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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: sm1th who wrote (747021)	6/8/2021 9:09:36 PM
From: DMaA	Respond to of 793658

Yea I am beginning to think these guys need to be fanged. Out of self defense.

To: sm1th who wrote (747021)	6/9/2021 1:38:11 AM
From: i-node	Respond to of 793658

You mean unrecognized, but I get what you're saying. The problems are so extensive that could never happen. You get into such diverse areas as estate/gift taxes, tax basis calculations, depreciation of course capital assets, wherewithal to pay -- all fundamentals of taxation. But the big problem is if you're going to hit Elon with $10 Billion in taxes, he has to have a way to pay it so are you going to force him to sell his stock? A more likely scenario is you'd see them tax it all as ordinary income, eliminating the capital gain treatment altogether. Which brings you to this scenario I wrote about years ago on this thread: Politics for Pros- moderated Message Board - Msg: 28481280 (siliconinvestor.com) Let's just hope they tinker around the edges but leave the core issues alone!