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Old 12-28-2021, 03:04 PM   #56
Jim in CT
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Join Date: Jul 2008
Posts: 20,428
Quote:
Originally Posted by PaulS View Post
And if he decided not to sell stock how much would his tax bill had been? Actually it's my understanding that's his 2021 tax bill, so how much in taxes did he pay the year before when he was so rich that when he finally decided to sell his stock and pay capital gains he incurred an 11 billion dollar tax?
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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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