@RomanCabanac You do realise that you yourself is potentially a PEP (Politically Exposed Person) with a non-zero chance of being debanked?
How do you plan to get around without bank facilities in a cashless world?
@MangsMichael @ASZulu I always giggle when white people tell black people how they should feel. They never walked a step in their shoes but say they know what Malema think
Same thing other way around. How can you possibly know what white people think and feel without actually walking in their shoes?
@Brendennel Before the obsession with ball in play and the impossible-to-enforce laws provincial games could fill stadiums
Everyone one of us saw ourselves on the field. From the short chubby one to the tall skinny one
Now it is technical and only true athletes can compete
@Evolving_Ego@natefishpa@SeekWiser_ People I know decline promotions or overtime saying the higher tax rate means the slight increase in take-home pay does not warrant the extra responsibility
We must be careful to be too progressive. We must also be careful how we define a wealthy person. If could soon be us
@Evolving_Ego@natefishpa@SeekWiser_ Also, the situation is not as bad as described. Eg. Bezos pays $1.4 billion in federal taxes only. Musk paid $11 billion. As a percentage of their stock value it may sound like small change but in terms of their actual draw it is not unreasonably low
@Evolving_Ego@natefishpa@SeekWiser_ Perhaps increase capital gains and estate tax?
The solution is not to tax unrealized assets such as loans, houses or stock portfolios
Besides, the politicians will never raise the tax of their donors. This is just the normal pre-election noise
@natefishpa@Evolving_Ego@SeekWiser_ Good analysis, thank you.
At the end he still needs to cash out the asset to repay the loan though. Perhaps he can sell the car, but the loan must be repaid. Soon taxes on the loan as well
So now more stock need to be sold to pay tax, driving down price of stock
@Evolving_Ego@natefishpa@SeekWiser_ How do they distinguish between a wealthy person taking out a loan to dodge tax and a desperate person who loan to stay afloat?
@rugedik@twatterbaas@Celia03956978 The Koi traded with the passing ships and settlers for decades before this was signed. It may come as a surprise to you but the Koi nation is actually intelligent and knew very well what they signed.
As for medium of exchange, it is detailed in the contract
@BubbatheOG He lost me when he said it does not matter what they did - even a serial killer has the right to live. I fundamentally disagree with this. All rights come at a price
@EBee40 Go tell that white beggar at the traffic light how privileged he is.
So perhaps it is more accurate to say that some/most whites are privileged? But a blanket statement like that is factually inaccurate