Clinton repealing glass steagall
Quak, Quak, quuaakk
Clinton repealing glass steagall
Or one of our 12675 carefully selected partners
Bending the knee
Except in this case the tax is levied across the entire value chain. But yes, this would favor high margin business over low margin ones. But isn’t the current system doing that too? Investors throw money at high margin companies while not so much at low margin ones.
That would be true if companies did not create elaborate constructions and park money in tax havens.
I’d almost say that companies should be taxed (a different rate) not on profits but on revenue. If they make the revenue in your country, it should be taxed in your country.
Except your argument on small ownership is quick decision making has a counter arguement… shareholders… they appoint a small group for daily operations and decisionmaking. But the real power is with the shareholder meeting and a large group of possibly anonymous owners.
Exclude a mortgage for your primary residence, capped at the median house price or something… And only exclude it IF it is paid back in full over a max period.
This is the case in the Netherlands… paid back in full after max 30 years… No cap in how much. This was because the interest on the mortgage are tax deductible. So some bankers figured… we keep the loan maxed, and put your paybacks in a special fund… and at the end of the 30 years the fund pays back the mortgage. That way we get max interests and you get max tax break. In the end the banks made a lot of public funds private this way.
Assets are taxed all the time (real estate tax, car tax… ). So taxing the value of a share portfolio at the 31st of December each year is perfectly doable. And if it has depreciated since last year, you get a tax deduction… which is capped by the income tax to maximally reach 0… No carrying over till next year… or maybe 1 year… whatever, that’s implementation details.
How much do you tax these assets is the point that needs consideration… it’s not fully income… But a percentage is only fair. And if this means people need to realize gains to pay for it… that’s fine… Why would it not be?
And borrowing against an asset portfolio should mean that it counts as realizing gains of the asset portfolio and the amount is seen as income and thus taxed. (You loan 10 million against your shares, that’s income) And to avoid fallout for the normal people you can build in a threshold and exclusions for example for the first million in your lifetime… or for the mortgage on your primary residence with a cap at the median house price or … something. So for these people borrowing against assets means they can keep the assets… but pay interest on the loan. Alternatively they can actually realize the gains and pay cash.
It’s not hard at all, it’s a matter of political will, and writing proper laws that state your objective and exceptions.
It should be E and the DOJ should have made sure that this was handled in a court of law in the first 100 days. Or maybe even a specialised tribunal for insurrection.
How did they handle the insurrectionists post civil war?
It also helps if you have a very specific and narrow cause … muh guns rights … and anti or pro specific legislation. This creates broad consensus… that follows the NRA draft talking points they usually bring out.
If the French justice system fails as abysmally as the US justice system at providing ANY form of real consequences than the whole thing is a nothing burger like all the charges against trump.
This comes down to the age old adagem, “talk is cheap”.
Can’t wait for him to try and bully some of the big suppliers. What … you want how much money for a prototype… That will work wonders for the quality.
Maybe defense corporations will start selling devices with paywalled options or subscription.
Half of them right wing bots getting ready to do the same thing again.
But didn’t you hear? With the tariffs, trump is going to be raking in so much money, they are going to be paying down the debt! And you got to have it…
Yep… sry
What extra funding? The US just completed Afghanistan mission that cost billions. Now they only need to deploy to the southern border… it will be cheaper. Plus if it really needs extra funds… if there is anything the US always had funding for is the military. So yes as a non Americans I see them turning the border into a Korean style border. Possibly declaring a zone around the border as a special territory to make an end run around posse comitatus.
The border between the US and Mexico will be transformed into a military zone. It will be interesting to see how they handle all the private land at the border. Imminent Eminent domain probably. Then they deploy the military and spend ungodly amounts of money there instead of in Afghanistan.
Yes, and the fact that Biden stepped down and endorsed Harris, nuking a democratic primary should be seen in a completely different light then.
Biden is going to do nothing. If anything he has been dragging this conflict out.
Trump will sell out Ukraine on day 1… Or (cope) maybe now he’s in a place where he can get out from under Putin… if this is really just sex tapes and some shady business dealings… who cares right.