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1
G-d bless whoever set this up.  Truth.
2
So your example of paying capital gains on a 10% increase in your home is not true. You was the one who made that up.

So now you're intentionally being obtuse.  The example given was based on the ProPublica premise.  It was a hypothetical.  But then you knew that already.


And I posted multiple places how the billionaires pay very low taxes through loopholes

Based on an imaginary tax law that is not based in reality.


and you  have yet to show an actual link where Bezos is paying a 40% tax

And you have yet to show an actual link where he is not.  Let's keep in mind that YOU are the one offering that premise, not me.  I already showed you what the law says.   Anyone in the top tax bracket is paying over 40%.  That's the law.  To suggest otherwise is delusional.


even though the taxes Bezos paid from 2010 to 2018 is on the net and not close to 40% but between 1.8% and 3.5%

Based on an imaginary tax invented by ProPublica.  But don't take my word for it.  Read the damn articles you posted yourself.  I know someone at DU supplied you with those links.  But at least have the integrity to read them yourself before you start parroting incomplete nonsense from them.  Again, this came from YOUR article.


I am done you can have the last word

Yeah, it sucks when 'truth' gets in the way of your emotional needs.
4
Well...

The poor judgement was putting it in a book.

People who have never been around a ranch or a farm are clueless of the realities of how the real world works.

The kind of idiots that think you shouldn't kill animals for food because you can buy meat at the supermarket.
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This story encapsulates everything that is stupid about American politics these days.
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The word "unrealized" appears 18 times in this thread.  How is it that you have yet to see it?

So your example of paying capital gains on a 10% increase in your home is not true. You was the one who made that up.

And I posted multiple places how the billionaires pay very low taxes through loopholes and you  have yet to show an actual link where Bezos is paying a 40% tax  even though the ACTUAL taxes Bezos paid from 2010 to 2018 is on the net and not close to 40% but between 1.8% and 3.5% give or take a few percentage points and I believe he paid zero taxes for a few of those years and even got back child tax credits

I am done you can have the last word

I can't wait to tell my CPA accountant who deals with high end clients that Bezos is paying 40% tax rate. Maybe I will not tell her. She might die from laughter
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The word "unrealized" appears 18 times in this thread.  How is it that you have yet to see it?
9
@banddag

Here is what YOU posted:

Quote
To capture the financial reality of the richest Americans, ProPublica undertook an analysis that has never been done before. We compared how much in taxes the 25 richest Americans paid each year to how much Forbes estimated their wealth grew in that same time period.

We’re going to call this their true tax rate.


https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax

An analysis that has never been done before?  Their true [sic] tax rate?  Again, let's stick with reality, shall we?
10
Exactly.  So why are you pretending otherwise by buying into that ProPublica bullshit?


Link please to what Pro Publica said regarding this-capital gains on a house that increases 10% in value.
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