Crump is the new Al Sharpton. Yesterday, I heard him trying to foment more racial unrest by saying that the only cop to be charged with anything in the Breona Taylor case is the one who fired bullets into the apartment of white people.
I first became aware of him when Saint Trayvon up the road a ways from me had his...some might say, untimely moment of fame. After that, he's as common a sight at one of these felonious predator v the Law incidents as blocks of burned down business rubble are in democommie cities these days. Look that fucker up yourself; every felon shot by police that you ever heard of since Travon was his case. Fucking colossal race pimp. Also, bet anybody a dollar to a donut that Saint Queen Breonna's momma liked Ben's Bentley enough to get 1 of her own.
They try to pay people off before there is a trial. It doesn't work, the city still burned. They'll never learn the obvious! That 12 million would go a long way in helping the businesses that were destroyed.
A civil suit like wrongful death has a lower standard of proof than a criminal trial, to be fair, but this was likely more of a political calculation than a legal or financial one.
Criminal suits-needs to be beyond a reasonable doubt
Civil-preponderance of the evidence (basically just over 50% of evidence is true.
City settled. What many people on the left don’t realize is that settling a suit is not admitting guilt or liability.
True. Public entities are always fucking quick to give away our money. They don’t give a shit about hardworking Americans who just keep their heads down and raise a family.
But somehow the life of a black woman involved in a drug dealing enterprise is worth $12 million.
The average American makes about $2 million in their lifetime.
It almost makes me want to adopt a bunch of dindus, raise them like shit, and cast them out like I'm fishing. Would be fucking funny as hell after one gets capped to hold a press conferance admitting my entire plan while I jerk off with a strap of hundreds.
I got downvoted to shit the last time I pointed this out.
Black people are great at their own population control and as long as they continue to behave in the way they do and hate whitey and vote overwhelmingly democrat, let them keep killing their offspring.
Already tried that with Liberia. It went pretty much how you’d expect. Liberia instantly became a shithole and all the ex-slaves decided hanging around whitey aint so bad.
Overturning Roe v Wade wouldn't make abortion illegal though, would it? It would just mean that conservative states are free to ban it. Other states would still keep it legal.
Sure, but the general idea stands that if black women are having less abortions that means more black people making stupid voting decisions that aren't in their best interests or the rest of the sane country.
Living babies = more gibs. Usually the women getting the abortions are the "responsible" ones whereas parasites reproduce more often and why shouldn't they? The more babies they have, the bigger the welfare check. They have their daughters do the same as soon as they're physically able.
Restricting abortion will save White lives. Restricting gibs will halt the human-reproduction-for-profit scheme that certain segments of our society have been pulling on the rest of us.
But a reason that the crime rate is so high among black people is because of bullshit like this. Completely removing personal responsibility through abortions and the welfare state. Destroying families. It wasn’t always like this.
Yeah, I wish we had a R party that had big enough balls to do that. Seems that the D party is fine pulling the country to the left but the Rs just want to "hold on" meekly. Until we get the lion party up and running, I wouldn't hold out hope.
But yeah, getting rid of the massive welfare state would clean up a huge number of the problems in this country.
Sorry dude, I’m not going to give a pass on child murder and eugenics on the way to a better society. Abortion is a core part of the problem, and in my opinion, it is a far bigger issue than the welfare state.
They vote for it because they’ve been brainwashed by decades of cultural and familial destruction. Something has to break the cycle
I’m not even convinced all those black votes are real. There have been some sketch turnout numbers in some of these elections where they get 95+% of the black vote.
I don’t have an ounce of hate in my heart either, no matter what anyone here thinks.
Yet here you are advocating for child murder and eugenics. Ok bud.
A 800K house, when you don’t have the work/experience which can fund that lifestyle, is a horrible purchase, and just shows she is going to blow it all. And the fact she bought a Bentley further proves her poor purchasing decisions.
It's not irrelevant. You're completely missing the point. Rather than buy a house that fulfilled their needs and met their income level, they went hog-wild and bought themselves a McMansion, which is going to inherently cost much more in general maintenance and property taxes. I would be surprised if they're still there in 5 years, compared to something more affordable they could likely live in the rest of their lives. Point being, they're squandering their money instead of investing it properly, not that anyone is remotely surprised.
You are exactly right. Plus the Bentley. Those are about 200K. You can get premium Tesla’s, Mercedes, and BMWs starting at 35-40 brand new. She is way over spending on basic shit, proving she is gonna blow it all.
She tells herself she still has 11 million dollars and that is what she’ll live on for the rest of her life...but her spending habits are going to be sucked bit by bit to high prices for everything. Expensive restaurants, big liquor bills, expensive daily coffees, 12 vacations a year at expensive hotels, expensive clothes, etc.
And before she knows it she will have whittled a mountain of cash into nothing with irresponsible purchases.
She probably won’t though. Many athletes go bankrupt and that’s with financial advice onboarding seminars, they just ignore it and spend $5000K at a bar and buy luxury everything
This. A few hundred K for house, bills and some modest frivolities, and the rest into the bank with an annuity plan, some low-risk investments and dividends, and they could live very comfortably the rest of their lives, and still have something left to leave their kids and grandchildren. At the rate they're going however they're probably gonna wind up in debt.
You guys are missing the reality of how much $12m dollars is. Easily $500k-$1M in passive income every year. That is enough to qualify someone for a $1.5m mortgage. Paying cash for half that is a good buy. And as for the car - a $200k Bentley for someone with $10m in the bank is like a $2k car for someone with $100k net worth. Really not that bad of a decision.
They don't have an income to make payments on the house, meaning the bank made them pay CASH. Now they're paying utilities and other repair bills they can't keep up with. Her family most definitely plans to burn all the cash as fast as possible
It's likely a structured payment. She'll get paid about 7.2mil over time. The lawyer will get the rest. That also means the house and car are financed. She won't really ever see any of that money.
You can always tell how smart someone is once they get their first real payday. Dindu’s mom should be putting at least have that in a passive index fund and make sure she pays down any and all debt. Buy two or three duplexes and rent them all out for passive income. Buy a little gold, a little Bitcoin, and then move the fuck out of that shithole.
I cannot imagine buying a Bentley with the settlement money from my daughter's wrongful death. Extremely crass. Also, she probably got a structured settlement too, so she started with 7.2M after attorney fees, called JG Wentworth and took 3.6M, spent almost half on two purchases alone, and will spend the other half maintaining and paying taxes on those two purchases.
but there's never been a car worth more than 50 grand
cause you still gotta drive on the same roads, in the same traffic, stop at the same lights, so in effect you are paying more to do the same thing you were doing before
The only time I could see buying a car more than that is if I was a professional race car driver and wanted my own practice car (and that’s only assuming I can’t just use the work car whenever I want lol)
If she put a fraction of the energy and care into raising her daughter right that she put into getting her big payoff, her daughter would still be alive.
But I’m sure she’d rather keep the jackpot anyway.
When most people come into money suddenly, they spend it all and are broke in a very short period of time. It appears she hasnt gotten sound financial advice. I give her 2 years til she's broke af. Well, maybe sooner, uncle Sam ain't taken his bit of the $12M yet.
It depends on the how the settlement is structured.
Compensatory damages are tax-free
Punitive damages are taxable.
Money for Physical injury and sickness are tax-free
Money for emotional distress ts taxable.
Plaintiffs lawyers working on contingency typically collect 40% of the settlement. But, if any of the settlement is taxable, that 40% that goes to your attorney is taxable for you, and in most cases your attorney's cut is not deductible as legal fees.
Bentleys aren’t just about looking fancy. They are truly great cars, and an excellent place to spend time.
Are there narcissists buying them? Sure. But that doesn’t take away from what they are to the people who buy them for the comfort and driving experience.
I once heard Tommy Sotomayor say that black women in the hood are the worst stewards of children in the world. Tyshawn Lee was a 9 year old son of a gang member who was killed in retaliation of the actions of his father in 2015 in Chicago. Tyshawn Lee's mother bought a new car with her gofundme instead of using those funds to give Tyshawn a proper burial.
As of August 3rd, 2020 there were 38 juvenile killings in that city alone for the year so I am beginning to think that post birth abortions have been a lucrative business for years. Who the fuck needs planned parenthood when they are being one upped by those that they target.
$12 million dollar settlement from the city. Here's why it doesn't matter. Lack of education and knowledge is what keeps poor people poor, not lack of money.
Her family got a windfall settlement, but, as a great philosopher once said: "a little town with money is like a mule with a spinning wheel, no one knows how he got it and danged if he knows how to use it."
Her family will blow through this money, with a speed that will be shocking to people. Anytime you get a lump sum of money, a luxury car is just about the worst thing you can possibly buy. Smart people know that.
It’s 12 million dollars. To her that luxury car is the equivalent of someone with $100k net worth buying a $2k car.
Most people in this country are negative net worth financing $45k crossovers.
If anyone can afford to drive a Bentley it is someone worth 8 figures.
Even $800k on a house seems extremely reasonable. If I had money like that I’d be in the $2m range for a house and another million in cars. Id still make $500k-$1m in pasive income to live on.
After the government ends up taking their cut, you're looking at getting 6-7m if you're lucky. And that's eventual payout, not lump sum.
If you take the long term payout you can't invest. If you do you're losing a third or a half.
So assuming you take the cash you might end up with 4-5 million, tops. After house and cars, two million.
Nobody's making passive income that high on two million - not to mention property taxes and other bills and shit. On two million you'd be lucky as hell to be making 7% a year unless you paid somebody professional to invest for you, and then they're taking a cut as well.
It all adds up pretty fast.
Again only a teenager looks at this and thinks this way. People who have zero experience with large sums of money.
Anything over like 30k, you should be paying someone to invest for you. Even if it's just managed ETFs. The cut they take isn't that much.
Obviously I don't know the structure of the settlement.
I was commenting on the previous poster though who said deducting 2mi for house and 1 mil for cars out of 12 million to get the 9 million.
I realize that in a real world sense she likely did not get a full 12 million. Although a proper money manger is going to get that tax burden pretty low through opportunity zone investments, tax avoidance, etc.
You could pay 4 mil to the government or 250k to a good accountant to set up a ROTH IRA a charity (Breonna Taylor Foundation) and two corporations [A and B] and reverse merge A into a nanocap OTC pinksheet company (like NSPX) which she buys a controlling interest in her IRA, then donates the remaining money to the charity which provides a grant to company B, which then purchases the shares of the newly merged company A at whatever price she sets to have tax free gains in her ROTH.
I own my own business, employ multiple people, have multiple collector cars, 20+ acres of land and a modern 4K sq foot house.
My investments have averaged 18% return.
I do some basic math with modest numbers and you losers think I don’t know how it works get fucked lol
These responses are what I should be seeing on reddit, not a site with based conservatives. Maybe you guys are all just jealous that a black woman has more money than you guys ever will.
Yep. I made a comment that they had an opportunity to create generational wealth and they just didn't give a shit and will waste it. Shows their real goals
She'll blow through the money in less than 5 years and be back on public assistance. The lawyer Crump probably took 40%. She'll lose the house to a tax lien when she can't pay the property tax in a few years. I also guarantee the $800,000 house is in a great neighborhood with lots of police patrolling. She'd never want to defund them.
I remember when I first read about the Breonna story before it was popularized.
I read it and thought that it was a tragic story, truly sad, but the boyfriend shot at the police, and the police shoot back.
I was surprised at the traction it caught so quickly. 11 million dollars? Wow
You'll want to read the actual pages and pages at the bottom, lots of good stuff in there. The rental car (Breonna's) with the dead body in it, the phone conversations about drugs and money, all the good stuff.
If you want another one, this is from our local newspaper (we live just south of Louisville) where it debunks the whole 'she was asleep!' rumor AND tells about how the BF initially told cops SHE was the one shooting, then changed his story 'cause he was scared'
Instead of creating generational wealth... They blow it on a house and car they don't need. Predictable. Next thing you'll hear is how the system tore them down and made them poor after they blow it all in 5 years
She was rewarded for raising a daughter who sold drugs and hung out with criminals and didn't I hear had dead people in her car. It's absolutely disgusting. And like someone commented, it could have helped rebuild and clean up the city. Bet momma doesn't care. Shell probably squander it in no time. She didn't build that.....
How did she get this money exactly? And how do we know this random post is true?
The city gave it to her, courtesy of the taxpayers. That part is definitely true.
12 fucking million dollars.
$10 million AND an apology.
Piece of shit killed Americans, goes to Canada and gets awarded. Fuck Canada. Can't spell "canuck" without "CUCK".
Lol at an anagram for Canuck being an cuck.
That’ll be gone in a year.
Oh I’m sure it will be.
Let's not forget the 33%, or $4M to the family's lawyer, Ben Crump, Esq.
Crump is the new Al Sharpton. Yesterday, I heard him trying to foment more racial unrest by saying that the only cop to be charged with anything in the Breona Taylor case is the one who fired bullets into the apartment of white people.
I struggle to find the right words here to connect the "missing link" in a meme.
He, Sharpton and their ilk are shakedown hustlers. Taking money from the public under threat of violence, i.e., “peaceful protests.”
“Racism” is an unregulated industry in the U.S. worth $Billions.
Aka lying Crump the disinfo lawyer
I first became aware of him when Saint Trayvon up the road a ways from me had his...some might say, untimely moment of fame. After that, he's as common a sight at one of these felonious predator v the Law incidents as blocks of burned down business rubble are in democommie cities these days. Look that fucker up yourself; every felon shot by police that you ever heard of since Travon was his case. Fucking colossal race pimp. Also, bet anybody a dollar to a donut that Saint Queen Breonna's momma liked Ben's Bentley enough to get 1 of her own.
They try to pay people off before there is a trial. It doesn't work, the city still burned. They'll never learn the obvious! That 12 million would go a long way in helping the businesses that were destroyed.
Shit, those businesses will probably have to pay more in taxes to make up that 12 million. Double fucked.
She also got 6 million from Gofundme.
Won the scumbag lottery for raising a criminal
And a 6.7 million gofundme
I believe she was awarded it by the city.
11m wrongful death settlement almost immediately
A civil suit like wrongful death has a lower standard of proof than a criminal trial, to be fair, but this was likely more of a political calculation than a legal or financial one.
If we don't get that hard reset, they surely won't be happy about what comes after Trump.
Well it certainly wasn't a well calculated financial move
If this is indeed true, then it's not surprising.
Look at the daughter she raised. She's dead because of her poor decisions.
Not just one poor decision -- a long series of them.
It was.to spur a conviction. It happens more than we hear about.
Criminal suits-needs to be beyond a reasonable doubt Civil-preponderance of the evidence (basically just over 50% of evidence is true. City settled. What many people on the left don’t realize is that settling a suit is not admitting guilt or liability.
Idiot Democrat mayor trying to appease the mob and buy votes, that’s how it makes “sense”.
Burden of proof at civil court is preponderance of the evidence.
Criminal is beyond a reasonable doubt.
I would take the under on 3 years as my "SUPERMEGA LOCK OF THE GALACTIC CENTURY!!!"
I’m taking the under on that bet.
That does buy an awful lot of crack rock.
Sounds like the money will soon be gone.
The city settled a wrongful death lawsuit for 12 million cash money. It's publicly reported all over.
Correction - the city counsel took that money from hardworking Americans, without consent and under threat of prison (“tax”) and gave it to her.
Indeed, taxation is theft. In this case to pay for luxury cars.
Clearly she has that elusive "white privilege" they keep yammering on about.
City gave it to her courtesy of MY tax dollars. (Louisville)
True. Public entities are always fucking quick to give away our money. They don’t give a shit about hardworking Americans who just keep their heads down and raise a family.
But somehow the life of a black woman involved in a drug dealing enterprise is worth $12 million.
The average American makes about $2 million in their lifetime.
Let that sink in.
This gas should be free for me!!!
She’s prob glad to be rid of her kid
kek
Fucking dindus will never change.
Won the ghetto lottery.
It almost makes me want to adopt a bunch of dindus, raise them like shit, and cast them out like I'm fishing. Would be fucking funny as hell after one gets capped to hold a press conferance admitting my entire plan while I jerk off with a strap of hundreds.
Ah so nice to meet another investor into the DNDU 500 index fund.
It's either that or invest in a jogger's bakery called Dindu Muffins
Could you imagine the saltiness and the seething if that existed?! Juicy.
The salt levels may be high, but Dindu Muffins are deliciously sweet.
Excellent follow up comment.
Based & nuffinpilled
Thanks. I'm gonna end up smoking a turd in hell for laughing at that.
Funny. Sad.
Damn man
I got downvoted to shit the last time I pointed this out.
Black people are great at their own population control and as long as they continue to behave in the way they do and hate whitey and vote overwhelmingly democrat, let them keep killing their offspring.
Africa is still outbreeding their violence. I could see the same happening here if it isn't already.
I think it's happening, just at a slower rate.
The best thing that could happen to the black community would be voting Trump and they will never understand that.
Or we could just put them back in their homeland, so we're no longer colonizers. Leave them to their own devices.
Already tried that with Liberia. It went pretty much how you’d expect. Liberia instantly became a shithole and all the ex-slaves decided hanging around whitey aint so bad.
Overturning Roe v Wade wouldn't make abortion illegal though, would it? It would just mean that conservative states are free to ban it. Other states would still keep it legal.
Sure, but the general idea stands that if black women are having less abortions that means more black people making stupid voting decisions that aren't in their best interests or the rest of the sane country.
Living babies = more gibs. Usually the women getting the abortions are the "responsible" ones whereas parasites reproduce more often and why shouldn't they? The more babies they have, the bigger the welfare check. They have their daughters do the same as soon as they're physically able.
Restricting abortion will save White lives. Restricting gibs will halt the human-reproduction-for-profit scheme that certain segments of our society have been pulling on the rest of us.
Won’t happen. They’ll just kill each other more. Sad but true.
Self defense is not racist. It is just putting someone down that chose to fuck with you.
Signed, Margaret Sanger
But a reason that the crime rate is so high among black people is because of bullshit like this. Completely removing personal responsibility through abortions and the welfare state. Destroying families. It wasn’t always like this.
End welfare.
We should do THAT first.
Then send back all the invaders and deal with the immigration problem.
That is, the population replacement agenda -- because that's what it is.
Ending welfare will cause many to self-deport.
Yeah, I wish we had a R party that had big enough balls to do that. Seems that the D party is fine pulling the country to the left but the Rs just want to "hold on" meekly. Until we get the lion party up and running, I wouldn't hold out hope.
But yeah, getting rid of the massive welfare state would clean up a huge number of the problems in this country.
This is the answer
Sorry dude, I’m not going to give a pass on child murder and eugenics on the way to a better society. Abortion is a core part of the problem, and in my opinion, it is a far bigger issue than the welfare state.
I don't hate the blacks. In fact, I just want them to be free to be their very best! ... in Africa.
They vote for it because they’ve been brainwashed by decades of cultural and familial destruction. Something has to break the cycle
I’m not even convinced all those black votes are real. There have been some sketch turnout numbers in some of these elections where they get 95+% of the black vote.
Yet here you are advocating for child murder and eugenics. Ok bud.
That is some of the stupidest, most racist shit I’ve seen on this sub.
You do realize that the crime rate hasn’t always been this high among black Americans right?
It’ll force some to take care of their responsibility. Some.
If only. Instead of playing Surviving Mars on Earth, I could be playing Surviving Europa on Mars.
LOL
a house isn't pissing it away
a Bentley is
Yup, exactly!
A 800K house, when you don’t have the work/experience which can fund that lifestyle, is a horrible purchase, and just shows she is going to blow it all. And the fact she bought a Bentley further proves her poor purchasing decisions.
Movin' on up.
Bitch is gonna learn about property taxes. Plus she can’t get any gimmedats with documented $millions in the bank.
Plus she’s suddenly going to get a lot of new, needy “friends.”
Underrated comment
She’ll be broke faster than a hood rat felon with a football contract.
My guess is she didn't get a mortgage. I'd imagine she bought it outright.
You’re right, that would be the smart move anyway.
The median value of a home in Louisville is $175K. She spent 5x that amount.
Irrelevant. Houses generally appreciate over time.
But it could speed up the time when she needs to sell it.
It's not irrelevant. You're completely missing the point. Rather than buy a house that fulfilled their needs and met their income level, they went hog-wild and bought themselves a McMansion, which is going to inherently cost much more in general maintenance and property taxes. I would be surprised if they're still there in 5 years, compared to something more affordable they could likely live in the rest of their lives. Point being, they're squandering their money instead of investing it properly, not that anyone is remotely surprised.
You are exactly right. Plus the Bentley. Those are about 200K. You can get premium Tesla’s, Mercedes, and BMWs starting at 35-40 brand new. She is way over spending on basic shit, proving she is gonna blow it all.
She tells herself she still has 11 million dollars and that is what she’ll live on for the rest of her life...but her spending habits are going to be sucked bit by bit to high prices for everything. Expensive restaurants, big liquor bills, expensive daily coffees, 12 vacations a year at expensive hotels, expensive clothes, etc.
And before she knows it she will have whittled a mountain of cash into nothing with irresponsible purchases.
She probably won’t though. Many athletes go bankrupt and that’s with financial advice onboarding seminars, they just ignore it and spend $5000K at a bar and buy luxury everything
This. A few hundred K for house, bills and some modest frivolities, and the rest into the bank with an annuity plan, some low-risk investments and dividends, and they could live very comfortably the rest of their lives, and still have something left to leave their kids and grandchildren. At the rate they're going however they're probably gonna wind up in debt.
You guys are missing the reality of how much $12m dollars is. Easily $500k-$1M in passive income every year. That is enough to qualify someone for a $1.5m mortgage. Paying cash for half that is a good buy. And as for the car - a $200k Bentley for someone with $10m in the bank is like a $2k car for someone with $100k net worth. Really not that bad of a decision.
Houses that black people live in rarely appreciate in value.
Houses never appreciate if more black people are moving in. It’s the exact opposite
They don't have an income to make payments on the house, meaning the bank made them pay CASH. Now they're paying utilities and other repair bills they can't keep up with. Her family most definitely plans to burn all the cash as fast as possible
Not when her and her family are done with it......
It's likely a structured payment. She'll get paid about 7.2mil over time. The lawyer will get the rest. That also means the house and car are financed. She won't really ever see any of that money.
She's got over $11 million left over to blow.
Just like pro sports ball players, she’ll be bankrupt in a couple years.
Lol, even worse. They will likely get wrapped up in their daughter's "trade." Leading to more death and jail.
You can always tell how smart someone is once they get their first real payday. Dindu’s mom should be putting at least have that in a passive index fund and make sure she pays down any and all debt. Buy two or three duplexes and rent them all out for passive income. Buy a little gold, a little Bitcoin, and then move the fuck out of that shithole.
She won’t.
I bet she doesn’t have a fucking clue she’s going to have to pay 15-20k in property taxes every year til kingdom come.
The agent works it down to $0 and says, "See ya!"
She’ll be a republican once it dawns on her.
Lol that absoluyely will not happen. There is 0 self reflection that will occur
She will blame rich white people when she’s broke and strung out on fentanyl. Guaranteed.
No but she’ll want lower taxes
Pretty sure the dindu that started all this chit ended up face down dead drunk in a pool & broke - Rodney King
We need mo money fo dem programs!
No, her attorney will take a cut. For a lawsuit lottery, it's usually 40%.
I cannot imagine buying a Bentley with the settlement money from my daughter's wrongful death. Extremely crass. Also, she probably got a structured settlement too, so she started with 7.2M after attorney fees, called JG Wentworth and took 3.6M, spent almost half on two purchases alone, and will spend the other half maintaining and paying taxes on those two purchases.
But dat jingle! 🎵877-CASH-NOW!🎵
They changed their number. The jingle is a lie.
Bentleys are nice, no lie
but there's never been a car worth more than 50 grand
cause you still gotta drive on the same roads, in the same traffic, stop at the same lights, so in effect you are paying more to do the same thing you were doing before
Depending on model, $500k+
Watch it get repo'd for late payments. LOL
You can't get financing without regular income. She was forced to pay cash
She probably still gets welfare and foodstamps because the one time payment doesn't count as income
The only time I could see buying a car more than that is if I was a professional race car driver and wanted my own practice car (and that’s only assuming I can’t just use the work car whenever I want lol)
I would say that a Tesla is. With the autopilot, you actually aren't doing the same thing you were before
Sheeeeiiiiitttttt. I gotz ta have me more babies so theyze can date drug dealers. Woot woot lottery!
If she put a fraction of the energy and care into raising her daughter right that she put into getting her big payoff, her daughter would still be alive.
But I’m sure she’d rather keep the jackpot anyway.
Status > Daughter's life
From what I heard, the mayor gave her that money illegally from city coffers without permission from the city council, who are pissed.
I hope they repo the money and put that race-hustling whore out on the street.
When most people come into money suddenly, they spend it all and are broke in a very short period of time. It appears she hasnt gotten sound financial advice. I give her 2 years til she's broke af. Well, maybe sooner, uncle Sam ain't taken his bit of the $12M yet.
It depends on the how the settlement is structured.
Plaintiffs lawyers working on contingency typically collect 40% of the settlement. But, if any of the settlement is taxable, that 40% that goes to your attorney is taxable for you, and in most cases your attorney's cut is not deductible as legal fees.
https://www.forbes.com/sites/robertwood/2019/07/01/five-key-irs-rules-how-lawsuit-settlements-are-taxed/
Dindu
I'm sorry even if I was rich I wouldn't buy a Bentley. People just piss away money to look fancy.
Shes gonna look real fancy pulling up to the funeral in a Bentley.
I worked for a guy who had one for him and his wife. Pricks house didn't cost 1 mill but his cars did.
Yep, at the end of the day, nobody gives a shit what you are driving.
Bentleys aren’t just about looking fancy. They are truly great cars, and an excellent place to spend time.
Are there narcissists buying them? Sure. But that doesn’t take away from what they are to the people who buy them for the comfort and driving experience.
If I had a literal billion dollars I would never buy a Bentley. None of my "dream cars" cost over $100K, most are $50K or less.
I can't find a source for this anywhere. Are we sure this is factual?
Can't find it anywhere so probably fake.
Good question.
SOUNDS LIKE FAKE NEWS.
I once heard Tommy Sotomayor say that black women in the hood are the worst stewards of children in the world. Tyshawn Lee was a 9 year old son of a gang member who was killed in retaliation of the actions of his father in 2015 in Chicago. Tyshawn Lee's mother bought a new car with her gofundme instead of using those funds to give Tyshawn a proper burial. As of August 3rd, 2020 there were 38 juvenile killings in that city alone for the year so I am beginning to think that post birth abortions have been a lucrative business for years. Who the fuck needs planned parenthood when they are being one upped by those that they target.
Look up jesse lee peterson on youtube.
Listen to the jailhouse conversations of Breonna's crew. Their moms help move the cash, pay bail, drop shit off at the trap houses etc.
Fools and their money are easily parted.
$12 million dollar settlement from the city. Here's why it doesn't matter. Lack of education and knowledge is what keeps poor people poor, not lack of money.
Her family got a windfall settlement, but, as a great philosopher once said: "a little town with money is like a mule with a spinning wheel, no one knows how he got it and danged if he knows how to use it."
Her family will blow through this money, with a speed that will be shocking to people. Anytime you get a lump sum of money, a luxury car is just about the worst thing you can possibly buy. Smart people know that.
It’s 12 million dollars. To her that luxury car is the equivalent of someone with $100k net worth buying a $2k car.
Most people in this country are negative net worth financing $45k crossovers.
If anyone can afford to drive a Bentley it is someone worth 8 figures.
Even $800k on a house seems extremely reasonable. If I had money like that I’d be in the $2m range for a house and another million in cars. Id still make $500k-$1m in pasive income to live on.
Its still 10% in like a day though. I'm almost positive I would be house shopping for at least a month or two.
You ain't too bright eh?
It's okay. We were all teenagers once.
He has no idea how money works haha
My favourite part was the "passive income" of a million a year.
500k passsive income off 9 million investment is only like 7% that's hardly exceptional and pretty close to the market average.
Where are you getting 9 million from?
After the government ends up taking their cut, you're looking at getting 6-7m if you're lucky. And that's eventual payout, not lump sum.
If you take the long term payout you can't invest. If you do you're losing a third or a half.
So assuming you take the cash you might end up with 4-5 million, tops. After house and cars, two million.
Nobody's making passive income that high on two million - not to mention property taxes and other bills and shit. On two million you'd be lucky as hell to be making 7% a year unless you paid somebody professional to invest for you, and then they're taking a cut as well.
It all adds up pretty fast.
Again only a teenager looks at this and thinks this way. People who have zero experience with large sums of money.
Anything over like 30k, you should be paying someone to invest for you. Even if it's just managed ETFs. The cut they take isn't that much.
Obviously I don't know the structure of the settlement.
I was commenting on the previous poster though who said deducting 2mi for house and 1 mil for cars out of 12 million to get the 9 million.
I realize that in a real world sense she likely did not get a full 12 million. Although a proper money manger is going to get that tax burden pretty low through opportunity zone investments, tax avoidance, etc.
You could pay 4 mil to the government or 250k to a good accountant to set up a ROTH IRA a charity (Breonna Taylor Foundation) and two corporations [A and B] and reverse merge A into a nanocap OTC pinksheet company (like NSPX) which she buys a controlling interest in her IRA, then donates the remaining money to the charity which provides a grant to company B, which then purchases the shares of the newly merged company A at whatever price she sets to have tax free gains in her ROTH.
I own my own business, employ multiple people, have multiple collector cars, 20+ acres of land and a modern 4K sq foot house.
My investments have averaged 18% return.
I do some basic math with modest numbers and you losers think I don’t know how it works get fucked lol
These responses are what I should be seeing on reddit, not a site with based conservatives. Maybe you guys are all just jealous that a black woman has more money than you guys ever will.
She has no income to sustain that amount of money. It isnt the same as someone that earned that much. Not by a long shot.
Sure you do. We all believe you.
No, really.
This is so sad. This is life changing money. Put that into a fund making 4% yearly interest and you have $480,000 per year in perpetuity.
Yep. I made a comment that they had an opportunity to create generational wealth and they just didn't give a shit and will waste it. Shows their real goals
She'll blow through the money in less than 5 years and be back on public assistance. The lawyer Crump probably took 40%. She'll lose the house to a tax lien when she can't pay the property tax in a few years. I also guarantee the $800,000 house is in a great neighborhood with lots of police patrolling. She'd never want to defund them.
That money's gonna be gone before the next welfare checks roll in
She will piss that blood money away quickly enough. No lesson will be learned, whites will be blamed.
But it's raysis to be financially frugal...
Yep. 12 million in addition to 6 million in gofund me donations. Let's hope they threw in some new wigs...
I don't always grieve when my offspring leading a life of crime dies. but when I do, I buy a Bentley.
I remember when I first read about the Breonna story before it was popularized. I read it and thought that it was a tragic story, truly sad, but the boyfriend shot at the police, and the police shoot back.
I was surprised at the traction it caught so quickly. 11 million dollars? Wow
She was also driving around a rental car with a DEAD man with the street name of "RAMBO" in her trunk! No charges were ever filed!
Crazy how they got $12 million bucks from the city. Lord knew that whole family was never gonna make that much money any other way.
99% of inner city blacks out there would gladly sacrifice one of their spawn to rake in millions.
If you're worth more dead than alive you're not a victim
Oof
hood rich?
Lol
Maybe she could open her house up to the poor and needy from the black community.
Does someone have sources for Breonna Taylor being involves in various criminal activities? Need it to redpill some people
Yeah here ya go.
You'll want to read the actual pages and pages at the bottom, lots of good stuff in there. The rental car (Breonna's) with the dead body in it, the phone conversations about drugs and money, all the good stuff.
If you want another one, this is from our local newspaper (we live just south of Louisville) where it debunks the whole 'she was asleep!' rumor AND tells about how the BF initially told cops SHE was the one shooting, then changed his story 'cause he was scared'
They'll be broke and bankrupt in a matter of years, get their shit repossessed, and once again blame wypippo.
Can be take bets on how long it'll be before she's totally bankrupt?
A LOT OF BLACK FAMILIES CHECKING OUT WHO IS THE ONE THAT EVERYONE CAN GET ON WITHOUT ...
Instead of creating generational wealth... They blow it on a house and car they don't need. Predictable. Next thing you'll hear is how the system tore them down and made them poor after they blow it all in 5 years
Now she can live like a Kang!
This is how we know all those ‘give people a lot of money and they’ll start their own business!’ people are full if it.
This is the chance of a lifetime, but I gurantee all that money will be blown and wasted by the end of Trump’s second term.
Another winner of the "Ghetto lottery".
She can’t handle such money it will be a fail
The new reparations.
My cousin lives in Maryland. When Freddy Gray’s family got their money, he said they bought a Maserati.
She was rewarded for raising a daughter who sold drugs and hung out with criminals and didn't I hear had dead people in her car. It's absolutely disgusting. And like someone commented, it could have helped rebuild and clean up the city. Bet momma doesn't care. Shell probably squander it in no time. She didn't build that.....
Bet you my life savings that she moved out of the ghetto and into a white neighborhood
She'll be broke again in 3 years.
BLM is rewarding, now PAY UP so they can live like kangz.
Okay please get me some real source here because I can't find one. I want one though because this an extreme case of dindu
Oh, I thought she'd donate atleast half of that money to prevent future black women from dying? Guess not.
These dumb fuckers will be broke in five years
Wait til she realizes she has to pay taxes on that money 😟