Announcement
Collapse
Please support the Forum by using the Amazon Link this Holiday Season
Amazon has started their Black Friday sales and there are some great deals to be had! As you shop this holiday season, please consider using the forum's Amazon.com link (listed in the menu as "Amazon Link") to add items to your cart and purchase them. The forum gets a small commission from every item sold.
Additionally, the forum gets a "bounty" for various offers at Amazon.com. For instance, if you sign up for a 30 day free trial of Amazon Prime, the forum will earn $3. Same if you buy a Prime membership for someone else as a gift! Trying out or purchasing an Audible membership will earn the forum a few bucks. And creating an Amazon Business account will send a $15 commission our way.
If you have an Amazon Echo, you need a free trial of Amazon Music!! We will earn $3 and it's free to you!
Your personal information is completely private, I only get a list of items that were ordered/shipped via the link, no names or locations or anything. This does not cost you anything extra and it helps offset the operating costs of this forum, which include our hosting fees and the yearly registration and licensing fees.
Stay safe and well and thank you for your participation in the Forum and for your support!! --Deborah
Here is the link:
Click here to shop at Amazon.com
Additionally, the forum gets a "bounty" for various offers at Amazon.com. For instance, if you sign up for a 30 day free trial of Amazon Prime, the forum will earn $3. Same if you buy a Prime membership for someone else as a gift! Trying out or purchasing an Audible membership will earn the forum a few bucks. And creating an Amazon Business account will send a $15 commission our way.
If you have an Amazon Echo, you need a free trial of Amazon Music!! We will earn $3 and it's free to you!
Your personal information is completely private, I only get a list of items that were ordered/shipped via the link, no names or locations or anything. This does not cost you anything extra and it helps offset the operating costs of this forum, which include our hosting fees and the yearly registration and licensing fees.
Stay safe and well and thank you for your participation in the Forum and for your support!! --Deborah
Here is the link:
Click here to shop at Amazon.com
See more
See less
Miscellaneous And Off Topic Subjects
Collapse
X
-
I hope that Wiz can live through this.
Thank goodness they have another "the sky is falling" talking point. Because they are losing the culture war.
This includes the new tax on unrealized capital gains.- It applies only to individuals with at least $100 million in wealth who do not pay at least a 25% tax rate on their income (inclusive of unrealized capital gains). Payments can be spread out over subsequent years.
- Within that $100 million club, you'd only pay taxes on unrealized capital gains if at least 80% of your wealth is in tradeable assets (i.e., not shares of private startups or real estate). One caveat for this illiquid group is that there would be a deferred tax of up to 10% on unrealized capital gains upon exit.
- In short, it would not apply to most startup founders or investors. If any group should be tweeting mad face emojis, it's top hedge fund managers.
State of play: Democrats would need to sweep in November to have any shot of enacting this rule, likely as part of negotiations tied to the expiration of some 2017 tax cuts.
The bottom line: In the unlikely event this becomes law, it's a much smaller deal than the likes and retweets would have you believe.
Last edited by CGVT; August 23, 2024, 10:40 AM.I feel like I am watching the destruction of our democracy while my neighbors and friends cheer it on
- Top
Comment
-
I feel like I am watching the destruction of our democracy while my neighbors and friends cheer it on
- Top
Comment
-
We have a choice between a maniacal egotistical madman who will fix our borders, make us safer, and jumpstart a sick economy....or 4 more years of high inflation, rampant crime, open borders and our Constitution dissected and destroyed.
It's your choice. Neither is totally desirable but I'll take the former before the latter any day and twice on Sunday...Shut the fuck up Donny!
- Top
Comment
-
Originally posted by CGVT View PostI hope that Wiz can live through this.
Thank goodness they have another "the sky is falling" talking point. Because they are losing the culture war.
This includes the new tax on unrealized capital gains.- It applies only to individuals with at least $100 million in wealth who do not pay at least a 25% tax rate on their income (inclusive of unrealized capital gains). Payments can be spread out over subsequent years.
- Within that $100 million club, you'd only pay taxes on unrealized capital gains if at least 80% of your wealth is in tradeable assets (i.e., not shares of private startups or real estate). One caveat for this illiquid group is that there would be a deferred tax of up to 10% on unrealized capital gains upon exit.
- In short, it would not apply to most startup founders or investors. If any group should be tweeting mad face emojis, it's top hedge fund managers.
State of play: Democrats would need to sweep in November to have any shot of enacting this rule, likely as part of negotiations tied to the expiration of some 2017 tax cuts.
The bottom line: In the unlikely event this becomes law, it's a much smaller deal than the likes and retweets would have you believe.
But seriously, taxing unrealized gains is a terrible idea. Even if it's confined to a small handful of billionaires. Classic proposal from the party that has no real understanding of economics.Last edited by Hannibal; August 23, 2024, 11:03 AM.
- Top
Comment
-
Welp, you probably better get used to it, because it looks like that's who we're going to get. Trump is giving away the election. The Rs are a total mess. Better hope that DeSantis comes back in 2028 with a different campaign manager. But by then it will probably be too late.
- Top
Comment
-
You all just come to grips with the fact that Republican policies are not popular with the majority of America.
You think they are because you live in your little bubble of right wing web sites, FOX News and Newsmax
But the reality is that most of America disagrees with you.
The only hope you have is trying to scare old white people into believing that brown people are coming to their neighborhoods and regurgitating half-truths and lies.Last edited by CGVT; August 23, 2024, 11:16 AM.I feel like I am watching the destruction of our democracy while my neighbors and friends cheer it on
- Top
- Likes 1
Comment
Comment