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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 04-22-2021, 12:15 PM   #9136
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I'm surprised there's a knee jerk reaction to this. Its been known for months 39.6% for long term capital gains over $1M was all but a guarantee to at least be proposed.
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Old 04-22-2021, 01:05 PM   #9137
lewdog lewdog is offline
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Went from up 6% on the day overall to down 2% in the matter of minutes. But Presidents don't have an effect on the stock market.
Not my fault you own a bunch of shitty meme stocks with pussy assed retail investors.

S&P down .7%. lol
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Old 04-22-2021, 01:20 PM   #9138
Ninerfan11 Ninerfan11 is offline
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Really scary when politicians get involved in the markets like this. Why long term capital gains though? Wouldn't you want people to invest long term and hold in good investments? These people are absolutely incompetent. I hope people don't get crushed.
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Old 04-22-2021, 01:28 PM   #9139
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Really scary when politicians get involved in the markets like this. Why long term capital gains though? Wouldn't you want people to invest long term and hold in good investments? These people are absolutely incompetent. I hope people don't get crushed.
Not that I agree with the increase but it’s if you’re earning $1M or more in financial assets. This doesn’t effect very many people and definitely not the middle class and probably no one on CP.

People drawing out $1M or more in a year won’t be getting “crushed.”
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Old 04-22-2021, 01:34 PM   #9140
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Not that I agree with the increase but it’s if you’re earning $1M or more in financial assets. This doesn’t effect very many people and definitely not the middle class and probably no one on CP.

People drawing out $1M or more in a year won’t be getting “crushed.”
I'm talking about the people who will be left holding the bags. Smart people and business owners are already leaving the US.
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Old 04-22-2021, 01:44 PM   #9141
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Weird post to neg rep me over, Niner. I'm not wrong. Yes, I do know economics.

This should have already been baked in.
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Old 04-22-2021, 01:49 PM   #9142
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I'm talking about the people who will be left holding the bags. Smart people and business owners are already leaving the US.
Who's leaving? Links?
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Old 04-22-2021, 01:54 PM   #9143
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Weird post to neg rep me over, Niner. I'm not wrong. Yes, I do know economics.

This should have already been baked in.
This type of stuff is not "baked in" because it sounds ludicrous during campaigns and no one actually thinks they are going to go through with presenting it (same with DC statehood, electoral college, etc)...so when it actually DOES get presented it scares the crap out of everyone. These dirty lunatics have courage, I'll give them that, but they also have the entire media supporting them.
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Old 04-22-2021, 01:55 PM   #9144
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Who's fault is that?
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Old 04-22-2021, 01:56 PM   #9145
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Who's leaving? Links?
I know plenty of crypto people and silicon valley people who are leaving. Leaving the US is HUGE in crypto right now...this will only spread. LOL @ "links"...the really influential people won't have "links", they'll just bounce to Cayman.
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Old 04-22-2021, 01:57 PM   #9146
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Who's fault is that?
It really goes back to around 1918. One could argue it goes back even further.
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Old 04-22-2021, 01:59 PM   #9147
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I, for one, had no delusions that previous administration policies would not be reversed. You felt the same.
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Old 04-22-2021, 02:00 PM   #9148
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Not my fault you own a bunch of shitty meme stocks with pussy assed retail investors.

S&P down .7%. lol
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Old 04-22-2021, 02:01 PM   #9149
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I, for one, had no delusions that previous administration policies would not be reversed. You felt the same.
I never said anything about "reversed".
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Old 04-22-2021, 02:03 PM
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Old 04-22-2021, 02:04 PM   #9150
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I never said anything about "reversed".
Didn't say you did but this is what it is.
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