All wealthy Americans now hate Biden! | |
Truth Seeker!
(OP) User ID: 23422653 United States 04/29/2021 01:29 PM Report Abusive Post Report Copyright Violation | |
Truth Seeker!
(OP) User ID: 23422653 United States 04/29/2021 01:30 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80103004 United States 04/29/2021 01:35 PM Report Abusive Post Report Copyright Violation | Rapid/hyper inflation would mean the price of houses/gold/bitcoin/stocks would all shoot through the roof not because they are worth more but because the other side of the pairing (the dollar) is worth less every day. To control this and profit from it they increase capital gains taxes to higher then even the highest income tax bracket available to siphon as much profits/gains from people looking to hedge against this inflation. It's a sign that this currency is about to die out especially so that they removed any incentive to hold an asset long term (over 12 months) which now allows the market to become extremely volatile towards the end of the year while corporations/hedge funds and rich investors and retail and the like can tax harvest all their investments that are currently at a loss (no reason to hold long term so if you invested 5 billion in a company 6 months ago and its down 15% and its decemeber you can sell out of your entire position and claim that 15% loss and then rebuy back in because there is no incentive to hold 12 months or longer since you are now the most heavily taxed bracket in the country regardless of whether its short or long term |
Truth Seeker!
(OP) User ID: 23422653 United States 04/29/2021 01:35 PM Report Abusive Post Report Copyright Violation | They know that we are about to start entering rapid inflation and perhaps hyper inflation which is why they are trying to enact capital controls. Quoting: Anonymous Coward 80103004 Rapid/hyper inflation would mean the price of houses/gold/bitcoin/stocks would all shoot through the roof not because they are worth more but because the other side of the pairing (the dollar) is worth less every day. To control this and profit from it they increase capital gains taxes to higher then even the highest income tax bracket available to siphon as much profits/gains from people looking to hedge against this inflation. It's a sign that this currency is about to die out especially so that they removed any incentive to hold an asset long term (over 12 months) which now allows the market to become extremely volatile towards the end of the year while corporations/hedge funds and rich investors and retail and the like can tax harvest all their investments that are currently at a loss (no reason to hold long term so if you invested 5 billion in a company 6 months ago and its down 15% and its decemeber you can sell out of your entire position and claim that 15% loss and then rebuy back in because there is no incentive to hold 12 months or longer since you are now the most heavily taxed bracket in the country regardless of whether its short or long term no matter what hes done I only seek the truth n nothing but the truth! The truth will set you free, for a price! |
Anonymous Coward User ID: 80246222 United States 04/29/2021 01:38 PM Report Abusive Post Report Copyright Violation | |
Truth Seeker!
(OP) User ID: 23422653 United States 04/29/2021 01:39 PM Report Abusive Post Report Copyright Violation | There wont be another term, or president.. Quoting: Anonymous Coward 80246222 They will turn on the 5g kill switch when vax levels and shedding are high enough and kill everyone while they hide in their satanic underground masonic bases under denver and norway. I only seek the truth n nothing but the truth! The truth will set you free, for a price! |
Anonymous Coward User ID: 80296878 India 04/29/2021 02:08 PM Report Abusive Post Report Copyright Violation | They're the stupid fucks that helped him cheat his way into office. Seems fishy, I bet there will be plenty of loopholes for them to jump through while the average American gets drilled up the @ss yet again. That's how that sh1t works |