President Donald Trump - J.D. Vance Administration

#502
#502
Orangeburst said:
we are relieved
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I can sleep tonight.

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#507
#507
hog88 said:
Why not just let people keep and use their own money. Want to shore up SS and Medicare, cut spending. Cut the DOE, Homeland, defense And any number of other agencies.
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Lol, hell would have to freeze over a million times before he’d consider downsizing the government.
 
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#508
#508
lawgator1 said:
Home equity is typically not taxed below certain fairly high thresholds, i.e. $500,000 of equity (not the sale price, but equity), so probably not. But if it exceeded that, then yes. Effectively cashing in that equity would trigger income tax on it.
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If you trigger income tax on capital investments used as collateral on new loans, would that adjust the future tax basis on those investments?
 
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#510
#510
lawgator1 said:
I'm envisioning just paying taxes on the gain to the extent it is leveraged, so no.
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Wouldn’t that lead to double taxation upon final sale? Should at least the tax paid on the leveraged amount be an offset upon ultimate disposition of the asset?

If not, wouldn’t that discourage growth and future investment to the multiple taxation component?
 
#518
#518
McDad said:
Are these over-the-top images making a comeback with his 2nd term?
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Over the the top? I thought that one was quite mild lol

I’m not sure. I saw a Trump shop on my way back from the game Saturday night. Saw another one in northern Bama a few weeks back. Seems like sky’s the limit for Trump products. I actually don’t own any. I’m thankful he won. But I’m not a Trump hat and flag kinda guy. I usually rock Vols gear. Or golf attire.
 
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#519
#519
VOLS INC. said:
Over the the top? I thought that one was quite mild lol

I’m not sure. I saw a Trump shop on my way back from the game Saturday night. Saw another one in northern Bama a few weeks back. Seems like sky’s the limit for Trump products. I actually don’t own any. I’m thankful he won. But I’m not a Trump hat and flag kinda guy. I usually rock Vols gear. Or golf attire.
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you are talkin to a guy who thinks wearing pants is optional
 
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#522
#522
Rest assured there will be no mass deportations, the immigrants entering illegally will only be slowed marginally, trump and most of his base of idiots will blame it on the democrats.
 
#524
#524
swampfoxfan said:
Rest assured there will be no mass deportations, the immigrants entering illegally will only be slowed marginally, trump and most of his base of idiots will blame it on the democrats.
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Trump is trading liberals for illegals, fair trade in my opinion.
 
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#525
#525
swampfoxfan said:
Rest assured there will be no mass deportations, the immigrants entering illegally will only be slowed marginally, trump and most of his base of idiots will blame it on the democrats.
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We're tracking that promise in the other thread.

Receipts are imminent.
 
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