Posted on 09/06/2024 7:26:39 AM PDT by Red Badger
“Taking from the productive and responsible, and giving it to the unproductive and irresponsible, is not even “communism.” It’s just outright robbery. The Democrats have gone from tolerating robbery to honing it to a fine art — and their confederates in the media will assure us that is how the game is played.
Kamala has a 3rd graders understanding of economics — like most self-proclaimed Marxists. She shouldn’t be running a lemonade stand — let alone a country.
Unfortunately, most of the celebrities endorsing her — have no understanding at all. They don’t know what they want to do in life when they “grow up” but are certain they want to be rich and famous. They think toeing the Democratic Party line puts them first in line for all the unlimited free money.
So all the Democrat cities are going to do nothing while their cities crumble into disrepair and despair — because if they fix anything, they’ll no longer qualify for all the unlimited free money Kamala is implying she will give to them. But no promises of actually delivering anything — just the implication that that is what all the government taking is for.
Atlas Shrugged in a nutshell.................
Sixteenth Amendment
The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.
The meaning of DERIVE is to take, receive, or obtain especially from a specified source.
Yes and your garden is imputed income and should be taxed!
Pretty soon were going to owe way more in taxes than we ever made in our life.
Here’s a question about taxing unrealized gains. Since I am assuming the “gains” were pre-taxed, what if they turned out to not be gains at all, but losses? Not sure how all this works, but it sounds suspicious at best. If one’s S.S. fund is an unrealized gain, that could turn out to be a BIG loser I would think. How do you figure a gain before it becomes one?
They will tax your investments when they go up. But if they lose value, you are SOL. They aren’t going to refund taxes on unrealized losses.
there would be no boundaries on taxing
they can make numbers up and there would be nothing to stop them
a couple of my brothers have 4 billion dollar "potential" - they stopped at 4 million, but the taxes would be owed on the 4 billion unrealized gains
unrealized gains is how we will end up owning nothing and dying in the gulag
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