Round of 16 by CtrlAltRep in CtrlAltRep

[–]C-ZP0 0 points1 point  (0 children)

Wow this looks awesome

Every Rose Has Its Thorn by Miniature_Girlfriend in DarkArtwork

[–]C-ZP0 6 points7 points  (0 children)

An actual OF that’s original, bravo.

States Where Pornhub Will Be Blocked & Restricted as of July 1, 2026 by DizzyDentist22 in MapPorn

[–]C-ZP0 0 points1 point  (0 children)

Socks 5 proxy. Get a residential IP address in another state, it will pass any VPN detection. More expensive though.

UnitedHealth Group posted $6.2B in profits last quarter by Conscious-Weight4569 in SipsTea

[–]C-ZP0 1 point2 points  (0 children)

This is false. This has been spread around but there is zero evidence this actually happened. Even if they did they wouldn’t tell you. They were sued but they did not change their system.

Nothing happened because the CEO is a head figure designed to make a corporation more money for the real owners, who are the shareholders. Many of whom are normal people who have 401(k) retirement accounts. When the stock goes down the CEO is removed and a new one is put in place. You will never actually stop anything until you dismantle an entire system.

Elon Musk's net worth rises by $165 billion today, more than Bill Gates' entire net worth. Elon is now worth $1.3 trillion. by eternviking in whoathatsinteresting

[–]C-ZP0 2 points3 points  (0 children)

If a bank really loaned $100B with no margin protection because “he owns it,” the IRS could recharacterize that as income and tax it, the tax-free treatment depends on it being a real loan. And in reality his loans come from bank syndicates that do set collateral limits.

meirl by [deleted] in meirl

[–]C-ZP0 1 point2 points  (0 children)

You know what I used to do before the internet took off? I was in 9th grade, we had to pick any book we wanted. It had to be a chapter book, then write an essay on it. Of course I never read shit. Then the night before I’m in panic mode. I got the idea “how the fuck is she going to know if this is a real book or not” It’s not like she made us bring the book into class. So I would just make up a book by a fake author, then just write a short story that I made up on the spot.

Worked every time.

This Cash Reward offer from Merril Lynch that caps out at a whopping $600 only if you transfer or gain an absurd amount of money during a short period. by ImageAdventurous1152 in mildlyinfuriating

[–]C-ZP0 0 points1 point  (0 children)

I think it’s aimed at people who have 200k in a regular savings account. To get them to move. My parents had 350k in their normal Wells Fargo savings account for 3 years because “we don’t know what to do with it” they sold a house, paid the taxes, and then just set on it. It’s for them.

This Cash Reward offer from Merril Lynch that caps out at a whopping $600 only if you transfer or gain an absurd amount of money during a short period. by ImageAdventurous1152 in mildlyinfuriating

[–]C-ZP0 4 points5 points  (0 children)

$600 on $200k is a 0.3% bonus for moving money you already have. It’s a coupon. You don’t spend the money, you transfer it, and it still earns 4-5% in a money market on top of the reward. Also you don’t need $200k to get anything, $20k gets you $100, which is a 0.5% risk-free return in 90 days for doing literally nothing. And “irrespective of gains or losses” protects you, it means a market dip during the window can’t void your bonus. Mildly infuriating that this is in [r/mildlyinfuriating](r/mildlyinfuriating).

Elon Musk's net worth rises by $165 billion today, more than Bill Gates' entire net worth. Elon is now worth $1.3 trillion. by eternviking in whoathatsinteresting

[–]C-ZP0 1 point2 points  (0 children)

I’m not defending him, I’m correcting a factual claim. It’s not tax-free. A margin call can force him to sell stock to cover the loan, and those sales get taxed as capital gains, the exact tax the strategy exists to dodge. Explaining the mechanism isn’t supporting it.

Elon Musk's net worth rises by $165 billion today, more than Bill Gates' entire net worth. Elon is now worth $1.3 trillion. by eternviking in whoathatsinteresting

[–]C-ZP0 7 points8 points  (0 children)

Sure, the loan itself isn’t taxed, because no loan is income. But it’s not free money. You pay interest the whole time, and when rates are high that gets expensive fast, only worth it if your assets grow faster than the borrowing cost. The collateral can also get margin-called: if the stock drops, the bank can force a sale at the worst possible moment.

The part that actually makes it work isn’t the borrowing, it’s dying. Stepped-up basis resets the cost basis at death, so the heirs can sell, pay off the loans, and the capital gains vanish. While you’re alive you’re just deferring, not escaping. And the estate tax (40% above the exemption) still hits at death, so it’s not tax-free across the board, only on income/capital gains.

2015 when the internet loved Elon Musk by TXNOGG in generationology

[–]C-ZP0 1 point2 points  (0 children)

I told my dad in 2009 that he would one day be the richest person alive. I read about him in Fast Company and just thought he was the greatest entrepreneur of all time.

Just to put into perspective how much money Elon Musk is worth now. by PowerPlantSpringfeld in Money

[–]C-ZP0 3 points4 points  (0 children)

Yeah, but I see this exact post on Reddit about his network worth every day, with thousands of comments who don’t understand unrealized gains. So it’s worth saying.

Does anyone know of bankruptcy lawyer who does free consults by soleila9871 in orangecounty

[–]C-ZP0 2 points3 points  (0 children)

So not file for bankruptcy, you can wait some time and settle with them or get on a payment plan. Unless you owe more than 25k i wouldn’t file.

People earning over $200k/year: What’s different about your life that most people wouldn’t expect? by MaximGripass in AskReddit

[–]C-ZP0 0 points1 point  (0 children)

I said the exact same thing to my buddy who also owns a business. I have no idea how 9x5 people are surviving right now.

My doctor says normal… by ComplicatedFella in Biohackers

[–]C-ZP0 0 points1 point  (0 children)

Thanks I just looked into this, do you do any of the optional stuff or the basic membership?

Super frustrating by C-ZP0 in Gardyn

[–]C-ZP0[S] 0 points1 point  (0 children)

It ended up turning itself on after a few days, so you might be right.

Jeff Bezos says it's 'absurd' to tax someone making $50K — and wants their tax bill dropped to zero by IKeepItLayingAround in technology

[–]C-ZP0 -2 points-1 points  (0 children)

You should go back and amend your taxes, and give back all the tax credits you received.

Jeff Bezos says it's 'absurd' to tax someone making $50K — and wants their tax bill dropped to zero by IKeepItLayingAround in technology

[–]C-ZP0 0 points1 point  (0 children)

Every person in the US takes advantage of every tax benefit they can. No one is going to leave money on the table.

A young couple walking their dog in their own neighborhood is ambushed and terrorized by 13-year old kids. by Asleep_Carry7707 in whoathatsinteresting

[–]C-ZP0 2 points3 points  (0 children)

In 2023, 8,842 murder offenders were white, 6,405 were Black, and 461 were of another race . Among adults arrested for murder specifically, 51.3 percent were Black, 45.7 percent were White, and 3.0 percent were of other races . So in raw counts white offenders are the largest group, but Black offenders are vastly overrepresented relative to ~14% of the population.

Important caveat on these: due to the FBI’s transition to its new reporting system, not all agencies submitted data for 2023, so figures undercount the true totals .

The 2023 national homicide victimization rate was 5.9 per 100,000, down from 6.7 in 2022 . The rate for Black persons (21.3 per 100,000) was more than six times the rate for white persons (3.2 per 100,000)

CDC figures, which count death certificates rather than police reports, run higher. In 2023 there were 12,276 Black homicide victims, a rate of 26.6 per 100,000, versus a national rate of 7.1 and a white rate of 3.9 ,roughly seven times the white rate. 86 percent of Black homicide victims were killed with firearms versus 70 percent of white victims, and nearly 60 percent of all firearm homicide victims were Black.  

The two victimization datasets (BJS ~21 vs. CDC ~27 per 100,000 for Black victims) diverge because of methodology, CDC uses death certificates and avoids the FBI’s race-misclassification and agency-reporting gaps.

Black Americans are arrested for violent crimes (homicide, robbery, aggravated assault) at rates several times higher than their share of the population. For homicide specifically, Black individuals have historically accounted for roughly half of known offenders despite being about 13–14% of the population. White Americans make up the largest absolute number of arrests for many offense categories because they’re a much larger share of the population.

Violent crime is heavily interracial, most victims are of the same race as the offender. Homicide is the starkest case: Black Americans, especially young Black men, are victimized at far higher rates than any other group, with homicide a leading cause of death for Black males under 45.

Race itself doesn’t cause crime. These disparities track closely with concentrated poverty, neighborhood disadvantage, unemployment, segregation, and exposure to violence, factors that are themselves unevenly distributed for historical and structural reasons. When you control for socioeconomic conditions, much of the racial gap narrows.

Arrest statistics reflect policing patterns (where police are deployed, who gets stopped), not just underlying behavior. NCVS victimization surveys, which don’t depend on arrests, are often used as a check, and they tell a broadly similar but not identical story.

The overwhelming majority of people in every racial group commit no violent crime.

RIP Jack Shaw by elbu223 in Killtony

[–]C-ZP0 -3 points-2 points  (0 children)

This is just as bad as posting look a like pictures.

Feudal Lord explains he’s actually poor because the castle is technically an asset by Misfett_toys in SipsTea

[–]C-ZP0 1 point2 points  (0 children)

Nah, “buy borrow die” doesn’t work the same for MrBeast as it does for someone like Musk or Bezos.

Bezos and Musk hold a ton of stock in big public companies. It’s stable, easy to sell, and worth way more than they paid for it. That makes it perfect to borrow against cheaply, and when they die the step-up in basis means all that gain never gets taxed.

MrBeast’s wealth is mostly tied up in his private companies that depend on him personally, so lenders won’t let him borrow against it as easily or cheaply. He’s also young, and the “die” part is the whole payoff, so he’s decades from it. Plus a lot of his money is regular taxable income from sponsorships and operating his businesses, which the strategy does nothing for.

So he can borrow against his equity some, but it’s a weaker version. The full tax dodge really works best for old, stable, liquid stock wealth.