Russia, all this time you’ve been claiming Ukraine was yours already and you were just taking it back. If we take you at your word, we’ve been letting Ukraine use US supplied weapons ‘inside Russia’ all this time since 2022. So how is what we’re doing now different? Or are you saying that Ukraine ISN’T yours and you’re there in violation of international law as well as the Budapest memorandum?
Assistant Manhattan District Attorney Joshua Steinglass argued that the value of a “corrupt bargain” between the publisher of The National Enquirer, Trump and his then-personal lawyer Michael Cohen to suppress negative stories about Trump cannot be overstated, and might have been one of the most valuable political contributions ever.
Well, yeah. That and the outrageous failure of the corporate news media to explain the many, many ways trump is unqualified to be president. Nit to mention a demented sociopathic rapist.
They delayed releasing the decision long enough to ensure the lower court couldn’t consider it while there was time. Everything the supreme Court has done is to Trumps benefit because they’re true believers setting up a kingdom for him.
Their reluctance stems, in part, from concerns that the RNC will use the money not to help elect Republicans, but to pay for Trump’s extensive legal fees, sources said.
Ding ding ding!
Republican leaders insist they have no such plans.
Well, that’s believable. Republicans are known for their honesty.
It's all stock assets, so he IS a billionaire, he just cant access those billions unless he liquidates his stock assets.
Ask Elon.
But don't bring up that Elon has the FCC on him for the billions of dollars he has gotten out of banks as loans on the collateral of his stock holdings, all the while everyone knowing that the second Elon starts selling his stock holdings, they plummet, and suddenly that collateral drops from billions of dollars to hundreds of thousands of dollars in value. Because that's how stocks work. But the rich need to have a way to make their worthless existences spend poor people's savings accounts.
It’s all stock assets, so he IS a billionaire, he just cant access those billions unless he liquidates his stock assets.
You didn’t read the article did you, but even without reading it you’d know he’d have to have a huge amount of income for the year (not just stock appreciation) to have a $275 million tax bill.
‘Cuban, who is also one of the stars on ABC’s “Shark Tank,” has an estimated net worth of $5.4 billion and says his tax bill is “almost all long term capital gains,” which almost certainly triggered a federal long-term capital gains tax of 20%.’
Lets assume generously that 100% if that is long term cap gains taxes (which you only get taxed on the sale of assets). In 2023 he would have had to have sold $1.375 billion in stock he’d held for more than one year.
I made a deeper dig at Trump and Musk who are flexing internet stock like there haven't been 10 crashes to show us why Ian and Anthony aren't running for billionaire office this second.
It’s all stock assets, so he IS a billionaire, he just cant access those billions unless he liquidates his stock assets.
Funny, I can’t access the number on my bank account either unless I liquidate that. Sometimes it’s soothing to know even billionaires don’t actually have a Scrooge McDuck style money bin with actual cash in it to swim around in.
A man with stocks as savings he needs to liquidate to use is the same as a raccoon with a giant fluffy cloud of cotton candy who will try to wash it when he finally wants to eat it.
Not sure why you’re being downvoted. Rich people’s net worth is not how much cash they have in their bank account. When you have a lot of money there are countless ways to avoid being taxed on it. The reason is obvious: politicians are part of that rich class and they decide the rules.
Was just listening to an NPR story on this. You could really tell they were toeing the line of just saying “the stock market is bullshit and nothing in it means anything anymore” but not really having the nerve.
The Trump Media conglomerate makes essentially no money. It really doesn’t. Sparse, very few ads. Maybe no subscription service. But it still is massively valued on the stock market basically because a bunch of chuds really like Trump and big investors see it as an easy way to “bet” on who will win the presidency.
The whole thing is a giant spin on the roulette wheel. It’ll either crash and burn or Trump will win and it’ll probably soar into the air again.
At least she is using a skill that touches people in a way that that clearly is special. If she wasn’t a beautiful and sexy woman, it probably wouldn’t work the same way. Still, she is the type of billionaire I don’t mind seeing created. They should be taxed so every billion is exponentially harder to acquire.
same thought. AI will accelerate stupidity and lazyness if done wrong, and a lot of advancement seems to be used explicitly to get it as wrong as possible for profit.
Stupid people are the easiest to manage/rule because they don’t have the tools to figure anything out. Fear and anger works very well on them - ask Putin or the Republican party leaders.
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