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re: New billionaire's tax plan aimed at the 0.0002%
Posted on 10/25/21 at 1:21 pm to LSUconvert
Posted on 10/25/21 at 1:21 pm to LSUconvert
quote:It was your (apparent) claim
You can't be serious?
This post was edited on 10/25/21 at 1:23 pm
1
Posted on 10/25/21 at 1:23 pm to Taxing Authority
quote:
It was your claim
You really don't understand how expenditures can increase your wealth? This isn't a troll?
Posted on 10/25/21 at 1:24 pm to LSUconvert
quote:In general, yes. But paying taxes is not equivalent to purchasing a productive asset. Literally the opposite.
You really don't understand how expenditures can increase your wealth?
I could go get thousands of dollars in $100s and light them on fire. I’d have spent a lot of money. Now tell me how my wealth increased from thst.
quote:Kinda wondering the same thing.
This isn't a troll?
This post was edited on 10/25/21 at 1:26 pm
Posted on 10/25/21 at 1:25 pm to Taxing Authority
quote:
In general, yes.
I'm glad we agree, then. Not sure what you were laughing at.
Posted on 10/25/21 at 1:27 pm to LSUconvert
quote:We do not. taxes are not a productive asset. As I edited and will repeat for you…
I'm glad we agree, then
I could go get thousands of dollars in $100s and light them on fire. I’d have spent a lot of money. Now tell me how my wealth increased from thst?
quote:
Not sure what you were laughing at.
Your lack of understanding is become less surprising with each post.
This post was edited on 10/25/21 at 1:28 pm
Posted on 10/25/21 at 1:27 pm to Taxing Authority
quote:
We do not.
So you still need an explanation on how expenditures can increase your wealth?
If you haven't figured that out by now I don't think there's any helping you.
Posted on 10/25/21 at 1:30 pm to LSUconvert
quote:You said “now do taxes”. Not any generic expenses. You still have not touched that. I don’t blame you.
So you still need an explanation on how expenditures can increase your wealth?
quote:
If you haven't figured that out by now I don't think there's any helping you.
Don’t need any Posted on 10/25/21 at 1:35 pm to LSUconvert
quote:
So you still need an explanation on how expenditures can increase your wealth?
If you haven't figured that out by now I don't think there's any helping you.
You are fighting for minutia, and clearly losing the point. Yes an expenditure can increase your wealth, but not all expenditures have the same effect.
Purchase a bulldozer to clear land for money or purchase a weedeater to trim the grass around the sign in front of your business. One generates additional revenue. One is just an expense. Tax is less productive than the weedeater.
Posted on 10/25/21 at 1:54 pm to BlackAdam
quote:
Yes an expenditure can increase your wealth
Then why would I need to explain that? Why would anyone who has even a basic understanding of what we're talking about here need anyone to explain that?
Posted on 10/25/21 at 1:57 pm to LSUconvert
quote:
Then why would I need to explain that
quote:
K now do taxes.
Posted on 10/25/21 at 1:58 pm to TrueTiger
quote:Literally 0% chance of passing.
New billionaire's tax plan aimed at the 0.0002%
Posted on 10/25/21 at 1:59 pm to Taxing Authority
quote:
K now do taxes.
and you got that wrong too.
Posted on 10/25/21 at 2:00 pm to TrueTiger
well yeah if it's between them and me, I want them to pay it and not me. I'm merely a thousandaire.
Posted on 10/25/21 at 2:03 pm to LSUconvert
quote:
Then why would I need to explain that? Why would anyone who has even a basic understanding of what we're talking about here need anyone to explain that?
You're crawfishing pretty hard bud. If it was me, I'd go with the "you didn't build that" argument saying he's getting benefits from paying taxes such as roads and an educated populace. I still disagree, but it's better than pretending you didn't say something when it's literally typed out.
This post was edited on 10/25/21 at 2:04 pm
Posted on 10/25/21 at 2:09 pm to Zach
quote:
Hmmm, 24 men and a woman who inherited it from her husband Sam.
Dad Sam but point still valid. Also the ex-Mrs. Bezos
Posted on 10/25/21 at 2:18 pm to TrueTiger
quote:All they need is a crack in that door to kick the whole thing in.
tax plan aimed at the 0.0002%
The Feds need to interlope on the pending $68T Great Wealth Transfer from SG/Boomers => GenX/Millennials.
Make no mistake: THAT IS THE GOAL!
A $68T Honeypot is just too tempting to Uncle Sam. He's going to try to steal it.
The first objective is assessing where the honeypot wealth and unrealized Cap Gains actually lie. Then it's the ole Taxin' Two-Step.
Step One: Audit YOUR savings/wealth under auspices of supposedly targeting the 0.0000000000000000000000000002%, or whatever the f*ck they claim they are doing.
Step Two: Use the assessments of YOUR savings/wealth to target YOUR savings/wealth in future years.
This post was edited on 10/25/21 at 2:19 pm
Posted on 10/25/21 at 2:19 pm to TrueTiger
I'm glad I'm not trying to figure out the cluster frick that will be taxing unrealized gain/loss of non-public traded investment vehicles.
Posted on 10/25/21 at 2:23 pm to LSUconvert
quote:Its a copy paste of your post.
and you got that wrong too.
Fell free to explain how paid-in-capital is similar to paying taxes. You’ve had ample opportunity. You can do it any time you like.
But I wil say I admire your dedication to being wrong.
This post was edited on 10/25/21 at 2:25 pm
Posted on 10/25/21 at 2:23 pm to RogerTheShrubber
quote:
Do you have some kind of issue with that?
You don't think people should get the government they want?
You didn't follow the exchange correctly (at least up to this point). I'm the one making that argument. The Taxauthority dude is the one arguing against it. He's simping for the wealthy because that's the role the Left has assigned him, whether he realizes it or not.
Posted on 10/25/21 at 2:25 pm to Jcorye1
quote:This is not about taxing the wealthiest US multibillionaires.
I'm glad I'm not trying to figure out the cluster frick that will be taxing unrealized gain/loss of non-public traded investment vehicles.
It is about forcing you to reveal the entirety of your savings to the IRS.
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