Biden Will Hike The Top Capital Gains Tax Rate To 39.6%: What That Means For Markets

Discussion in 'Taxes and Accounting' started by Banjo, Oct 11, 2020.

  1. MrRenev

    MrRenev

    Oh ye I cut a part here, must have been hard for you.

    Norway was ran between 1945 to 1962 by the labour party was had a few socialist goals, big surprise it did not work out who would have thought, they were receiving free money from the USA, then the leftists got replaced by moderates then in 1981 by conservatives that brought back growth, in 1986 a labour woman replaced them and she continued the conservative reforms but also brought in feminism.
    Now Norway has the biggest wealth fund in the world with over 1 billion dollars coming from huge Oil reserves for a population of only 5 million, they have so much cash they could want socialism again but the very negative outcome they had is still in public memories so I don't see that happening any time soon.

    Talking about conservative-leftists Sweden also became a "feminist" country a few years ago, which is why Sweden women are the most raped in Europe and also why Sweden women are the ones that go the LEAST towards STEM fields and earn the least :) The more of a choice they are given the LEAST they do MEN JOBS.

    I'll even add a bonus: women had the right to vote in the 1700s in Sweden. As did women in the "USA".
    In 1772 women lost the right to vote in Sweden.
    In 1775 and the following years the NA states took away that right.
    In 1789 the french as they did their revolution did not give that right to women.

    Guess who took away voting rights from women? ;) Same people that "fought for them to have this right".
    Leftist progressives. In the USA New York, the most progressive state, was the first one to remove their right ;)
    Women used to be conservative, really stuck up, idk if you read some Lucky Luke comics or saw some westerns but you might have this image of stuck up women going to dancing halls with dancing women where the men were having fun and trying to tear it down because of indecency.
    Men get what they want today, thanks feminism, they get to fool around with different girls that don't try to keep them, they don't have to stick around for babies and so on, men once again are the big winners.

    Inb4 "You made it all up it makes no sense bla bla bla bla"... must be hard to handle for a small brain.

    In the end the USA is going down and I will smile watching it fall apart and watch pro communism morons get exactly what they deserve :p
     
    #21     Oct 13, 2020
  2. gkishot

    gkishot

    I am not so sure that Biden will lose the election. He is leading in the polls as so many people support him with him not even lifting a finger to rally them to his cause. While Trump is working hard to do just that.
     
    Last edited: Oct 13, 2020
    #22     Oct 13, 2020
  3. MrRenev

    MrRenev

    I did not say Biden will lose the election I said he won't be president. I think it is likely that the "democracts" skip the democratic part and steal the election from Trump the same way they stole the nomination from Bernie Sanders (twice).

    By the way those big corporate & capital gain taxes will be the highest of all OECD countries by far even young gullible americans beloved Sweden (30%).
    Actually the USA would even have higher taxes than African countries (how well did that work out?).

    Demographics of this century means that growth is getting much smaller and as a logical result all countries and in particular OECD have lowered their coporate and capital gains taxes.
    The ones that lowered taxes the most had the most spectacular growth (what a coincidence...).

    Socialists want high taxes... weird... Their beloved USSR had a max tax rate of 13% at its peak...
    The USSR... that sold massive amounts of Oil & Wood had a BALANCED BUDGET. They did not spend money they did not have... And they did not tax to death their productive population...

    'nyway the democrats are only pretending to be socialists to get retards to vote for them, althought with Kamala and all the wokeness I have my doubts now...
    The USA are screwed no matter who wins :D

    And tentacular megacorps are supporting socialism... This should ring a bell... They can move their HQ to anywhere in the world, and move money where they want, to whatever country has the lowest taxes. The only way to get their offshore money back is what Trump did: Tax cuts for the rich. A little of something > Alot of 0.
    Also money is not the same as purchasing power so on a global scale taxes are pointless, but it can make a country consume more than another with imports WHICH has as consequences that the local populace loses their jobs to the exporting country LOLOLOL lose either way!

    The french revolution antifa fantacizes about was a tax revolt, for LESS taxes not more. The USA revolution started as a revolt against tax on tea.

    But aannnyway final final conclusions the US globalists simply put will follow whatever Soros tells them and in january 2021 they are going to present to us their goals for the new world order.
     
    #23     Oct 13, 2020
    Turveyd likes this.
  4. Turveyd

    Turveyd

    Socalism will fail badly, but the covid scam has made a lot more people poor and even more resentful of the rich, most haven't realised this yet, they want this so everyone is as poor as them equality, bad if you've worked hard and done well for yourself.

    Norway just finished living wage and found it doesn't make those that want to work work and was classed as a success, which is leading more to want that.

    UK people are already being told it's take pay cut to min wage or no job, they wouldn't of gotten away with this last year.

    Socialist is being bundled as a green fix aswell.


    THE GREAT RESET as it's being called :(
     
    #24     Oct 13, 2020
    gkishot likes this.
  5. Turveyd

    Turveyd


    New World Order will be slowly eased upon us over the next few years, why else would you create such a huge damaging over reaction to a new Flu strain, but it's coming.

    Going to be a shit decade while this plays out and the players position themselves for max power and control.

    WW3 hopefully not nuclear is expected, Billions will die!
     
    #25     Oct 13, 2020
  6. Sig

    Sig

    What I find so interesting about these unhinged rants is not necessarily the conspiracy theory the person espouses but the stunning lack of internal consistency that demonstrates they themselves don't actually believe the conspiracy theory. If our friends @MrRenev and @Market_Diver actually believed these things were going to happen, then the only rational thing for them to do would be to prepare to go "goodbye", as they say, to a happy place that's got it all right as opposed the our country which they allegedly believe is about to implode. And yet not only are they not making any such preparations, they're not even able to name what that place would be!
     
    #26     Oct 13, 2020
  7. They

    They

    Blellum Unchained
     
    #27     Oct 13, 2020
  8. MrRenev

    MrRenev

    Conspiracy theory dum dum? About things that have already happened? :rolleyes: You crack me up.
    Or about the NWO which is an official thing planned for january 2021? (I know dum dums only read the first and last sentences)
     
    #28     Oct 13, 2020
  9. Sig

    Sig

    I'll ask you for the third time, what have you done to say "goodbye" given how horrible you think the U.S. is going to become, and where exactly are you going "goodbye" to? That's the crux of the contradiction in everything you're saying, the fact that you clearly can't answer those questions since anyone who truly believed what you say would have already planned all that out.
     
    #29     Oct 13, 2020


  10. Democratic socialists like Bolshevik Bernie Sanders and Karla Marx (AOC) can no longer point to Venezuela as a socialist model that works because it failed so miserably, so they now hold up Sweden, Denmark, and Norway as their preferred examples of democratic socialism that supposedly works. But there’s a big problem with using those Nordic countries as examples of the socialist utopias that America should emulate. Especially for Sweden as Johan Norberg points out in a Cato Institute Policy Report “Sweden’s Lessons for America“: Sweden is NOT socialist:

    If Sanders and Ocasio‐Cortez really want to turn America into Sweden, what would that look like? For the United States, it would mean, for example:

    1. More free trade

    2. A more deregulated product market

    3. No Fannie Mae and Freddie Mac

    4. The abolition of occupational licensing and minimum wage laws

    5. The abolition of taxes on property, gifts, and inheritance

    6. Even after the recent tax cut, America would still have to slightly reduce its corporate tax

    7. America would need to reform Social Security from defined benefits to defined contributions and introduce private accounts

    8. The US would also need to adopt a comprehensive school voucher system where private schools get the same per‐pupil funding as public ones.

    If this is socialism, call me comrade.
     
    #30     Oct 13, 2020
    pietruzzo likes this.