George Bush the first called Dan “potatoe” Quayle the Jose Canseco of politics.

JD is making him look like it in comparison.

Ted’s wife is a bigwig with Sachs. I wonder if she had input with this.

Mostly yes.

You get people selling off companies or several depreciated rental properties, and they get hit with the tax and can’t get out of it.

There are some circumstances that they can manipulate though. When the stock market crashed in 2008, people sold off at enormous realized losses, sat on the cash for thirty days to avoid the wash rule, and bought right back in at the same low prices.

That created years worth of carried over losses that enabled them to recognize capital gains at zero tax.

It’s a reasonably common strategy called loss harvesting.

Certain flavors of stock options appear to be tax free at time of sale, but this is because the initial grant was deemed W-2 wages and was taxed when it was issued at ordinary income rates.

To the laughy emoji, I think a Harris/Vance administration would be a lot funnier except that the assassination attempts to get Vance in there would probably occur daily.

Well earned hatred for Zuck aside, Trump really seems like he wants to imprison the entirety of the seventy percent of Americans who don’t bend the knee to him. Depending on what level of military support he garners if he manages to weasel his way back to the White House, we could realistically be looking at a Cambodia Khmer Rouge situation.

I’m not a gun guy, but I’ve seriously been thinking about getting one - not for self defense against a militarized police force or unimaginably powerful military, but as a quick out should things turn to round up the Dems bad.

I love that the GOP has essentially been trying to destroy the Ivy League since the whole Israel thing got going, but so many of them are products of said Ivy League.

I think I read not too long ago that there are still bales of cash buried around Colombia that were never accounted for.

Biodiesel was gonna be the next big thing before EVs started gaining traction. Arnold drove around a Hummer that was modified to run on vegetable oil while he was governor.

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Isn’t his strategy here to just ignore it?

I couldn’t believe they actually got him in a cell over the contempt changes, but holy hell it took a lot to get there.

I’ve moved from Denton County to Dallas since the last election. I’m curious to see the difference in voting. Lewisville was staunch Republican area. Voting took about thirty minutes surrounded by red hats with scowling faces in line.

Just wait. I’m sure Ken Paxton will sue California in the fifth circuit.

Paxton is super slippery. He avoids consequences for his shitty actions better than anybody I’ve ever seen.

I know the guy who brought this suit personally. Damn near worked for him years ago. What a dick. His entire business, hundreds of millions of dollars, is shady as fuck.

Another domino from the Chevron decision falls.

I still predict that the entire tax code will be up next as it’s driven by regulations written by the department of the Treasury. You know, a federal agency, and those no longer have any legal authority.

Geez.

I KNEW I shouldn’t have bought that knockoff writer’s handbook off temu!

(It’s the Internet. I’ll play with words on a meaningless and anonymous platform with no business or academic standards any damn way I please)

He can dish it but not take it

Dish meet take

I didn’t wake up this morning with the knowledge that I’m about to move to Pennsylvania and convert to being Amish.

Am too, but YOU are!

Note: I didn’t encounter a paywall on this one so apologies if you do.