@GadSaad But a $1B income leaves you with $975mm because of bonus depreciation, 1031 exchanges, interest deductibility, pass through deductions and about a hundred other loopholes delivered to donors. 500k earners pay high tax so billionaires can say their income doesn’t exist
@RobertFaturechi Where are the pearl clutchers about some vague Hunter email reference to holding some aside for the big guy (when Biden was out of office)? This is the office of the sitting president intervening to direct taxpayer dollars to his son’s company.
@gabriel_zucman Calling for taxes on [x] is a losing argument in the court of public opinion. In an accessible and entertaining way, draw attention to exemptions, credits and shields. "Why is your paycheck taxable, but the ways billionaires make their money, for some reason, isn't?"
@dampedspring Ask AI tool of choice to show historical NAV per share. If I have an cashflow expected to yield 12% and, in the first year, it distributes 20% of my cost basis, what should I characterize as Income vs Principal? Why would I mislabel Principal as Income…for a decade? Not advice
GOP Sen Lummis says she’s changed her mind after new Epstein revelations today: “Initially my reaction to all this was, I don’t care. I don’t see what the big deal is. But now I see what the big deal is. The members of Congress who were pushing this were not wrong!”@PabloReports
If support for incumbent the president is now a condition of enforcing federal law, Congress should defund DOJ. DOJ should only exist if it’s nonpartisan. Too dangerous to liberty otherwise. If AG Garland’s office had posted this, MAGA & GOP would be calling for impeachment.
@SteveGuest Why does this look like a movie and not someone holding a phone? The lighting is perfect, the camera moves forward and back and pans left and right at the perfect times. Weird. Can't put my finger on it...
Governors of GA, MI, NC, ME, NH, OH, AK should file an injunction in federal court to suspend ICE/DHS operations for the week of election day, as masked men with guns mistakenly detaining American citizens might have the 'unintended effect' of suppressing turnout.
@highbrow_nobrow Private equity used leverage to magnify the rewards of expense (aka wage) reduction. Guess when the Golden Age of LBOs occurred and interest rates began a 41 yr decline (encouraging debt incurrence)? PE style mgmt pervades today and has snuffed out broad based prosperity
This week’s Blue Notebook Review with Sgt. Verbeck takes a look at crime trends from October 19 through October 25 — including key arrests, investigations, and cases that shaped the week.
Sgt. Verbeck also shares footage from this week’s Press Conference where SMPD Interim Chief Darrick Jacob, alongside District Attorney Nathan Hochman, announced the arrest and filing of charges in the fatal Wilshire Boulevard hit-and-run case.
We close with a tribute to our beloved Mounted Unit partner, Laredo — whose service, spirit, and connection to this community will never be forgotten. 💙🐴
Girl in the front was executed.
Girl in the back fled to Sweden where she lives in exile to this day.
They both actively worked towards and celebrated their own demise.
I am begging the West to stop thinking this could never happen to you, because it can and it 100% will.