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RIP Gains

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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,580 Founders Club

    Since this is the classy board would like to hear from Biden voters on the merits of this pro or con without a bunch of noise

    This always comes up but rarely gets anywhere. One of the good? things about billionaires funding both parties?

    To me it doesn't matter who you voted for in 2020. Trump made my taxes go up, bigly.

    Taxes are fucked up in this country. The middle gets squeezed while those on the high end of the spectrum don't pay their fair share. Corporations included.

    One of the most successful people I know said he's happy to pay more in taxes. It just means he's been more successful and he is motivated to make more $.
    Take it to the tug

    I got a big tax cut because I am in the middle

    So your in favor?

    I got a big tax increase because I'm in the middle. Which middle are you in?
    I'm in the middle and taxes went down bigly for me under Trump. Not sure wtf you are talking about.
    This is true and out business did great too

    Then Newsom killed it but still I endeavor to persevere

    I guess Benny doesn't want to talk about capital gains
  • ntxduck
    ntxduck Member Posts: 6,232

    Since this is the classy board would like to hear from Biden voters on the merits of this pro or con without a bunch of noise

    This always comes up but rarely gets anywhere. One of the good? things about billionaires funding both parties?

    To me it doesn't matter who you voted for in 2020. Trump made my taxes go up, bigly.

    Taxes are fucked up in this country. The middle gets squeezed while those on the high end of the spectrum don't pay their fair share. Corporations included.

    One of the most successful people I know said he's happy to pay more in taxes. It just means he's been more successful and he is motivated to make more $.
    Take it to the tug

    I got a big tax cut because I am in the middle

    So your in favor?

    I got a big tax increase because I'm in the middle. Which middle are you in?
    Why not try to stay on subject here

    43% capital gains tax. Pro or con

    It’s over the first million in gains. Absolutely pro
  • ntxduck
    ntxduck Member Posts: 6,232

    It will likely kill the market this year, as the wealthy will pull out as much money as they can so they can enjoy 20% rates on capital gains this year. After the sell off, things will slowly increase again, but there will not be a huge rally by any means, until they get a new president in office.

    Back to green today. There are some absolute amateurs on here
  • Baseman
    Baseman Member Posts: 12,379

    Since this is the classy board would like to hear from Biden voters on the merits of this pro or con without a bunch of noise

    This always comes up but rarely gets anywhere. One of the good? things about billionaires funding both parties?

    To me it doesn't matter who you voted for in 2020. Trump made my taxes go up, bigly.

    Taxes are fucked up in this country. The middle gets squeezed while those on the high end of the spectrum don't pay their fair share. Corporations included.

    One of the most successful people I know said he's happy to pay more in taxes. It just means he's been more successful and he is motivated to make more $.
    Take it to the tug

    I got a big tax cut because I am in the middle

    So your in favor?

    I got a big tax increase because I'm in the middle. Which middle are you in?
    Why not try to stay on subject here

    43% capital gains tax. Pro or con

    Con: 33% max
  • BennyBeaver
    BennyBeaver Member Posts: 13,346

    Since this is the classy board would like to hear from Biden voters on the merits of this pro or con without a bunch of noise

    This always comes up but rarely gets anywhere. One of the good? things about billionaires funding both parties?

    To me it doesn't matter who you voted for in 2020. Trump made my taxes go up, bigly.

    Taxes are fucked up in this country. The middle gets squeezed while those on the high end of the spectrum don't pay their fair share. Corporations included.

    One of the most successful people I know said he's happy to pay more in taxes. It just means he's been more successful and he is motivated to make more $.
    Take it to the tug

    I got a big tax cut because I am in the middle

    So your in favor?

    I got a big tax increase because I'm in the middle. Which middle are you in?
    I'm in the middle and taxes went down bigly for me under Trump. Not sure wtf you are talking about.
    There must be multiple "middles."
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,744 Standard Supporter

    Since this is the classy board would like to hear from Biden voters on the merits of this pro or con without a bunch of noise

    This always comes up but rarely gets anywhere. One of the good? things about billionaires funding both parties?

    To me it doesn't matter who you voted for in 2020. Trump made my taxes go up, bigly.

    Taxes are fucked up in this country. The middle gets squeezed while those on the high end of the spectrum don't pay their fair share. Corporations included.

    One of the most successful people I know said he's happy to pay more in taxes. It just means he's been more successful and he is motivated to make more $.
    Take it to the tug

    I got a big tax cut because I am in the middle

    So your in favor?

    I got a big tax increase because I'm in the middle. Which middle are you in?
    I'm in the middle and taxes went down bigly for me under Trump. Not sure wtf you are talking about.
    There must be multiple "middles."
    Or you don't know what you're talking about, or you are not actually "middle."
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,580 Founders Club
    I'd max at 25% myself
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,580 Founders Club
    Also the actual proposal is 39% to match the top income rate but there is some 4% surcharge thing going on that makes it 43%
  • creepycoug
    creepycoug Member Posts: 24,286

    Since this is the classy board would like to hear from Biden voters on the merits of this pro or con without a bunch of noise

    This always comes up but rarely gets anywhere. One of the good? things about billionaires funding both parties?

    Fortunately, I expect Biden to actually die before this will see the light of day.

    Substitute "hope" for "expect" if you must.

    It is a TERRIBLE idea. One of the many reasons I didn't vote for him.
  • creepycoug
    creepycoug Member Posts: 24,286
    edited April 2021

    Since this is the classy board would like to hear from Biden voters on the merits of this pro or con without a bunch of noise

    This always comes up but rarely gets anywhere. One of the good? things about billionaires funding both parties?

    To me it doesn't matter who you voted for in 2020. Trump made my taxes go up, bigly.

    Taxes are fucked up in this country. The middle gets squeezed while those on the high end of the spectrum don't pay their fair share. Corporations included.

    One of the most successful people I know said he's happy to pay more in taxes. It just means he's been more successful and he is motivated to make more $.
    Take it to the tug

    I got a big tax cut because I am in the middle

    So your in favor?

    I got a big tax increase because I'm in the middle. Which middle are you in?




    One of THE best Seinfeld scenes ever. I lolz whenever I see it.

    I think the rest of it goes:

    Kramer: well, they do, and they're the ones writing it off.