MainLineWindChime

[MainLineWindChime @MainLineTopMind]

@AShaughnessy25 @scottsalaske The argument is that the fees of the strategy offset the tax benefits for someone not in the highest tax bracket. Also most people can’t add six figures+ annually to the account.

[MainLineWindChime @MainLineTopMind]

@scottsalaske Each year, and have a long time horizon. IMHO this is way more than 5% of investors. For the average American the strategy isn’t worth it at all.

[MainLineWindChime @MainLineTopMind]

@scottsalaske There are about 7 scientific peer reviewed papers on this topic. They all generally agree on the following. Direct indexing and active tax lost harvesting are best suited for people in the highest marginal tax bracket, ability to add large sums of savings into the strategy

[Yogi @Houseofyogi]

Bezos went on CNBC yesterday and said "You could double the taxes I pay and it's not gonna help that teacher in Queens."

And all the bureaucrats and socialists lost their minds.

Promise the teacher a raise. Tax everyone. Launder the money through Washington. Then blame the billionaire. We aren't morons Ro, we've seen this before.

Bezos said the bottom half of earners should pay zero federal income tax.

A nurse in Queens making $75K hands the IRS $12K a year. He said cut it to zero. She keeps her full paycheck. No bs refund, paperwork or shady government program.

Simple.

They won't do it. And you should ask yourself why.

They don't ACTUALLY want to help anyone. They just want to pretend they tried and get your votes while making you hate the ppl they scammed.

They want the money to flow through Washington, the city, every ponzi department and consultant and charity so each one can wet their beak.

By the time it reaches the teacher it's maybe $100, if that...

And then they'll blame the billionaire who hasn't paid their "fair share." Right Warren???

Lets take a gander at Mamdani's education budget.

NYC spends $42K per student per year, 3x the national average ($15K). Highest in America. Florida pays $9K.

NYC spends more per pupil than most people pay for private school or college. Its frickn insane.

The budget has gone up every year, enrollment has gone down. With all that money only 3 out of 10 kids can read in the 8th grade. Cuba can read better english and they speak spanish lol.

So where is the money going? Def not to teachers. but shh, ro doesn't want you to know that.

A starting teacher in NYC makes $65K. Mamdani's city spends $42K per kid, runs a $40B budget. You could pay every teacher six figures with that money and have 12 kids per a classroom. But thats too logical.

It goes to administrators. Consultants. Overtime. Unions. Friends and family businesses. Pensions for people who left a decade ago. Studies about studies. Buildings that take ten years to renovate. Everyone else but the kids, teachers and actual schools

THERE IS ENOUGH MONEY.

Politicians decide where the money goes. Teachers are underpaid because of how government spends money. Not because Bezos doesn't pay enough.

Then they stand outside a billionaire's apartment with a camera and tell you he's the problem.

That's the SCAM.

Ro Khanna says tax billionaires to fund $60K teacher salaries. NYC already spends enough to fund $100K teacher salaries. The money's there, Ro. Your people are the ones who won't give it to her.

Federal level is the same story. DOE spending up 649% since 2000 and kids aren't any smarter. GAO found $186 billion in improper payments last year. $3 trillion in errors since 2003. It’s criminal.

Stop taxing the nurse. No bureaucracy. Just let the woman keep her full paycheck.

Outrage is deflection.

They'd rather she pay.

Because her keeping her own money doesn't fund the machine and they lose the one thing that keeps the whole racket going: a billionaire to blame.

[MainLineWindChime @MainLineTopMind]

@Rodervin1 @cliffcornell_ Yes, you sell stocks in the future that have gains and offset the capital gain with a loss carry forward from the past. In any given year hundreds of stocks in an index are down, yet the index goes up.

[Clay Travis @ClayTravis]

This is what actual journalism looks like.

[Nick shirley @nickshirleyy]

🚨 Here is the full 42 minutes of my crew and I exposing Minnesota fraud, this might be my most important work yet. We uncovered over $110,000,000 in ONE day. Like it and share it around like wildfire! Its time to hold these corrupt politicians and fraudsters accountable

We ALL work way too hard and pay too much in taxes for this to be happening, the fraud must be stopped.

[MainLineWindChime @MainLineTopMind]

@ghosted_machine This might be one of the most blatant “Bend the knee or die” situations ever to exist.

[MainLineWindChime @MainLineTopMind]

@BleacherReport If anyone thinks that there is any loyalty to anyone nowadays, they are naive. Loyalty is dead. Everyone is looking out for their own best interests. A job is simply a job. Don’t hate on people for getting paid.

[Tina Forte for Congress @TinaForteUSA]

Thank you @TaraBull

[MainLineWindChime @MainLineTopMind]

@unusual_whales Life is all about trade offs. You could go to any of the above cities, start a boring business, make good money, and buy a home. Yet some people would rather live in an expensive city, practice zero fiscal responsibility, and complain about not being able to buy a home.