Manchin just killed the Biden administration UPDATE: They're still working

[TRY GOD]

Is all income taxed at the same rate?

What does this have to do with the failed attempt to make a law to tax unrealized capital gains?

You're moving the goal post to goad me into an argument that makes you look good after I've shut down your numerous attempts to try to make me look bad.

 

[Tha_Mac]

This is why politics should be a civic duty and not a career. Term limits need to be a thing. Until that whole structure is reformed this country is never moving forward.

And holding them to the highest of standards. Any hint of controversy, racism, scandal, discrimination, or corruption and you're out.

That's how you weed out the good from the bad and truly do what's best for this country and the regular people instead of making sure the wealthy pockets stay fat and keep them ahead of the game.

 

[THE MACHINE]

Biden should go the executive order route, start with student loans and then don’t run next cycle.

This will be best for America.

I’m not even sure he really wants this stuff passed. Real buddy-buddy with those republicans for too long.

 

[mobbinfms]

What does this have to do with the failed attempt to make a law to tax unrealized capital gains?

You're moving the goal post to goad me into an argument that makes you look good after I've shut down your numerous attempts to try to make me look bad.

Based on your posts, it seems that you are woefully misinformed. I would encourage you to seek knowledge from non biased sources and lay off offering opinions until you have a better understanding of the basics. The smartest thing you can do is admit the things you don’t know.

 

[TRY GOD]

Based on your posts, it seems that you are woefully misinformed. I would encourage you to seek knowledge from non biased sources and lay off offering opinions until you have a better understanding of the basics. The smartest thing you can do is admit the things you don’t know.

You have not discredited anything in my supposed misinformed post, you asked redundant questions that I answered multiple times, and now you don't have any answers. So now you're bowing out is what this post says.

 

[mobbinfms]

You have not discredited anything in my supposed misinformed post, you asked redundant questions that I answered multiple times, and now you don't have any answers. So now you're bowing out is what this post says.

You said they were trying to tax your stock account. That was wrong.
You said taxing different income levels was discriminatory, it’s the bedrock principle of progressive marginal income tax rates.
Like I said, you don’t understand the basics and need to study up rather than trying to form opinions about things you don’t understand.

 

[FukkaPaidEmail]

It’s a wealth tax. It would have applied to those with a billion in assets or 100 million in income for three consecutive years. Approximately 700 people. It’s a way to reach all the income that is protected from taxation through shenanigans.

Doesn’t matter. If it isn’t profit you should not be taxed on it . Will unrealized losses get the same treatment as far as tax breaks ? This will just lead to higher market manipulation and heavy heavy money market games . If people think short selling,pumps and dumps and tax loss harvesting is bad now it would pale in comparison to what would happen if that was passed and in the end the only ones that would get hurt in this would be retail because they have no idea regarding what is happening behind closed doors

 

[mobbinfms]

Doesn’t matter. If it isn’t profit you should not be taxed on it . Will unrealized losses get the same treatment as far as tax breaks ? This will just lead to higher market manipulation and heavy heavy money market games . If people think short selling,pumps and dumps and tax loss harvesting is bad now it would pale in comparison to what would happen if that was passed and in the end the only ones that would get hurt in this would be retail because have no idea regarding what is happening behind closed doors

If your opposition to it is based upon it may have unintended consequences in the market, I can understand that. If you oppose it because you think the super wealthy will find a way to get around it, I’d rather try something to address income/wealth inequality as opposed to assuming everything will fail and end up doing nothing.
What makes zero sense is opposing it because you think it will apply to you.

 

[TRY GOD]

You said they were trying to tax your stock account. That was wrong.
You said taxing different income levels was discriminatory, it’s the bedrock principle of progressive marginal income tax rates.
Like I said, you don’t understand the basics and need to study up rather than trying to form opinions about things you don’t understand.

No these are arguments that you are manufacturing as mine, which are not, and then you're arguing against your own arguments.

I was right in saying they were going to tax accounts including stock and crypto, through the unrealized capital gains tax.

Your manufacturing fake arguments, to try to discredit my posts which you have not yet done. Nice try though.

 

[TRY GOD]

If your opposition to it is based upon it may have unintended consequences in the market, I can understand that. If you oppose it because you think the super wealthy will find a way to get around it, I’d rather try something to address income/wealth inequality as opposed to assuming everything will fail and end up doing nothing.
What makes zero sense is opposing it because you think it will apply to you.

Name an American law that doesn't apply to the American citizens.

 

[TRY GOD]

Doesn’t matter. If it isn’t profit you should not be taxed on it . Will unrealized losses get the same treatment as far as tax breaks ? This will just lead to higher market manipulation and heavy heavy money market games . If people think short selling,pumps and dumps and tax loss harvesting is bad now it would pale in comparison to what would happen if that was passed and in the end the only ones that would get hurt in this would be retail because they have no idea regarding what is happening behind closed doors

His whole point is moot because, a person who it's poor could have put all their money into a shyt coin, and made lots of money over time if that shyt coin starts to gain in value. If that person went from nothing to a lot of money, they are now targets of the unrealized capital gains tax, which isn't proportional to that person which @mobbinfms Is trying to suggest.

 

[mobbinfms]

I would have been right in saying they were going to tax accounts of approx 700 Americans who have 1 billion in assets or 100 million in income in three consecutive years, including stock and crypto, through the unrealized capital gains tax. But I didn’t. So I posted misinformation.

Fixed that for you. I see you acknowledge your mistake on income tax rate discrimination.

 

[Jekyll]

Taxing unrealized gains at any level is insane .

The rich drove them to that point by hiding money in equity as a tax avoidance measure. There’s only so many people you can let get away with it before it breaks the system.

 

[TRY GOD]

Fixed that for you. I see you acknowledge your mistake on income tax rate discrimination.

Again you're creating your own arguments, you literally rewrote my post in order to make a point that I didn't make but you did.

My point was that a law applies to all citizens. It doesn't matter where it fukking starts, whatever the fukk you just posted is a message to yourself to affirm yourself as being right, but you're not.

 

[TRY GOD]

The rich drove them to that point by hiding money in equity as a tax avoidance measure. There’s only so many people you can let get away with it before it breaks the system.

Where does it end, which @mobbinfms is neglecting to admit and moving the goal post in order to not confront.