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Feb 24, 2021
3:32
:58
pm
russkiejedi
Intervention Needed
Yes, I disagree that that makes someone an awful person.
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russkiejedi
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russkiejedi
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Feb 22, 2005
Last login
Sep 27, 2024
Total posts
140,183 (56,413 FO)
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Messages
Author
Time
Does Yellen really infer she wants to tax unrealized cap. gains? Stocks? RE?
grandpacoug
2/24/21 12:55pm
Wow. She sounds like an awful human being.
cougfanz
2/24/21 12:58pm
To think that is the kind of thinking that one of the most powerful people in
crack
2/24/21 12:59pm
A different opinion on tax policy makes someone an "awful person"?
Hodor
2/24/21 1:35pm
Yes. Especially this one. Let's see, you hold an asset
Archaea
2/24/21 1:42pm
It's fine to oppose the policy, but "awful human being?"
russkiejedi
2/24/21 1:55pm
An awful human being that is in a position to disrupt existing systems
Archaea
2/24/21 1:59pm
You still haven't made the "awful human being" case. At all.
russkiejedi
2/24/21 2:18pm
If you have the existing system that is working mostly and then
Archaea
2/24/21 2:26pm
Yes, I disagree that that makes someone an awful person.
russkiejedi
2/24/21 3:32pm
You cannot tax unrealized gains. Most people don't have that type of liquid
RH84025
2/24/21 1:50pm
That didn't stop taxing receivers of estate $. Had to sell all/part of asset.
grandpacoug
2/24/21 1:53pm
The estate becomes a realized gain when inherited.
flyzag
2/24/21 2:24pm
And there you have the big difference.
grandpacoug
2/24/21 2:25pm
I don’t even know how it would be possible. Dumbest thing ever.
Heath Squashwell
2/24/21 12:58pm
They won't stop until they tax everything imaginable
wabluecoug
2/24/21 12:59pm
Who’s they and why would they want to do that?
pink22
2/24/21 1:03pm
Politicians everywhere seem to always be looking for more taxes, I truly believe
wabluecoug
2/24/21 1:06pm
And then they have to pay them too? Seems like a dumb idea to force themselves
pink22
2/24/21 1:07pm
They can just vote themselves a raise or do a side deal. They get rich in office
grandpacoug
2/24/21 1:11pm
And tell all their friends and family you’re welcome for raising their taxes?
pink22
2/24/21 3:11pm
They take care of themselves in other ways, like being exempt from insider
wabluecoug
2/24/21 1:12pm
Ah, just like Obamacare...wait they exempted themselves
maxpowers
2/24/21 1:20pm
Progressive politicians pandering to the plebeian polity.
Archaea
2/24/21 1:43pm
Good thing only republicans have capital gains
maxpowers
2/24/21 12:59pm
Taxing unrealized gains is the perfect way to kill the startup segment.
Florida Man
2/24/21 1:00pm
Do you get a credit for unrealized losses?
Mike Honcho
2/24/21 1:03pm
RE: Do you get a credit for unrealized losses?
oryguncoug
2/24/21 1:06pm
Surely there will be some limit, say $2million.
valleus
2/24/21 1:03pm
I would like to say it is unbelievable, but unfortunately it isn't. Monumentally
oryguncoug
2/24/21 1:05pm
RIGHT......
grandpacoug
2/24/21 1:13pm
I think they already do if you quality for Trader Tax Status.
crack
2/24/21 1:13pm
This is just the beginning of learning the consequences of the 2020 election
Bluforever
2/24/21 1:07pm
She doesn't get a vote.
Ozymandias
2/24/21 1:08pm
RE: Does Yellen really infer she wants to tax unrealized cap. gains? Stocks? RE?
yahtzee
2/24/21 1:11pm
This is what people get for getting Yewt hurt by Trump.
kotacoug
2/24/21 1:25pm
RE: Does Yellen really infer she wants to tax unrealized cap. gains? Stocks? RE?
joelvandyne
2/24/21 1:27pm
It would never pass. However a tax on realized capital gains from RE would
Nat Gas Man
2/24/21 1:35pm
Nat- What is your reason that it would only be on RE?
grandpacoug
2/24/21 1:48pm
This would be very good.
valleus
2/24/21 1:55pm
Why? It would damage Economy in more ways than you can ever imagine. Period.
grandpacoug
2/24/21 2:08pm
It is something other countries have done with success. They changed the RE laws
Nat Gas Man
2/24/21 2:24pm
That is not taxing unrealized gain. That is changing Those receiving commission.
grandpacoug
2/24/21 2:27pm
That why I said realized gains
Nat Gas Man
2/24/21 2:27pm
We should discourage rentiers capitalism. The few are enriched while making
valleus
2/24/21 2:29pm
That is already taxed.
Archaea
2/24/21 2:27pm
Well maybe but you can get $500k tax free if you play the game
Nat Gas Man
2/24/21 2:35pm
It is still taxed, the $500k exclusion is just a calc to arrive at the amount of tax.
hitechcpa
2/24/21 2:54pm
If there is a bill that gets out of committee the stock market and RE will crash
Nat Gas Man
2/24/21 2:27pm
People will still need a place to sleep. Stock certs can be used to wipe butts.
grandpacoug
2/24/21 3:20pm
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