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Joined 1 year ago
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Cake day: June 13th, 2023

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  • 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.





  • 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?



  • 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!