Expriement
Tax income (including unrealized gains) above $300k/year with 70% and lets see where the private jets go.
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KT_Elwood
Germany816 Posts
November 12 2024 13:28 GMT
#91761
Expriement Tax income (including unrealized gains) above $300k/year with 70% and lets see where the private jets go. | ||
Simberto
Germany11400 Posts
November 12 2024 13:41 GMT
#91762
On November 12 2024 16:37 zeo wrote: One week on from the election and California is at 76% votes counted Yeah, that is pretty indefensible. | ||
GreenHorizons
United States22955 Posts
November 12 2024 13:42 GMT
#91763
But it's clear California Democrats are on board between their approval of slavery, criminalization of homelessness, and complicity in genocide. | ||
PoulsenB
Poland7710 Posts
November 12 2024 13:45 GMT
#91764
On November 12 2024 22:42 GreenHorizons wrote: Unclear whether Trump's concentration camps for homeless people will be separate from his concentration camps for immigrants https://twitter.com/ChadNotChud/status/1856035739537961251 But it's clear California Democrats are on board between their approval of slavery, criminalization of homelessness, and complicity in genocide. I've seen you mention this a bunch of times, how is California pro-slavery/allowing slavery? | ||
GreenHorizons
United States22955 Posts
November 12 2024 13:59 GMT
#91765
On November 12 2024 22:45 PoulsenB wrote: Show nested quote + On November 12 2024 22:42 GreenHorizons wrote: Unclear whether Trump's concentration camps for homeless people will be separate from his concentration camps for immigrants https://twitter.com/ChadNotChud/status/1856035739537961251 But it's clear California Democrats are on board between their approval of slavery, criminalization of homelessness, and complicity in genocide. I've seen you mention this a bunch of times, how is California pro-slavery/allowing slavery? It's the 13th amendment , slavery/forced labor on threat of torture as a punishment for crime. They had a proposition to ban that in their "blue" state and chose not to. | ||
KobraKay
Portugal4219 Posts
November 12 2024 14:05 GMT
#91766
On November 12 2024 21:04 Acrofales wrote: Show nested quote + On November 12 2024 18:39 KobraKay wrote: On November 12 2024 12:04 KwarK wrote: On November 12 2024 11:53 Razyda wrote: On November 12 2024 11:02 KwarK wrote: On November 12 2024 03:37 Razyda wrote: On November 12 2024 01:59 KwarK wrote: On November 11 2024 20:18 Slydie wrote: On November 11 2024 20:07 KT_Elwood wrote: Bernie shoudl have this printed out to hold into the cameras: ![]() Gigantic taxes on the fewer people in the wealth-aristorcracy would be fair, because they now earn and own what was earned and owned by millions in the middle class before on lower taxes. Right, but there is a catch: the mega rich are not obliged to live in the US, and if the taxes are too high, there are plenty of countries which would welcome them with open arms. States also compete amongst themselves. In Switzerland, there are now own villages full of rich Norwegians fleeing Norwegian taxes, especially the one on owning shares and property. I would also like to see how much money there really is to get from taxing the rich only. If there was an easy solution to this, someone would have come up with it. Americans have to pay taxes to the US no matter where they live. Including Americans by birth who have never been to America. O I didnt know that. Do Americans have the option to change tax residency, or do they have to change nationality for that (if that even works)? You have to change nationality but they charge you an up front tax on unrecognized taxable income to do that to avoid people dodging taxes. That is fascinating. For example UK/Poland situation you get tax residency in the place you live/work and pay taxes there, with some caveats (eg. if you have income in Poland then you have to pay tax in Poland based on total earnings - tax you paid in UK, which due to currency difference means usually that you hitting higher threshold) How does that work if US citizen dont change nationality, but work for few years in some country with really low wages, do you have to then pay tax in both countries? If you’re resident and working in another country you still have to file an annual US tax return but there’s a decent sized exclusion (enough for a manager’s income, not enough for someone earning millions) and you can also count taxes paid in that country against the US liability. So let’s say taxable income (post exclusion) is $100k. That country has a 20% tax, US has 25%. US will expect you to pay $25k in income tax total but will recognize you already paid someone $20k and will only ask for $5k more. If you’re somewhere with really low wages you’d be under the exclusion. The US wields a bigger stick than most and so they have the power to implement a truly global tax policy. The problem is enforcement because the staffing of the IRS has been politicized. That shifts the liability to those least able to cheat the system, the working class. Except for the exemption cap, everything else is a standard foreign tax credit method. Portuguese taxpayers are taxed on their worldwide income but as an almost standard functionality of tax systems, they get foreign tax credit. Portuguese taxpayers don't get taxed on their income at all by Portugal if they cease to be a tax resident in Portugal. As a Dutch citizen having lived and worked in both Brazil and Spain, I can tell you for certain that I did not have to declare taxes in the Netherlands. I did have to declare taxes in Brazil and now Spain. I have to declare taxes over my Spanish income as well as my Dutch one, and that is sometimes good, sometimes bad. In general taxes in Spain are lower than in the Netherlands, but sometimes I miss out on perks. My parents wanted to give me some money because gifts up to a certain amount are tax exempt in the Netherlands. I had to tell them that was pointless, because the Spanish tax law does not have that provision, and I would be taxed more for a gift like this than if they keep it, invest it and I inherit it years down the line. My American friends, both here in Spain and in Brazil, on the other hand, need to declare taxes twice, once in their country of residence and once in the USA. In Brazil, this often resulted in them paying double. More absurd still, my German friend had to declare taxes in the USA, because he had been the recipient of a green card, and wanted to remain eligibile for its possible renewal in the future, despite not residing in the US (and obviously his green card having expired years before). That is why i said taxpayers. It was not a loose use of the word. I was just replying to that particular example that was describing perfectly what a standard foreign tax credit does and also giving some insight that different regimes have different basis for tax. Worldwide income and not territorial income is just the way here. But if you cut ties completely to the point that you are no longer a taxpayer here, then you are not relevant to my point as you are no longer a taxpayer. Im not overly familiar with the dutch PIT rules but corporate wise (at least up until i shifted careers away from tax) they have a super favourable regime even after those famous structures were subject to forced disclosures. There is a reason a lot of holding companies are still there but other jurisdictions such as Malta or Cyprus completely disappeared from the map. But i digress :D The US might be very strict in how they do not allow for ties to be cut by americans, but at the end of the day they still have the FTC as kwark was describing, which makes them a little bit pushy but not as alien as one might think. Different to the EU is that we have a bilateral agreements for social security and PIT that help ease that around europe. Again i was doing corporate not personal tax but this is what i remember broadly speaking. | ||
Magic Powers
Austria3709 Posts
November 12 2024 15:00 GMT
#91767
The responses AOC got are two minutes into the video. | ||
Razyda
559 Posts
November 12 2024 15:53 GMT
#91768
On November 13 2024 00:00 Magic Powers wrote: I'd like to highlight something to show a fascinating side of democracy people here might not be aware of. There are Americans who voted for Trump and AOC. Yes, you read that correctly. The responses AOC got are two minutes into the video. https://www.youtube.com/watch?v=dW-dgYBYSHY Thanks for the link. I think that this highlights what I've been saying for a while, namely that Trump and Bernie voters are the same bunch of disenfranchised people, who just want a change, hoping that it will help them. Not a group of rabid Nazis/racists/whatever. | ||
Magic Powers
Austria3709 Posts
November 12 2024 15:59 GMT
#91769
On November 13 2024 00:53 Razyda wrote: Show nested quote + On November 13 2024 00:00 Magic Powers wrote: I'd like to highlight something to show a fascinating side of democracy people here might not be aware of. There are Americans who voted for Trump and AOC. Yes, you read that correctly. The responses AOC got are two minutes into the video. https://www.youtube.com/watch?v=dW-dgYBYSHY Thanks for the link. I think that this highlights what I've been saying for a while, namely that Trump and Bernie voters are the same bunch of disenfranchised people, who just want a change, hoping that it will help them. Not a group of rabid Nazis/racists/whatever. That's not my takeaway. What it actually means is that people don't know who or what they're even voting for. They just see a name and a face and vote for whatever feels right, while they don't spend more than a minute actually doing research. That's my interpretation. | ||
oBlade
United States5404 Posts
November 12 2024 16:03 GMT
#91770
On November 13 2024 00:59 Magic Powers wrote: Show nested quote + On November 13 2024 00:53 Razyda wrote: On November 13 2024 00:00 Magic Powers wrote: I'd like to highlight something to show a fascinating side of democracy people here might not be aware of. There are Americans who voted for Trump and AOC. Yes, you read that correctly. The responses AOC got are two minutes into the video. https://www.youtube.com/watch?v=dW-dgYBYSHY Thanks for the link. I think that this highlights what I've been saying for a while, namely that Trump and Bernie voters are the same bunch of disenfranchised people, who just want a change, hoping that it will help them. Not a group of rabid Nazis/racists/whatever. That's not my takeaway. What it actually means is that people don't know who or what they're even voting for. They just see a name and a face and vote for whatever feels right, while they don't spend more than a minute actually doing research. That's my interpretation. They see the name "Alexandria Ocasio-Cortez" and being the racist sexists that you declared just an hour ago assume that must synch with their vibes. Could not be more evidence you're wrong. If you lived through 2016 you should know the greatest crossover was supporters of both Bernie and Blumpf. | ||
Razyda
559 Posts
November 12 2024 16:06 GMT
#91771
On November 13 2024 00:59 Magic Powers wrote: Show nested quote + On November 13 2024 00:53 Razyda wrote: On November 13 2024 00:00 Magic Powers wrote: I'd like to highlight something to show a fascinating side of democracy people here might not be aware of. There are Americans who voted for Trump and AOC. Yes, you read that correctly. The responses AOC got are two minutes into the video. https://www.youtube.com/watch?v=dW-dgYBYSHY Thanks for the link. I think that this highlights what I've been saying for a while, namely that Trump and Bernie voters are the same bunch of disenfranchised people, who just want a change, hoping that it will help them. Not a group of rabid Nazis/racists/whatever. That's not my takeaway. What it actually means is that people don't know who or what they're even voting for. They just see a name and a face and vote for whatever feels right, while they don't spend more than a minute actually doing research. That's my interpretation. You do realise that this 2 aren't mutually exclusive? | ||
Magic Powers
Austria3709 Posts
November 12 2024 16:42 GMT
#91772
On November 13 2024 01:06 Razyda wrote: Show nested quote + On November 13 2024 00:59 Magic Powers wrote: On November 13 2024 00:53 Razyda wrote: On November 13 2024 00:00 Magic Powers wrote: I'd like to highlight something to show a fascinating side of democracy people here might not be aware of. There are Americans who voted for Trump and AOC. Yes, you read that correctly. The responses AOC got are two minutes into the video. https://www.youtube.com/watch?v=dW-dgYBYSHY Thanks for the link. I think that this highlights what I've been saying for a while, namely that Trump and Bernie voters are the same bunch of disenfranchised people, who just want a change, hoping that it will help them. Not a group of rabid Nazis/racists/whatever. That's not my takeaway. What it actually means is that people don't know who or what they're even voting for. They just see a name and a face and vote for whatever feels right, while they don't spend more than a minute actually doing research. That's my interpretation. You do realise that this 2 aren't mutually exclusive? "Just wanting change" is not what they want. Voting for both Trump and AOC doesn't accomplish "just change". It doesn't accomplish anything logical whatsoever. | ||
Magic Powers
Austria3709 Posts
November 12 2024 16:43 GMT
#91773
On November 13 2024 01:03 oBlade wrote: Show nested quote + On November 13 2024 00:59 Magic Powers wrote: On November 13 2024 00:53 Razyda wrote: On November 13 2024 00:00 Magic Powers wrote: I'd like to highlight something to show a fascinating side of democracy people here might not be aware of. There are Americans who voted for Trump and AOC. Yes, you read that correctly. The responses AOC got are two minutes into the video. https://www.youtube.com/watch?v=dW-dgYBYSHY Thanks for the link. I think that this highlights what I've been saying for a while, namely that Trump and Bernie voters are the same bunch of disenfranchised people, who just want a change, hoping that it will help them. Not a group of rabid Nazis/racists/whatever. That's not my takeaway. What it actually means is that people don't know who or what they're even voting for. They just see a name and a face and vote for whatever feels right, while they don't spend more than a minute actually doing research. That's my interpretation. They see the name "Alexandria Ocasio-Cortez" and being the racist sexists that you declared just an hour ago assume that must synch with their vibes. Could not be more evidence you're wrong. If you lived through 2016 you should know the greatest crossover was supporters of both Bernie and Blumpf. An ignorant racist is also a racist. | ||
oBlade
United States5404 Posts
November 12 2024 16:48 GMT
#91774
On November 13 2024 01:43 Magic Powers wrote: Show nested quote + On November 13 2024 01:03 oBlade wrote: On November 13 2024 00:59 Magic Powers wrote: On November 13 2024 00:53 Razyda wrote: On November 13 2024 00:00 Magic Powers wrote: I'd like to highlight something to show a fascinating side of democracy people here might not be aware of. There are Americans who voted for Trump and AOC. Yes, you read that correctly. The responses AOC got are two minutes into the video. https://www.youtube.com/watch?v=dW-dgYBYSHY Thanks for the link. I think that this highlights what I've been saying for a while, namely that Trump and Bernie voters are the same bunch of disenfranchised people, who just want a change, hoping that it will help them. Not a group of rabid Nazis/racists/whatever. That's not my takeaway. What it actually means is that people don't know who or what they're even voting for. They just see a name and a face and vote for whatever feels right, while they don't spend more than a minute actually doing research. That's my interpretation. They see the name "Alexandria Ocasio-Cortez" and being the racist sexists that you declared just an hour ago assume that must synch with their vibes. Could not be more evidence you're wrong. If you lived through 2016 you should know the greatest crossover was supporters of both Bernie and Blumpf. An ignorant racist is also a racist. People aren't ignorant just because they support AOC either, you keep painting with an absurdly wide brush. It may be personally fulfilling but it's not helping you see basic macropolitical trends. | ||
Magic Powers
Austria3709 Posts
November 12 2024 17:01 GMT
#91775
On November 13 2024 01:48 oBlade wrote: Show nested quote + On November 13 2024 01:43 Magic Powers wrote: On November 13 2024 01:03 oBlade wrote: On November 13 2024 00:59 Magic Powers wrote: On November 13 2024 00:53 Razyda wrote: On November 13 2024 00:00 Magic Powers wrote: I'd like to highlight something to show a fascinating side of democracy people here might not be aware of. There are Americans who voted for Trump and AOC. Yes, you read that correctly. The responses AOC got are two minutes into the video. https://www.youtube.com/watch?v=dW-dgYBYSHY Thanks for the link. I think that this highlights what I've been saying for a while, namely that Trump and Bernie voters are the same bunch of disenfranchised people, who just want a change, hoping that it will help them. Not a group of rabid Nazis/racists/whatever. That's not my takeaway. What it actually means is that people don't know who or what they're even voting for. They just see a name and a face and vote for whatever feels right, while they don't spend more than a minute actually doing research. That's my interpretation. They see the name "Alexandria Ocasio-Cortez" and being the racist sexists that you declared just an hour ago assume that must synch with their vibes. Could not be more evidence you're wrong. If you lived through 2016 you should know the greatest crossover was supporters of both Bernie and Blumpf. An ignorant racist is also a racist. People aren't ignorant just because they support AOC either, you keep painting with an absurdly wide brush. It may be personally fulfilling but it's not helping you see basic macropolitical trends. Watch the video. The responses are unhinged if they actually know anything about their favorites. | ||
Gorsameth
Netherlands21497 Posts
November 12 2024 17:06 GMT
#91776
On November 13 2024 01:42 Magic Powers wrote: It does if they are voting on feelings and not on what candidates actually stand for or their record.Show nested quote + On November 13 2024 01:06 Razyda wrote: On November 13 2024 00:59 Magic Powers wrote: On November 13 2024 00:53 Razyda wrote: On November 13 2024 00:00 Magic Powers wrote: I'd like to highlight something to show a fascinating side of democracy people here might not be aware of. There are Americans who voted for Trump and AOC. Yes, you read that correctly. The responses AOC got are two minutes into the video. https://www.youtube.com/watch?v=dW-dgYBYSHY Thanks for the link. I think that this highlights what I've been saying for a while, namely that Trump and Bernie voters are the same bunch of disenfranchised people, who just want a change, hoping that it will help them. Not a group of rabid Nazis/racists/whatever. That's not my takeaway. What it actually means is that people don't know who or what they're even voting for. They just see a name and a face and vote for whatever feels right, while they don't spend more than a minute actually doing research. That's my interpretation. You do realise that this 2 aren't mutually exclusive? "Just wanting change" is not what they want. Voting for both Trump and AOC doesn't accomplish "just change". It doesn't accomplish anything logical whatsoever. You can't tell me voters are making informed decisions when you get answers like "both of you care for the working class" because Trump has never given a shit about the working class in his life. Or "Voted for you and Trump, not genocide Harris" as if Trump didn't openly say that he would let Netanyahu do what he wants to Gaza. As they say the biggest argument against democracy is a 5 minute talk with the average voter. | ||
oBlade
United States5404 Posts
November 12 2024 17:14 GMT
#91777
On November 13 2024 02:01 Magic Powers wrote: Show nested quote + On November 13 2024 01:48 oBlade wrote: On November 13 2024 01:43 Magic Powers wrote: On November 13 2024 01:03 oBlade wrote: On November 13 2024 00:59 Magic Powers wrote: On November 13 2024 00:53 Razyda wrote: On November 13 2024 00:00 Magic Powers wrote: I'd like to highlight something to show a fascinating side of democracy people here might not be aware of. There are Americans who voted for Trump and AOC. Yes, you read that correctly. The responses AOC got are two minutes into the video. https://www.youtube.com/watch?v=dW-dgYBYSHY Thanks for the link. I think that this highlights what I've been saying for a while, namely that Trump and Bernie voters are the same bunch of disenfranchised people, who just want a change, hoping that it will help them. Not a group of rabid Nazis/racists/whatever. That's not my takeaway. What it actually means is that people don't know who or what they're even voting for. They just see a name and a face and vote for whatever feels right, while they don't spend more than a minute actually doing research. That's my interpretation. They see the name "Alexandria Ocasio-Cortez" and being the racist sexists that you declared just an hour ago assume that must synch with their vibes. Could not be more evidence you're wrong. If you lived through 2016 you should know the greatest crossover was supporters of both Bernie and Blumpf. An ignorant racist is also a racist. People aren't ignorant just because they support AOC either, you keep painting with an absurdly wide brush. It may be personally fulfilling but it's not helping you see basic macropolitical trends. Watch the video. The responses are unhinged if they actually know anything about their favorites. lol "watch the video" - I don't need a 12 minute talking head telling me how to interpret throwaway instagram content. I saw this story before you posted it because it's a simple photo and takes about half a minute to look at and go "sure that could be interesting I guess." At least 50% of social media is bullshit, the same amount as the reasons why most people vote the way they do. The US is no stranger to split ticket voting. We just had jurisdictions split 5 and 10 and 20 points depending on the candidates. There's no unhinged there. You couldn't be more hinged. | ||
Byo
Canada202 Posts
November 12 2024 17:50 GMT
#91778
Bad timing I guess (not exactly funny) | ||
WombaT
Northern Ireland24321 Posts
November 12 2024 18:20 GMT
#91779
Genuinely infuriating. I know people very much dislike GH’s position on this, but it’s not coming from a place of ‘I didn’t bother checking a candidate’s position on a topic I purport to be my electoral motivator’ Other more nebulous, or complicated stuff I’ve a bit more understanding. The more complicated, or ‘vibes’ it goes, the more and more policy and analysis you have to read to get some kinda real grasp on it. The average person isn’t going to do a deep dive comparison on Trump and Biden’s economic policies, the estimated impact of said policies versus worldwide economic shocks and America’s performance relative to roughly equivalent nations, or its own realistic projections. Even if someone would be willing to try, they’re highly likely to not have the understanding to actually do it. I know I wouldn’t So you need good intermediary messaging. Otherwise ‘Hey I remember things were a bit better under Trump’ is gonna punch pretty hard. I think there’s a bit of misunderstanding/misuse of ‘anti-establishment’. For me it crops up a lot, in actual usage it seems basically solely targeted towards the core, influential grandees of political parties, and especially the Democratic Party. Perhaps some cultural institutions like big, historic media outlets. It doesn’t seem to stretch beyond that for many, or invoking it as a driving value doesn’t make much sense. | ||
Impervious
Canada4198 Posts
November 12 2024 20:58 GMT
#91780
On November 13 2024 03:20 WombaT wrote: The one that blows my mind is Gaza. It’s a single issue, and you’ve got two realistic candidates. You care enough about the issue to vote for Trump, but not enough to check his positions and history? Genuinely infuriating. I know people very much dislike GH’s position on this, but it’s not coming from a place of ‘I didn’t bother checking a candidate’s position on a topic I purport to be my electoral motivator’ Other more nebulous, or complicated stuff I’ve a bit more understanding. The more complicated, or ‘vibes’ it goes, the more and more policy and analysis you have to read to get some kinda real grasp on it. The average person isn’t going to do a deep dive comparison on Trump and Biden’s economic policies, the estimated impact of said policies versus worldwide economic shocks and America’s performance relative to roughly equivalent nations, or its own realistic projections. Even if someone would be willing to try, they’re highly likely to not have the understanding to actually do it. I know I wouldn’t So you need good intermediary messaging. Otherwise ‘Hey I remember things were a bit better under Trump’ is gonna punch pretty hard. I think there’s a bit of misunderstanding/misuse of ‘anti-establishment’. For me it crops up a lot, in actual usage it seems basically solely targeted towards the core, influential grandees of political parties, and especially the Democratic Party. Perhaps some cultural institutions like big, historic media outlets. It doesn’t seem to stretch beyond that for many, or invoking it as a driving value doesn’t make much sense. You can also look at this going back even further. Most people were generally better off under Obama compared to Trump. Then most people were generally better off under Bush compared to Obama. Then most people were generally better under Clinton compared to Bush. Etc. It goes all the way back to the 70's. Social mobility and the ability to achieve the American Dream, which was achievable by the previous generations, has declined pretty steadily since then. While a lot of things have improved, especially technologically since then, the average person has to work more and harder to achieve the same level of relative wealth, even though the average person right now is something like 4x as productive in each hour of work as they were in the 70's. Meanwhile the USA has had unprecedented growth in total wealth in that same period of time. Logically, we have over 50 years of data showing that trickle down economics, which was one of the biggest changes from that time that can be attributed to this decline, isn't really helping the majority of people. Neither party seems to be competent enough to do anything about this, so I fully expect that in 4 years, the majority of people are going to look back and think that we were better under Biden compared to this 2nd Trump presidency. But the stock market is likely going to be at record highs yet again..... | ||
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