Reply to biden pushing for new capital gains tax

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]He’s just considering proposing that for people making over a $1 million the capital gains tax rate is the same as a the ordinary income rate.

It’s a way to avoid all the ridiculous games like the carried interest loophole that lets hedge fund managers making $50 million pay tax at a lower rate than w-2 employees making $200k. [/quote]

This.

Unless you are a hedge fund manager or a billionaire, this doesn't impact you.

And if you fall into one of these categories, then county your blessings for the opportunities this country has afforded you to make some serious money.[/quote]

Hunter paid his taxes yet?  Are hookers still deductible?[/quote]

Yes he has paid all taxes and penalties. This is why it is strange the government is going after him.  Paid everything. The only people who are prosecuted for failure to pay taxes are people who do not pay their taxes. [/quote]

No, he actually didn't. He never filed income taxes for his income from Burisma in 2014-2015, but Weiss let the statute of limitations expire.  
And, the taxes that were paid after all this came to light were not paid by him.  They were paid by his Sugar Daddy Kevin Morris. 
And, yes people are prosecuted for not paying taxes on time.  He had the money - he just chose to use it to fund his vices.  One of the reasons he is being charged is because he made fraudulent claims on his tax forms..... claiming hotels for hookers and hookers themselves as tax deductions.

[quote]Luxury car rentals and hotels were claimed as business "travel, transportation and other", according to the indictment.
He deducted academic tutoring for his daughter as "legal professional and consulting" and claimed payments to escorts and dancers as "office and miscellaneous".
In 2018 he directed a personal aide to "place on payroll and provide healthcare benefits to three women with whom he had romantic or sexual relationships and a fourth woman who was related to one of those women".
An Arkansas woman with whom he had a child was among those he hired.
While in the throes of a crack cocaine addiction, he "claimed extensive business travel in 2018 when he had none".
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https://www.bbc.com/news/world-us-canada-67656796
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