Thread 513419503

like say i bought stocks for 1k and it goes to 100k, do i pay taxes on it then even though i didn't sell? if it goes back to zero does the government refund me the taxes i paid on unrealized gains?

>>513419503 (OP)
Release the Epstein files.

>do i pay taxes on it then even though i didn't sell?
Correct. It's almost as retarded as an income tax. Everyone understand that taxes discourage what is taxed when it comes to taxes on alcohol or cigs or whatever else. But when it comes to income tax, they don't think it's discouraging work even though that is what is being taxed...because taxing work would be insane and stupid. It's the same with a wealth tax: it's literally discouraging investment and savings by taxing it.

>>513419614
>Release the Epstein files.
you people are so annoying. fuck it protect the pedos. kys. you never had the moral high ground.

>>513420058
Shut the fuck up you kike worshipper. Lick my shoes clean, faggot.

>>513420367
>Shut the fuck up you kike worshipper. Lick my shoes clean, faggot
i live at 2341 11th street north, arlington, va. come get me fat pussy. i'm literally sitting next to my .380

>>513419503 (OP)
I don't want to hear anything from a dysgenic kike midget about anything. It's like God put a neon sign around his neck saying "MY OPINIONS DON'T MATTER"

>>513419503 (OP)
No. Those are unrealized gains until you sell. That's why CEOs are paid in stock. It's a way to get around the taxes until a Republican becomes president.

>>513419503 (OP)
manlet rage

>>513419503 (OP)
You know how you make money and pay taxes on the income then put the rest in the bank where it's yours forever? It's a lot like that except government gets to take a portion of that money you already paid taxes on. Each tax season. You become the gift that keeps on giving.

Hell, I think reinvested dividends shouldn’t be taxed. Am I politically homeless? Fuck Robert 4th Reich.

>>513419503 (OP)
Zuck did what? I think he's losing his shit and becoming completly schizo.

>>513421783
I wouldn't be surprised if he buys an army of robots dogs and drones and turn that neighboorhood into a scifi safe area, shit, he might even build an iron dome around his bunker.

>>513421962
That's what I would do btw

>>513421339
WOAH buddy you're getting a bit fluorescent there.

>>513419503 (OP)
I think we would just round up everyone with $100 million or more, tie them to a large wooden post, and then set them on fire. Afterwords we would then destroy all of their money since it's excess currency in circulation which has contributed to inflation.
>>513420058
What a jewish thing to say.

>>513419503 (OP)
> like say i bought stocks for 1k and it goes to 100k, do i pay taxes on it then even though i didn't sell?
No, you do not owe anything. If you cash it out, you owe taxes on the difference, depending on how long you held the stock. This is long term vs short term capital gains.
If you bought at the peak, and cashed it out at the low point, it’s a loss and you can’t apply it towards capital gains taxes you owe. You can’t carry forward losses up to four years, I think. I haven’t had to do that.

>>513422783
*can apply

It doesn't work and Reich is stupid. Friedman had the best solution to that: end the exemptions and lower the rates. Under his plan (eliminating cap gains and pretty much every other tax apart from income), Zuckerberg would be paying a probably 50% income tax instead of the 0% he is now.

>>513419503 (OP)
>explain to me how a wealth tax works?

You get taxed AF so you can't accumulate wealth.

>>513419503 (OP)
well you see, if you are a rich person living in a territory, they will tax you more!
So you can just....leave. And not pay those taxes!
What happens then is the next highest taxe bracket of earners (middle class to the highest paid lower classman) has to pay more taxes instead!

>>513419503 (OP)
Yea, but it'll cost you

>>513419503 (OP)
You give your money to Israel. That’s is. It’s that simple.

>>513419503 (OP)
>>513419696
If you can own multiple properties, a yacht, and fly to an island to fuck 14 year runaways then you can give up a small % of your income every few years. If your net worth isn’t 9 figures then this shouldn’t be an issue.

>>513419503 (OP)
>like say i bought stocks for 1k and it goes to 100k, do i pay taxes on it then even though i didn't sell?
That's not a tax on wealth kek thats unrealized gains

>>513423751
Cap long term capital gains at 50% after 1 million/yr and then watch kikes stop dumping on investors every time they need to buy a 5th yacht

>just let rich jews buy everything while they tell you why they can't afford to pay more than 20 dollars an hour to people with college degrees/trade school skills
Just another day in goymerica.

>>513419503 (OP)
>can someone even explain to me how a wealth tax works?
One option is the richest of the rich take out a predesignated type of loan based on future increase in wealth that they pay off as they continue to accumulate wealth so they do not have to liquidate assets and the money from that loan goes into the tax fund.
Another option is a decided upon earning limit such as tax everything at 100% after a certain amount of wealth or income is earned ,total accumulated or annual income, whether it be 1 billion, 10 billion, or 100 billion, what ever is decided upon.

>>513419503 (OP)
Also no and no. Capital gains, amusingly, is pretty much designed to fuck you hard if you have less than 500k dollaridoos to invest.

>>513419503 (OP)
any tax they pass will have enough loop holes built in so elites are not the ones who end up paying it

>>513419696
They realize it. This country is one of the worst with tax brackets. Until around 26k you pay effectively 7% income tax and get a ton of subsidies. After 26k you gain roughly 45-55% tax pressure until around 75k when it comes a stable 49%. If you wonder why everyone is working part time in Netherlands this is the reason lol. Literally only migrants on migrant benefits want to work full time nowadays.

Its so bad in many western European countries that I think its one of the leading reasons that they've sunk into irrelevance.

>>513419503 (OP)
A wealth tax doesn't mean shit when (((they))) can literally just print money and control interest rates.
It would unironcally hurt the middle class more by making it even harder for them to accumulate wealth.

>>513423751
none of that is "income" poorfag
>>513424607
>Literally only migrants on migrant benefits want to work full time nowadays.
Yep, this is the end result and they do realize it and it is what they want.

>>513424607
On the upside. Your women have more time to spend with their children. Having two full-time parents is asinine.