Crenshaw gets smoked by Cortez

jecornel

She is working hard to ruin America but she is pretty good at the twitters. So there's that.

HoustonHusky

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

creepycoug

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

True.

You say that like it's a bad thing.

allpurpleallgold

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

I really enjoy the life cycle of right wing arguments.

Last week her idea was going to destroy America. This week it won’t make any difference at all.

Y’all making this too easy.

2001400ex

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

Da fuq? I like how you talk like you know something when you don't.

First, if AOC gets her way on the 70%, do you really think it'll be only earned income and would exclude realized investment income? How cute.

Second, while the explosion of TV revenues and great collective bargaining skills against a weak Union have allowed NFL franchises to actually turn a profit. The majority of the owners don't make a sizable profit from the franchise. Their money is made in their bread and butter, whatever it is that made them wealthy.

I do agree that most politicians, journalists, and our society don't understand the tax code.

allpurpleallgold

2001400ex said:

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

Da fuq? I like how you talk like you know something when you don't.

First, if AOC gets her way on the 70%, do you really think it'll be only earned income and would exclude realized investment income? How cute.

Second, while the explosion of TV revenues and great collective bargaining skills against a weak Union have allowed NFL franchises to actually turn a profit. The majority of the owners don't make a sizable profit from the franchise. Their money is made in their bread and butter, whatever it is that made them wealthy.

I do agree that most politicians, journalists, and our society don't understand the tax code.

Fuck you mean “if”.

creepycoug

2001400ex said:

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

Da fuq? I like how you talk like you know something when you don't.

First, if AOC gets her way on the 70%, do you really think it'll be only earned income and would exclude realized investment income? How cute.

Second, while the explosion of TV revenues and great collective bargaining skills against a weak Union have allowed NFL franchises to actually turn a profit. The majority of the owners don't make a sizable profit from the franchise. Their money is made in their bread and butter, whatever it is that made them wealthy.

I do agree that most politicians, journalists, and our society don't understand the tax code.

If she gets qualified dividends taxed as ordinary income, a lot more will have changed along with the 70%.

2001400ex

allpurpleallgold said:

2001400ex said:

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

Da fuq? I like how you talk like you know something when you don't.

First, if AOC gets her way on the 70%, do you really think it'll be only earned income and would exclude realized investment income? How cute.

Second, while the explosion of TV revenues and great collective bargaining skills against a weak Union have allowed NFL franchises to actually turn a profit. The majority of the owners don't make a sizable profit from the franchise. Their money is made in their bread and butter, whatever it is that made them wealthy.

I do agree that most politicians, journalists, and our society don't understand the tax code.

Fuck you mean “if”.

70% won't happen in the near future. It would take something sure for that to happen. 40%, 50% maybe.

2001400ex

creepycoug said:

2001400ex said:

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

Da fuq? I like how you talk like you know something when you don't.

First, if AOC gets her way on the 70%, do you really think it'll be only earned income and would exclude realized investment income? How cute.

Second, while the explosion of TV revenues and great collective bargaining skills against a weak Union have allowed NFL franchises to actually turn a profit. The majority of the owners don't make a sizable profit from the franchise. Their money is made in their bread and butter, whatever it is that made them wealthy.

I do agree that most politicians, journalists, and our society don't understand the tax code.

If she gets qualified dividends taxed as ordinary income, a lot more will have changed along with the 70%.

Not necessarily. The way I'd see it. Congress says if your income is over $10 billion, it's all taxed as ordinary. This isn't in the media now, but there's been discussion in the past of people with incomes over certain amounts all taxed as ordinary. Cause hedge fund managers and the Warren buffets of the world are the reason for it.

pawz

allpurpleallgold said:

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

I really enjoy the life cycle of right wing arguments.

Last week her idea was going to destroy America. This week it won’t make any difference at all.

Y’all making this too easy.

Why do you hate abundance?

Both can be true.

jecornel

Her Twitter game is strong. That matters in America now. Fucking Twitter matters! Christ. Who cares what the argument is or if she is wrong. Her tweet had 170 thousand likes. That smashes the shit out yoda tweeter Trump. She comes off misinformed, doesn't seem to understand the concept of profit and why it's important you can't give shit away for free, but her tweeting game is strong. America is reduced to 140 characters of stupidity. She is a contender and people are listening to her.

Swaye

jecornel said:

Her Twitter game is strong. That matters in America now. Fucking Twitter matters! Christ. Who cares what the argument is or if she is wrong. Her tweet had 170 thousand likes. That smashes the shit out yoda tweeter Trump. She comes off misinformed, doesn't seem to understand the concept of profit and why it's important you can't give shit away for free, but her tweeting game is strong. America is reduced to 140 characters of stupidity. She is a contender and people are listening to her.

I loathe every position she has on everything, but you would have to be an idiot to see that she isn't going to be a real issue going forward. She is telegenic, and the MSM LOVES her. And the DNC feels it because she has provided cover, in conjunction with the media, for everyone to lurch left. It is brilliant, even if I hate it. It's funny, she received just shy of 16,000 votes, in a New York precinct. That means, in essence, less than 16,000 New Yorkers are now driving the national political convo. Crazy. She is basically an invented politician, elected by statistically nobody, and she is driving the national debate on Green Deals and Medicare for all and wealth redistribution. I have never seen anything like it. I still like her tits.

The one thing I do like about her, besides her tits and ass, is the disruptor thing. Same thing I liked about Trump. I like a small part of anyone who shits in the establishment's cheerios, because the establishment hasn't had our best interests in mind in 200 years. FTG's.

RaceBannon

Hondo wants 70% capital gains tax

allpurpleallgold

jecornel said:

Her Twitter game is strong. That matters in America now. Fucking Twitter matters! Christ. Who cares what the argument is or if she is wrong. Her tweet had 170 thousand likes. That smashes the shit out yoda tweeter Trump. She comes off misinformed, doesn't seem to understand the concept of profit and why it's important you can't give shit away for free, but her tweeting game is strong. America is reduced to 140 characters of stupidity. She is a contender and people are listening to her.

A grown man that couldn’t follow simple directions to not talk about practice and then cried like a bitch when the rules were enforced has the audacity to shit talk AOC.

Born on third base, waiting for daddy to die so he can score a run, lecturing about free shit. Get the fuck outta here.

Swaye

allpurpleallgold said:

jecornel said:

Her Twitter game is strong. That matters in America now. Fucking Twitter matters! Christ. Who cares what the argument is or if she is wrong. Her tweet had 170 thousand likes. That smashes the shit out yoda tweeter Trump. She comes off misinformed, doesn't seem to understand the concept of profit and why it's important you can't give shit away for free, but her tweeting game is strong. America is reduced to 140 characters of stupidity. She is a contender and people are listening to her.

A grown man that couldn’t follow simple directions to not talk about practice and then cried like a bitch when the rules were enforced has the audacity to shit talk AOC.

Born on third base, waiting for daddy to die so he can score a run, lecturing about free shit. Get the fuck outta here.

Angry APAG is best APAG

2001400ex

RaceBannon said:

Hondo wants 70% capital gains tax

Race can't read.

HoustonHusky

allpurpleallgold said:

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

I really enjoy the life cycle of right wing arguments.

Last week her idea was going to destroy America. This week it won’t make any difference at all.

Y’all making this too easy.

This is her only idea? Another brilliant straw-man argument...

HoustonHusky

2001400ex said:

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

Da fuq? I like how you talk like you know something when you don't.

First, if AOC gets her way on the 70%, do you really think it'll be only earned income and would exclude realized investment income? How cute.

Second, while the explosion of TV revenues and great collective bargaining skills against a weak Union have allowed NFL franchises to actually turn a profit. The majority of the owners don't make a sizable profit from the franchise. Their money is made in their bread and butter, whatever it is that made them wealthy.

I do agree that most politicians, journalists, and our society don't understand the tax code.

Go find where she is talking about taxing dividends at 70%...I can give you a long list where she talks about marginal tax rates at 70%:
https://www.foxnews.com/politics/crenshaw-ocasio-cortez-trade-twitter-barbs-over-super-bowl
https://morningconsult.com/2019/02/04/warrens-proposed-tax-on-wealthy-draws-more-support-than-ocasio-cortezs/
https://www.marketwatch.com/story/ocasio-cortez-suggests-individual-tax-rates-as-high-as-70-2019-01-04
https://www.vox.com/policy-and-politics/2019/1/4/18168431/alexandria-ocasio-cortez-70-percent

Or keep making shit up...

Who cares how NFL teams make there money. Let's use the Patriots as an example...Robert Kraft is the "owner", but the team is actually owned by The Kraft Group LLC:
https://www.thekraftgroup.com/

They get the income from everything...stadium (where they make a good chunk of their money), licensing, etc. etc. You think they give Robert Kraft a $100MM salary, or do you thing they give him a nominal "salary" and distribute earning via dividends to the shareholders, of which is probably basically him and his family/kids.

HondoFS...

HoustonHusky

jecornel said:

Her Twitter game is strong. That matters in America now. Fucking Twitter matters! Christ. Who cares what the argument is or if she is wrong. Her tweet had 170 thousand likes. That smashes the shit out yoda tweeter Trump. She comes off misinformed, doesn't seem to understand the concept of profit and why it's important you can't give shit away for free, but her tweeting game is strong. America is reduced to 140 characters of stupidity. She is a contender and people are listening to her.

This is true, but its a media-driven phenomenon...a good example is HondoFS and his favorite "fact-checkers", where they have to basically say its true but its really false on stuff conservatives say. If is was a conservative argument and it was Crenshaw making it, do you think the AP article would frame the article as 'Crenshaw hits back' instead of something to the effect of 'Crenshaw shows fundamental lack of understanding the tax code by arguing with AOC...'.

The media fuels it and drives it by giving her and others (Bernie, Warren) an open platform to spew nonsense without calling them out on it. Its why Trump in all of his craziness is still smart to be tweeting directly to everyone...it reduces the amount of "analysis" the media can do on whatever he says because what he says still gets out to (most) everybody, and they just add there nonsense of why we shouldn't believe whatever he says.

2001400ex

HoustonHusky said:

2001400ex said:

HoustonHusky said:

She stupid and wrong...most if not all teams are owned as corporations that distribute revenues to the “owners” as dividends, so those distributions would be taxed as such and not as “income”...any that aren’t will be if something this dumb ever passes. It’s a dumb discussion because implementing it will just change how a bunch of people hide and get to their money...mainly will just give accounts and lawyers more work.

The fact that a sitting Rep, most journalists, and a good chunk of society don’t understand this simple wrinkle in our tax code is pretty sad...

Da fuq? I like how you talk like you know something when you don't.

First, if AOC gets her way on the 70%, do you really think it'll be only earned income and would exclude realized investment income? How cute.

Second, while the explosion of TV revenues and great collective bargaining skills against a weak Union have allowed NFL franchises to actually turn a profit. The majority of the owners don't make a sizable profit from the franchise. Their money is made in their bread and butter, whatever it is that made them wealthy.

I do agree that most politicians, journalists, and our society don't understand the tax code.

Go find where she is talking about taxing dividends at 70%...I can give you a long list where she talks about marginal tax rates at 70%:
https://www.foxnews.com/politics/crenshaw-ocasio-cortez-trade-twitter-barbs-over-super-bowl
https://morningconsult.com/2019/02/04/warrens-proposed-tax-on-wealthy-draws-more-support-than-ocasio-cortezs/
https://www.marketwatch.com/story/ocasio-cortez-suggests-individual-tax-rates-as-high-as-70-2019-01-04
https://www.vox.com/policy-and-politics/2019/1/4/18168431/alexandria-ocasio-cortez-70-percent

Or keep making shit up...

Who cares how NFL teams make there money. Let's use the Patriots as an example...Robert Kraft is the "owner", but the team is actually owned by The Kraft Group LLC:
https://www.thekraftgroup.com/

They get the income from everything...stadium (where they make a good chunk of their money), licensing, etc. etc. You think they give Robert Kraft a $100MM salary, or do you thing they give him a nominal "salary" and distribute earning via dividends to the shareholders, of which is probably basically him and his family/kids.

HondoFS...

Did you read what I wrote or just see I disagreed and started your rebuttal?

I know exactly what AOC has said. There's no full plan right now. If this goes thru Congress, they will probably include all income, not just earned income. I also don't think it'll be 70%. (All shit I've written in this thread)

I also addressed your NFL question. Do you really think the money Kraft makes from the Patriots is significant to his overall income? He didn't start an NFL franchise and become a billionaire. It was the other way around.

PurpleThrobber

jecornel said:

Her Twitter game is strong. That matters in America now. Fucking Twitter matters! Christ. Who cares what the argument is or if she is wrong. Her tweet had 170 thousand likes. That smashes the shit out yoda tweeter Trump. She comes off misinformed, doesn't seem to understand the concept of profit and why it's important you can't give shit away for free, but her tweeting game is strong. America is reduced to 140 characters of stupidity. She is a contender and people are listening to her.

I just look at her rack.

Whatever she says is just like Charlie Brown's teacher talk after getting locked in on her chest. Same as with any other female.