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The dazzler's approach to advocating for higher taxes - There for other people

WestlinnDuck
WestlinnDuck Member Posts: 17,633 Standard Supporter
So Bob Dylan is selling his catalog for $300 million and closing the deal in 2020 with the federal capital gains tax at 20%. Biden and the dems want the rate to go to at least 39.6% Reminds me of both Al Gore selling his cable network and George Lucas selling the Star Wars catalog and beating capital gain increases.

Comments

  • PurpleThrobber
    PurpleThrobber Member Posts: 48,126 Standard Supporter

    So Bob Dylan is selling his catalog for $300 million and closing the deal in 2020 with the federal capital gains tax at 20%. Biden and the dems want the rate to go to at least 39.6% Reminds me of both Al Gore selling his cable network and George Lucas selling the Star Wars catalog and beating capital gain increases.

    So Bob Dylan is on the commie insider payroll, too, and is cashing in before the new tax rates hit normal people?

    Sounds about right.
  • HHusky
    HHusky Member Posts: 23,973
    I’m sure no one will sell a capital asset for gain ever again. Sad.
  • SFGbob
    SFGbob Member Posts: 33,183
    Dazzler's approach to everything is just to lie about it.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,633 Standard Supporter
    SFGbob said:

    Dazzler's approach to everything is just to lie about it.

    The dazzler loves hypocrisy. As long as it is on the left.
  • HHusky
    HHusky Member Posts: 23,973
    edited December 2020

    SFGbob said:

    Dazzler's approach to everything is just to lie about it.

    The dazzler loves hypocrisy. As long as it is on the left.
    Prospective changes to tax rates produce incentives? Who knew?
  • RoadTrip
    RoadTrip Member, Swaye's Wigwam Posts: 8,171 Founders Club
    HHusky said:

    I’m sure no one will sell a capital asset for gain ever again. Sad.

    One they've already paid taxes on owning year after year after year.
  • HHusky
    HHusky Member Posts: 23,973
    RoadTrip said:

    HHusky said:

    I’m sure no one will sell a capital asset for gain ever again. Sad.

    One they've already paid taxes on owning year after year after year.
    You pay taxes on unrealized gains every year? I think you need a new accountant.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,633 Standard Supporter
    HHusky said:

    SFGbob said:

    Dazzler's approach to everything is just to lie about it.

    The dazzler loves hypocrisy. As long as it is on the left.
    Prospective changes to tax rates produce incentives? Who knew?
    The fact that increasing taxes on private sector activity reduces private sector activity is still phu*cking news to leftards. The fact that you are a phu*cking ignorant hypocrite is not news.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,633 Standard Supporter
    HHusky said:

    RoadTrip said:

    HHusky said:

    I’m sure no one will sell a capital asset for gain ever again. Sad.

    One they've already paid taxes on owning year after year after year.
    You pay taxes on unrealized gains every year? I think you need a new accountant.
    What you do pay is capital gains tax on each year's inflation.
  • HHusky
    HHusky Member Posts: 23,973

    HHusky said:

    RoadTrip said:

    HHusky said:

    I’m sure no one will sell a capital asset for gain ever again. Sad.

    One they've already paid taxes on owning year after year after year.
    You pay taxes on unrealized gains every year? I think you need a new accountant.
    What you do pay is capital gains tax on each year's inflation.
    appreciation = inflation?

    Disagree
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,633 Standard Supporter
    So, I buy a stock for $100 and the inflation rate for the year is 3% and I sell the stock for $103 - how much money did I really make? Maff is hard for leftards.
  • HHusky
    HHusky Member Posts: 23,973

    HHusky said:

    SFGbob said:

    Dazzler's approach to everything is just to lie about it.

    The dazzler loves hypocrisy. As long as it is on the left.
    Prospective changes to tax rates produce incentives? Who knew?
    The fact that increasing taxes on private sector activity reduces private sector activity is still phu*cking news to leftards. The fact that you are a phu*cking ignorant hypocrite is not news.
    When the rate is 20%, people will take profits.

    When the rate is 39%, people will take profits.

    Around the time of the change--assuming it is announced in advance--people either rush to sell (if the rate is increasing) or delay selling. These short term effects disappear quickly. There's this thing called history. You should look into it.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,633 Standard Supporter
    Just more proof that you never got an MBA. People invest and want a rate of return. That rate of return is after tax rate of return. The higher the tax rate the lower return on investment. That means more risk and less investment. Sort of shocked that your matchbook cover MBA class didn't cover that.
  • HHusky
    HHusky Member Posts: 23,973

    Just more proof that you never got an MBA. People invest and want a rate of return. That rate of return is after tax rate of return. The higher the tax rate the lower return on investment. That means more risk and less investment. Sort of shocked that your matchbook cover MBA class didn't cover that.

    Fascinating! Except the real world data doesn't support your claim. There's are reasons for that, but discussing them wouldn't be as satisfying to you as pontificating.
  • HHusky
    HHusky Member Posts: 23,973

    So, I buy a stock for $100 and the inflation rate for the year is 3% and I sell the stock for $103 - how much money did I really make? Maff is hard for leftards.

    If you're repeatedly getting 3% on money you are putting at risk, you have every right to be upset. But not at anyone here.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,633 Standard Supporter
    HHusky said:

    Just more proof that you never got an MBA. People invest and want a rate of return. That rate of return is after tax rate of return. The higher the tax rate the lower return on investment. That means more risk and less investment. Sort of shocked that your matchbook cover MBA class didn't cover that.

    Fascinating! Except the real world data doesn't support your claim. There's are reasons for that, but discussing them wouldn't be as satisfying to you as pontificating.
    Except every major capital project by business or investment firms runs an after tax rate of return. That's how fascinating it is. You increase taxes on private sector activity and you get less of it. You provide tax incentives for private sector activity - like wind and solar tax credits - you get more of it. When you get around to it you can tell us why gravity doesn't matter.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,113 Founders Club
    Biden will punt and H will look an idiot again
  • HHusky
    HHusky Member Posts: 23,973

    HHusky said:

    Just more proof that you never got an MBA. People invest and want a rate of return. That rate of return is after tax rate of return. The higher the tax rate the lower return on investment. That means more risk and less investment. Sort of shocked that your matchbook cover MBA class didn't cover that.

    Fascinating! Except the real world data doesn't support your claim. There's are reasons for that, but discussing them wouldn't be as satisfying to you as pontificating.
    Except every major capital project by business or investment firms runs an after tax rate of return. That's how fascinating it is. You increase taxes on private sector activity and you get less of it. You provide tax incentives for private sector activity - like wind and solar tax credits - you get more of it. When you get around to it you can tell us why gravity doesn't matter.
    We were talking about capital gains. I don't blame you for running from that topic.
  • HHusky
    HHusky Member Posts: 23,973

    Biden will punt and H will look an idiot again

    Even though I'm not selling my music catalog.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,633 Standard Supporter
    HHusky said:

    HHusky said:

    Just more proof that you never got an MBA. People invest and want a rate of return. That rate of return is after tax rate of return. The higher the tax rate the lower return on investment. That means more risk and less investment. Sort of shocked that your matchbook cover MBA class didn't cover that.

    Fascinating! Except the real world data doesn't support your claim. There's are reasons for that, but discussing them wouldn't be as satisfying to you as pontificating.
    Except every major capital project by business or investment firms runs an after tax rate of return. That's how fascinating it is. You increase taxes on private sector activity and you get less of it. You provide tax incentives for private sector activity - like wind and solar tax credits - you get more of it. When you get around to it you can tell us why gravity doesn't matter.
    We were talking about capital gains. I don't blame you for running from that topic.
    You are drowning here Mr. MBA. You invest in real property or a business, the end game is to sell for more than you paid and that gain is taxed at long-term capital gains rates, currently 20% for individuals and 21% for corporations. The end game is very different if the gain is taxes at 39.6%. Again basic business and Maff concepts escape you.
  • SFGbob
    SFGbob Member Posts: 33,183
    HHusky said:

    Biden will punt and H will look an idiot again

    Even though I'm not selling my music catalog.
    This is time in the discussion where Dazzler just starts lying. Maybe he tells you what you were really thinking or what you really meant to say.
  • HHusky
    HHusky Member Posts: 23,973
    edited December 2020

    HHusky said:

    HHusky said:

    Just more proof that you never got an MBA. People invest and want a rate of return. That rate of return is after tax rate of return. The higher the tax rate the lower return on investment. That means more risk and less investment. Sort of shocked that your matchbook cover MBA class didn't cover that.

    Fascinating! Except the real world data doesn't support your claim. There's are reasons for that, but discussing them wouldn't be as satisfying to you as pontificating.
    Except every major capital project by business or investment firms runs an after tax rate of return. That's how fascinating it is. You increase taxes on private sector activity and you get less of it. You provide tax incentives for private sector activity - like wind and solar tax credits - you get more of it. When you get around to it you can tell us why gravity doesn't matter.
    We were talking about capital gains. I don't blame you for running from that topic.
    You are drowning here Mr. MBA. You invest in real property or a business, the end game is to sell for more than you paid and that gain is taxed at long-term capital gains rates, currently 20% for individuals and 21% for corporations. The end game is very different if the gain is taxes at 39.6%. Again basic business and Maff concepts escape you.
    Anyone with an MBA or any business experience at all can see that you want to stray from the topic of capital gains. Ever hear of the CAPM, Gasbag? Do business owners ever take a salary? Dividends?
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,126 Standard Supporter
    HHusky said:

    HHusky said:

    Just more proof that you never got an MBA. People invest and want a rate of return. That rate of return is after tax rate of return. The higher the tax rate the lower return on investment. That means more risk and less investment. Sort of shocked that your matchbook cover MBA class didn't cover that.

    Fascinating! Except the real world data doesn't support your claim. There's are reasons for that, but discussing them wouldn't be as satisfying to you as pontificating.
    Except every major capital project by business or investment firms runs an after tax rate of return. That's how fascinating it is. You increase taxes on private sector activity and you get less of it. You provide tax incentives for private sector activity - like wind and solar tax credits - you get more of it. When you get around to it you can tell us why gravity doesn't matter.
    We were talking about capital gains. I don't blame you for running from that topic.
    Oh fuck off. You are so far out of your lane it's not even funny.

    Jesus Christ, Dazzler. Over and over again your maff skills get slaughtered. Stay out of finance.

  • HHusky
    HHusky Member Posts: 23,973
    edited December 2020

    HHusky said:

    HHusky said:

    Just more proof that you never got an MBA. People invest and want a rate of return. That rate of return is after tax rate of return. The higher the tax rate the lower return on investment. That means more risk and less investment. Sort of shocked that your matchbook cover MBA class didn't cover that.

    Fascinating! Except the real world data doesn't support your claim. There's are reasons for that, but discussing them wouldn't be as satisfying to you as pontificating.
    Except every major capital project by business or investment firms runs an after tax rate of return. That's how fascinating it is. You increase taxes on private sector activity and you get less of it. You provide tax incentives for private sector activity - like wind and solar tax credits - you get more of it. When you get around to it you can tell us why gravity doesn't matter.
    We were talking about capital gains. I don't blame you for running from that topic.
    Oh fuck off. You are so far out of your lane it's not even funny.

    Jesus Christ, Dazzler. Over and over again your maff skills get slaughtered. Stay out of finance.

    Setting aside the fact that my MBA was in finance, there's decades of history you girls can't explain with your dogma.

    When your preferred economic propositions don't explain or accurately predict human behavior, the problem is with you.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,633 Standard Supporter
    HHusky said:

    HHusky said:

    HHusky said:

    Just more proof that you never got an MBA. People invest and want a rate of return. That rate of return is after tax rate of return. The higher the tax rate the lower return on investment. That means more risk and less investment. Sort of shocked that your matchbook cover MBA class didn't cover that.

    Fascinating! Except the real world data doesn't support your claim. There's are reasons for that, but discussing them wouldn't be as satisfying to you as pontificating.
    Except every major capital project by business or investment firms runs an after tax rate of return. That's how fascinating it is. You increase taxes on private sector activity and you get less of it. You provide tax incentives for private sector activity - like wind and solar tax credits - you get more of it. When you get around to it you can tell us why gravity doesn't matter.
    We were talking about capital gains. I don't blame you for running from that topic.
    You are drowning here Mr. MBA. You invest in real property or a business, the end game is to sell for more than you paid and that gain is taxed at long-term capital gains rates, currently 20% for individuals and 21% for corporations. The end game is very different if the gain is taxes at 39.6%. Again basic business and Maff concepts escape you.
    Anyone with an MBA or any business experience at all can see that you want to stray from the topic of capital gains. Ever hear of the CAPM, Gasbag? Do business owners ever take a salary? Dividends?
    No habla gibberish. I have discussed the tax on capital gains and its impact on after tax cash flow. You just choose to tell me that there is no impact on private sector investment activity with a massive increase in the LTCG rate. That not ignoring dazzler that is ignorance.
  • HHusky
    HHusky Member Posts: 23,973

    HHusky said:

    HHusky said:

    HHusky said:

    Just more proof that you never got an MBA. People invest and want a rate of return. That rate of return is after tax rate of return. The higher the tax rate the lower return on investment. That means more risk and less investment. Sort of shocked that your matchbook cover MBA class didn't cover that.

    Fascinating! Except the real world data doesn't support your claim. There's are reasons for that, but discussing them wouldn't be as satisfying to you as pontificating.
    Except every major capital project by business or investment firms runs an after tax rate of return. That's how fascinating it is. You increase taxes on private sector activity and you get less of it. You provide tax incentives for private sector activity - like wind and solar tax credits - you get more of it. When you get around to it you can tell us why gravity doesn't matter.
    We were talking about capital gains. I don't blame you for running from that topic.
    You are drowning here Mr. MBA. You invest in real property or a business, the end game is to sell for more than you paid and that gain is taxed at long-term capital gains rates, currently 20% for individuals and 21% for corporations. The end game is very different if the gain is taxes at 39.6%. Again basic business and Maff concepts escape you.
    Anyone with an MBA or any business experience at all can see that you want to stray from the topic of capital gains. Ever hear of the CAPM, Gasbag? Do business owners ever take a salary? Dividends?
    No habla gibberish. I have discussed the tax on capital gains and its impact on after tax cash flow. You just choose to tell me that there is no impact on private sector investment activity with a massive increase in the LTCG rate. That not ignoring dazzler that is ignorance.
    You're not listening. I am telling you there is a short term impact in reaction to the change, assuming the change is announced or expected. Then the impact disappears. That has been borne out time and again.
  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter
    Taxation is theft.
  • HHusky
    HHusky Member Posts: 23,973

    Taxation is theft.

    deep
  • SFGbob
    SFGbob Member Posts: 33,183
    HHusky said:

    Taxation is theft.

    deep

    No red state provides free voter ID


    Deeper and a fucking lie.
  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter
    HHusky said:

    Taxation is theft.

    deep
    It is.