Do y'all even know what that is?
Do y'all know that Trump, who has bad breath and hates children dogs and nuns, just got back from a Crypto meeting? Does K know what Crypto is? Can Suzianne explain it, to all of our members who do not know what it is? And while at it, what unrealized capital gains is? If she will do it, I will swear to not say Kamal anymore.
Iwill give a $2 bill to anyone who can tell us a real media question that she has answered. Not one. She did give a tarmac speech of word salad when greeting hostages, I know they were glad to see her and find out what her policies are. Can Suzianne tell us that too? And why she gave $200M in our tax dollars to anti-American groups donating to her. Shouldn't that be illegal? Corruption, is it not?
@AverageJoe1 said@AJoe1,
Do y'all even know what that is?
Do y'all know that Trump, who has bad breath and hates children dogs and nuns, just got back from a Crypto meeting? Does K know what Crypto is? Can Suzianne explain it, to all of our members who do not know what it is? And while at it, what unrealized capital gains is? If she will do it, I will swear to not say Kamal anymore.
Iwill ...[text shortened]... ollars to anti-American groups donating to her. Shouldn't that be illegal? Corruption, is it not?
Do you purposely go out of your way to say your nonsense?
-VR
@Very-Rusty saidFlies in your face, does it? The usual gambit for you liberals is to change the subject. Why don’t you just change the subject?
@AJoe1,
Do you purposely go out of your way to say your nonsense?
-VR
@AverageJoe1 saidYour just talking silliness and why? Do you like to be noticed or trying impress kelly? 🙂
Flies in your face, does it? The usual gambit for you liberals is to change the subject. Why don’t you just change the subject?
Your king Trump is the king of changing the topic or not answering the question, I thought you would like that. 🙂
-VR
- Joined
- 09 Jan 22
- Moves
- 1139
@AverageJoe1
She and the Dems would tax the air we breathe if they could, as well as the food we eat and the water we drink..
@Very-Rusty saidAsk me one please. but note that Sunhouse questions are about speculating what someone might do. Like Trump maybe negotiating next year with somebody. What a waste of time.
Your just talking silliness and why? Do you like to be noticed or trying impress kelly? 🙂
Your king Trump is the king of changing the topic or not answering the question, I thought you would like that. 🙂
-VR
Can you ask a question of immediate importance? The things I wrote just above were immediate importance. Not really questions, just telling you all that K wants to tax the hell out of our country. And suggesting that you might respond to someone doing that.
@AverageJoe1 Like this for instance. Pelosi evaded a question about how she told Biden he had to step down. She would not answer the Question. Is it not interesting that after a coup headed up by her got rid of Biden, she is now saying that he should have his face imprinted on Mount Rushmore. She leads her coup, and this suggest he qualifies for Mount Rushmore.. Notice how much more interesting my comments are than yours
@AverageJoe1 saidI have a capital asset worth $1 million.
Do y'all even know what that is?
Do y'all know that Trump, who has bad breath and hates children dogs and nuns, just got back from a Crypto meeting? Does K know what Crypto is? Can Suzianne explain it, to all of our members who do not know what it is? And while at it, what unrealized capital gains is? If she will do it, I will swear to not say Kamal anymore.
Iwill ...[text shortened]... ollars to anti-American groups donating to her. Shouldn't that be illegal? Corruption, is it not?
It rises in value to $2 million.
So I now have increased my assets by $1 million.
Why shouldn't I have to pay taxes on that $1 million?
@no1marauder saidBecause it is unrealised. They only time it should attract a tax is when it is sold, or rented or realised in some tangible form. A man with a home that appreciates in value by 25% should not have to pay tax on that unrealised appreciation in market value. What will happen if the value goes down the following year? Will he be able to claim a rebate? That is a messy tax system that breeds corruption and tax avoiddance.
I have a capital asset worth $1 million.
It rises in value to $2 million.
So I now have increased my assets by $1 million.
Why shouldn't I have to pay taxes on that $1 million?
@Rajk999 saidSomeone a million dollars richer should pay the same in taxes?
Because it is unrealised. They only time it should attract a tax is when it is sold, or rented or realised in some tangible form. A man with a home that appreciates in value by 25% should not have to pay tax on that unrealised appreciation in market value. What will happen if the value goes down the following year? Will he be able to claim a rebate? That is a messy tax system that breeds corruption and tax avoiddance.
Doesn't sound very equitable to me.
If there's "unrealized" (and that is just an accounting term; the gain or fall in value is real) losses why couldn't they be used to offset other taxes due.
Moreover, the tax Joe is crying about would effect a very small percentage of taxpayers:
"Imposing a 25% minimum “billionaire’s tax” targeting unrealized gains for individual taxpayers with $100 million in net assets ($503 billion)"
https://www.grantthornton.com/insights/alerts/tax/2024/legislative-updates/biden-budget-targets-corporate-minimum-tax-executive-comp
@no1marauder saidUnrealised capital gains are just paper riches are meaningless. If the man sells the asset and realises the $1M, then of course it should be taxable
Someone a million dollars richer should pay the same in taxes?
Doesn't sound very equitable to me.
If there's "unrealized" (and that is just an accounting term; the gain or fall in value is real) losses why couldn't they be used to offset other taxes due.
@Rajk999 saidNo, they are not "meaningless".
Unrealised capital gains are just paper riches are meaningless. If the man sells the asset and realises the $1M, then of course it should be taxable
The most obvious way they are "meaningful" is that they can be used as collateral to borrow money to buy something else. Thus:
" After all, absent some mechanism by which the billionaire can be taxed, they can at least in theory defer ever realizing their gains by continually borrowing against their stock rather than selling any of it."
https://www.forbes.com/sites/andrewleahey/2024/04/30/unrealized-gain-tax-a-coming-sea-change-in-fy2025-budget-proposal/
@no1marauder saidThe internet is full of how horrible a tax on unrealized gain is. You libs read and learn. Anyway, who asked the Marauder, we want Sue to tell us. For the record, Marauder is wrong, he has no idea, he and Elizabeth Warren. At least Warren understands it and says for us to kiss off, she still wants the money of people who have it. Marauder does NOT understand it, but, still wants that money. What a cessoool.
Moreover, the tax Joe is crying about would effect a very small percentage of taxpayers:
"Imposing a 25% minimum “billionaire’s tax” targeting unrealized gains for individual taxpayers with $100 million in net assets ($503 billion)"
https://www.grantthornton.com/insights/alerts/tax/2024/legislative-updates/biden-budget-targets-corporate-minimum-tax-executive-comp
The funniest thing, Marauder? “AFFECTS A SMALL PERCENTAGE !!!” How creepy. “ Only 8 Christians were slain in the coliseum today. Hey, let’s go get a dragoon of beer,”