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rltiger
| Favorite team: | LSU  |
| Location: | Metairie |
| Biography: | |
| Interests: | |
| Occupation: | Retired |
| Number of Posts: | 2518 |
| Registered on: | 10/1/2004 |
| Online Status: | Not Online |
Recent Posts
Message
quote:
Wealth taxes don't work, but a few things I'd do if I could wave a magic wand without having to go into details:
quote:
1. Raise capital gains tax on high amounts of capital gains (meaning amounts well past "frick you" money).
Decreases the incentive to invest, people would hold on to assets to avoid paying higher taxes. Market would crash and business would suffer, ironically making the people initially targeted wealth to decrease below the government threshold, leading to a lot less collection.
quote:
2. Simplify tax code to disincentivize gaming the system to lower what someone should be paying under (1) above.
A flat, fair simple tax code would be welcome by all, but you can’t target and punish a group to money grab. They will move their money elsewhere.
quote:
3. Pass a constitutional amendment that allows the federal government and state governments to heavily restrict "political speech" aka lobbying, bribery, and buying elections/votes.
Never going to happen.
quote:This is already in place. By changing this, you would be selectively targeting people and that action would greatly devalue company stock, lower or eliminate dividends, hurt employees and cause downsizing.
4. Revamp anti-trust law to make it easier to break up entities and force individuals to divest when each holds too much influence or power in the market.
quote:
To me it matters less how much wealth has so long as that wealth can't be used to basically buy our government.
What is never mentioned is go after the fraud and spending in government. How about become more efficient instead of looking for more ways to feed the pig.
0
For the people who want to seize and redistribute wealth from billionaires and ….
Posted by rltiger on 6/16/26 at 10:52 am
one Trillionaire, please explain how this would not be a diaster.
Here are the possible top 10 in the US….
1.Elon Musk: $1.2 trillion (Tesla, SpaceX)
2.Larry Ellison: $276 billion (Oracle)
3.Mark Zuckerberg: $253 billion (Meta)
4.Jeff Bezos: $241 billion (Amazon)
5.Larry Page: $230 billion (Google)
6.Sergey Brin: $280 billion (Google)
7.Jensen Huang: $180 billion (NVIDIA)
8.Warren Buffett: $150 billion (Berkshire Hathaway)
9.Michael Dell: $150 billion (Dell Technologies)
10.Steve Ballmer: $145 billion (Microsoft
Almost all are tech related, and all the wealth is in stock values.
Do you take their stock away or tax them so they have to sell stock to get below a certain amount? Now these people are no longer controlling their companies and making the decisions that have made their companies successful.
Where do the liquidated assets go? It would be a one time money grab and crash the stock market. Enlighten me on the actions that you would take to accomplish this. These people would probably take their assets to friendlier lands overnight.
Here are the possible top 10 in the US….
1.Elon Musk: $1.2 trillion (Tesla, SpaceX)
2.Larry Ellison: $276 billion (Oracle)
3.Mark Zuckerberg: $253 billion (Meta)
4.Jeff Bezos: $241 billion (Amazon)
5.Larry Page: $230 billion (Google)
6.Sergey Brin: $280 billion (Google)
7.Jensen Huang: $180 billion (NVIDIA)
8.Warren Buffett: $150 billion (Berkshire Hathaway)
9.Michael Dell: $150 billion (Dell Technologies)
10.Steve Ballmer: $145 billion (Microsoft
Almost all are tech related, and all the wealth is in stock values.
Do you take their stock away or tax them so they have to sell stock to get below a certain amount? Now these people are no longer controlling their companies and making the decisions that have made their companies successful.
Where do the liquidated assets go? It would be a one time money grab and crash the stock market. Enlighten me on the actions that you would take to accomplish this. These people would probably take their assets to friendlier lands overnight.
quote:I knew a girl in college who’s parents did that. Both pair of friends divorced and married the other’s spouse and everyone got along. That was in the mid 80’s, I wonder if they are all still married.
They straight up traded spouses. The 2 cheaters eventually broke up, but the SIL is still married to her ex friend's ex husband. Life is weird.
If this photo was posted yesterday, my bet is no one would know who these people were.
Stingray
quote:
I have a hard time seeing Iran agreed to it since the next president, or Trump, can tear it up at any point in time and they already got screwed by that badly
So you think Iran believes Trump is a cog in Congress’s wheel?
You think the Iranian leadership’s perception of democracy and the United States government ins and outs are so complex they think past iron fist rule?
quote:
It’s going to get interesting when Trump doesn’t have the votes for this “treaty”
We aren’t at war with Iran, congress never declared war on Iran.
It’s a political commitment, not a treaty. Think of it like Obama’s Iran deal that never went through congress.
quote:
That’s what you idiots don’t understand. This was completely unnecessary.
There is no amount of reasoning that can make you comprehend the importance in keeping Iran from producing a nuclear weapon.
quote:Which will eventually push Treasury Bills up and interest rates will probably go up a little as well. As one does well it effects the others, giving the TDSers something to bitch about next.
The market is going to take off like a rocket tomorrow
Market up, they bitch about rates and billionaires.
Market down, Trump is killing retirees accounts and billionaires are writing off losses.
Iran conflict driving oil up.
Iran signs deal, Trump folded.
G7. Either Trump looks weak and everyone hates him, or Trump’s a bully and everyone hates him.
Cuba complaints next, they are just waiting to see what talking points and positions are bad for Trump.
Crude oil futures below $75 bbl….
Posted by rltiger on 6/14/26 at 9:34 pm
WTI @$81
Gas will probably be @$2.75 or lower by 4th of July.
Gas will probably be @$2.75 or lower by 4th of July.
quote:It wouldn’t be that out of place. Ponce de León was the first explorer to reach North America mainland.
Why are we playing Spanish music at an America 250 birthday celebration?
de Vaca
de Soto
Coronado
There’s a reason the Southwest has such a strong Hispanic history.
re: Another cruise fight
Posted by rltiger on 6/14/26 at 6:42 pm to Will Cover
quote:
13 % of the population sure do draw a lot of attention to themselves.
This was caused by the heightened tension from Karmelo verdict.
The previous cruise fight was because of existential racism.
Before that,.. George Floyd
Before that… Statues
Before that… Ferguson
Again…. A lot of injustices that cause angst.
I’m pretty sure reparations would solve most issues.
quote:
You give him too much credit. They know he is full of shite.
I’m sure they discount him and aren’t worried at all.
quote:Difference is here we have a right to privacy, and you can successfully sue if that right is violated. In the UK, there are no such rights. They can, and apparently are, passing a law that cannot be ruled against.
If you think you have any privacy in the United States you're naive. This already occurs here and there was no revolution.
quote:
The UK is 15 to 20 years ahead of American Democratic Socialist Party. But that time line may be shrinking faster than we all think.
This is why the Democrats want to get rid of that pesky US Constitution.
UK’s Parliament is the final say in making laws, zero checks and balances.
quote:
Your father is what ever father would want to do if the opportunity was available. Your dad felt helpless until that moment.
Almost every father in that situation would want to do it. A lot would talk about doing it, but only a tiny fraction of a percent have the balls to go through with it. RIP Gary Plauche, a man among men.
quote:
His comments weren’t nearly as threatening as those made by blacks outside the courthouse
Possibly just setting the bar.
re: Iran shoots down helicopter over Hormuz Strait... the US will respond
Posted by rltiger on 6/9/26 at 4:18 pm to The Pirate King
quote:
they're just stalling and have been from the beginning. They would gladly sacrifice every last person in the country before giving into the US.
The perception is the US is quitting and has no stomach for much more. There are 100’s of videos on line of elected officials calling the Iranian actions a quagmire and demanding we get out. Media say Trump is hated and has no support. To them, it looks like the Iranians are winning.
Why would they give in?
re: Have you ever been on a ventilator?
Posted by rltiger on 6/9/26 at 1:00 pm to SaintlyTiger88
Yes. Very uncomfortable and unnatural. You feel like you can’t breathe when you come around.
They need to step up their raids into North Korea to steal women.
He hasn’t been convicted, only accused. He’ll get some money, but if convicted, he will be cut off. The beat thing would have the trust reimburse the costs of him being incarcerated.
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