Jewish US Treasury Secretary Steven Mnuchin Considers $100 Billion Tax Cut for the Wealthy nytimes.com/2018/07/30/us/politics/trump-tax-cuts-rich.html A proposal under consideration at the Treasury Department would bypass Congress and use federal regulation to index capital gains for inflation, a $100 billion boost for high earners.
>no (You) for (((Jew))) Poor attempt by a (((shill))) to take a good thing and call it bad. Of course, the (((media))) is complicit as well, but that's besides the point.
The capital gains tax applies to EVERYONE who has a capital gain, not just to rich people. The proposal isn't a simple "tax cut," it's to index the underlying basis of the investment to a measure of inflation, rather than have it be static i.e. in nominal, non-inflation-adjusted dollars. As such, it's going to have its biggest impact on investments which have been held a long time (long enough for the accumulated CPI adjustment to have a bigger effect). So not only "rich people", who might be (((rich people))) but most people who use the term "rich people" unironically are (((commies))), but also businesses who may be sitting on investments which they don't want to cash out of and redeploy because of tax implications, and also pensioners and retirees who have lots of money in stocks held for a long time, or in property (their own home or perhaps rental homes).
Yes, there's a monetary-limit exemption for selling the home you live in, but it's capped and not at a level that's realistic for some places, like California, and you also have to live in it for a certain period of years, so anons in the "live in it to rehab and flip" business will get some benefit from these changes.
Carter Ward
When is trump going to abolish the race tax on whites?
Matthew Sullivan
Oh, hi there Zig Forums Still assblasted over Crazy Uncle Bernie not getting in there and dumping gibs on your nigger ass, I see. So right now, let's say a non-nigger invests $1,000 and after ten years sells that investment for $1,200. Inflation averaged 2.5 percent in that period, so the $1,200 the non-nigger receives will have less buying power than the $1,000 he invested. Under current law, he will pay a tax on his $200 "capital gain" even though the kikery of fiat currency resulted in him gaining nothing. Realized capital gains are subject to tax rates that easily exceed 100 percent of real gains in the presence of inflation. Only a communist fucktard gibsmedat or le happy merchant pedophile (you) would be crying over not being able to tax inflation to the point of making green toilet paper even more worthless.
Must have been a tough worker if he personally did every single thing "his" bank ever did.
Charles Fisher
People in power are generally high-functioning psychopaths or sociopaths. They be give zero fucks about the general public and they view regular people as losers who didn't "win" in the game of life.'
Blame kikes or another wealthy in-group all you want, but anyone who's really wealthy or in power views the general public as plebs or peasants to be used and discarded.
I know there are a lot of socialists on this board, so let me explain the potential upside to this. The downsides are obvious, less tax revenue, and the perceived inequality that capital gains has no tax while income is taxed. Obviously, the US shouldnt't have an income tax. The income tax was added in WW2, but was not dropped afterwards like it should have been. Capital gains tax not being indexed against inflation means that the government confiscates what you have, gains or not, due to the government debasing it's currency. This is a conflict of interest, because it further fuels the governments desire to print dollars to fulfill it's obligations. Now back to what good this tax can bring, it will prevent capital flight from the US, end encourage investment in businesses, jobs etc in the US. The less money a government pillages from a business, the more investments that business can make. The current climate where taxes are unpredictable and can rise at any moment, decreases faith in the future and reduces investments. What we need are a constitutional limit on how much tax the US government can extract from it's citizens, so people can plan accordingly and start making long term plans.
I wish I knew Trump would turn into a mega jew so I could not bother voting for him
Logan Reed
Thank fucking lord. This is the kind of change I've been waiting for. No longer will I be forced to hand over rediculous amounts of the money that I earned to niggers and spics.
Chase Butler
Related.
Eli Morgan
lmao you're just a retard. Jews havee been jewing whites since the days of the Roman Empire. You could blame any generation of the past 2000 years for not shoahcausting the Jews, but you just choose the boomers because you hate mommy.
Nathaniel Lewis
wtf I love taxes now
Jack Wood
They are a generation of useless hippie communists that sold their children out to the non white hordes.
Henry Foster
Nice attempt at deflection you dumb pothead.
Dominic Ortiz
Its a good change since the cap gains tax calculation is completly messed up but it gives ammo to his opponents to destroy him with. Leave it for his second term.
Landon Nelson
He's right though. Personally I put most the blame on King George II and the Bank of London was the hub for world jewry for the next 100 years.
Jordan Watson
...
Brody Powell
They're all bad, hippy fags were the fucking worst though
Jacob Russell
yea, everyone working for a bank is free to do whatever he wants without any rules from the higher ups. the jew on top would never dictate what to do in certain situations. never.
Blake Garcia
Are they as bad as the retarded spastics of this very generation, after "taking the red-pill" and becoming "jew-wise" campaigned with all their hearts for this obvious jew hoax, all for free
Easton Morgan
can you imagine how upset the left is going to be? this is so great. trump just picks the best jews for the job.
Ayden Rodriguez
LoL
All I;ve seen so far every day since the orange kike got elected are retards essentially saying
Anthony Bailey
No (You) for (((Jews))).
and your sage …
N E G A T E D !
Jason Morris
OK, just like I told Jossel, you and Moische run and go tell Levi that it isn't working anymore. Thanks.
Alexander Phillips
so this will only cut taxes for the rich? or am i gonna get another tax break?
Chase Reed
Not true. It's the niggers that pull Trump's puppet strings. PROOF
Both. Rich people will get a huge tax break, middle-class mostly will get some of that too, poorfags are BTFO because if you are poor in the richest country in the world you deserve to be weeded out from the gene pool for being such a massive failure of a human being.
Gavin Russell
Poorfags make the most babies and richfags the least, most richfags are actually mentally ill just like most entertainers. If anything, capitalism is pure dysgenics because of it's nature of making everything a race to the bottom as it's phenotype that you serve.
I just want the happening of happenings now. I want to see Mnuchin and them all being beheaded in glorious 8K resolution. Everyday would be so exciting.
Nolan Powell
Free enterprise capitalism is different from (((crony capitalism))). There are many whites employing and paying enough people in US, heck, in the entire world, it's just a matter of looking. If you don't have a job, you don't deserve to get welfare, period. Richfags are not making babies because of the huge government size. Poorfags have no idea just how much the gov't rapes them, and they just breed and keep poor. Middle-class is still breeding well in US compared to other places in the world.
What I mean by "poor" is, anyone who does not earn enough money to buy their own food, clothing, roof, car and basic infrastructure for leisure and raising a functional family of two kids, minimum. Many US states provide that. Those that don't need to be evacuated ASAP.
Kayden Richardson
Worst generation that is still relevant today. Sure, the "greatest generation" is technically worse, but they are mostly all dead or dying today.
Isaiah Anderson
Look who is back! COMMUNIST GANGSTER COMPUTER GOD
Benjamin Watson
>Free enterprise capitalism is different from (((crony capitalism))). Wrong
Sebastian Hall
>>>Zig Forums
Noah Morales
>>>/liberty/
John Edwards
Just as bad as communists, your model would be perfect if it wasn't for those pesky humans. All capitalism does is feed niggers and psycho jews.
Noah Howard
Capitalism is left wing, dumbass.
Isaiah Rodriguez
the richest country? the usa? hahahahahahahahaha
Carter Allen
OP you’re a fucking idiot and clearly have no investment portfolio to benefit from this which makes you an even bigger idiot.
Michael Reed
How about you just get rid of all the fucking regulations that would allow people to be self employed and start their own businesses. That way you wouldn't have to work for a big corporation which ends up paying big bonuses to its CEOs. You ever think of that, you dumb as fucking niggers commies?
The article says it will minimize the cap gains tax to consider for inflation. Cap gains is the tax you pay when you sell a stock regardless of if you made money or not that you bought with ore taxed money. Cap gains only effects rich people because it’s traditionally how one becomes rich(er). Anyone can buy stocks or buy into an index fund which is a collection of multiple stocks that you buy like 1 stock. You really don’t need much money (a few thousand) to get started but most people never do because they can’t figure out how to save a whole $3,000 and spend their cash on instant gratification instead.
Jackson Howard
people are already allowed to start buisiness you retard.
you probably build your own roads.
Easton Richardson
50% of americans have trouble paying bills, but they have capital gains?. Living in a dreamworld, you.
Robert Butler
Gas yourselves you fucking underachieving worthless disgrace to your race.
There should be no tax on income and especially not on investment
Xavier Bell
These are both photos from the trip Mnuchin and his trophy wife made to Fort Knox.
She deleted her 'Instagram' account after she spewed this haughty prose (airport photo related) patronizing people who are poorer than she and hubby are.
Who cares what arbitrary law his foreclosures were a violation of. Is it that surprising that some people don't pay their bills? Is it surprising that people can get foreclosed on when they don't pay their bills?
Jason Hall
- t. Steven Mnuchin's Hollywood whore Scottish wife Louise Linton
Gabriel Sullivan
- t. Steven Mnuchin's Hollywood whore gold digger wife
The evidence was there from the beginning, you were just a naive faggot like most imageboard users who thought "LE BASED TRUMP" was going to be the guy he presented himself as.
Jose Williams
ITT: retards that can't into economics Do you think taxes even matter at this point? Do you know how deep in debt the US actually is? Do you know how fucked the world economy is? Don't you know that nations are basically bracing for it? It doesn't even matter at this point. Give the people enough money to buy things that won't go to hell when this rotten jewish ponzi scheme collapses. I'll take a guess and say it will happen right after the 2020 election. He's cutting it down. With no survivors tip: buy bitcoin
