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re: Do you TRULY OWN anything?

Posted on 9/24/26 at 6:12 am to
Posted by RohanGonzales
Pronoun: Whatever
Member since Apr 2024
13162 posts
Posted on 9/24/26 at 6:12 am to
quote:


You sound poor


You sound stupid.
Posted by LSUtiger89
Baton Rouge
Member since Dec 2007
4772 posts
Posted on 9/24/26 at 6:20 am to
Yes you own it. But you don’t own the public uses and space. This is a dumb thread.
Posted by HoustonGumbeauxGuy
Member since Jul 2011
33850 posts
Posted on 9/24/26 at 6:42 am to
Yes
Posted by Bayou
Boudin, LA
Member since Feb 2005
43866 posts
Posted on 9/24/26 at 6:43 am to
Can I post pic of your wife?
Posted by udtiger
Over your left shoulder
Member since Nov 2006
117936 posts
Posted on 9/24/26 at 6:44 am to
quote:

I have a 1915-S US Five Dollar gold coin that my dad paid $85.00 for in 1973 and gave to me as my 12th birthday present.

He paid Sales Tax on that original transaction.

For the subsequent 53 years I have possessed that coin.

Do I “own” it?


Yes.

But you will owe taxes on the proceeds of the sale if you ever sell it.
Posted by 3D
NJ
Member since Sep 2013
1559 posts
Posted on 9/24/26 at 6:55 am to
u could sell that to a collector for cash, no one knows nuttin
Posted by coonass27
shreveport
Member since Mar 2008
4090 posts
Posted on 9/24/26 at 6:55 am to
quote:

When you die, somebody else gets your stuff.


And they get taxed for getting it and have to resume your tax payments
Posted by beaverfever
Arkansas
Member since Jan 2008
36403 posts
Posted on 9/24/26 at 6:55 am to
Gold has historically been stolen from US citizens by the government with the threat of imprisonment. So, you “own” it but not nearly as much as you own your gun. The hierarchy is pretty evident.

Bitcoin can actually be owned without that veiled implication of violence.

So in summary, you can own bitcoin and you can own a gun. And you can also own things that the gun allows you to own.
Posted by Gee Grenouille
Member since Jul 2018
8716 posts
Posted on 9/24/26 at 6:56 am to
quote:

Someone’s gotta pay for all the leeches on society.


Government employees?
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
12705 posts
Posted on 9/24/26 at 6:57 am to
quote:

Government employees?


Yes, that’s one subset of them.
Posted by Jack Bauers HnK
Baton Rouge
Member since Jul 2008
6092 posts
Posted on 9/24/26 at 7:09 am to
quote:

Pay your house/lans off you don’t own it. Stop paying yearly property taxes and they take your home/ land that “you own”.


If you have the means to defend and reject all attempts by anyone who would try to exercise authority over your land, then, sure, you own it and no one can make you pay anything for it. If you are enjoying the protection of a government and its attendant military, police and civil functions protecting the physical integrity of your land/house from any others who do not have the recognized ownership that you have, then that comes at a cost. You are subject to that sovereign and have certain responsibilities as a result. If you can’t meet those responsibilities, then your land will eventually be auctioned and transferred to someone who can meet those responsibilities (with you receiving the balance after taxes are paid, it’s not just taken from you without compensation).
Posted by Snipe
Member since Nov 2015
17408 posts
Posted on 9/24/26 at 7:10 am to
quote:

Do you TRULY OWN anything?


Debt.

Posted by BigWil 225
Nonya
Member since Aug 2026
7 posts
Posted on 9/24/26 at 7:10 am to
Nah... Don't get rid of these 3 things now. I've paid for them all my life and I want to use them when I'm eligible.
This post was edited on 9/24/26 at 7:14 am
Posted by HoustonGumbeauxGuy
Member since Jul 2011
33850 posts
Posted on 9/24/26 at 7:11 am to
quote:

Can I post pic of your wife?


Which wife?
Posted by brmark70816
Atlanta, GA
Member since Feb 2011
11507 posts
Posted on 9/24/26 at 7:12 am to
quote:

But you will owe taxes on the proceeds of the sale if you ever sell it.


Would you? Even if he got top value it would still be less than 2K. Most of these sales are private cash deals. I doubt him or anybody else would claim or report it. Maybe if he has it insured or something like that. But I don't see how it would come up..

I sold a couple dozen eagles a few years back and walked out with a couple grand. I just invested it in other coins..
Posted by OweO
Plaquemine, La
Member since Sep 2009
122690 posts
Posted on 9/24/26 at 7:12 am to
My dogs
Posted by East Coast Band
Member since Nov 2010
67161 posts
Posted on 9/24/26 at 7:19 am to
You own your house or car or boat if you have fully paid for it.
I, or anyone else, can't go take any of those from you without being arrested.

The government is just looking for ways to tax its citizens to pay for roads and services, etc.
Would it make a difference to you if they took away property taxes and just added the same to sales taxes and or income taxes?

Now, to question why all taxes are as high as they are, that's an entirely different subject that I bet we both agree on.
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