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Started By
Message
re: Unrealized capital gains 101
Posted on 8/24/24 at 2:56 pm to Sao
Posted on 8/24/24 at 2:56 pm to Sao
quote:
Will never happen. Not a chance in hell.
Yeah cause she'll lose based on her retarded economic proposals but don't hold your breath for our retarded countrymen (Reeeeeeeee) to do the right thing.
Posted on 8/24/24 at 2:57 pm to hawgfaninc
What if I just sell Cocaine instead? 

Posted on 8/24/24 at 2:58 pm to The Boat
Democrats are just as in bed with Wall Street as Republicans. I agree that it won't happen, but I'm almost as concerned that roughly half of the country would support it 

This post was edited on 8/24/24 at 2:59 pm
Posted on 8/24/24 at 2:59 pm to Corinthians420
quote:
You should've included the part where this law only applies to households worth $100+ million for transparency. The law is still just as dumb but the way u have it posted now is kinda dishonest
You do realize that if the people with high net worth stop playing the market because it's effectively a loser for them it fricks us as well, right?
Posted on 8/24/24 at 3:00 pm to The Boat
quote:
Yeah cause she'll lose based on her retarded economic proposals but don't hold your breath for our retarded countrymen (Reeeeeeeee) to do the right thing.
I don't see her path to winning at all, either. But on the chance she does, she's not fricking over the rich as they like to boast.
Posted on 8/24/24 at 3:00 pm to jmorr34
quote:
You worth 100mil baw?
Right. And, income tax was only going apply to the top 3% and they had to be from northern states.
Posted on 8/24/24 at 3:01 pm to VABuckeye
quote:
You do realize that if the people with high net worth stop playing the market because it's effectively a loser for them it fricks us as well, right?
I do, but do you think if they take it out of the market they aren't gonna invest it somewhere else like investing in businesses/creating jobs?
I thought that was the entire principle of trickle down?
This post was edited on 8/24/24 at 3:02 pm
Posted on 8/24/24 at 3:01 pm to HempHead
quote:
What if those unrealized gains are used as collateral against a favorable loan of large proportions?
That specific scenario is the only one in which it could make any sense.
The interest in the loan is causing income.
Posted on 8/24/24 at 3:01 pm to Corinthians420
quote:
You should've included the part where this law only applies to households worth $100+ million for transparency. The law is still just as dumb but the way u have it posted now is kinda dishonest
And the income tax was supposed to be only 1%
Posted on 8/24/24 at 3:02 pm to hawgfaninc
Nice lesson. Wont happen. Market would crash. Dumb Kamela
Posted on 8/24/24 at 3:04 pm to hawgfaninc
I have no doubt they are coming for the individual investor over time. This is their pathway.
Question I have is, what about hedge funds? Would something like this apply to them?
Posted on 8/24/24 at 3:04 pm to rattlebucket
quote:
Wont happen. Market would crash. Dumb Kamela
exactly
Posted on 8/24/24 at 3:04 pm to hawgfaninc
All the members of Congress would be screwed; unless they get an exception on that one too.
Posted on 8/24/24 at 3:05 pm to hawgfaninc
What about unrealized losses? Will I get a tax break for those?
Posted on 8/24/24 at 3:06 pm to cptigger
quote:
Question I have is, what about hedge funds? Would something like this apply to them?
Yes, technically hedge and PE can do that already if they want. Shocker, but nobody elects it.
Posted on 8/24/24 at 3:07 pm to hawgfaninc
All I can add is frick taxes and frick this gay government.
Posted on 8/24/24 at 3:09 pm to RougeDawg
quote:
All the members of Congress would be screwed; unless they get an exception on that one too
Just how many members of Congress do you think have a net worth over $100 million? I expect it's a very, very small number.
Posted on 8/24/24 at 3:10 pm to Corinthians420
quote:
When shite like gamestop happens it becomes apparent that any money we make off of it is just happenstance
The funny thing is that GME was the little guy fricking over the hedge funds. They were allowed to short more than the float which created the ultimate squeeze.
Posted on 8/24/24 at 3:10 pm to whiskey over ice
quote:
Thanks for mansplaining “pay your fair share”
Are you retarded
Posted on 8/24/24 at 3:13 pm to hawgfaninc
To all the jackasses saying it's only for households making $100 million, every tax policy ever conceived has always started taxing the top and always trickles down to the middle class and ends up fricking us.
This will be no different.
This will be no different.
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