Update: Vice President Kamala Harris is now the Democratic presidential nominee
- Thread starter DC_Dude
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Do you think $10 million is a lot of money to push nonsense? If those were paid in scraps, what do you think they paid black fools? Surely you don't believe they were treated equally.
This is the only viable business model. Long live Substack!
Funny how since the NBA is a global league playing a global sport, they don't have to worry about pissing off American fans in Asscrack, USA. The NFL, still being mostly an American sport, still cowtows to knuckledragging fans.
They want to maintain their monopoly.
If in another, 15 years or so, the NFL reaches the global fandom that the NBA has, then players can start being more vocal.
We need an ass breakwas that like a ASS break on the thread???
Let me ask you a question: how vocal are you going to be when your replacement is standing right there? You're gonna end up sounding like those coal miners.
If the union isn't corrupt they better do the right thing.
And when you do the math the taxes are paid by black folks. So you have highly taxed black folks paying the subjugation of black folks.
100% Agree lol
They're still denying it as recently of last night
Get em all.
The resident MAGA bros lack critical thinking skills, so they will always be the perfect donkeys for foreign psyops with racist caricatures, cosplaying as activists in digital Black face.
And most of that money is gone
Malcolm X DISAGREED with yo' clown ass.
I'd rather listen to HIS opinion of Marcus Garvey................. than YOUR dumbass opinion.
You think Malcolm X & Martin Luther King were influenced by.... a CHARLATAN?
You think your opinion is MORE VALID than Malcolm X's opinion of Marcus Garvey??
Stay in your lane.
Who were the Black people that "Jim Crow Laws" DID NOT apply to?
You still didn't answer that shit.
Since you want to quote Malcolm, let's talk about this video as well!!
Allan Lichtman makes his prediction. Vice-President Harris will win the 2024 election.
Historian who accurately predicted 9 of last 10 presidential elections makes his 2024 pick
Historian who accurately predicted 9 of last 10 presidential elections makes his 2024 pick
I respect Josh alot, but this is interesting...
www.downtownjoshbrown.com
Josh Brown
September 05, 2024
https://www.facebook.com/sharer/sha...townjoshbrown.com/p/kamalas-kapital-gains-tax
https://twitter.com/intent/tweet?te....com/p/kamalas-kapital-gains-tax&via=downtown
https://www.linkedin.com/sharing/sh...townjoshbrown.com/p/kamalas-kapital-gains-tax
We keep hearing about how “college educated males” in purplish states like Georgia or Pennsylvania either swung to Biden in ‘20 or abstained from voting altogether (which probably meant a downside surprise for the Trump campaign). Will they show up for Kamala Harris this time? This is a big question in some fairly important districts.
I know these people. They don’t like disrespect for the police. They don’t like out of control illegal immigration. And they really don’t like to see success and hard work be “punished” either via rhetoric on the campaign trail or through tax policy. Their Numbers One and Two priorities are the physical safety of their families and the ability to make as much money as possible throughout the course of their lives. Nothing else even comes close. Not reproductive rights, not Ukraine, not Israel, not Jan 6, not Obamacare, not Hunter’s laptop, not Stormy Daniels, not trans athletes in the Olympics, not the environment.
You can say what you will in response to these priorities, I’m just telling you where this demo’s collective head is at. Go ahead, get mad, let it out…
Anyway.
That’s why you’re seeing the Harris campaign break from Biden’s economic platform on this singular issue of capital gains. I think it’s still going to hurt her chances more than it’s going to solve anything, but fine, it’s a gesture.
CNBC has the details of Kamala’s “softened” tax policy for high income earners:
Vice President Kamala Harris on Wednesday proposed a 28% tax on long-term capital gains for households with an annual income of $1 million or more, lower than the 39.6% rate President Joe Biden laid out in his 2025 fiscal year budget.
“We will tax capital gains at a rate that rewards investment in America’s innovators, founders and small businesses,” the Democratic presidential nominee said at a rally in North Hampton, New Hampshire. The Wall Street Journal was first to report Harris’ capital gains tax plan.
Long-term capital gains, or assets held for more than one year, are currently taxed at a maximum rate of 20%.
Harris’ announcement marks a rare divergence from Biden’s economic platform.
The newly minted Democratic presidential nominee has so far largely kept her economic proposals in line with those of her current boss.
Obviously, most college educated males are not earning $1 million a year today, but this misses the point. Many college educated men believe that this is possible for them to do. Most believe it’s only a matter of time. If they just meet the right connections or get the perfect opportunity. This is what drives America and makes our economy great - none of us has a ceiling. None of us has a cap. A smaller, less sturdy social safety net than in Europe, yes. But no limitations on our upside either. As such, we’re an aspirational society with endless possibilities out there on the horizon for anyone willing to take a risk.
And everyone daydreams about the business they might someday start or the value of the stock options they’ve been partially compensated with. The daydreamers do not like the idea of seeing these imaginary earnings being taxed at a higher rate despite the fact that they haven’t been earned yet.
This might sound crazy to you and, if it does, you’re probably not the kind of person I’m speaking about. I think the people who understand this far outnumber those who don’t.
Raising the cap gains rate from 20% to 28% isn’t going to change the world but it’s certainly not going to make any friends. Even if it’s much better than the original Biden approach.
Trump’s going to make hay of this when he speaks to the Economic Club of New York later today and during the debate next week. You can count on it.
Kamala's Kapital Gains Tax
Plus: Real estate fin-fluencers and we have the top new business book in America
www.downtownjoshbrown.com
Kamala's Kapital Gains Tax
Plus: Real estate fin-fluencers and we have the top new business book in America
Josh Brown
September 05, 2024
https://www.facebook.com/sharer/sha...townjoshbrown.com/p/kamalas-kapital-gains-tax
https://twitter.com/intent/tweet?te....com/p/kamalas-kapital-gains-tax&via=downtown
https://www.linkedin.com/sharing/sh...townjoshbrown.com/p/kamalas-kapital-gains-tax
Kamala’s capital gains tax
It’s not going to do anything to help anyone. It’s only going to further alienate business owners and affluent swing voters who detest Trump personally and are possibly in play for the Democrats. This only makes it so they’re not in play as much. But she’s trying.We keep hearing about how “college educated males” in purplish states like Georgia or Pennsylvania either swung to Biden in ‘20 or abstained from voting altogether (which probably meant a downside surprise for the Trump campaign). Will they show up for Kamala Harris this time? This is a big question in some fairly important districts.
I know these people. They don’t like disrespect for the police. They don’t like out of control illegal immigration. And they really don’t like to see success and hard work be “punished” either via rhetoric on the campaign trail or through tax policy. Their Numbers One and Two priorities are the physical safety of their families and the ability to make as much money as possible throughout the course of their lives. Nothing else even comes close. Not reproductive rights, not Ukraine, not Israel, not Jan 6, not Obamacare, not Hunter’s laptop, not Stormy Daniels, not trans athletes in the Olympics, not the environment.
You can say what you will in response to these priorities, I’m just telling you where this demo’s collective head is at. Go ahead, get mad, let it out…
Anyway.
That’s why you’re seeing the Harris campaign break from Biden’s economic platform on this singular issue of capital gains. I think it’s still going to hurt her chances more than it’s going to solve anything, but fine, it’s a gesture.
CNBC has the details of Kamala’s “softened” tax policy for high income earners:
Vice President Kamala Harris on Wednesday proposed a 28% tax on long-term capital gains for households with an annual income of $1 million or more, lower than the 39.6% rate President Joe Biden laid out in his 2025 fiscal year budget.
“We will tax capital gains at a rate that rewards investment in America’s innovators, founders and small businesses,” the Democratic presidential nominee said at a rally in North Hampton, New Hampshire. The Wall Street Journal was first to report Harris’ capital gains tax plan.
Long-term capital gains, or assets held for more than one year, are currently taxed at a maximum rate of 20%.
Harris’ announcement marks a rare divergence from Biden’s economic platform.
The newly minted Democratic presidential nominee has so far largely kept her economic proposals in line with those of her current boss.
Obviously, most college educated males are not earning $1 million a year today, but this misses the point. Many college educated men believe that this is possible for them to do. Most believe it’s only a matter of time. If they just meet the right connections or get the perfect opportunity. This is what drives America and makes our economy great - none of us has a ceiling. None of us has a cap. A smaller, less sturdy social safety net than in Europe, yes. But no limitations on our upside either. As such, we’re an aspirational society with endless possibilities out there on the horizon for anyone willing to take a risk.
And everyone daydreams about the business they might someday start or the value of the stock options they’ve been partially compensated with. The daydreamers do not like the idea of seeing these imaginary earnings being taxed at a higher rate despite the fact that they haven’t been earned yet.
This might sound crazy to you and, if it does, you’re probably not the kind of person I’m speaking about. I think the people who understand this far outnumber those who don’t.
Raising the cap gains rate from 20% to 28% isn’t going to change the world but it’s certainly not going to make any friends. Even if it’s much better than the original Biden approach.
Trump’s going to make hay of this when he speaks to the Economic Club of New York later today and during the debate next week. You can count on it.
Saw him discussing this on Morning Joe earlier. He explained that the only reason you have VA and MD amongst the largest recipient states is because of the number of government agencies located in each.