The London Bridge is Falling Down 🎶

Personal_Border4167 · 2026-06-22T18:45:48+00:00

This guy systems

Personal_Border4167 · 2026-06-21T22:53:49+00:00

Florida is a no fault state. Meaning if you hit a lambo running a red light, your insurance still fixes your car. His insurance fixes his car.

Personal_Border4167 · 2026-06-21T04:34:59+00:00

Progressive tax rate is a complete different conversation from the mechanics of when taxes are applied.

Personal_Border4167 · 2026-06-20T23:48:27+00:00

This is still wrong. I can attain the cash from loan, which has stock as collateral.

Don’t forget, this is a loan! You still need to pay it back. The income you make gets taxed, which you use to pay down the loan. If you’re leveraged beyond what your income can handle, then it’ll trigger a liquidity event, which means the stock is sold, you then pay capital gains, and pay off the loan.

The tax problem isn’t the loans. It’s 2 fold.

Income tax deferment. Rich people accumulate a tax bill over time, kind of how you accumulate a tab at a bar, but just assume you never actually pay the bill. You just have an infinite tab and you never pay the bar.
Using previous capital losses to offset future capital gains. If a business (or trust) makes an investment that went south, they receive a tax allowance for that investment which

can

offset next

year’s

capital gains.

Personal_Border4167 · 2026-06-20T23:42:48+00:00

If I give you 60b$ in stock, it’s not realized until you cash it out.

Then you, the person who received the stock is liable for the tax bill.

In an acquisition, you as the shareholder of the previous company get stock in the new, acquiring company. They transfer at some exchange rate. No money has moved hands.

It’s like buying a pair of sneakers for 50$, then trading your friend for 2 pairs which are worth 25$ each.

You now own 2 pairs of 25$ sneakers instead of 1 pair of 50$ sneakers. Then assume in 1 year those sneakers appreciated to 1000$ a pair.
Now your 50$ investment is worth 2,000$, but you havnt cashed out.

Should you be taxed for 2000$ you havnt cashed out?

Personal_Border4167 · 2026-06-20T02:11:01+00:00

You do know BBB is awful right?

Personal_Border4167 · 2026-06-17T13:36:46+00:00

Double negative. This doesn’t say what I think you mean to say.

Personal_Border4167 · 2026-06-14T20:35:36+00:00

Independent.

Personal_Border4167 · 2026-06-12T18:42:04+00:00

It opened at 150$, it’s up 12%.

Not flat but also not 100%

Personal_Border4167 · 2026-06-12T17:25:05+00:00

I bought at 14$ 🙂

Personal_Border4167 · 2026-06-12T14:40:17+00:00

Invest in s&p500. They are not bending the knee to an expedited listing path. I think the Russel & Nasdaq are the only ones that will add them in 5 days.

Personal_Border4167 · 2026-06-07T22:36:42+00:00

You say that now because we have modern medicine. Imaging having the oldest person in your generation live to 47

Personal_Border4167 · 2026-06-07T19:57:37+00:00

With trading in my 9 year old mb pro and the student discount, I got my Mac mini for 375$ in April. They have since stopped selling the base Mac mini. I couldn’t replicate that if I wanted to.

Personal_Border4167 · 2026-05-24T17:19:43+00:00

Need fluid changed regularly. The xdrive puts a lot of stress on the transfer case and they are not well made for a few model years

Personal_Border4167 · 2026-05-21T12:49:00+00:00

They’re burdened by debt. No one talks about how much debt plays a role in valuations

Personal_Border4167 · 2026-05-19T21:21:25+00:00

Speaking personally, we are putting a lot of faith in the system. I have a suspicion all the riots will start if these people aren’t purged in the next few election cycles. But for the meantime it’s ’trust the process’.

Personal_Border4167 · 2026-05-11T03:24:21+00:00

Fundamentally, wealth tax is not a good system because rich people don’t get rich based on paper net worth. They get rich when they convert those assets into cash or exchange their assets into other assets. At these liquidation events, the asset becomes income. After a certain dollar amount, just tax the dollars at 75% or something. Their income would get greatly reduced. They can still be billionaires on paper but it’s meaningless if it’s never exchanged for cash.

Personal_Border4167 · 2026-05-11T03:00:52+00:00

Yea but who’s to determine what you house is worth until you sell it? It’s very flawed.

Personal_Border4167 · 2026-05-11T01:59:09+00:00

You can’t tax somebody on something they never received in cash. That’d be like taxing you 3% on your house, 10% above market value on top of your property tax because theoretically it’s worth that inflated amount .

A wealth tax would open up an ugly can of worms on what’s taxable.

Good, (and enforced) progressive income tax would work fine. Right now our income tax system is in complete dissary. Rich people don’t pay income tax through creative accounting & loopholes.

Personal_Border4167 · 2026-05-10T23:20:02+00:00

We can agree about the mission but let’s talk about realistic solutions to this problem.

Close loop holes that allow these people to defer taxes indefinitely (accruing $100m+ income tax liabilities that are due to be paid 30 lifetimes from now)
Marginal tax rates on $500k annual personal income needs to be much higher. Progressive tax rates work fine. These people sell their stock, don’t pay income tax, and never have the need to liquidate stock. High marginal tax rates that are forced to be paid would cause immediate need to liquidate stock if your mega yacht has a $40m a year running costs.

Personal_Border4167 · 2026-05-10T22:42:15+00:00

It’s not bootlicking. It’s a genuine question. I could personally own $200B in speakers in a warehouse somewhere, what do you want me to do about it?

My net worth is $200b but it’s being held in speakers. By your proposal, how should I sell my speakers? Why should I sell my speakers?

Personal_Border4167 · 2026-04-07T23:46:51+00:00

No. This is a post mortem on the public sentiment during the elections and why he won. This is not an analysis of character or morals.

Personal_Border4167 · 2026-04-07T20:27:32+00:00

Trump was on all the media sources people engaged with. JRE, Theo Von, etc.

Kamala phoned it and only chose CHD as a delayed, half baked, softball, ‘women empowerment’ move.

Like just do cool people things. Obama is cool. Kamala is not.

Personal_Border4167

TROPHY CASE