UltimaParadox
Favorite team: | Alabama |
Location: | Huntsville |
Biography: | |
Interests: | |
Occupation: | |
Number of Posts: | 40832 |
Registered on: | 11/21/2008 |
Online Status: | Not Online |
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re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted by UltimaParadox on 4/26/24 at 3:27 pm
[quote]It's actually not. A working couple with 2 professionals (like 2 doctors) can easily be making that.[/quote]
Considering that is per person.. So you guys are making 1 million in taxable W2 income, and collecting over 400K in qualified dividends and interest? Which obviously does not inclu...
re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted by UltimaParadox on 4/25/24 at 11:09 am
[quote]Imagine someone like Elon when TSLA had a massive run. He'd have to tank his own stock to pay taxes. [/quote]
Considering Elon has not taken a salary since like 2018, he basically has zero taxable income. He would not meet the minimum income to be subject to these taxes as proposed....
re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted by UltimaParadox on 4/25/24 at 10:31 am
[quote]All of that is true, but that did not answer my question. Who is going to stop it?[/quote]
Stop what? This is not even a law that is up to be passed...
re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted by UltimaParadox on 4/25/24 at 8:49 am
[quote]The discussion is always about the camel's nose under the tent. You don't let the government advance any taking from anyone[/quote]
While I agree for the most part, the idea of taxing unrealized gains has been around a long time. In the news it makes sense, however in practice it is basic...
re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted by UltimaParadox on 4/25/24 at 8:43 am
[quote]Why would it not pass? Who is there to stop it?[/quote]
Considering the president's "budget" is just a proposal for congress to talk about. It is generally used as a political talking point. The president does not set the budget, despite some people who think the president is responsible...
re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted by UltimaParadox on 4/25/24 at 8:40 am
While it will never pass, It required an income over 1 million and an invest income over 400K.
That is very very small set of people. There are actually very few people who have standard income that high, and that is by design. Probably professional athletes might be one of the biggest sets of ...
re: What's the highest level of Math you use regularly?
Posted by UltimaParadox on 4/23/24 at 10:16 pm
Linear algebra often, every now and then differential equations , mostly just Laplace transforms. Matlab helps.
EE...
re: Anybody else think Disney Stock hits low 70's on Wed??
Posted by UltimaParadox on 4/22/24 at 10:26 pm
You are not the first politard posting here. It gets pretty old reading the same old nonsense and how it relates to investing.
[quote]Because they control other people's shares that hold them in Blackrock and vanguard accounts[/quote]
That is still not correct...
re: Small IRA. What does money talk say to invest in?
Posted by UltimaParadox on 4/22/24 at 1:48 pm
Loaded question...
This will usually boil down to two things..
If you dont need the money and are looking to gamble, then go ahead and buy yourself some lottery tickets. Much simpler approach, and the payout is immediate.
If you are wanting to invest, the general rule is start with broad...
re: 2 year inverted yield curve
Posted by UltimaParadox on 4/22/24 at 9:54 am
[quote]Tempted to put all future 403b/401k contributions for my wife and I into money market/cash starting this week with the anticipation of a hard recession similar to 2007-2009. I would not touch all current investments. Reassess 14-18 months out? Wise or foolish?[/quote]
Good luck timing it.
...
re: How well would the U.S.population actually fare in an all-out war today?
Posted by UltimaParadox on 4/21/24 at 6:55 pm
[quote]I think a lot about the scenario about a couple of EMP’s shot up from random places stateside.[/quote]
Worried about the nuclear fallout that would destroy the world?...
re: How well would the U.S.population actually fare in an all-out war today?
Posted by UltimaParadox on 4/21/24 at 4:05 pm
One thing this thread really shows... People get really mad over politics on the Internet.
Not many on this board know how our modern military operates...
re: Sony in Talks to Join a Bid to Buy Paramount
Posted by UltimaParadox on 4/20/24 at 11:44 pm
[quote]Out of curiosity, why didn't PSVue work?[/quote]
Unlike Disney and Google, Sony was not going to keep operating it at a loss.
The rights to acquire the channels from Disney etc, was going to push the monthly rate down on subscribers to over 100/mo. Unlike Google who will operate it at...
re: How Many of You Make Enough to "Live Comfortably "?
Posted by UltimaParadox on 4/20/24 at 4:56 pm
113k to live Hawaii... Lol
Some of these are pretty far off...
re: Is the pocket knife a lost art?
Posted by UltimaParadox on 4/20/24 at 1:23 pm
Every time at the airport I was losing it. So basically stopped due to that...
re: Advice? Take a paycut and hit the road?
Posted by UltimaParadox on 4/19/24 at 1:25 pm
[quote]The freedom of outside sales, schedule and lowered stress level seem to be very high on the pros list.[/quote]
I hope you like going to dinner every night away from your family... Kidding of course, but really depends on the sales job...
re: DJT is the most expensive stock on the market to short - up to 900% annually
Posted by UltimaParadox on 4/18/24 at 8:24 pm
[quote]He’s gonna be really pissed when I come back here and disclose the meme that breaks 7 figures for me
In due time[/quote]
How much do you have invested today?...
re: Cell phone insurance
Posted by UltimaParadox on 4/17/24 at 7:54 pm
I'm an old simple choice NA plan for many years through T-Mobile. They have tried a lot of things to get me off the plan, phones etc...
Just never made any sense to move off of it though...
re: Cell phone insurance
Posted by UltimaParadox on 4/17/24 at 5:35 pm
Never knew this was a thing until this thread.. Does not look like Chase offers it through their sapphire cards though. I would never pay for insurance on a phone, but the credit card perk is something to keep in mind...
re: DJT is the most expensive stock on the market to short - up to 900% annually
Posted by UltimaParadox on 4/16/24 at 9:31 pm
[quote]All I know is you ppl are obsessed with the dude and its hilarious im here for all of it[/quote]
This is the money board, not the Poli board. Who the president or isn't really does not make much a difference to me.
However on this board I will call out scams pump and dumps when I see t...
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