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@bitsofdeb.bsky.social
A Jane's Art Monster Squaddie, gamer, big fan of dogs and cats, retired from making steering columns to spend my leisure puttering around the Tennessee river on a 1970s era trawler Starbug. Delighted to be a Nana.
4.2K followers8.8K following2.2K posts
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You can do the same thing, buying a house and borrowing against it—ha ha, just kidding, normal people get taxed annually on their wealth via property taxes, the "you can't tax wealth, the economy will collapse!" rule applies solely to the super-rich.
For the fabulously wealthy, paying taxes is pretty much optional. They can borrow against their vast wealth, which is mostly an untaxed capital gain, without paying taxes. When they die, the capital gain goes to zero. And loopholes exist to bypass the estate tax too.
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“Billionaires who popularized stock-based lending include Larry Ellison and Elon Musk. Both borrow to avoid having to sell shares—which could trigger a taxes and dilute their voting rights—in companies they founded.” www.wsj.com/finance/the-...
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it is odd in retrospect how easy it was for the “but trump ended his friendship with epstein” narrative to be accepted as fact
Evidence "shows that Trump lied about kicking Epstein out of his Mar-a-Lago club," according to a new report from the House Judiciary Dem staff. The report also reveals for the first time Beatrice Keul's account of allegedly having been raped by Trump. democrats-judiciary.house.gov/sites/evo-su...
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A reminder, because it is almost that time of year: More children are killed by cars on Halloween than any other day of the year, by far. www.vox.com/future-perfe... If you're a parent, I hope you'll do what you can to keep kids safe. If you're driving on Saturday, PLEASE exercise extra caution.
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does this guy have any friends who are not fraudsters i am just asking
The Paxtons’ blind trust invested $600K in a convicted fraudster’s new company. Experts say the trust wasn’t truly blind as the Paxtons reported losses from it on their taxes. Angela Paxton also sat on an affiliate’s advisory board for several years. with @texastribune.org
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Don’t forget the sovereign wealth fund - that’s what I call suffering www.nbim.no
Good. Hope the Dems are taking notes.
Flávio Bolsonaro had his passport confiscated by the Brazilian fed police as his brother Eduardo told him to flee to the US. He is tied to paramilitary gangs, is being investigated & lost his legislative immunity when he left the Senate to run for president. paydayreport.com/brazilian-fe...
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So much prescience and so much cringe from 2007. The number of times I said "Wear your fukking mask!" Or just gave a "yeesh" cringe...... youtu.be/akpDSlAIDuk?...
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