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58

You'll Own Nothing

submitted by shitface9000 to EconomicCollapse 3.6 yearsOct 27, 2021 02:31:29 ago (+58/-0)     (files.catbox.moe)

https://files.catbox.moe/jpv3dy.jpg



13 comments block

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[ - ] deleted 7 points 3.6 yearsOct 27, 2021 02:39:14 ago (+7/-0)

deleted

[ - ] Hobama 2 points 3.6 yearsOct 27, 2021 17:55:59 ago (+2/-0)

They have appraisers revalue your home and tax you on that.

[ - ] SparklingWiggle 2 points 3.6 yearsOct 27, 2021 09:17:05 ago (+2/-0)

But they said I would like it!

[ - ] account deleted by user 0 points 3.6 yearsOct 27, 2021 09:35:36 ago (+0/-0)

account deleted by user

[ - ] SparklingWiggle 0 points 3.6 yearsOct 27, 2021 09:39:40 ago (+0/-0)

If I can't find a group of likeminded individuals in person, I might as well start my regimen.

[ - ] WanderingToast 2 points 3.6 yearsOct 27, 2021 05:11:43 ago (+2/-0)

I'm confused... Capital gains tax is generally paid upon sale of asset no?

Or are you guys expecting a cheque from the government if the value of your house goes down?

[ - ] Flabbygasted 3 points 3.6 yearsOct 27, 2021 05:20:55 ago (+3/-0)

Typically...but a part of the new bill is to tax unrealized gains. So if the stocks I own gains 100k, even if I dont sell the stock, I owe taxes on the "profit." It's an absolute BS premise to steal more wealth.

And I dont think the reverse is true where if I make a loss on stocks or a house, that wont offset my gains. Probably, idk.

[ - ] WanderingToast 4 points 3.6 yearsOct 27, 2021 05:41:43 ago (+4/-0)

Wait what!!!?!?

I'm no anti-taxer, but that there is bullshit of da highest orda

[ - ] Flabbygasted 3 points 3.6 yearsOct 27, 2021 05:55:45 ago (+3/-0)

Yep. Seems like a terrible bill, so it'll definitely pass.

[ - ] account deleted by user 1 point 3.6 yearsOct 27, 2021 09:34:07 ago (+1/-0)

account deleted by user

[ - ] WanderingToast 1 point 3.6 yearsOct 27, 2021 10:23:03 ago (+1/-0)

I'm in britbongistan so only take a passing interest in US affairs.

Fun fact:

US citizens with residence status can claim unemployment benefits in the UK.

The US passed a bill years ago to close tax loopholes, so any income not taxed abroad, gets taxed (quite a good law to close billionaire tax Dodgers...in principle)

But...

As the UK gov is obviously not going to tax its own unemployment benefits.

Becoming unemployed in the UK results in a US tax bill.

[ - ] Hobama 0 points 3.6 yearsOct 27, 2021 17:57:25 ago (+0/-0)

Hmm so I need to apply for uk unemployment and say im a muzzie and send then photos of goat buttholes to prove it.

[ - ] NeoNazirite 0 points 3.6 yearsOct 27, 2021 18:47:52 ago (+0/-0)

Well, in reference to the recent proposed bill, you could get credit for the unrealized loss which could balance out the gains, but there are never any checks for losses.

[ - ] CPU 0 points 3.6 yearsOct 27, 2021 13:36:37 ago (+0/-0)

I bet this includes crypto.