Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wow. I'm so worried about you and your $10 million.

You would care if you were one of his/her 163 employees. S/he took a huge risk and created good jobs. What exactly did you do?

Saved thousands of lives, but I guess that doesn't count if I didn't make big bucks off of it?

Sure

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

You will reap the reward. How much is enough? 30 million? 100 million 500 million? How much do you need or can you spend in a lifetime? And no one is sayig your take away is capped at $10 million. It is just that over that amount, you will pay a tax on it. Guess what, you can put some of the monies into trusts for your kids to lower your estate. There are all sorts of gimmicks the rich have to shield money. Is this really the thing you want to cry about? Or I suppose living in an authoritarian state where someone like Trump can simply confiscate your company, your money etc without raising an eyebrow. take a look at how other authoritarians operate. Is that what you want here?

Of all the bad things said about Trump (some true, some not) nobody can say that he is an authoritarian who will confiscate people's companies or money without raising an eyebrow. I definitely don't want to live in that kind of environment, which is why I oppose Harris/Walz. The idea of taxing people's savings and unrealized gains is a big step in that direction.

Equating taxation with authoritarianism is quite a stretch.

Anonymous wrote:

Anonymous wrote:Wow. I'm so worried about you and your $10 million.

You would care if you were one of his/her 163 employees. S/he took a huge risk and created good jobs. What exactly did you do?

Saved thousands of lives, but I guess that doesn't count if I didn't make big bucks off of it?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

We sound similar. Except we employ more people, and have net worth quite a bit north of $10M. We came here as poor immigrants, and have worked our tail off and utilized the resources offered by the country to get to where we are. Happy to pay back, once we get to $100M. We can't use up $100M in our lifetime.

Anonymous wrote:Former deputy chair of the Minnesota GOP

Endorsing the Harris/Walz ticket? For real?

Damn.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

Here's the difference. Money in the "hands" of the wealthy benefits the economy in a healthy, positive, but responsible, way. If a wealthy person puts her money in a bank, the bank loans it it to somebody who can buy a home, start a business, etc., with market driven interest rates paid by the borrower to the bank, and from the bank to the depositor. If a rich person's money is invested in stocks and mutual funds, those companies use the money to grow, create jobs, and so forth. Everyone in the chain is accountable to use the money responsibly. But if money is taken by the government by way of taxes, there is no way to track the legitimate uses from the waste and the politically motivated uses.

soooo ... why doesn't that money actually "trickle down?"

Anonymous wrote:Former deputy chair of the Minnesota GOP

We are going to see a lot more of this.

Traditional conservatives, good, solid people who want less government intrusion, solid military and solid values, are done with Trump and the crazy.

I am not sure what the future holds politically. I will guess that over time, the progressives will gain more control over the democratic party and a coalition of pro-choice and moderates will flock to a MAGA/Evagenlical-free GOP that will need to be reborn after Lara Trump is no longer the head.

That will leave the MAGAs and Pro-Lifers without a political home. So be it. Or I suppose the MAGAs and Evangelicals will keep control of the GOP and the Lincoln Project conservatives will create the Lincoln party. We just need to get through January, first.

Anonymous wrote:Wow. I'm so worried about you and your $10 million.

You would care if you were one of his/her 163 employees. S/he took a huge risk and created good jobs. What exactly did you do?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Mainstream media is such a joke

They are, in fact, different policies.

+1

The GOP’s version essentially exists so that various banker types would be able to call their commissions “tips.” The GOP is out there working their butts off for the millionaire class.

Yes, that’s why Trump got the idea from a waitress in Las Vegas.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

You will reap the reward. How much is enough? 30 million? 100 million 500 million? How much do you need or can you spend in a lifetime? And no one is sayig your take away is capped at $10 million. It is just that over that amount, you will pay a tax on it. Guess what, you can put some of the monies into trusts for your kids to lower your estate. There are all sorts of gimmicks the rich have to shield money. Is this really the thing you want to cry about? Or I suppose living in an authoritarian state where someone like Trump can simply confiscate your company, your money etc without raising an eyebrow. take a look at how other authoritarians operate. Is that what you want here?

Of all the bad things said about Trump (some true, some not) nobody can say that he is an authoritarian who will confiscate people's companies or money without raising an eyebrow. I definitely don't want to live in that kind of environment, which is why I oppose Harris/Walz. The idea of taxing people's savings and unrealized gains is a big step in that direction.

Former deputy chair of the Minnesota GOP

Anonymous wrote:

Anonymous wrote:Mainstream media is such a joke

They are, in fact, different policies.

+1

The GOP’s version essentially exists so that various banker types would be able to call their commissions “tips.” The GOP is out there working their butts off for the millionaire class.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

You will reap the reward. How much is enough? 30 million? 100 million 500 million? How much do you need or can you spend in a lifetime? And no one is sayig your take away is capped at $10 million. It is just that over that amount, you will pay a tax on it. Guess what, you can put some of the monies into trusts for your kids to lower your estate. There are all sorts of gimmicks the rich have to shield money. Is this really the thing you want to cry about? Or I suppose living in an authoritarian state where someone like Trump can simply confiscate your company, your money etc without raising an eyebrow. take a look at how other authoritarians operate. Is that what you want here?

I’m enjoying the fangs and teeth of Harris’s campaign.

Anonymous wrote:Mainstream media is such a joke

They are, in fact, different policies.