Raptorpat

The issue in the case asi understand it is that the profits weren't "realized" yet. Our income tax system is largely built around taxing at the point of transaction. To take it out of the realm of investments, think like income/payroll taxes, or even sales taxes, where the tax happens at the point of transaction. So with investments, basically the taxing happens when you cash out the stock, because that's when the profit is considered realized. That's how the true wealthy get out of paying taxes no matter how high the income tax is. They don't have a salary to tax like we do, so it doesn't matter whether the income tax is flat or progressive. They instead own heaps upon heaps of investment assets, and instead of ever selling the assets and "realizing" the profit to trigger a tax, they leverage the assets in other ways for their spending money. The debate that Kavanaugh is tiptoeing around is over the concept of a "wealth tax". In contrast to the other taxes mentioned, a wealth tax is a tax directly on the asset, rather than on a "realized" transaction. So think like taxing someone just for owning $X of stock, rather than the profits derived from selling it. The idea of a wealth tax is an open constitutional question. So basically what Kavanaugh is saying is "we're allowing Trump's repatriation tax which is kind of like a wealth tax because there was no "realization", but it's not really a wealth tax and this decision definitely shouldn't be read as preapproving the Democrats to impose wealth taxes."

that's a mighty fine arfarfarf dog if I ever saw one

it's kinda absurd to think that they just stuck'em right in the middle and still kept the "sept/oct/nov/dec" naming convention

https://www.politico.eu/article/donald-trump-ukraine-russia-war-threatens-cut-aid-election-2024/

it is very disrespectful to cheeseburgers

one year at my dad's our fake Christmas tree didn't get taken down until April or May and only because our aunt and uncle popped in unexpected "is that your Christmas tree?!" the shame was real

happy day to all the papás and pères out there ... should we open it up to celebrate with all the parents here or hog it all to ourselves

happy birthday @Azalar Hex! hopefully maxwell got you something special

my dad's gonna help me put the AC unit in the window tomorrow because he's a strong grown up

happy birthday @Em7add4 is your favorite color still purple

Kennedy was a legit libertarian, he was mostly conservative but sided with the libs on things like abortion and gay rights

Roberts believes in incrementalism and institutionalism, he's all for conservative opinions but he's typically not willing to throw the baby out with the bathwater at the expense of the court's reputation. Which is ironic because he's totally lost any sense of control once the 6-3 was locked in. There was a very brief time post-Kennedy where Roberts was the median swing vote, and that's where he wanted to be.

no Roberts said the right things, it was Alito who said the "us versus them" stuff

happy birthday @garbagepailcat!

that's child abuse, missy

lol yeah and it's literally the third rank in the chain after newbie and shady

I think i agree with you. i feel like maybe the way you take care of your own stuff, where no outside judging is involved, might be a better indicator of true self-governing? i return the shopping cart to the corral but the inside of my house perpetually looks like the immediate aftermath of a tornado.

WELL I'M HAVING MESELF A FROSTY BEVERAGE RIGHT NOW O'COURSE

idk i think there's a difference between like the human body parts versus being sexually explicit i think the lume lady is fine, but some of the... manscaping(?) innuendo stuff weirds me out

no when i finally looked at the rank itself instead of the promotion rules it was more like

I solved the problem

yeahhh.... you should be scenester it's possible the server just hasn't updated you yet, I don't think it needs a log out/log in to take effect

HAVIN A SPOT OF FROSTY BEVERAGE ARE YA ?

My guy, this place has been virtually drama-free for ages. We've gotten less than two pages' worth of abuse reports in the past year, and more than half were reporting spambots. Whatever it is you think you're doing, you're disturbing my chill. I'll say it again, if you have an issue then PM me. If it's not worth messaging the admin, then drop it.

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