A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8....
The masculine term Latino (/ləˈtiːnoʊ, læ-, lɑː-/),[1][2] along with its feminine form Latina, is a noun and adjective, often used in English, Spanish, and Portuguese, that most commonly refers to United States inhabitants who have cultural ties to Latin America.
Exclude students loans and anything tied to an asset. These are unique loans only offered to the super wealthy or since there are equity based loans, just tax equity based loans
No it’s not. They are not buying an asset with. It’s sometimes back with with an asset as collateral but it’s not tied to an asset. The loan isn’t taken out to buy a home. It’s taken out as living expenses.
I can’t support that. I myself once had 20 million in stock options but couldn’t sell it. By the time I could sell it, it was worth zero. Yet you in your system I would have paid taxes on it. Stock fluctuates in value to much. We just need way to force them sell the stock and then tax the stock as ordinary income.
Flat means no deductions and an equal pay. It can still be done against brackets and be a flat tax.
No brackets work with credits and deductions. Someone with 100k in income could pay zero in taxes. A flat tax makes them pay taxes by removing deductions.
Personally I’d rather see a consumption tax but that freaks most people out.
That’s my point. They were worth 20 million. Due to legal restrictions I couldn’t sell. As such I would have to pay taxes on 20 million. When I could sell they were worth zero.
I’ve never heard deductions being allowed. Maybe a few but for the most part it’s about an equal rate across everyone or at least a few small brackets.
Different plans define income differently. If we are trying to fix the astern income should be everything. Selling an investment home, dividends, selling stocks, w2. Etc.
What he is saying your home is an unrealized gain which is true.
While we pay property taxes they are a small percentage and based on the tax value and not the fair market.
While not a fan of property tax they at least directly impact you by providing value to your local area. Why I don’t bitch much about property taxes. I’d rather pay those than federal taxes.
Judge blocks Biden administration rule capping credit card late fees at $8 (www.cnn.com)
A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8....
Are We Really Going to Let Trump Come Back to Fail Again? (www.nytimes.com)
For many millions of Americans, time seemed to move differently under President Donald Trump....
Tesla is being investigated for securities and wire fraud for self-driving claims (www.theverge.com)
Elon Musk has promised fully autonomous vehicles for years.
BREAKING: Microsoft has closed Redfall's Arkane Austin, HiFi Rush's Tango Gameworks, and more in devastating cuts at Bethesda. | IGN (twitter.com)
Why are some Latinos drifting to the right? (www.motherjones.com)
'Absurd!': US Billionaires Pay Lower Tax Rate Than Working Class for First Time (www.commondreams.org)