be a massive flight of high income taxpayers from the U.S. if this gets enacted? It'll never be passed, so it doesn't matter. As always, the budget's a PR pitch.
April 25, 20241 yr 5 minutes ago, VanHammersly said: It'll never be passed, so it doesn't matter. As always, the budget's a PR pitch. Let's hope so. It's a non-starter.
April 25, 20241 yr It would be massively unpopular even among a huge portion of Democrats - specifically the Democrats that spend a lot of money supporting candidates. Some kind of tax reform is likely going to come with a 2nd term though.
April 25, 20241 yr 19 minutes ago, JohnSnowsHair said: It would be massively unpopular even among a huge portion of Democrats - specifically the Democrats that spend a lot of money supporting candidates. Some kind of tax reform is likely going to come with a 2nd term though. Nope, it will be supported by the vast majority of democrats which is why it's being proposed.
April 25, 20241 yr 17 minutes ago, Kz! said: Wow who could have seen this coming? I agree, a crash is imminent. You should pull all your money out of the market immediately. All $250 of it.
April 25, 20241 yr 1 hour ago, we_gotta_believe said: I agree, a crash is imminent. You should pull all your money out of the market immediately. All $250 of it. I guess it makes sense to hope it all burns down when you’re a loser with nothing to lose.
April 25, 20241 yr 3 hours ago, vikas83 said: There's ZERO chance of this being passed. Thank God for that. Apparently, according to some of our supreme court justices, Biden can just put on a ski mask and personally steal the money without consequence.
April 25, 20241 yr 12 minutes ago, Gannan said: Apparently, according to some of our supreme court justices, Biden can just put on a ski mask and personally steal the money without consequence. As long as it was "official” business. 😬
April 25, 20241 yr Serious question for the conservatives in here, not the MAGA national socialists but the actual conservatives, when y’all supported appointing conservative SC Justices, did you ever imagine they’d be making full on naked authoritarian arguments like this?
April 26, 20241 yr 10 hours ago, VanHammersly said: Serious question for the conservatives in here, not the MAGA national socialists but the actual conservatives, when y’all supported appointing conservative SC Justices, did you ever imagine they’d be making full on naked authoritarian arguments like this? Which specific arguments are you talking about? I heard a few things from Alito that weren't surprising.
April 26, 20241 yr 4 hours ago, DrPhilly said: Which specific arguments are you talking about? I heard a few things from Alito that weren't surprising. Well, for starters, Thomas trying to draw some parallel between the President ordering a coup against his own country with him doing so against one of our enemies. Quote "In the not so distant past, the presidents or certain presidents have engaged in various activity, coups, or operations like Operation Mongoose, when I was a teenager, and yet there were no prosecutions. Why? If if what you’re saying is right, it would seem that that would have been ripe for, criminal prosecution of someone.” I realize we expect this kind of political gamesmanship from someone as partisan as Thomas, but it's a ridiculous-on-it's-face whataboutism (conflating a military/intelligence operation with a political attack on our own system), which is terrifying coming from the supreme law of the land while arguing a case that's essentially deciding whether or not the President is a king.
April 26, 20241 yr Just now, VanHammersly said: Well, for starters, Thomas trying to draw some parallel between the President ordering a coup against his own country with him doing so against one of our enemies. I realize we expect this kind of political gamesmanship from someone as partisan as Thomas, but it's a ridiculous-on-it's-face whataboutism (conflating a military/intelligence operation with a political attack on our own system), which is terrifying coming from the supreme law of the land while arguing a case that's essentially deciding whether or not the President is a king. Seriously, at this point Biden should just imprison Thomas in Gitmo as "an official act" for the good of the country.
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