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Posted on 4/22/21 at 1:23 pm to RebelExpress38
Why am I losing money today? They said only the super wealthy would be affected.
Posted on 4/22/21 at 1:24 pm to RebelExpress38
All income should be taxed the same and taxed once. That would end a lot of the issues with taxes. Dividends taxed one way, Passive this way, Rental like this, W-2 like this, Capital gains like this....
Posted on 4/22/21 at 1:26 pm to RebelExpress38
What's it gonna be for the normies?
Posted on 4/22/21 at 1:27 pm to ninthward
quote:
so this will kill the housing market right?
Does the government need to ensure the housing market stays this hot?
Posted on 4/22/21 at 1:30 pm to Leonard
quote:Temporary loss until people realize this 'crash' never even got down to the lows of yesterday, then it'll go back up and you'll be fine
What's it gonna be for the normies?
Posted on 4/22/21 at 1:30 pm to lsu13lsu
quote:huh?
Does the government need to ensure the housing market stays this hot?
Posted on 4/22/21 at 1:39 pm to RebelExpress38
The truly wise wealthy will find a way to avoid it.
This post was edited on 4/22/21 at 1:40 pm
Posted on 4/22/21 at 1:39 pm to RebelExpress38
Taxes will be used for infrastructure. Buy IEA to protect yourself
Posted on 4/22/21 at 1:45 pm to TDsngumbo
quote:
The truly wise wealthy will find a way to avoid it.
The super rich don’t sell their assets anyway.
(so yea you’re right)
Posted on 4/22/21 at 1:46 pm to RebelExpress38
How was this not already baked in? Is Wall st surprised? It's just an article not even a policy announcement or proposed legislation. Yellen's comments about mark-market for capital gains are much more concerning. That would be game changing.
Posted on 4/22/21 at 1:48 pm to lsu777
is this going to be retroactive to all of 2021
Posted on 4/22/21 at 1:49 pm to RebelExpress38
Hopefully that changes by the time I'm a millionaire 
Posted on 4/22/21 at 1:51 pm to boogiewoogie1978
quote:
He said he would do this. Surprised its not 50%
He said he would try. This isn’t going to happen. Good buying opportunity.
Posted on 4/22/21 at 1:53 pm to rocket31
quote:
is this going to be retroactive to all of 2021
If it passes, the thoughts are it would be retroactive, which is why the sell off makes even less sense.
Posted on 4/22/21 at 1:54 pm to ninthward
quote:
so this will kill the housing market right?
Glad I am closing next week on the sale of my condo. Going to rent for a bit and do a 'reset' and see that the market brings
Posted on 4/22/21 at 1:55 pm to ninthward
quote:
so this will kill the housing market right?
How?
Posted on 4/22/21 at 2:07 pm to rocket31
quote:
is this going to be retroactive to all of 2021
BETTER frickING NOT BE!!
I mean Im good, i havent made nearly that much this year but I can not stand retro active shite. its bullshite.
play by the rules, then they change them...frick them!!
these mother frickers are going to make me start running tails and go back to simulating tumbles on all my crpto purchases. I am all about paying my taxes on crypto, but im not paying fricking 43%!!!
Posted on 4/22/21 at 2:07 pm to Leonard
quote:
What's it gonna be for the normies?
That's next on the menu.
Posted on 4/22/21 at 2:10 pm to 21JumpStreet
quote:
Hopefully that changes by the time I'm a millionaire
With hyper inflation, that could be sooner than we all think.
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