Supreme Court and the Tax Code

Bling - yours is a fair response. We agree to disagree but I'm hijacking the thread by focusing on the weak opinion piece masquerading as a legitimate news article. Enjoy the "W" over UK today.

 

Not soaking more rich people. Transferring wealth from the plebs through taxation to the corporations through grants and contracts.
How much did Pfizer, Moderna, and JJ make over the last 3 years?
How much is Lockheed et al making over the war in Ukraine, Afghanistan, Iraq?
The oil companies now getting grants to research green energy?

The corporations thank the taxpayers for doing their Civic Duty of paying taxes.

 

Have you asked them their preference?

 

You and the one guy agreeing with you could be roomies.

 

In NC its only required every 8 years.

 

You realize it in multiple ways. Borrowing against equity being one.

 

You mean the ones that probably never experienced gun issues here either, just like 99.9% of us?

Sounds like bs to me.

 

Of course it does to you. We know team Jesus and the GOP bitterly cling to their guns. It’s on display every day. The solution to their pathos? MORE GUNZ! Reasonable people have had enough of the nuttery you embrace.

 

I hate guns.
I support gun reform.
i have never owned a gun.
I think 2A is often misinterpreted for the sake of gun lovers.

So choke on that.

Yet.....

I'm not tripping over my skirt to leave my country because of the extremely low chance that I could encounter one.

 

You’re just not very credible so whatever but nice strawman argument . Your game is weak and you look hideous in your pencil skirt.

Troubling…

 

I am here for the duration for better or worse. I will say I stuck with the Republican Party for probably a decade to long thinking it could be reformed from within.

 

Not credible? Because i have the same opinions as you about guns but just wont leave the country over it?

I mean... ok?

 

Several key facts on this case are coming to light and make this case at risk of being dismissed.

1. The Moore’s share ownership changed over time, falling below 10% and making it not a controlled foreign corporation for subpart F purposes.
2. Moore was a director on the board
3. Moore was reimbursed for his travel expenses to India to visit the business
4. Moore lent 245k to the company and was paid back in principal and interest.

Moore’s actual interest were not included in the SCOTUS brief.


Billionaire-linked US thinktank behind supreme court wealth tax case lobbying | US news | The Guardian

 

Glad no one was hurt, but a sign. Things are rotten in that building. Just a physical manifestation


WASHINGTON — The Supreme Court avoided a catastrophic accident last year when a piece of marble at least 2 feet long crashed to the ground in an interior courtyard used by the justices and their aides, according to several court employees.

The incident, which the court still fails to acknowledge publicly, took place in the tense spring of 2022, as the court already was dealing with death threats and other security concerns and the justices were putting the final touches on their stunning decision overturning Roe v. Wade.



Supreme Court dodged disaster when a marble chunk toppled
Supreme Court dodged disaster when a marble chunk toppled - Tampa Bay Times

 

Texas used to and now about 10 states have an equity based corporate tax system. You don’t have to make a dime to pay. If your assets increase in value regardless of whether it’s realized is taxable. Originally; the Texas version was likely due to the number of non-income producing oil finds. I started with -0-; over 10 years I find a billion in oil reserves. State makes nothing using income because I’m not pulling it; yet state still needs money. So the billion gets taxed. I called it an equity tax; proper name is franchise tax.

What is a Capital Stock Tax (Franchise Tax)?

 

Off topic of where the conversation had gone however we finally got our correction over a year later from the IRS' mistake.

Of course we had to pay an accountant to prove their mistake and in the time it took for them to review our appeal they sent us letters telling us to just start making payment on it.....

How is it we agree to this terrible system? I mean other than lobbyists of course.