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#9196 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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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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Posts: 53,803
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#9197 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Posts: 46,016
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#9198 |
MVP
Join Date: Sep 2019
Casino cash: $4540400
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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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"although there is evidence of potential violations regarding the handling of classified information, no reasonable prosecutor would bring such a case" - James Comey |
Posts: 16,231
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#9199 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Quote:
People drawing out $1M or more in a year won’t be getting “crushed.” |
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Posts: 46,016
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#9200 |
MVP
Join Date: Sep 2019
Casino cash: $4540400
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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.
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"although there is evidence of potential violations regarding the handling of classified information, no reasonable prosecutor would bring such a case" - James Comey |
Posts: 16,231
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#9201 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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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. |
Posts: 53,803
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#9202 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $2028491
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Who's leaving? Links?
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Active fan of the greatest team in NFL history. |
Posts: 142,327
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#9203 |
MVP
Join Date: Sep 2019
Casino cash: $4540400
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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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"although there is evidence of potential violations regarding the handling of classified information, no reasonable prosecutor would bring such a case" - James Comey |
Posts: 16,231
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#9204 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Who's fault is that?
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Posts: 53,803
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#9205 |
MVP
Join Date: Sep 2019
Casino cash: $4540400
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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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"although there is evidence of potential violations regarding the handling of classified information, no reasonable prosecutor would bring such a case" - James Comey |
Posts: 16,231
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#9206 |
MVP
Join Date: Sep 2019
Casino cash: $4540400
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It really goes back to around 1918. One could argue it goes back even further.
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"although there is evidence of potential violations regarding the handling of classified information, no reasonable prosecutor would bring such a case" - James Comey |
Posts: 16,231
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#9207 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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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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Posts: 53,803
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#9208 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7284386
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Posts: 11,432
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#9209 |
MVP
Join Date: Sep 2019
Casino cash: $4540400
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I never said anything about "reversed".
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"although there is evidence of potential violations regarding the handling of classified information, no reasonable prosecutor would bring such a case" - James Comey |
Posts: 16,231
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#9210 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Posts: 53,803
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