I was about to post the trading places reference too. Three clarifications:someone mentioned 'trading places.'
'Okay, pork belly prices have been dropping all morning, which means that everybody is waiting for it to hit rock bottom, so they can buy low. Which means that the people who own the pork belly contracts are saying, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung- grip! And my wife ain't gonna f... my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now, I can feel it.!'
fear, greed. we already covered 'supply, demand.'
someone mentioned 'trading places.'
always sooner than they think possible. too much 'heart' in their analysis, and not enuf 'head.'At what point do people get rekt?
Nah. It would only hit the ultra-wealthy:Well this would suck the life out of investing...
Beware of a Biden Tax On Unrealized Capital Gains
Newly-inaugurated President Biden is likely to take office and push for a flurry of new legislation. Yet while all eyes will be on Biden’s proposals for COVID-19 relief, healthcare policy, and uwww.realclearmarkets.com
i have no idea other than to say that my new social media 'algo' has significant respect for those companies which own their own servers, therefore not relying on the big guys server infrastructure for ...anything, including 'approval' for their content. didn't we just learn that management here axed the pool, cuz of advertiser issues with the randy content? i certainly don't blame management for that -they've got a business to run.are BB and NOK part of this social media bubble? or are they true long term holds?
(edited grammar)
They are both.are BB and NOK part of this social media bubble? or are they true long term holds?
(edited grammar)
Nah. It would only hit the ultra-wealthy:
Wyden would change to a “mark-to-market” system. That is, for wealthy Americans who report income above $1 million or assets above $10 million for three consecutive years, taxation would no longer be tied to when people sell their stocks, artwork, or houses. It would instead happen every year that the asset gains in value. If I hold stock worth $20 million one year and it increases in value to $23 million the next year, I would pay tax on that $3 million gain when I file taxes that year.
How Ron Wyden’s tax plan would hit and change philanthropy
He would tax the rich’s capital gains as regular income — every year.www.vox.com
It's a great plan.
The elites don't pay the taxes. They write the bills. It will hit and hurt the middle classNah. It would only hit the ultra-wealthy:
Wyden would change to a “mark-to-market” system. That is, for wealthy Americans who report income above $1 million or assets above $10 million for three consecutive years, taxation would no longer be tied to when people sell their stocks, artwork, or houses. It would instead happen every year that the asset gains in value. If I hold stock worth $20 million one year and it increases in value to $23 million the next year, I would pay tax on that $3 million gain when I file taxes that year.
How Ron Wyden’s tax plan would hit and change philanthropy
He would tax the rich’s capital gains as regular income — every year.www.vox.com
It's a great plan.
NOK and GSATNOK will be a player in 5g and BB is moving into the cloud space so both have potential
Equity markets would crater. The need for liquidity would require constant selling and drive even shorter holding periods.Nah. It would only hit the ultra-wealthy:
Wyden would change to a “mark-to-market” system. That is, for wealthy Americans who report income above $1 million or assets above $10 million for three consecutive years, taxation would no longer be tied to when people sell their stocks, artwork, or houses. It would instead happen every year that the asset gains in value. If I hold stock worth $20 million one year and it increases in value to $23 million the next year, I would pay tax on that $3 million gain when I file taxes that year.
How Ron Wyden’s tax plan would hit and change philanthropy
He would tax the rich’s capital gains as regular income — every year.www.vox.com
It's a great plan.
Yup, someone back on Jan 14someone mentioned 'trading places.'
Can it? Yes. Should it is another question. Wall Street has their guy in office so I wouldn't be shocked to see a push to regulate retail investorsI just locked up a 21% profit on my total capital today thanks to Reddit lol. The internet is forever undefeated.
Can the government do anything to stop this?
See new SEC head's regulatory track recordCan the government do anything to stop this?
still?NOK is a head fake trying to shake people out of GME.
The elites don't pay the taxes. They write the bills. It will hit and hurt the middle class