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The Water Cooler
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biden-gang-now-pushing-billionaires-tax-reality-will-likely-soon-tax-americans-401ks-iras/
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<blockquote data-quote="El Pablo" data-source="post: 3662635" data-attributes="member: 1563"><p>I’m not middle class, I completely lack class. My income and happiness is irrelevant. I’d prefer another 300 million or so. You would really like your Xmas present and my insane private gun range, off road trails, and race track if I had it.. All fully furnished with toys. One of the many, many reasons I’d never have 300 million </p><p></p><p>Again, I suggest you read what I linked to, then you will see how you can have actual cashflow and no income tax.</p><p></p><p>Corp umbrella is a separate issue.</p><p></p><p>I don’t understand why anyone short of billionaires would be ok with them being able to avoid income taxes and inheiratence taxes if they so choose. Seems to me it should be a bi partisan issue. For some reason it’s not. I’ve only asked how do you close some tax loopholes? Only ones I have are flat tax and changing rules like you can’t buy non publicly available investments, nor investments at a discount,in you investment vehicles. And no, it wouldn’t pass as it would tax all the rich folks in office in dc. It’s still an idea though.</p></blockquote><p></p>
[QUOTE="El Pablo, post: 3662635, member: 1563"] I’m not middle class, I completely lack class. My income and happiness is irrelevant. I’d prefer another 300 million or so. You would really like your Xmas present and my insane private gun range, off road trails, and race track if I had it.. All fully furnished with toys. One of the many, many reasons I’d never have 300 million Again, I suggest you read what I linked to, then you will see how you can have actual cashflow and no income tax. Corp umbrella is a separate issue. I don’t understand why anyone short of billionaires would be ok with them being able to avoid income taxes and inheiratence taxes if they so choose. Seems to me it should be a bi partisan issue. For some reason it’s not. I’ve only asked how do you close some tax loopholes? Only ones I have are flat tax and changing rules like you can’t buy non publicly available investments, nor investments at a discount,in you investment vehicles. And no, it wouldn’t pass as it would tax all the rich folks in office in dc. It’s still an idea though. [/QUOTE]
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The Water Cooler
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