Tax deductible, think about that.
The stupid billionaires need to realize federal wealth taxation is possible.
The federal government can get around the constitutional capitation proportionality limitation by setting higher wealth tax rates for poorer states and then allowing a full income tax credit for the higher wealth tax rate amounts.
Mississippi rich folks would pay a higher wealth tax rate on April 14th and have the excess (and maybe a bit more) credited to their April 15th income tax amount.
The first rule of Secret Billionaire Donor Group is you DON’T talk about Secret Billionaire Donor Group.
Sheesh.
Democrats are going to try to buy the White House. You ain’t seen nothin’ yet.
[[is aiming to spend as much as $140 million to boost Democrats in the 2020 election ...]]
Yeah because there’s so many republicans sitting around and thinking “Ya know what? Sure, the country is doing awesome, but what we really need is a democrat to crap everything up for us- i just wish there were enough ads to by liberals to change my mind about suppuration the greatest president ever”
It’s also possible to have an annual state-level sales privilege stock tax based on sales prorated like corporate income taxation.
If a large corporation with 100 million shares at $500/share gets 5% of its 2021 sales from California, a 2% sales privilege stock tax would mean the corporation would have to give the State of California 100,000 shares of stock, probably newly issued, by say March 1st 2022.
A “tax credit” of say $100,000 worth of stock might be allowed so most corporations wouldn’t have to pay the tax. The example corporation would have to cough up 99,800 shares (of a value of $49.9 million) after its tax credit to the State of California.
On the one hand it is alarming. On the other, when you consider how outspent Trump was in the last election, meh.
I don’t think money matters when you are leading a movement and Trump is leading a movement. The forgotten person v. the elitist/new-aristocracy is a very powerful movement.
One would think after the last election that had gotten stale. It hasn’t. Russiagate and the ongoing coup backed by the propaganda media has only strengthened Trump’s movement and proven they indeed the system is rigged.
Washington, DC: The best government their money can buy.
If 20% of FReepers who have never donated, would give, then it’s no big deal.
A seldom talked about issue in Silicon Valley is all the high tech scams.
Starfish Software
.com fake companies
The latest blood testing company
The Solar Panel company
Its more common than most think
Irony: big money Rat group works to get candidates - who will ruin the nation’s economy - into the WH.
Where’s the “media” to smoke these totalitarians out?