Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

Rules:

Please put at least one word relevant to the post in the post title.
Be nice.
No advertising, brand promotion or guerilla marketing.
Posters are encouraged to link to the toot or tweet etc in the description of posts.

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founded 1 year ago

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Let's play the rich get everything. The rules are the rich get everything. participation is mandatory. (lemmy.world)

submitted 1 month ago* (last edited 1 month ago) by [email protected] to c/[email protected]

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Did I say mandatory? I meant optional! You're "free" to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

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[–] [email protected] 1 points 1 month ago* (last edited 1 month ago)

Having diamond hands, you don't want to sell, but you owe 28% of the $90k you "made" on the stock, which can be spread out over 9 years.

No it can't. Unless you are proposing a radically different tax proposal. You owe 28% of the $90k that year. Not in 9 years. This year. $25k owed because a group memed a stock that you owned long before it was a meme.

As to my example being the exception, look at any long term stock chart and you'll see multi year increases and multi year declines. MSFT was the same price in 1998 and 2001. 3 years of paying taxes on a stock that gave you $0 capital gains and $0 losses. No tax break. Just a tax bill because of Internet stocks were popular for a few years.

Give me $25k today and I'll agree to pay you back over 9 years without interest. Deal?