You're better off looking at the preferential treatment of capital gains and dividends, the benefits of which accrue largely to the top 1% (nearly 70%).
How the Mortgage Interest Deduction Could Change
- Thread starter cawacko
- Start date
You're better off looking at the preferential treatment of capital gains and dividends, the benefits of which accrue largely to the top 1% (nearly 70%).
canceled.2021.1
#AMERICAISDEAD
Well, it doesn't matter what you define as rich. The gobblement calls the shots and they define $102,000 as rich. Now they always talk about Warren Buffett, but is those making $102,000 that get the big fuck you. Desh don't care because it is little indian big indian for her. Party over principle for Desh
canceled.2021.1
#AMERICAISDEAD
non sequitor
canceled.2021.1
#AMERICAISDEAD
are you jealous because you didn't get a trust? you do realize that not all passive income is from daddy leaving someone a trust right? I know you spend a lot of time watching Bravo Network and O and We and the Hallmark Channel, but not everyone is Paris Hilton. It may come as a shock to you that many people living off of passive income saved that money through hardwork and that passive income carries them through retirement. I guess fuck them right?
canceled.2021.1
#AMERICAISDEAD
You seem to think that all passive income is from trust funds. You do realize that the money you gouge your renters for is considered passive income right? You do know that right? Right? So if you think you should pay a higher tax on YOUR passive income, then why don't you? I bet you don't. I bet you squeeze every gosh danged deduction you can trying to limit your tax liability. So spare your feigned indignation about the tax code. You are all wet baby
I'm aware of no such governmental definition of the term "rich." Please cite your source for that one.
canceled.2021.1
#AMERICAISDEAD
I see Desh is spinning that wheel faster than she can type her ad homs.
So all passive income is from cashing daddy's checks? Please leave your daddy issues out of this. We are discussing finance
evince
Truthmatters
nope I have to maintain those homes.
I clean and repair them.
Now go prove I charge above market on those houses or retract your lie about it you cockroach fucker
I'm not getting into the weeds of this thread per se. I'm not sure what the connection is between trust funds and capital gains except to note that trust funds generally operate by having a trust corpus (the loot) which is invested in various things, which things include investments that produce capital gains and dividends, and that the trust funds perpetuate themselves by making money on investments which are taxed at preferrential rates.
canceled.2021.1
#AMERICAISDEAD
Look at the IRS tables. In 2010, you were considered top 10% if you made $116,000 a year. No you can split hairs if you choose, but $102,000 a year is considered rich by the gobblement. Unless of course you think earning more than 90% of the population is poor. Your choice
Have a blessed day
Look at the IRS tables. In 2010, you were considered top 10% if you made $116,000 a year. No you can split hairs if you choose, but $102,000 a year is considered rich by the gobblement. Unless of course you think earning more than 90% of the population is poor. Your choice
Have a blessed day
Uh, that's not a definition, ILA. That's just math.
canceled.2021.1
#AMERICAISDEAD
It is still passive income sweetie. I know you like to think of yourself as an entrepreneur, but you are just greedy and ripping people off. It's OK. I understand. Don't be bitter about your capitalist natures. Embrace it