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Posted on 10/20/26 at 11:55 am to sledgehammer
quote:
Expected to run out of money in the 4th quarter of 2032. Major crisis incoming.
They'll have to pull money from the general fund. Which also means benefits would be reduced every time there's a shutdown.
Posted on 10/20/26 at 11:56 am to dickkellog
quote:
yeah they don't tax unrealized gains in europe either. what made you think they did?
Maybe because of this?
"The Dutch House of Representatives passed the Actual Return in Box 3 Act in February 2026, which aimed to tax annual unrealized gains on stocks, bonds, and cryptocurrencies at a flat 36% starting January 1, 2028."
They've backtracked on it recently after an outrage, but they certainly aren't done with the idea, this was just the first push.
Posted on 10/20/26 at 11:59 am to el Gaucho
quote:
You kinda reap what you sow on this one
Not a boomer.. but yeah regardless of how we got here, why would anyone vote for the party thats gonna make it harder to keep any money.
Trump hasnt helped with the iran decision but everyone was saying that whoever got in office this time would be facing a huge uphill battle with the economy.
Posted on 10/20/26 at 12:01 pm to LChama
Been hearing this since Clinton
Posted on 10/20/26 at 12:01 pm to dickkellog
quote:
yeah they don't tax unrealized gains in europe either. what made you think they did?
That's not true. Some do, and some are passing laws to do just that.
Posted on 10/20/26 at 12:01 pm to sledgehammer
quote:
Expected to run out of money in the 4th quarter of 2032. Major crisis incoming.
It ran out of money decades ago.
Posted on 10/20/26 at 12:04 pm to captron
I so wish I could opt out of SS. Let me handle, save, and invest my hard earned money my way instead of handing it over to the government to squander away.
Posted on 10/20/26 at 12:05 pm to LChama
quote:
Only for two more years dawg
Is Vance/Rubio conceding to AOC already? She is the only Democrat candidate that would support that legislation. Maybe Pete, but i doubt it. Newsom would never sign that.
Posted on 10/20/26 at 12:09 pm to LChama
Maybe once the Dems take money from the rich people the Trumpflation will go down
The boomers basically overlook how some greaseball like Dave portnoy has put every boy under 25 into debt sports betting or mark zuckerberg has turned every woman into a prostitute and say like “no this is great. Send consuela in here to give me my sponge bath”
The system has to be shaken up to fix itself and if I get sent to the fema camp I’m ok with it
The boomers basically overlook how some greaseball like Dave portnoy has put every boy under 25 into debt sports betting or mark zuckerberg has turned every woman into a prostitute and say like “no this is great. Send consuela in here to give me my sponge bath”
The system has to be shaken up to fix itself and if I get sent to the fema camp I’m ok with it
Posted on 10/20/26 at 12:10 pm to el Gaucho
quote:
Boomers have all the unrealized gains and they voted to let women vote and bring in foreigners
the 19th amendment passed in 1920 the first boomer wasn't born until 1946, i know you think you're clever and funny, but your not you come across as just plain stupid.
Posted on 10/20/26 at 12:11 pm to dickkellog
quote:
but your not you come across as just plain stupid.
Never fails.
Posted on 10/20/26 at 12:12 pm to sledgehammer
quote:
I so wish I could opt out of SS
Trump is bringing in h1bs to save social security
The h1bs will pay in and a lot of them will go back to India after 10 years or so
5d chess amirite
Posted on 10/20/26 at 12:12 pm to dickkellog
It’s a schtick, and it’s a terrible one.
Posted on 10/20/26 at 12:13 pm to dickkellog
quote:
your not you come across as just plain stupid.
Ahem
Posted on 10/20/26 at 12:15 pm to Bigdawgb
They won’t implement a wealth tax until they grant blanket amnesty and citizenship to millions of immigrants thereby negating anything conservative voters could do. You fools are naive, just like Democrats won’t nuke the filibuster
Posted on 10/20/26 at 12:16 pm to Bard
quote:
They'll need to stack SCOTUS first because the Apportionment Clause (Article I, Section 9, Clause 4) states that
quote:
No Capitation, or other direct, Tax shall be laid, unless in Proportion to the Census or Enumeration herein before directed to be taken.
An income tax is a direct tax, thus the 16th Amendment was needed to tax income. Unrealized gains are not income, thus it would be a direct tax and thus it is completely unconstitutional without either a new Amendment allowing it or a SCOTUS so heavily stacked and skewed that we might as well revolt if such a Court were to rule an unrealized gains tax constitutional.
They will revise the Tax Code to include unrealized gains in the definition of "income"
Posted on 10/20/26 at 12:17 pm to jizzle6609
quote:You'll realize them even more ...
What about unrealized losses?
Posted on 10/20/26 at 12:20 pm to jizzle6609
They’ll give you break and only tax those 25%.
Posted on 10/20/26 at 12:28 pm to 10thyrsr
quote:
What about property tax?
Need to follow Real estate mindset on YouTube. They have a case going to Federal court about how they’ve artificially jacked up property values, unconstitutionally, to fund schools and other municipal endeavors, threatening the ability of people to stay in their houses, especially retired, fixed income Americans. The counties come up with a number they need to run the schools, build new stadiums, etc, then the central appraisal districts will increase the housing price estimates and tax people accordingly… they have the goods, just needs the courts to shut the illegal practices down
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