No matter what I said prior, did not matter. It was Joes Treasury Secretary's statement about taxing unrealized capital gains. Only crazy people actually say things like this, whether or not it happens. He got that. Then I showed him a picture of the health secretary, and he just looked and said.... maybe I should have listened to you (fake chuckle).
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Taxing unrealized gains?
Can I write off some unrealized losses?
Probably you would be able to, I dont see how not. Doesnt make it any better. It will take all but professional institutions out of the investment game.
Well if I declare unrealized losses I can just write off my next $5 million in losses today and carry over the tax credit annually instead of requesting a return check right? So I might never actualize those losses but hey that’s the governments problem. I’ll be over here not paying taxes anymore 😂
LOL good point. Imagine if they started doing that with property
Well that might get you a Cliven Bundy lol.
Wait you mean you can't do it with property? Write off depreciation/appreciation(?), write off mortgage interest, mortgage payments, any utilities, fixes, town taxes, any profits from property get taken out from the LLC owning the property to a c-corp where you can maximize tax benefits.
You don't make a lot on rent (unless your mortgage is paid off) but its the tax benefits where you rake it in while it increases in value and you build equity.
1031 exchanges going by by
How about we just all agree to stop giving the government our fucking money.
Starve the cancer.
then they print it instead. not sure how serious you are.
You can count unrealized votes, apparently
Under-rated comment
Unrealized comment
BOOM
Lol. Joe isn’t going to let you pay him less money.
How the fuck would you save up for retirement? You'd be paying taxes every year.
Hi, I'm from the government and we'll help you out with a bit of extra funding. Oh, sorry, looks like we already spent it. Could you live with your kids maybe?
Everyone buys a jet, accelerated depreciation.
Government collapses
Lol yeah, I hadn't heard about this either until just now. Really not sure what to say or think. These people are in the cockpit. It's incredible.
Scary to think we have no protection anymore. Floodgates are open.
Don't give up your guns. Keep fighting for your speech. We have little representation and our courts are cucked, so it won't be long before they come at us hard.
Bongino covered it like 8 months ago.
Every lottery ticket you didn’t win
If we all buy a lottery ticket in the next couple days we can each write off almost a billion dollars!
I think it’s a scare tactic to try to plummet the price of btc so they can scoop it up.
Good point. These institutions missed out on the cheap early days of crypto. Thought them wanting to control it or destroy it doesn’t surprise me
Why are you against crypto?
Crypto is actually a method of fighting back against the deep state, the international banking cartel, and the establishment.
I think you should get on board.
The Fed is going to come out with FedCoin and force you to use THEIR crypto. So get out ahead of the game. When you live under tyranny, you have to hide your assets and wealth.
Can my wife get a breast job covered by insurance.....it's for her pre-cancerous condition. She doesn't have cancer yet, but it's possible that she could at some point in the future.
If they can claim I have to pay for some brokebrain's gender reassignment, you can bet your ass they'd better pony up for some new fun bags.
And even with "New Boobs in Every Home!" as a slogan, though, ChynaJoe would still have to cheat to come close.
Well I mean, they'll let you put a 5 year old on hormone blockers because, in the future they might be a tranny...
If she identifies as a man who needs perkier boobs to feel like a woman, yes!
Unrealized boobs
Are you a Trump hater? If so, y yes you can