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Joined 2 years ago
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Cake day: July 19th, 2023

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  • ok, so I understand that you don’t quite get the issue, also your bad at taxes.

    if I invest $50000 and make $100000 I don’t want to pay taxes on the $50000 I “made” (this normally would lead to the crime of not paying taxes) but if I use those $50000 as leverage on an extremely low interest loan for $50000 then I dodge having to pay anything in taxes while also, defacto, realizing my gains.

    what OP is advocating for is taxing those $50000 you put up as collateral, making these $50000 similar to the original $50000 you invested, now should you again make another $20000 from said capital, and pull out, you would still have to pay capital gains on those $20000, or do you think you have to pay capital gains on money you put in? (hence why you’re bad at taxes) because tax is only levied on the positive difference












  • he’s rich, the whole racism bit was always nothing but a ploy to keep poor people divided, a lot of people fell for it, but the rich don’t care, the rich don’t affiliate with “white” or “black” groups, they just care about money, and if pumping racism into society to keep their slaves was useful, then the black man just had to suffer.

    Remember, at least in the American concept, anti-capitalism is anti-racism (this does not apply to all people or regions of the world)