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re: How bad is inflation and economic collapse about to be?
Posted on 4/28/21 at 2:10 pm to deltaland
Posted on 4/28/21 at 2:10 pm to deltaland
Beyond inflation there will also be US companies moving out of the U.S. to avoid the increase in corporate taxes. One of my best stocks has been Medtronics. They left the US and went to Ireland in the final year of Obama expecting more corporate taxes from the coming Hillary win.
I had to pay the tax bill of selling the stock even though I did not sell any of it. It just changed locations.
I had to pay the tax bill of selling the stock even though I did not sell any of it. It just changed locations.
1
Posted on 4/28/21 at 3:13 pm to Zach
quote:
I had to pay the tax bill of selling the stock even though I did not sell any of it. It just changed locations.
Forgive me if this doesn't sound like another Zach tall tale
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