Jarlaxle
Gold Member
No, it's a statement.That is a deflection, not an answer.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
No, it's a statement.That is a deflection, not an answer.
If the government wants to tax gains that I don't really have, it can certainly refund me for losses I don't really have either.You are worth 100 million and are paying less than 25% tax rate?
If not, then no, you shouldn't.
"The rich" are going to get richer after virtually any major event because they are poised and prepared to take advantage of virtually any upheaval in the economy. That's one of the things you do when you become wealthy.The rich got massively richer after collapsing the economy in 2008.
YES, absolutely. Anyone that owns a house has unrealized cap gains, anyone with a 401K, IRA, mutual fund, any stockDo you have unrealized capital gains?
what are they basing what someone is worth on? What they actually have, or what is unrealized?Yup, and that's ^^^^^ great.
You are the kind of person that won't play the Lottery because "If I win $100 Million, I will have to pay TAX on my winnings." "And that is totally unfair"
View attachment 1002596
"The rich" are going to get richer after virtually any major event because they are poised and prepared to take advantage of virtually any upheaval in the economy. That's one of the things you do when you become wealthy.
No it doesn't and it can't because you don't have 100M+ in net worth this tax law would apply to.If the government wants to tax gains that I don't really have, it can certainly refund me for losses I don't really have either.
Okay, let's put it this way. If the government wants to tax those with a net worth north of $100M on gains they don't really have, the government can also give tax refunds to those with a net worth north of $100M for losses they don't really have. That doesn't change anything.No it doesn't and it can't because you don't have 100M+ in net worth this tax law would apply to.
You are worth 100 million and are paying less than 25% tax rate?
If not, then no, you shouldn't.
IRS estimates it.So youre “worth” is $99.99 million and you are free from the new TAX? Who decides net “worth” and at what exact time do the figure it?
Wow so the people that want the money are also the ones telling us what we are worth?IRS estimates it.
If you disagree that you are worth 100m+ you can go over with them over your net assets and liabilities.
...whats the alternate scheme in your head? Volantary taxation?Wow so the people that want the money are also the ones telling us what we are worth?
Please post the exact quote from that document that proposes a tax on unrealized capital gains. I could not find any.
Still looks like a MAGA hoax.
how about not taxing "wealth" or unrealized cap gains?...whats the alternate scheme in your head? Volantary taxation?![]()