Posted on 05/01/2021 9:13:56 PM PDT by SeekAndFind
so screweeeeeeeeed
Hey Joe,
What is the Tax Rate on extortion from a foreign Country.... Just asking for a friend?
What are the chances this will make it through the Senate tho? It’s one thing to propose these crazy left wing ideas but it’s another to actually turn them into law. I just don’t see enough idiots in Congress who would pass this.
Start a closed family corporation.
RE: What are the chances this will make it through the Senate tho? It’s one thing to propose these crazy left wing ideas but it’s another to actually turn them into law
I hasten to remind you that:
1) The Senate is 50-50 with Kamala Harris as the tie breaker
2) Our rotten election system that elected Raphael Warnock and Jon Ossoff in Georgia IS STILL IN PLACE. So, any chance of the GOP taking over the Senate in 2022 are slim unless the corrupt election system is eliminated.
So they water it down a bit and steal only 2/3 of your life savings and estate. That will make me feel a lot better.
I’m guessing that at the end of the day, this was the opening salvo to meet in the middle. Originally, they were talking about rolling it back to $3.5 million. They’ll wind up in the mddle.... around $5 million. The question becomes, do they go Retroactive or from the date of the billcommencement of discussion?
Sssssh!!
You’ll spoil the surprise for those that are happy that Orange Man Bad is gone.
“Opening salvo” — my take exactly.
“Retroactive” — exactly what I’ve been thinking they will do.
This is all huge confiscation of wealth from whitey and handing it to POC. It is reparations by another means — wipe out all inter-generational transfer of wealth.
Sorry, but I’m concerned with my own skin. I don’t care one iota about them
Oh believe me, I hear ya.
Just got a letter, couple of days ago, from Uncle Joe that $1,400 is coming.
Yeah, that happened already.
That being said, will they do another one? My guess is yes.
We are on our way to Zimbabwe.
No problem, just a little to wet their beak.
And all those graveyards will still, even after this, continue to vote reliably 90% plus for Bidet.
Although this is horrible there is one thing that should be pointed out in the example used. The building was purchased for $2m in 1981 and it is worth $10m now. Why do they owe $7m on it? My guess is the owners lived large on the increasing value by borrowing on it.
Regardless of what they thought the tax laws would be, smarter would be to pay it off as soon as possible and live large on the income without the uncertainty of future tax law. They would still be getting ripped off but there would be something left over.
It is the baby boom $ they are after. Can’t wait to hear about retro active changes to retirement accounts. That is also one of the tenants of gov health care. There will be a continuing increase in health care needs and they want control of the $ and the lives.
The Democratic Tax Man COMETH!
When Biden dies, I’ll pay the “death tax-i” bill for his trip to Hell.
So unfair, we are taxed on earnings then with our sweat money if we are lucky we get gains and dividends and we pay
more taxes on our sweat savings already at 20 percent.
It should be going down to 15 percent like Trump promised
What braindead Biden forgets is that even Dems have IRA and 401 accounts and they live off them in retirement. Dems
will lose the votes of retirees if they touch their nest egg
accounts.
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