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re: How much wealth do you need to join the 1% club in your country?

Posted on 2/29/24 at 11:22 am to
Posted by fareplay
Member since Nov 2012
5181 posts
Posted on 2/29/24 at 11:22 am to
He paid the most because he earned the most (in some years) but it wasn’t proportional to his wealth

Also short term cap gains only applies to poorer people. Wealthy would hold
This post was edited on 2/29/24 at 11:25 am
Posted by lsu777
Lake Charles
Member since Jan 2004
32544 posts
Posted on 2/29/24 at 11:38 am to
quote:

Also short term cap gains only applies to poorer people. Wealthy would hold



dumbass if he holds he hasnt made anything...its called UNREALIZED for a reason

so you want him to pay taxes on something he hasnt made a profit on yet? what happens if the stock tanks before he takes the profit....the government gonna give the money back?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
32160 posts
Posted on 2/29/24 at 11:47 am to
quote:

He paid the most because he earned the most (in some years) but it wasn’t proportional to his wealth



No shite. Please tell me you know the difference between income and wealth.
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