@RissaRunsThis Also, I had a dealership tell me the limit on the machine up front was $5k but if they ran it on the machine in the service department the limit was $10k… so I could put even more of it on credit card and get rewards instead of interest (only if you can pay off, of course)
"The unrealized tax is only for ultra wealthy, no big deal."
Let's play this out.
25% unrealized gains on people worth 100MM.
Bill Gates is worth 132 Billion.
Assume his unrealized tax due is about 30 billion.
He would need to sell 40 Billion in Microsoft shares, pay tax on that, just to pay the unrealized tax.
That would probably tank MSFT 10%.
7 million people own Microsoft stock.
Now repeat with META, GOOG, NVDA, AAPL, TSLA etc..
Olympic Gold Medalist Sydney McLaughlin on her relationship with God:
“I credit all that I do to God. Regardless of what happens, He’s going to get the praise. Every time I step on the track I pray “let me be the vessel in which you’re glorified”… That’s why I do what I do.” 🙏
Scottie Scheffler had earned $28 million playing golf this season. And smiled.
Today he made barely $37,000. And sobbed.
Some things don’t have a dollar amount.🥇#ParisOlympics