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Feb 24, 2021
2:26
:57
pm
Archaea
All-American
If you have the existing system that is working mostly and then
to burden taxpayers with an unworkable solution solely to filter more money to the collective, your designs are awful and reflective of your character. You disagree.
It is a class warfare argument.
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Archaea
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Archaea
Joined
Mar 28, 2001
Last login
Nov 15, 2024
Total posts
100,641 (3,365 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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