eye roll
The First Biden Term
The First Biden Term
600 is the threshold. That isn't to snag the wealthy.
"Be bold, and mighty forces will come to your aid."
The First Biden Term
Yes, normal people routinely deposit $1,000 into their accounts.
It's not me, it's someone else.
The First Biden Term
It's not me, it's someone else.
The First Biden Term
That'll still snag the scofflaw babysitters, and the illegals being paid under the table. Pay the bills by way of fucking the poor. It's easier because they can't afford lawyers during the audit. Maybe they can go to prison with Wesley Snipes.The IRS would collect the total sum of deposits and withdrawals from bank accounts with more than $10,000 in non-payroll income. Information on individual transactions would not be collected.
"Be bold, and mighty forces will come to your aid."
The First Biden Term
Babysitters make $10,000 a YEAR? wtf?GORDON wrote: ↑Tue Oct 19, 2021 7:39 pmThat'll still snag the scofflaw babysitters, and the illegals being paid under the table. Pay the bills by way of fucking the poor. It's easier because they can't afford lawyers during the audit. Maybe they can go to prison with Wesley Snipes.The IRS would collect the total sum of deposits and withdrawals from bank accounts with more than $10,000 in non-payroll income. Information on individual transactions would not be collected.
It's not me, it's someone else.
The First Biden Term
To be fair, the babysitter Tiger Woods married was worth millions, then half a billion, and now a billion plus again.TheCatt wrote: ↑Tue Oct 19, 2021 8:12 pmBabysitters make $10,000 a YEAR? wtf?GORDON wrote: ↑Tue Oct 19, 2021 7:39 pmThat'll still snag the scofflaw babysitters, and the illegals being paid under the table. Pay the bills by way of fucking the poor. It's easier because they can't afford lawyers during the audit. Maybe they can go to prison with Wesley Snipes.The IRS would collect the total sum of deposits and withdrawals from bank accounts with more than $10,000 in non-payroll income. Information on individual transactions would not be collected.
And those babysitters on YouPorn can't be cheap...
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
The First Biden Term
Ds want to create a "wealth tax".
I really, really, really want the rich to pay their share and not have loopholes, but you can't tax people on money that doesn't exist.
She's right. It shouldn't be called a wealth tax. It should be called the fucking insane tax.“I think what's under consideration is a proposal that Senator Wyden and the Senate Finance Committee have been looking at that would impose a tax on unrealized capital gains, on liquid assets held by extremely wealthy individuals, billionaires. I wouldn't call that a wealth tax,” Yellen told Tapper in a separate interview.
I really, really, really want the rich to pay their share and not have loopholes, but you can't tax people on money that doesn't exist.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
The First Biden Term
It exists. They're certainly able to use it.
And if we don't tax it (which I don't really support), then we should remove step-up basis on death, so it does get taxed eventually.
It's not me, it's someone else.
The First Biden Term
Doesn't that suggest a tax on value, and not income?
If your house goes up 100k in value, you now owe 20% of that increase?
"Be bold, and mighty forces will come to your aid."
The First Biden Term
Well, there's a $500k exclusion for houses today, for MFJ, $250k for singles.'
But this tax only is targeted to billionaires, today.
Democrats are eyeing a tax on people with $1 billion in assets or those who have brought in $100 million in income for three consecutive years, a person familiar with the discussions told The Wall Street Journal.
It's not me, it's someone else.
The First Biden Term
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
The First Biden Term
Looks like even the $10k reporting will die.
I honestly hope this bill just dies completely. But I'm sure the Dems will salvage just enough to fuck up my retirement stuff.
ArticleA plan to have banks report cash flow information to the IRS for accounts with more than $10,000 in non-wage deposits was no longer under serious consideration, CNBC’s Kayla Tausche reported Wednesday, citing three sources familiar with the matter.
I honestly hope this bill just dies completely. But I'm sure the Dems will salvage just enough to fuck up my retirement stuff.
It's not me, it's someone else.
The First Biden Term
It can still sneak in buried as a rider.
"Be bold, and mighty forces will come to your aid."
The First Biden Term
$3.5T bill... $2.0T bill.... now a $1.75T bill
The White House was expected to lay out specifics of the plan later Thursday morning, and even many Democrats remained in the dark about the exact contours of the agreement in the hours ahead of its unveiling.
It's not me, it's someone else.