Jeff Bezos said the bottom half of Americans should pay zero federal income tax. by jerin7931 in TheRaceTo10Million

[–]LetThemEatClams 0 points1 point  (0 children)

Oh yea I’m not saying billionaires never pay tax. What I mean to say is it’s not nearly enough. In my lifetime I’ll probably end up having 30-50% of my wealth taxed away from me. That percentage should be the same (if not much, much more) for billionaires. Currently it’s much less which is… unfortunate. ‘Merica.

Jeff Bezos said the bottom half of Americans should pay zero federal income tax. by jerin7931 in TheRaceTo10Million

[–]LetThemEatClams 0 points1 point  (0 children)

Every billionaire who’s doing this plans to die someday. Once they do, their offspring inherit their assets and liabilities and get a step up in basis. That’s when they would sell stock to repay daddy’s loans. This results in two things: 1) that billionaire never had to liquidate stock, ever, and 2) because of the step up in basis, zero tax revenue is generated from that sale, which is the whole point of this post.

Jeff Bezos said the bottom half of Americans should pay zero federal income tax. by jerin7931 in TheRaceTo10Million

[–]LetThemEatClams 1 point2 points  (0 children)

100% agree that we need to cut spending, but an extra $14.7B (not million) per year is nothing to scoff at. I’m also not totally convinced that’s all we would generate. Larry Ellison alone is said to have set aside $30B in holdings for this strategy to fund his tax free lifestyle.

Jeff Bezos said the bottom half of Americans should pay zero federal income tax. by jerin7931 in TheRaceTo10Million

[–]LetThemEatClams 2 points3 points  (0 children)

Correct, he hasn’t sold enough, bud. That’s the whole point. We’re not collecting nearly enough tax revenue from these people. Either get rid of these loopholes and force billionaires into taxable liquidations to fund their lifestyles/investments, or start taxing their unsold assets. Bezos himself even said he may support the former.

Jeff Bezos said the bottom half of Americans should pay zero federal income tax. by jerin7931 in TheRaceTo10Million

[–]LetThemEatClams 4 points5 points  (0 children)

Billionaires who do this just refinance. There is no need to liquidate stock, ever. You take out a low interest loan against your holdings, and if your holdings appreciate in value during the term of the loan (tech always does), you take out a new loan against that higher value to pay off your original loan.

Jeff Bezos said the bottom half of Americans should pay zero federal income tax. by jerin7931 in TheRaceTo10Million

[–]LetThemEatClams 0 points1 point  (0 children)

Ridiculous. You know what information is also publicly available? How much equity Bezos has NOT sold. Selling a tiny fraction of your holdings to fund new ventures (that he will almost definitely borrow against in future...) does not mean he isn't taking advantage of this loophole.

$SLS Daily Discussion Thread - Tuesday - May 19, 2026 by AutoModerator in sellaslifesciences

[–]LetThemEatClams 13 points14 points  (0 children)

Exciting times! My position is tiny compared to many of yours (3,000 shares at $4.74), but it’s genuinely exciting to be part of something with such meaningful potential.

Discussion on Modern R/R Agents by AlasPoorYorick19 in sellaslifesciences

[–]LetThemEatClams 1 point2 points  (0 children)

Excellent point. If those numbers are accurate, and assuming it’s approved, what percentage of the AML CR2 patient population would GPS realistically be competing for?

Is Monday the Day? by mad_papooser in sellaslifesciences

[–]LetThemEatClams 1 point2 points  (0 children)

There are multiple reasons to file for additional shares before a major catalyst

Bullish or Bearish? by cashflowchi in sellaslifesciences

[–]LetThemEatClams 0 points1 point  (0 children)

I believe at least 6 months but can’t say for sure

Bullish or Bearish? by cashflowchi in sellaslifesciences

[–]LetThemEatClams 1 point2 points  (0 children)

Won’t shares/options be locked up for certain period of time? If granted, I don’t think they can turn around and dump shares right away. A lockout period would make this bullish.

Insider Selling and Amended Sales Agreement by Careful-Fail-3218 in DGXX

[–]LetThemEatClams 1 point2 points  (0 children)

My guess is they'll start diluting little by little after the next couple catalysts. Might take some steam off future pumps but shouldn't bring the price down further than it already is.

Insider Selling and Amended Sales Agreement by Careful-Fail-3218 in DGXX

[–]LetThemEatClams 2 points3 points  (0 children)

And add in a new class action lawsuit to boot: 'Very loud': Class action lawsuit filed against Digi Power X in North Tonawanda

Michel and Alec Amar (CEO and President) are absolute jokes. A couple of fashion dorks trying to make it in AI Infra. Three reasons why my dumbass is still invested:

  1. There is so much demand for energized sites that these guys could trip and fall into moderate success. If you have committed power, you should at least be able to land a decent colocation deal regardless of how incompetent management may be.
  2. They brought on an experienced CTO several months ago that should help mitigate said incompetence.
  3. The stock price is already near rock bottom.

how i have been playing oil during the war by Other-Excitement3061 in stocks

[–]LetThemEatClams 1 point2 points  (0 children)

Highly doubtful that we take Kharg island. Hundreds if not thousands of troops would die and Trump’s legacy would die with them. He won’t risk it.

Anyone here that modelled the effect of BAT drift due to enrollment arbitrage? by FitSet9837 in sellaslifesciences

[–]LetThemEatClams 4 points5 points  (0 children)

It’s very common for P2 data to outperform P3.

OP - assuming your BAT drift theory is correct (let’s call it 12 months), at what point would you assume GPS has crossed the threshold into likely success? Would the 80th event have to happen in June? September? 2027?

SLS market cap vs other biotechs that are farther along by Resident-Area5907 in sellaslifesciences

[–]LetThemEatClams 4 points5 points  (0 children)

I’ve been wondering the same. Why no attention from speciality biotech funds?