2024 Presidential Race

[Vol423]

Not that I think it's a good idea, but the 25% tax on unrealized capital gains would only apply to Americans with a net worth over 100 million dollars.

That's probably about 25,000 Americans.

Again, not that I think it's a good idea at all.

So good luck with your stock market returns when guys like Warren Buffett, Elon Musk and Bill Gates start selling large volumes of shares to pay their tax bills on unrealized gains.

 

[rekinhavoc]

“DOGE”

C’mon, man. It’s a joke…

Of course. Government efficiency?

Santa Claus

Easter Bunny

 

[BreatheUT]

The 25% on the unrealized gain is only part of the taxes owed on the $50,000 appreciation in this scenario.

It’s just the start.

You owe $12,500 for the 25% tax on the unrealized gain.
Don’t have the cash to pay it? Proceed to tax 2:

Sell shares to generate the cash needed to pay the Unrealized Gains Tax. Which means….. Capital Gains Tax.

You’ll need to sell $22,500 under the proposed 44% Capital Gains Tax rate to generate the $12,500 you owe for the Unrealized Gains Tax.

$12,500 in Unrealized Gains
$10,000 in Capital Gains
On a $50,000 appreciation on paper

One of you nerds check the math.

Sinister. This is how the Tea Party got started. The situation is much more dire now. These people are open socialists.

 

[VolsAgainstTheWorld15]

Luther isn't a 'good guy'. He is delusional, and he would rather this country turn into Cuba or Venezuela because of his completely irrational hatred of one man.

If you choose to gauge people that way, that’s your choice. I choose to not gauge a person’s morality based on their political opinions. I lean right and disagree vehemently with many Democrat policies. Still, I have multiple Dems in my life, a couple that are pretty hard core Dems, that are great human beings. Gauging how good or bad a person is based on that person’s political opinions only increases the divide in a nation that is already very divided.

I wish Luther and those like him didn’t have such a severe case of TDS that they are willing to vote for an imbecile like Kamala, but by the same token, I wish Republicans weren’t so foolish to nominate a lame duck candidate. This election would be a cakewalk for the R’s if they’d gone with someone else.

 

[W.TN.Orange Blood]

This dude is just plain weird as hell. Must be doing drugs backstage to act like this.

 

[Enki_Amenra]

 

[VolsAgainstTheWorld15]

Haven’t watched this yet but intend to do so. Love Theo Von and how he’s not afraid to have controversial people like Trump and Bernie Sanders on his podcast.

 

[W.TN.Orange Blood]

WOW ..... didn't see that one coming from Kamala's home state.

 

[RavinDave]

For now.

Then it will apply to everyone else in a few years.....

You accountants will be hella busy.

 

[RavinDave]

Conventional wisdom says so.. see what I did there? Ha!

Very McDadesque

 

[evillawyer]

Because the circle jerk shuffle just oozes masculinity

 

[Vol423]

WOW ..... didn't see that one coming from Kamala's home state.

Lol. That’s funny.

 

[Majors]

Here we go! Confrontations and arrest happening…now it’s a party.

 

[RavinDave]

Racist!

I’m a couple hours behind…

 

[BigOrangeMojo]

WOW ..... didn't see that one coming from Kamala's home state.

You know they already officially done the roll call and CA will be the state to "put her over the top".......

 

[85SugarVol]

Here we go! Confrontations and arrest happening…now it’s a party.

DA Foxx won’t prosecute them

 

[BigOrangeMojo]

Chicago hasnt been this dangerous since Jussie was looking for a footlong at 2 AM.....

 

[Majors]

Chicago hasnt been this dangerous since Jussie was looking for a footlong at 2 AM.....

Remember it’s MAGA country

 

[Sea Ray]

Yup! Only a stupid moron would vote for someone who supports something like this.

Liberals justify it by saying that it only applies to the folks worth over $100Mill.

 

[evillawyer]

Pretty sick playlist.

 

[evillawyer]

Here we go! Confrontations and arrest happening…now it’s a party.

Looks like the cops have it pretty much under control. I know that makes you MAGA goobers sad.

 

[W.TN.Orange Blood]

 

[evillawyer]

You guys are testy tonight. Maybe go back and watch some Andy Griffith reruns with this fun lady.

 

[LadyVolette]

If I hear anything else regarding ‘vibes’ or ‘energy’ I’m going to puke

 

[hog88]

For now.

Then it will apply to everyone else in a few years.....

Come on, seriously? You’re saying it would be like the Alternative Minimum Tax that was only created to hit the 1% but crushed the middle class.