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I am going to debate Donald Trump - Biden. Update: Rules set ...

Discussion in 'Too Hot for Swamp Gas' started by citygator, May 15, 2024.

  1. citygator

    citygator VIP Member

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    So you are floating a national property tax to cover all holdings including stocks and bonds etc? I wasnt following that. I dont hate that. Eventually everyone pays capital gains because every dies at some point but sure you can put off cap gains for a long time. Not property tax though.
     
  2. tilly

    tilly Superhero Mod. Fast witted. Bulletproof posts. Moderator VIP Member

    Pure socialism. Which is what he seems to support.
     
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  3. docspor

    docspor GC Hall of Fame

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    that’s wrong. When I leave my stocks, bonds & RE to my kids (which I intend to do) the cost basis becomes the fair mkt value at the time of the transfer. I plan to never pay a penny in CG tax
     
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  4. l_boy

    l_boy 5500

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    commonly referred to as “step up in basis” upon death.
     
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  5. grouchygator

    grouchygator Central Florida Basement Dweller VIP Member

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    You just summed up all of the bs excuses to keep other candidates off of the debate stage so the two centers of American political corruption can maintain control.

    Except absent Perot Bush may very well have won reelection.
    So his presence not only made a difference, but set the stage for the reemergence of Huey Long in 2016.

    I would never vote for Kennedy, or the green candidate, or any of the other independents, but Kennedy is polling at high enough numbers to be there.
     
  6. l_boy

    l_boy 5500

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    1. A pure wealth tax is not constitutional.
    2. The issue with such a wealth tax is whether it cause wealth to flee the country, which would cause much more problems than the 2% gained. From what I know wealth taxes haven’t been very successful in execution.
     
  7. domgator

    domgator Premium Member

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    Of course they have been lying about it. To the point they accused conservative media of doctoring videos to make Biden look weak and frail and confused. We'll what do you know....he is. The dems and media who perpetuated the lie that Biden is better than ever and sharp and energetic should never be trusted again. Someone in a previous post referred to people who follow Trump as a cult. We'll there is no greater cult than the democratic party that craves power more than anything including the health and well being of the President and the safety and security of our country.
     
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  8. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    You get a lot of that because of your holier-than-thou attitude about it. And you beat it to death. So sure, some are going to return some attitude to you.
     
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  9. docspor

    docspor GC Hall of Fame

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    yeah, I've heard that & I don't know the law, but assets are taxed at their value like cars, property & houses (but, maybe that's cuz it is not federal). So, perhaps there is a way to work around whatever the legal issue is.

    Another thought is to redefine income & tax it. accountants make the lame joke that the income statement is the first derivative of the balance sheet. Why not define income like that? If my wealth was $4M on 1/1 & $5m on 12/31, then my income = $1M. pay tax on that $1M. peeps don't like this def of income, of course, esp rich people. Income is very narrowly defined as of right now.
     
    Last edited: Jun 28, 2024
  10. tilly

    tilly Superhero Mod. Fast witted. Bulletproof posts. Moderator VIP Member

    You have an example of me being "hollier than thou" ? You mean to other conservatives? You mean because I *gasp* talk about it on a message board...

    ...Or are you just staying on brand with your shot?
     
  11. wgbgator

    wgbgator Premium Member

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    I don think 'pure socialism' (whatever that means) would need a capital gains tax at all. Presumably 'capital' is no longer a thing in that scenario right?
     
  12. tilly

    tilly Superhero Mod. Fast witted. Bulletproof posts. Moderator VIP Member

    Exactly, because no one would really gain. ;)
     
  13. docspor

    docspor GC Hall of Fame

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    of course capital is still a thing....still not sure you know what capital is. pretty sure tractors would still exist.
     
  14. eastowest

    eastowest GC Hall of Fame

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  15. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    It's just me staying on brand saying what I think. I have years of experience seeing you hold yourself morally above other posters all the while giving your own shots out. Then you play the victim, like you're doing right now.
     
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  16. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Bottom of a pint glass
    Sounds like you want cavemen banging on rocks. Cause a world without capital that's about all I can think of. But even then having valuable rocks= capital
     
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  17. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    Here's a specific example from this thread.

     
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  18. tilly

    tilly Superhero Mod. Fast witted. Bulletproof posts. Moderator VIP Member

    So my post aimed at the handful of people who have been telling me I should vote for Biden is somehow me putting myself above others? That is your example of "hollier-then-thou".

    So your definition of hollier-then-thou is simple pushback?

    Seriously?
     
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  19. VAg8r1

    VAg8r1 GC Hall of Fame

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    If you really wanted viable third party candidates you would support a proposal to eliminate the EC. Absent the EC more third party candidates would run since there would be better chances of them achieving electoral success and by the way post election studies indicate that Ross Perot's candidacy didn't throw the 1992 election to Bill Clinton.
    The Ross Perot Myth
     
    Last edited: Jun 28, 2024
  20. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    Yes, the post I quoted is an example of 'holier-than-thou'. Who are you pushing back against? You didn't quote anyone in your post and I didn't see anyone tell you how to vote in this thread. The only one I see sanctimoniously telling others how to vote in this thread is you.
     
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