Posted on 01/12/2021 9:43:15 PM PST by CurlyDave
Is it more evil to hold existing shares of Apple/Google/Facebook/Twitter or to sell them and pay capital gains tax to the Biden Administration?
Your choice. Read Romans 15. If you think it’s wrong then it’s wrong.
At the rate Twitter is plummeting, if you wait a few more days, there might not be any capital gains to be taxed, on that one at least.
doesn’t matter who the money/taxes go to- the fact is much of it goes to terrorist nations, nations that hate us, nations that hate Israel, and to idiotic causes like gender studies in pakistan, pbs in the US, gender studies in US- on and on and on it goes- doesn’t matter who is in office at the time- some how, some way- your money ends up going to crap you never would approve of yourself-
Money has no morals.
You made yours by holding stock in companies that exploit human weakness.
Live with it and be satisfied, or give it away.
I would sell them, the taxes that Bi and the Ho get will be gone in an instant.
thats not the real question to ask
which action hurts them more? thats the question
pull your money out and keep it out of the economy, save it for emergencies. you will probably need emergency funds in the upcoming years
Sell them. And then don’t worry.
The country is lawless.
In my opinion, it’s more evil to leave the money invested in those hateful companies. Each of us should oppose those companies in any way that we can and discourage their immoral, anti-American behavior.
If you hold them much longer you might avoid any capital gains so you won’t have to pay capital gains taxes.
If you hold shares of Google, Facebook etc, for financial reasons, USE SOME OF THOSE PROFITS (if you can afford to), by donating them to legitimate and effective conservative groups and causes.
I prefer Tom Fitton’s Judicial Watch because they really have done things and kicked the Left in the balls in many lawsuits over the past decades.
Maybe subscribing to Parler, etc. would also be a good way to use the enemies’ money against them.
Otherwise, give to the Salvation Army, CARE, FISHER HOUSE, DAV, etc. They are pro-American.
Let me answer that question by posing another question:
Is it more evil to lend shares to offshore short sellers in order to receive interest on the cash collateral posted to your account for the loan based on market rates, or to accept ultra vires dividends?
Regards,
You’re just bragging that you’re in a position to piss on those treacherous corps... lol
I recall a 6-month window to reinvest.
But the OP wants to dump now.
I don’t do stocks. I have a small bus. P&L is tied to the fiscal year. But cap gains has a smaller window to reposition the equity/liquidation, right? 6 months maybe?
Sell them now.
Bigger question - which would be more stupid - to get out now or to hang on...capital gains taxes ain’t gonna go down under Biden so I would opt to take advantage of the current “Trump Rates”
Bigger question - which would be more stupid - to get out now or to hang on...capital gains taxes ain’t gonna go down under Biden so I would opt to take advantage of the current “Trump Rates”
You are correct.
Sell your cloak and purchase a sword.
In a few weeks, there won’t be any gain on which to pay taxes.
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