Post #15116 by Lapsody on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (90)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 4

And this is where the left goes off the rails and veers into wealth taxes.

But Al has not gone off the rails and veered into wealth taxes, you have veered off.

ALL Which means that Biden is correct, in that billionaires generally don't pay very much tax on the money they've earned.

Dope: Language sleight of hand alert!

Sorry, I don’t grant this point.
Me. Here you veer off and make the claim that Al is claiming unrealized income is taxable income - see below

Dope: Unrealized income is not recognized as taxable income.

But Al never said anywhere in your conversation that unrealized income is taxable income. He's basically saying that "unrealized income" has the word "income" in it because we recognize it is "income" while it isn't taxable. He grants there are problems in taxing it.

Either we have fixed accounting rules or we don’t.

This is normal Dope. Mischaracterize/ misstate what the person you are talking to is saying, then grandstand om that mischaracterization/misstatement.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (90)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.