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Thread: here comes the tax increase number one 43.4 Percent on capital gains

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    Quote Originally Posted by Sailor View Post
    Good thing you googled that. Because it goes completely against your original statement. Pipe down asshole. You know nothing about investing.
    So.. avoiding capital gains taxes by not selling something goes completely against not selling it? Not only are you stupid you are also stupid.
    "We are all born ignorant, but one must work hard to remain stupid."

    "Any fool can criticize, condemn and complain - and most fools do."

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    Quote Originally Posted by Poor Richard Saunders View Post
    Actually, it's your statements that scream that you are a broke ass fuck.

    Someone that has $1M in earnings doesn't have to sell anything to live on. They can simply move their earnings from one year to the next by deciding when they sell an asset to keep their capital gains under the $1M floor.
    We are talking about investing here Dick. Keep googling. You might find something by accident.

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    Quote Originally Posted by reagansghost View Post
    planning on selling off your vast portfolio?

    better do it soon
    He's going to sell his yacht, knock off of the S.S.Minnow

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    Quote Originally Posted by Poor Richard Saunders View Post
    So.. avoiding capital gains taxes by not selling something goes completely against not selling it? Not only are you stupid you are also stupid.
    Sure sign you know nothing about which you speak and are desperately trying to hide it. Not working....Dick.

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    Quote Originally Posted by reagansghost View Post
    planning on selling off your vast portfolio?

    better do it soon
    No need to sell it. Yet. Why do you ask welfare boy?

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    Quote Originally Posted by archives View Post
    He's going to sell his yacht, knock off of the S.S.Minnow
    It is easy to tell the democrats on this board. All broke as fuck. Need handouts and welfare.

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    Quote Originally Posted by Sailor View Post
    We are talking about investing here Dick. Keep googling. You might find something by accident.
    You seem to be fascinated with googling. Is it what your eyes do when someone tells you they just made $50 on an "investment?"
    "We are all born ignorant, but one must work hard to remain stupid."

    "Any fool can criticize, condemn and complain - and most fools do."

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    Quote Originally Posted by Sailor View Post
    Sure sign you know nothing about which you speak and are desperately trying to hide it. Not working....Dick.
    Do you have to pay capital gains tax on something you don't sell?
    This is pretty simply stuff.
    "We are all born ignorant, but one must work hard to remain stupid."

    "Any fool can criticize, condemn and complain - and most fools do."

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    Quote Originally Posted by Poor Richard Saunders View Post
    You seem to be fascinated with googling. Is it what your eyes do when someone tells you they just made $50 on an "investment?"
    You are just digger your hole deeper Dick.

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    Quote Originally Posted by Poor Richard Saunders View Post
    Do you have to pay capital gains tax on something you don't sell?
    This is pretty simply stuff.
    Of course not Dick. Not everyone holds on to losing stocks like yourself. You know, that whole one share of some penny stock. Maybe.

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    Quote Originally Posted by Poor Richard Saunders View Post
    You seem to be fascinated with googling. Is it what your eyes do when someone tells you they just made $50 on an "investment?"
    That's just "popeye's" way of saying he doesn't know what he is talking about, "go google it," kinda like his escape clause, well, he thinks it is

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    Quote Originally Posted by archives View Post
    That's just "popeye's" way of saying he doesn't know what he is talking about, "go google it," kinda like his escape clause, well, he thinks it is
    Translation: Once again like all democrats I am just talking shit. Now time to babble and try and hide it.

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    Quote Originally Posted by Poor Richard Saunders View Post
    No one is ever forced to sell an asset that has increases in value. One can easily borrow against it's value. If you don't sell it then you owe no capital gains taxes.
    Yeah, I'm not that shady.

    I was taught how to work that stuff by some businessman in the 80s.

    If you owe taxes, you pay them.
    Call me stupid, but I'd just rather not have any problems in that area.

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    Quote Originally Posted by archives View Post
    Opps, forgot one part "for wealthy Americans," must have been an oversight on your part

    How many average Americans do you think walk away with a million dollar profit from an investment in one year?
    I would think many. 100k-200k? More?

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    Quote Originally Posted by Bulletbob View Post
    here comes the tax increase number one 43.4 Percent on capital gains,thanks Joe


    https://news.yahoo.com/biden-reporte...194759637.html

    that will really encourage people to invest in stocks and real estate and build a business up so they can sell it and make money

    ECONOMY KILLER....
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


    De Oppresso Liber

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