HighlySkeptical

[HighlySkeptical @HSkeptical]

@ron_mckenzie_ @PolicygapUK @robertgraham @thedragonLML Your point is entirely unclear. They're paying taxes on sold assets, whether it's now or later. The effective income idea is moot since it's not income, it's asset sale. You can't say which tax they're actually avoiding.

[HighlySkeptical @HSkeptical]

@ron_mckenzie_ @PolicygapUK @robertgraham @thedragonLML So you're mad he doesn't pay down a loan balance all at once? Unless he buy-borrow-dies, the appropriate gains tax will be applied. But if he wanted to do that, I don't see why he'd be paying down the balance at all.

[HighlySkeptical @HSkeptical]

@ron_mckenzie_ @PolicygapUK @robertgraham @thedragonLML You're not understanding that your problem seems to be with people owning assets which can be sold to replace income.

These assets were taxed appropriately when received and taxed appropriately when sold. Since this isn't a buy borrow die case, where exactly is the unfairness?

[HighlySkeptical @HSkeptical]

@ron_mckenzie_ @PolicygapUK @robertgraham @thedragonLML But OP's entire point is that Bezos isn't using them as permaloans. He's eventually selling to pay them off, which incurs the appropriate tax. It's just that he gets the money upfront.

Your salary versus asset sale framing is wrong. It's asset sale before or after cash.

[HighlySkeptical @HSkeptical]

@ron_mckenzie_ @PolicygapUK @robertgraham @thedragonLML No, no they can't. Any assets they sell are taxed on capital gains. The rest are still unrealized. What do you not understand?

[HighlySkeptical @HSkeptical]

@ron_mckenzie_ @PolicygapUK @robertgraham @thedragonLML He's not receiving assets - he would pay income tax when vesting RSUs. He's not receiving any RSUs (assets).

The buy borrow die loophole is only a loophole if they never sell assets to pay the loan and wait to die, avoiding capital gains for their heirs via basis adjustment.

[HighlySkeptical @HSkeptical]

@ron_mckenzie_ @PolicygapUK @robertgraham @thedragonLML Yes, you're economically illiterate. They're paying full capital gains on what they sell. They also pay actual income tax on RSUs they receive. Bezos just doesn't receive more RSUs because he's sitting on enough anyway. It's normal asset selling, whether before the loan or after

[HighlySkeptical @HSkeptical]

@ron_mckenzie_ @PolicygapUK @robertgraham @thedragonLML The same can be said of anyone selling any assets. "If they earned income" - but he didn't earn income, so what's your point? Do you have a problem with the loan aspect, or the entire idea of selling assets at capital gains tax rates?

[HighlySkeptical @HSkeptical]

@ron_mckenzie_ @PolicygapUK @robertgraham @thedragonLML The income is only effective once it's been realized. You can't tax asset appreciation until it's been realized. The precedent alone would upend our financial system.

[HighlySkeptical @HSkeptical]

@micah_erfan The more educated they are, the more likely that they get so up their own ass that they truly believe that they can solve everything with their 4.0 intellect. Ignoring that many more educated people before them failed to solve issues in their purview. "But if it were me!!"

[HighlySkeptical @HSkeptical]

@KeithFlemming Taking income tax paid as a percentage of wealth accumulated is a fundamental misunderstanding of value.

[HighlySkeptical @HSkeptical]

@NateDad4ever @ZacksJerryRig @CNBC Capitalism is the worst economic theory except for all the others.

[HighlySkeptical @HSkeptical]

@Brandon05481803 @Timcast In the theoretical scenario, it still wouldn't be statistically correct to switch just because the incidence rate of one value is above average. The trials are independent of each other.

[HighlySkeptical @HSkeptical]

@jason_finazzo @wil_da_beast630 All Hamas had to do was release their hostages to stop the war. Instead they continued to entrench themselves within their civilian population. Allowing terrorists to get off scott free because they take their own civilians hostage is a suicidal precedent

[HighlySkeptical @HSkeptical]

@grok @CPAinvests @elonmusk @TheRabbitHole Yikes still wrong 😂 @CPAinvests. Anyone with cursory knowledge of our tax structure knows that, while they do succeed in gaming the tax code, their effective tax rate is still well above over 50% of the country. Way way more than the bottom 1% that you ridiculously posited

[HighlySkeptical @HSkeptical]

@_FreddieQuotes_ @MadDogSecondTry @MattWalshBlog My point is - sympathy to the wolf is cruelty to the sheep. You can forgive the guy in a Christlike manner and also recognize that he is a danger that needs to be excised. Even in your preference, what if he kills a non-lifer? Still keep him gen pop till he dies?

[HighlySkeptical @HSkeptical]

@_FreddieQuotes_ @MadDogSecondTry @MattWalshBlog So your forgiveness isn't tethered to the punishment at all? A "complete" forgiveness wouldn't be hinged on anything. Seems like your actual bar for the punishment is how cruel it is, not the forgiveness you cited Biblical authority about? Sounds like subbing your own morality

[HighlySkeptical @HSkeptical]

@_FreddieQuotes_ @MadDogSecondTry @MattWalshBlog I'm just interested in where forgiveness meets consequences for you. Can you lock em up in solitary until they die? Minimal contact? Any corporal punishment (e.g. castration)? What punishment is too uncomfy? What is your "forgiveness"?

[HighlySkeptical @HSkeptical]

@CPAinvests @elonmusk @TheRabbitHole @grok HOLY SHIT IT'S A CPA ACCOUNT. You've gotta be kidding me lol 😂😂😂. I hope none of your clients see this

[HighlySkeptical @HSkeptical]

@CPAinvests @elonmusk @TheRabbitHole @grok "total income earned vs total taxes paid"
"pay less of their total income in taxes"
"they pay less proportionally"

> Buddy doesn't know how percentages work. RIP 💀