Vaccine

Grace T. said:
Will our hypothetical billionaire be allowed to write off the value of those Ferraris once they decline when he leaves the dealer lot?

If my bitcoin investment declines, I get to write that off too, right?

How bout my dog....every year he gets older I get to write that off too right?

If my kid gets thrown off his soccer team, do I get to write off all the lessons and club fees as "unrealized losses"?
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I thought you were a lawyer.
 
Hüsker Dü said:
My neighbor died on 1/6, she was lead to slaughter by people with a distinct agenda. She was used, many others were as well. Whipped into a frenzy then pushed to the front to do the dirty work by those with serious intentions.
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I'm sorry your neighbor died on 1/6 and I'm sorry she got caught up with a bunch of idiots. No one deserved to die. Everyone that breached the Capitol deserves to by fully prosecuted in accordance with the law. How fucked up was it to see people being beaten up with an pole holding the American flag. That's the picture I can't get out of my head.

You knew this was coming...however, if were talking about the same person, wasn't that individual an adult? They are not a victim of others, they're a victim of their own choices, of course, unless they were forced against their will.
 
Grace T. said:
No difference in viral loads between vaccinated and unvaccinated people. If that holds up, a shorter illness period is really the only community spread argument they have left for mandating vaxxes.

www.medrxiv.org

Vaccinated and unvaccinated individuals have similar viral loads in communities with a high prevalence of the SARS-CoV-2 delta variant

SARS-CoV-2 variant B.1.617.2 (delta) is associated with higher viral loads [[1][1]] and increased transmissibility relative to other variants, as well as partial escape from polyclonal and monoclonal antibodies [[2][2]]. The emergence of the delta variant has been associated with increasing case...
www.medrxiv.org www.medrxiv.org
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The CDC data from August, I believe, showed that unvaccinated were 6 times more likely to be hospitalized and 11 times more likely to die.

At this point people have chosen, and the risks are evidenced continually.
 
Desert Hound said:
In that article you have this for instance.

Let’s say you do not sell the asset this year. In this case, you still have a capital gain of $3 million, but the capital gain is “unrealized.” The tax code does not count capital gains as income until they are realized, meaning you sell the asset. But it is income in the sense that it allows you to spend $3 million, just as if you earned $3 million doing a job.

For those not paying attention or who simply do not understand...NO you cannot spend the 3 million until you realize the gain. At that point it is taxed. There is no loophole one is avoiding by not realizing a gain.

In terms of inheritance? We already have rather high rates of taxation on inheritance when the event occurs. Further if one thinks through the chain of events....income was taxed when earned, taxes had been paid on realized gains, taxes paid on purchases, etc. and then the gov comes back for another rather large bite at inheritance.

This is more misdirection to get the people who have little understanding of how things work to buy into the proposal.

Family farms are plainly not the target of his reform. The target is people like Elon Musk, whose net worth increased by $14 billion over five years, almost entirely in the form of unrealized capital gains that have not been taxed. If Musk simply holds onto his assets until he dies and passes them to his heirs, his billions of unrealized gains escape the income tax forever, thanks to the stepped-up basis rule.

Most of us work at a job, earn an income from that job, and pay income taxes on that income every year. This is not how it works for someone like Elon Musk. He generates huge amounts of capital gains, and each year he simply decides how much income he will realize. He does not realize most of this income each year, and therefore does not pay income taxes on it. Ensuring that Musk’s income is taxed at least once is the least we can do to make our tax code fair, and that is what Biden proposes.

The above implies he doesn't pay taxes or as many say NOT HIS FAIR SHARE. His money is not sitting in a bank idle. His money is actively invested in a myriad of projects, etc. Funding that helps other biz grow, hire people, creating a LARGER tax base, etc. That is actually rather productive and a net benefit to society.

You hear people say...so and so buys a fleet of Ferraris or has x amount of mansions. Why isn't he or she instead helping the poor? Again they misunderstand the nature of economics. If said person buys a fleet of Ferraris that keeps people at work. That helps that biz and their workers. It also benefits suppliers to Ferrari, etc. That also generates taxes etc. In other words what many think is wasteful spending is actually used to buy products that put others to work. That is a far more efficient use of funds vs gov taking those funds and distributing them based on political priorities.

Many/most people do not understand the above.

Taxing unrealized gains is a terrible idea that would have very bad "unintended" consequences.
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I agree generally with your sentiment. I find inheritance tax in particular to be egregious, and something the very wealthy/rich (legally) avoid. So it really just ends up impacting at the "lowest" end, i.e. those without net cash assets that can be spent on tax planning. Farms in particular should be exempt, specifically if its a working family farm being passed down in the family.

Musk has obviously created a large amount of wealth for himself, but also many others. His large net increases in personal worth are driven by his stock holding (rather than cash he's re-investing). We need more people like him, rather than penalizing people like him.

I doubt anyone is looking to tax pretend money (unrealized gains).
 
Hüsker Dü said:
My neighbor died on 1/6, she was lead to slaughter by people with a distinct agenda. She was used, many others were as well. Whipped into a frenzy then pushed to the front to do the dirty work by those with serious intentions.
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I call BS on this! You are the exact kind of slime that plays this type of drivel. You and that other coward with hurt feelings own the senseless deaths of 13 brave Americans and the leaving behind of many others. Enjoy the clown show dummy.
 
whatithink said:
The CDC data from August, I believe, showed that unvaccinated were 6 times more likely to be hospitalized and 11 times more likely to die.

At this point people have chosen, and the risks are evidenced continually.
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1. Granted.
2. The UK data shows that the vaccine might not be holding up as well given the time (still substantially better but not as good as the August rosey numbers).
3. That data really doesn't tell us a whole lot either unless you break up the data into 4 groups: vaccinated and exposed, vaccinated and not exposed, exposed and naturally immune, no novel immunity.
4. Reducing hospitalizations and death numbers however are not a community spread argument for vaccine mandates. They are an argument that people are too stupid to do what's good for them and should be forced to take the vaccine. If you feel that way, I'm surprised you'd let people vote, given they make such bad choices.
5. The other problem with 4 is if that's the rationalization for the mandates, there is no justification for vaccinating anyone under 30/20 as their hospitalization/death numbers are already very good (better than vaxxed 50/40 year olds).
6. The argument some have used to advance the mandates is that its because we need to stop community spread. But if the vaxx is not good at stopping people from falling ill, and if the viral loads in the ill vaxxed and unvaxxed are similar, that means vaccination won't get us to a point where we can eliminate community spread. It might reduce it, but it won't eliminate it.
7. The next question then is by how much does it reduce it. If the breakthrough rate is very high, and the viral loads are typically similar, the answer is not much, but we aren't there yet.
 
Hüsker Dü said:
My neighbor died on 1/6, she was lead to slaughter by people with a distinct agenda. She was used, many others were as well. Whipped into a frenzy then pushed to the front to do the dirty work by those with serious intentions.
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You are so dramatic.n Where is the personal responsbility part of this?
 
whatithink said:
The CDC data from August, I believe, showed that unvaccinated were 6 times more likely to be hospitalized and 11 times more likely to die.

At this point people have chosen, and the risks are evidenced continually.
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What was the breakdown on the unvaccinated in terms of those that had been previously infected, if any? If were talking unvaccinated, not previously infected, those numbers don't seem unreasonable. With the possible exception of one poster, I believe everyone here is pro-vaccination.

What risks in particular are you speaking about that have been evidenced and what choices have been made based upon that evidence?
 
watfly said:
What was the breakdown on the unvaccinated in terms of those that had been previously infected, if any? If were talking unvaccinated, not previously infected, those numbers don't seem unreasonable. With the possible exception of one poster, I believe everyone here is pro-vaccination.

What risks in particular are you speaking about that have been evidenced and what choices have been made based upon that evidence?
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Here's the page. There are lots of other links which may answer your specific questions as they do layout methods and sources etc.

CDC COVID Data Tracker

Not sure where your second Q is going. Vaccinated may get infected, but will be for a shorter period of time, have a lessor chance of hospitalization and a lessor chance of death - all versus unvaccinated. That's the evidence I was referring to, therefore the opposite are the risks.
 
watfly said:
Wait, what? You just blamed your neighbors death on others. I suggest you do a better job of keeping track of your posts, or at least keep your hypocrisy spread out so its not so easily noticeable.
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Note: You fell for the neighbor BS. You may want to know the difference between poster and poser before responding, fence sitting opens one up to this.
 
whatithink said:
I agree generally with your sentiment. I find inheritance tax in particular to be egregious, and something the very wealthy/rich (legally) avoid. So it really just ends up impacting at the "lowest" end, i.e. those without net cash assets that can be spent on tax planning. Farms in particular should be exempt, specifically if its a working family farm being passed down in the family.

Musk has obviously created a large amount of wealth for himself, but also many others. His large net increases in personal worth are driven by his stock holding (rather than cash he's re-investing). We need more people like him, rather than penalizing people like him.

I doubt anyone is looking to tax pretend money (unrealized gains).
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I generally agree with you on your points, but I'll point out one thing. As it stands right now if your net assets as a married couple are less than $22 million you don't really need any tax planning. So being able to afford tax planning shouldn't be a problem. Although I expect Biden to target a reduction in the estate/gift tax exemption.

But yes, I'm 100% with you that any tax on farms or any type/size of business that would require you to sell the business to pay the estate tax is morally wrong.
 
GoldenGate said:
Why do you even care? You're unemployed and have no desire to do anything besides feed at the socialist trough and talk about how your daughter won a second tier tournament when she was 12, which you call a "national championship". The only thing you apparently can't do with your unvaccinated arse is eat at two In-n-Outs in the Bay Area.
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Couldnt help yourself could you? She was 13 dummy and it ws the top tier at the time. Any team that wins Far West and the best from Texas wins top tier. What a loser you have become. A true laughing off my ass type of fool you have become.
 
MicPaPa said:
So, if everyone is not at the highest common denominator, then everyone needs to be at the lowest common denominator?

These are not fence sitting issues, take a stand.
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No. I think all kids should receive enrichment and an accelerated curriculum. Those that can’t keep up should be given additional support. Everyone is a winner and maximizes their potential. Simple.
 
MacDre said:
No. I think all kids should receive enrichment and an accelerated curriculum. Those that can’t keep up should be given additional support. Everyone is a winner and maximizes their potential. Simple.
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So you don't believe that some people are just naturally better at mathematics and that everyone is and should do algebra in the 7th grade?

Do you believe the same about soccer....everyone should be playing MLS/ENCL level ball and those that can't keep up should be given additional support?
 
Grace T. said:
So you don't believe that some people are just naturally better at mathematics and that everyone is and should do algebra in the 7th grade?

Do you believe the same about soccer....everyone should be playing MLS/ENCL level ball and those that can't keep up should be given additional support?
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...sure enough, at the most basic and logical level is where the equal outcomes and equity agenda will always crumble.
 
crush said:
Dude, you had to ask me what deck we need you on. Someday it will smack you in the face...lol.
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I'm guess I'm just slow, because I've no clue what either of you are talking about. I'm not offended by being called a fence sitter, just curious how I earned that title. I suspect we just choose different battles to fight, or at least the enthusiasm with we which we fight them.
 
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