By FortuneFaded Go To PostObviously a Soros plant
He was 23.
Meh limp wrist slap. Macron running away like a baby is funny though. The entire situation is french as fuck.
ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
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By reilo Go To Posthttps://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-taxI hope this isn't going to be a repeat of the panama papers situation where nothing happened except the whistleblower getting carbombed
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By Not Go To PostI hope this isn't going to be a repeat of the panama papers situation where nothing happened except the whistleblower getting carbombedNothing is going to happen.
We in the US are conditioned to appreciate and admire this shit instead of be outraged over it. That's why the government here doesn't need to crack down on exposes like they do in other countries with worse propaganda
The cornerstone of the whole story is that they didn't pay income taxes because they didn't earn income. This has always been known. All their wealth comes from stock investments. It's not a new story, just a restatement of a long known fact
By sohois Go To PostThe cornerstone of the whole story is that they didn't pay income taxes because they didn't earn income. This has always been known. All their wealth comes from stock investments. It's not a new story, just a restatement of a long known factSorta
They claim "investment losses" against their stated income some years, so eventhough Bezos' wealth increased substantially his tax rate plummeted and he even got tax credits (e.g. child tax credit of $4,000) because he claimed he lost money that year. And that's because we allow pass-through investment losses which allows them to claim they lost money on some investments eventhough their other investments are skyrocketing in value -- but those don't count because they hadn't cashed out yet.
In other words, it's by design.
Well yea it's by design. Close the damn loopholes. Going to be hilarious when that 15% worldwide corporate tax plan agreed by the G7 is dead in the Senate 😂
By DY_nasty Go To Postwtf is anyone gonna doWell personally I'll be going to mars on a different rocket
anywhere
Yeah, some of the stuff like the tax credits is certainly scummy, but even if you stopped allowing people to claim unrealized losses against tax bills, it's still really difficult to tax unrealized capital gains. Framing the situation as them getting away with no income taxes is an incorrect framing, I feel. If there was an easy way to tax wealth, a government somewhere would have figured it out
By UkerLunatic Go To PostWell yea it's by design. Close the damn loopholes. Going to be hilarious when that 15% worldwide corporate tax plan agreed by the G7 is dead in the Senate 😂Can't wait
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Kids are hoping and changing wrong
By Not Go To PostWow is this the first time a US politician has said that second pointI remember when people here cared about immigration.
Lol immigration, here, has some wide variation of opinion. I’m on the open r up and let r rip trip. We’re not currently seeing much of any population growth
im generally anti-population growth. especially the let r rip variety lol
but yeah, nothing new nationally. "go somewhere else" vs "we're reuniting them with their families <3 somewhere else"
By UkerLunatic Go To PostI remember when people here cared about immigration.to be fair, immigration state to state and even region to region within that state are gonna see wildly different looks
but yeah, nothing new nationally. "go somewhere else" vs "we're reuniting them with their families <3 somewhere else"
By DY_nasty Go To Postim generally anti-population growth. especially the let r rip variety lol
We’re not really growing tho
By Fenderputty Go To PostWe’re not really growing thogood. far too many areas of the country can barely sustain what they got.
By DY_nasty Go To Postgood. far too many areas of the country can barely sustain what they got.
I personally don’t want to face what Japan is facing with regards to more older people needing to be taken care of than younger people can provide. Ideally age / population should look like a pyramid with the smallest and oldest at the top. But those baby boomers making us look more vertical.
I also think there merit to not letting China pass us in GDP. World currency etc etc
Though I think there’s merits to the “the world can’t sustain constant population growth” from an ecological standpoint
China ain't passing anyone with that repressive government. Give it another 50 years until the population starts largely shifting to middle class and that regime will collapse.
By inky Go To PostShouldn't more immigrant labour increase sustainability? (Maybe this is a very simplistic view).In a system that didn't rely on fear through the visual exploitation of lower classes, it would
Sidestepping whether unrealized capital is taxable, the main issue remains thus: rich people would not want to pay taxes either way
By UkerLunatic Go To PostChina ain't passing anyone with that repressive government. Give it another 50 years until the population starts largely shifting to middle class and that regime will collapse.Liberalization and modernization theory with regards to China has been pretty thoroughly discredited as the population has gotten incredibly wealthy over the last three decades. I don’t believe that view that a middle class will push for political reform will come to pass anymore - even the staunchest neoliberals seem to have abandoned it.
By Fenderputty Go To PostI personally don’t want to face what Japan is facing with regards to more older people needing to be taken care of than younger people can provide. Ideally age / population should look like a pyramid with the smallest and oldest at the top. But those baby boomers making us look more vertical.china is fucked in more ways than one.... *if* the metric is direct competition, outlasting them as a power is the solution to every single problem presented.
I also think there merit to not letting China pass us in GDP. World currency etc etc
Though I think there’s merits to the “the world can’t sustain constant population growth” from an ecological standpoint
japan's version of population crisis will never be something we encounter either. overpopulation in many areas puts far too much of our human element in situations that they can't reasonably succeed or even retain their existing value in. throwing more people at those kinds of problems, even in areas where additional workers/consumers would help, just kinda pushes our lopsided dystopian future comedic horror further down the schedule imo
if people actually moved within the country and generally evened things out a bit? sure. fuck yea. pouring more sauce on major population areas and places that are already strained just by existing growth trends? it shouldn't just be a republican talking point lol
By inky Go To PostShouldn't more immigrant labour increase sustainability? (Maybe this is a very simplistic view).in some areas, yea
but then we've also got a massive problem of absolutely shitting on economic immigrants then throwing their problems onto the same pile of neglected domestic issues we continue to pass on from election period to the next.
By Perfect Blue Go To PostLiberalization and modernization theory with regards to China has been pretty thoroughly discredited as the population has gotten incredibly wealthy over the last three decades. I don’t believe that view that a middle class will push for political reform will come to pass anymore - even the staunchest neoliberals seem to have abandoned it.I'm kinda iffy on what version of political reform even mean in regards to that tbh.
a simple change in direction from rapid expansion and internal overhauls to circling the wagons is substantial in itself. "i got mine" is international.
AHAHAHAHA
https://www.wsj.com/articles/irs-is-investigating-release-of-tax-information-of-wealthy-americans-11623179470?st=m3jlyar40cas36f&;
Guess I misspoke about our gov doing less than other countries
https://www.wsj.com/articles/irs-is-investigating-release-of-tax-information-of-wealthy-americans-11623179470?st=m3jlyar40cas36f&;
Guess I misspoke about our gov doing less than other countries
By Not Go To PostI hope this isn't going to be a repeat of the panama papers situation where nothing happened except the whistleblower getting carbombed
By Blue Go To PostNothing is going to happen.
By DY_nasty Go To Postwtf is anyone gonna do
anywhere
You're all bad at this.
By DY_nasty Go To PostI'm kinda iffy on what version of political reform even mean in regards to that tbh.Usually it means some form of democratization whether that be an electoral democracy within the CCP or a more multi-party system. It was the prevailing theory from the 80’s and informed the west’s policies towards China - the richer they got, democracy would follow… and we see now that isn’t the case.
a simple change in direction from rapid expansion and internal overhauls to circling the wagons is substantial in itself. "i got mine" is international.
By Not Go To PostWow is this the first time a US politician has said that second point
I mean, it's very on the nose for anyone. And it'd be absurd to pretend like it isn't happening anymore.
Bolivia coup to oust Evo a few months ago is a perfect example, Trump's try to overthrow Nicolas Maduro a couple of years ago; and how they basically violated the IMF's rules to give former Argentinian president Mauricio Macri the biggest loan in the history of the institution (while knowing that the country didn't have the means to pay it back) just to help him win the reelection (which he failed to do lol)
No problem m8, just play MW2 on Veteran. Don't forget to kill the chickens in the cages to get a trophy.
President Biden on Tuesday cut off his infrastructure negotiations with leading Senate Republicans after their talks failed to bridge wide divides over the size, scope and financing of the package, turning to a group of centrist senators to try to salvage the chance for a bipartisan deal..
The collapse of the effort came after Mr. Biden concluded that Senator Shelley Moore Capito of West Virginia and other Republicans were unwilling to significantly increase the amount of new money to be invested in the nation’s roads, bridges and other public projects as part of the plan, or offer specifics on how to pay for it.