Because they wasted 5 people’s time on it instead of pulling in the first pr

I don’t know French, but here:

O O O

Close enough?

She owns one home now and one plot of land. She doesn’t own multiple unoccupied homes. She’s also my mother, not my grandmother

They have social security and some of them have savings. My mom is planning to retire in West Virginia and she’s already planning on selling her current residence to build a house there. She chose a low property tax state on purpose.

At this point she would only receive social security and start to go through her savings to live. You want to start charging her federal taxes the moment her property is worth $1 more than what she bought it for, even though she’s on fixed income.

You are saying you want to tax retired people with no income just because they have a place to live in. Should we kick them out for nonpayment of said taxes too? Because that’s what would happen. It happens in states with property taxes, but now you want to take it national.

This is the problem with leftists. This message would be an extremely bad electoral platform.

I forgot the most obvious example:

If you bought a house for $200,000 and when you retire it’s worth $1,000,000 the government shouldn’t demand you pay a percentage of your “gain” for the rest of your life or until you are forced to sell it.

Canada?!

There were companies that didn’t survive the dot com crash despite being worth billions. Amazon is a company you would recognize, even though a better company is pets.com

If you bought their stock you would be very rich for a very short while until it went bankrupt

Did I say zero revenue? I said didn’t make a profit. Lots of companies made money, but couldn’t make more money than they spent. You can easily have an investment that is valued high that you can’t cash out

Let’s say you bought some stock now, at the end of the year it’s worth $1,000,000 and you get charged $150,000 in April. Big problem, the brokerages stopped allowing you to sell the stock and it crashed down, so now your GameStop stock is worth $100,000

How do you pay?

Amazon had its first profitable year in 2003. It was worth 21 billion dollars.

Let’s say I give $100,000 to a friend that starts a start-up. You claim after some years that investment is worth $1,000,000 and want me to pay $150,000 tax

I take out a loan for $150,000 because the startup didn’t make any profit. The startup goes bust. I now have a $100,000 loss and I paid $150,000 in taxes. Thankfully I can write $3000 off on my taxes every year until I die!

I’m saying you can’t pay with paper money, you must pay with real money for everything.

I’m not against considering loans against unrealized assets as realization (with stepped up basis) since the person taking out said loan can use it to pay said tax.

But then I’d have to take out loans to pay my taxes which is absurd. I’ll have to pay taxes on money that I don’t physically have

Can I pay my rent with unrealized capital gains?

It’s not actually higher:

https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/

Top 1% pay 25.9% of their income to taxes, bottom 50% pay 3.3%

I would give up my US citizenship if it were passed. It’s enough I live abroad and still pay taxes for my dividends. If you start taxing my investments directly, I’ll have to get a different passport

You already bought the phone with Google code in it, that ship has sailed when you purchased the device

We said it, they didn’t listen, we switched to Linux

If enough people voted with their feet they would have listened

You already have to fork the chromium project to make Brave and degoogled chromium

You can support V3 without limiting the number of filters! The limit is arbitrarily chosen to block fewer ads