Taxing
Taxing t1_jcni5oe wrote
Reply to comment by Forsaken_Ad6559 in Peter Thiel says he had $50M in SVB when it collapsed. by PossessionStandard42
Cool, engaging discussion. Don’t challenge yourself in anyway, you’ve got it figured out already, and anyone who shares anything that doesn’t fit, be mean.
Taxing t1_jcnhqmy wrote
Reply to comment by Forsaken_Ad6559 in Peter Thiel says he had $50M in SVB when it collapsed. by PossessionStandard42
You have an incredible attitude. Tax policy is fascinating and worth investigating. There is a long history of why the preferential capital gain rate was instituted, and the benefits resulting, the most important at the time was stimulating investment. With the present increases in wealth disparity, there are calls to shift policy. Somewhat recently there was a 5% increase for high income earners, and variations of the Build Back Better Act attempted to make more material changes, but did not pass.
Before tax policy, maybe research the Dunning-Kruger effect.
Taxing t1_jcnggvv wrote
Reply to comment by Forsaken_Ad6559 in Peter Thiel says he had $50M in SVB when it collapsed. by PossessionStandard42
If you believe tax policy is simple, you’re probably not digging deeply enough into it.
Taxing t1_jc8ljc5 wrote
Reply to comment by LeapIntoInaction in TIL If Coca-Cola's inventor had decided to file a patent application in 1892 instead of keeping the recipe a secret, patent protection would have expired long before Pepsi ever came onto the market in 1965. Patent protection lasts 20 years at most. Trade secrets can last forever. by ethereal3xp
Recipes can be patented, in the US at least.
Taxing t1_j8q4yw8 wrote
Reply to comment by Notorious_Junk in Elon Musk donates almost $2bn of Tesla shares to charity by Nergaal
Proven to the IRS, not to the public. Form 990 PF’s are publicly available, so if you’re patient you can review his private foundation’s return for 2023 in 2024 and reconcile the donation amounts to confirm it is the recipient.
Taxing t1_jcnjrtl wrote
Reply to comment by Forsaken_Ad6559 in Peter Thiel says he had $50M in SVB when it collapsed. by PossessionStandard42
If there were a market for stupidity, I’d want drilling rights to your head.