BlackRock, Other Investment Firms 'Killing The Dream' of Home Ownership, Journalist Says

[Rasputin_Vol]

Interesting. I just saw a day or two ago that there is an oversupply of aluminum cans and recyclers aren’t paying jack s*** for them. Maybe there isn’t infrastructure to convert spent cans into 2x4 studs.

Aluminum Can Shortage: Certain Sodas and Beers In Short Supply

 

[newarkvol]

Correct me if I’m wrong, but don’t whistleblowers expose crimes and this “whistleblower” is illegally releasing private tax data from wealthy individuals that filed accurate, lawful returns? Tax avoidance isn’t a crime.

Leaked Audio of Sen. Joe Manchin Call With Billionaire Donors Provides Rare Glimpse of Dealmaking on Filibuster and January 6 Commission

There is no government only monied interests

 

[Rasputin_Vol]

Leaked Audio of Sen. Joe Manchin Call With Billionaire Donors Provides Rare Glimpse of Dealmaking on Filibuster and January 6 Commission

There is no government only monied interests

This should be something that could bring the two sides together in righteous anger at our current establishment and motivate us to destroy this system and start over from scratch.

Unfortunately...

 

[Rasputin_Vol]

US house prices are being pushed up by pension funds that are outbidding middle class families | Daily Mail Online

 

[LouderVol]

US house prices are being pushed up by pension funds that are outbidding middle class families | Daily Mail Online

Prices have been pushed by a lot of things for several years now.

 

[Thunder Good-Oil]

Nobody actually owns their own home anyway. Governments can come and take them whenever they want them and they make homeowners pay a ransom for the use of their own property.

 

[Rasputin_Vol]

Nobody actually owns their own home anyway. Governments can come and take them whenever they want them and they make homeowners pay a ransom for the use of their own property.

 

[LouderVol]

Nobody actually owns their own home anyway. Governments can come and take them whenever they want them and they make homeowners pay a ransom for the use of their own property.

One of my main issues is you never own the resources "under" your land. Even if you own it outright.

 

[Thunder Good-Oil]

Well, he’s a Viking. Lots of pillaging and plundering in his bloodline.

 

[AshG]

Tax avoidance isn’t a crime.

Only when you're rich.

 

[VolStrom]

Only when you're rich.

So you think if someone is poor they can't avoid taxes?

 

[AshG]

So you think if someone is poor they can't avoid taxes?

IRS: Sorry, but It’s Just Easier and Cheaper to Audit the Poor — ProPublica

IRS audits more poor taxpayers because it's easier, cheaper than targeting the rich

The IRS Admits It Doesn't Audit the Rich Because It's Too Hard

This map shows where American taxpayers are most likely to be audited — and it’s certainly not Washington, D.C.

 

[VolStrom]

IRS: Sorry, but It’s Just Easier and Cheaper to Audit the Poor — ProPublica

IRS audits more poor taxpayers because it's easier, cheaper than targeting the rich

The IRS Admits It Doesn't Audit the Rich Because It's Too Hard

This map shows where American taxpayers are most likely to be audited — and it’s certainly not Washington, D.C.

You know, when you don't make much money there isn't a whole lot of meat on the bone when it comes to already paying meager taxes.

 

[NEO]

Well, he’s a Viking. Lots of pillaging and plundering in his bloodline.

My mom is what is referred to as Black Irish with black hair, blue eyes, and fair skin. Her heritage traces back to Scandinavia and then goes into Ireland after the battle when many Vikings stayed.

I have been told they were straight nuts.

 

[Thunder Good-Oil]

I remember the professor teaching a Federal IT course I once took pointing out that the IRS typically will let a disputed interpretation slide rather than escalate it to the courts. If they win they only collect a small amount from a single taxpayer but if they lose the floodgates are thrown wide open for every tax payer to take advantage of the adverse ruling.

 

[Thunder Good-Oil]

Only when you're rich.

Everybody taking the standard deduction (or itemizing) or claiming dependents is avoiding taxes.

 

[NEO]

IRS: Sorry, but It’s Just Easier and Cheaper to Audit the Poor — ProPublica

IRS audits more poor taxpayers because it's easier, cheaper than targeting the rich

The IRS Admits It Doesn't Audit the Rich Because It's Too Hard

This map shows where American taxpayers are most likely to be audited — and it’s certainly not Washington, D.C.

The majority of these audits, per article, is to look into whether or not the earned income credit was paid out.

This isn't to make sure that the government didnt collect enough taxes but to see if the government paid out too much money in welfare type refunds.

They are slightly different types of audits.

 

[VolStrom]

 

[NEO]

That song goes on for plucking ever.

 

[newarkvol]

Blackstone (not to be confused with Blackrock---see below) acquires another $6 billion worth of residential housing -- 17,000 houses total. Politicians and Volnation continue concentrating on the neverending culture wars. This is end result of neoliberalism: Everything is privatized. Every single aspect of your life, from policing to healthcare to education to housing. dems vs repubs ---it doesnt matter anymore...

The few avenues for financial stability that remained before covid hinged on people being able to acquire and own major purchases. That ability is being aggressively taken away even from people who are relatively high earners.

Blackstone Bets $6 Billion on Buying and Renting Homes
Citizen, the vigilante justice app, has a plan to deploy private security forces, too
BlackRock v Blackstone