I’m not really sure I understand this post. I think most everyone would be pretty thrilled if the civilian deaths in both Gaza and Ukraine ended? I feel like I’m missing your point on this one, I’m not seeing a lot of celebration out there for civilian deaths in Ukraine.
Hamas is a disaster and Israel is/was justified in responding against them. However, Israel’s response has also been a disaster. The answer from either side seems, more or less, to be to completely wipe out the other, civilians and all.
No but he seems to be suggesting that people are celebrating civilian deaths in Ukraine.
Oh ok thanks for providing some clarity. You’re a master communicator.
Link? I doubt he said that. Maybe that’s how you interpreted it, but Dimon saying he expected a depression would have moved markets.
Vote this loser out of office.
I’m just explaining the two proposals. Nothing is going to be passed without negotiations, so those numbers are going to drop. It’s how this whole process works - throw out a high number, Rs will counter, then meet somewhere in the middle in agreement…or nothing gets passed and it’s all moot.
How about us stop sending money to others and lower our taxes?
Because it's in the US' best interests to support our allies across the globe, as well as to support those most vulnerable in our country. I absolutely hate paying the amount of taxes I do, but I understand it's a necessary sacrifice that each American makes for the collective good. I don't believe cutting social services spending is the right choice, as I personally believe that it's our duty to help those who can't help themselves. I understand that not everyone shares that sentiment, and I'm fine with that. I'm not nearly smart enough to think I have all the answers, but I do know that tax cuts on the wealthy don't help anyone but the upper class.
www.cbsnews.com
What is considered “wealthy” by the narrative pushing folks in these situations, is not “wealthy”. $400k/year is not wealthy. LT cap gains are earned by taking risks. At any point, those deals could fall through and a person lose what they have.Because it's in the US' best interests to support our allies across the globe, as well as to support those most vulnerable in our country. I absolutely hate paying the amount of taxes I do, but I understand it's a necessary sacrifice that each American makes for the collective good. I don't believe cutting social services spending is the right choice, as I personally believe that it's our duty to help those who can't help themselves. I understand that not everyone shares that sentiment, and I'm fine with that. I'm not nearly smart enough to think I have all the answers, but I do know that tax cuts on the wealthy don't help anyone but the upper class.
50 years of tax cuts for the rich failed to trickle down, economics study says
Tax cuts for the wealthy didn't boost the economies of the U.S. and 17 other countries — but they did worsen income inequality.
His primary proposal is a 2.6% increase for those making over $1mm/year in income, and a second proposal (where the 44.6% number comes from) would only affect those making over $1mm/year in income AND $400k/year in investment income.
I’m not certain of its accuracy, but the notion of ending 1031 exchanges, and taxing unrealized gains is just insane.
Regarding the 1031 exchange (which i don't agree with): The proposal would allow the deferral of gain up to an aggregate amount of $500,000 for each taxpayer ($1 million in the case of married individuals filing a joint return) each year for real property exchanges that are like-kind. Any gains from like-kind exchanges in excess of $500,000(or $1 million in the case of married individuals filing a joint return) in a year would be recognized by the taxpayer in the year the taxpayer transfers the real property subject to the exchange.
How does that work? Year after year you get taxed on the same unrealized gains? What about unrealized losses? Do you get to write those down?
No idea, reading the proposal reminds me why i never went into tax law. It sounds like you'd receive a refund each year if your unrealized gains tax ended up higher than your LTCG tax. Our tax law is such a ****ing nightmare it seems like it's just going to make things more difficult.
You need to study history because after the rise of Nazi germany the US has taken a stance to prevent another global threat. And that is much easier to do when they have minimal resources and are only trying to take Ukraine. If Russia took Ukraine, they would control the energy supply to all of Europe and either would create a global economic collapse, or have so much negotiation leverage with Europe that they would gain even more power allowing them to take Poland, Estonia, etc.
This. Anyone who has been paying attention knows that this is a call to Feel The Bern dems to get them out to vote. Just like carried interest comes up every year for tax changes but never actually passes.
Russia hasn’t been able to take Ukraine in 2+ years. Poland is a pipe dream.
I am 100% certain you will never feel the pinch. But I applaud you standing in solidarity with your social betters.
