@PopeSeneca@Mat_Vana@May_Poyo_UwU@HoySeBebe@ultras_antifaa Banks literally fight for these clients. The loans are backed by billions in assets, meaning zero risk. The bank collects guaranteed interest monthly for 40 years, typically paid from the stock's dividends. It is pure, risk-free profit for the bank.
@Mat_Vana@May_Poyo_UwU@HoySeBebe@ultras_antifaa Try doing that with a normal portfolio. The second the market dips, the bank panics, forces you to sell your stock, and hits you with a massive tax bill. Billionaires have so much wealth that banks never panic. They get special rules we do not. That is exactly the point.
@PopeSeneca@Mat_Vana@May_Poyo_UwU@HoySeBebe@ultras_antifaa They are revolving lines of credit, not mortgages. Banks love them because they're over-collateralized and generate massive interest, paid via dividends. At death, the estate clears the principal tax-free. Throwing insults won't hide your financial illiteracy.
@PopeSeneca@Mat_Vana@May_Poyo_UwU@HoySeBebe@ultras_antifaa It is literally called "Buy, Borrow, Die." They don't sell the stock to repay loans. They hold it until death so heirs get a stepped-up basis, completely wiping out the capital gains tax. The estate settles the debt tax-free. Nice try, though. Policy fixes this.
@Mat_Vana@May_Poyo_UwU@HoySeBebe@ultras_antifaa No. Union actors are W-2 employees taxed at the highest bracket before they even see a check. Billionaires pay zero in taxes by taking tax-free loans against unsold stock. I don't use that loophole because I don't have billions in stock to leverage.
@Mat_Vana@May_Poyo_UwU@HoySeBebe@ultras_antifaa You are confusing income with hoarded wealth. Working millionaires actually pay massive income taxes. Billionaires use loopholes to avoid them entirely. Systemic inequality is fixed by passing actual tax laws, not by demanding that one actor empty his bank account.
@Mat_Vana@May_Poyo_UwU@HoySeBebe@ultras_antifaa You are confusing income with hoarded wealth. Working millionaires actually pay massive income taxes. Billionaires use loopholes to avoid them entirely. Systemic inequality is fixed by passing actual tax laws, not by demanding that one actor empty his bank account.
Reporter: Why didn't you tell allies about the war before attacking Iran?
Trump: We wanted it to be a surprise. Who knows better about surprise than Japan? Why didn't you tell me about Pearl Harbor?
The President of the United States said I insulted Jesus.
You want to know what insults Jesus?
Kicking the sick off their healthcare.
Bombing schoolchildren in Iran.
Deporting moms and babies.
Covering up the Epstein files.
@IJW61081934@danhenry64@MalikAlyza@Lapanterarosca It's a stolen photo, but the degree is real. Her actual father posted it here:
https://t.co/IEwQ5cI8NZ
Your "dumbed down" claim is false. She earned a BFA from CalArts, an MFA from Pratt, and works with a 4x5 field camera. Dismissing her talent exposes your own ignorance.
For the first time, this is what a Master’s degree looks like.
Today, my daughter #RachelHandlin became the 1st person with #Downsyndrome to earn a graduate degree.
In the world.
Ever.
Rachel says: “I won’t be the last.”
@CalArts BFA 2020.
@PrattInstitute MFA 2024.
Legend.
For the first time, this is what a Master’s degree looks like.
Today, my daughter #RachelHandlin became the 1st person with #Downsyndrome to earn a graduate degree.
In the world.
Ever.
Rachel says: “I won’t be the last.”
@CalArts BFA 2020.
@PrattInstitute MFA 2024.
Legend.
BREAKING: The Director of the National Counterterrorism Center, Joseph Kent, just resigned and his letter is devastating.
He says Trump was “deceived” into war with Iran, pushed by misinformation and outside pressure, abandoning his own America First principles.
And he says Iran never posed any imminent threat to America.
Read the entire letter below.