Quote:
Originally Posted by Jim in CT
if he didn’t sell the stock, he’d have no taxable income come. therefore he’d pay nothing. which his what the law says.
Paul, Warrens party controls the federal government. if the current system is bad, what’s stopping them
from fixing it?
you voluntarily paying federal income tax on your unrealized gain from your house and car being worth more today?
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I paid income tax on my income which I have no way to decide how much income I will recognize. Elon Musk chooses how and when he will recognize that income. In the past he has paid little to no taxes in many years yet he can lead a lavish lifestyle if he chooses based the tax code that is what she is talking about.
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