U.S. Senate Democrats on Tuesday blocked a Republican effort to win quick approval for a bill providing emergency aid to Israel that passed the House of Representatives last week, but that provides no assistance for Ukraine's war against Russia.
There should be a tax on stock. Not when sokd, not on dividends. On stock that’s stockpiled. 1% of the current rate per share per quarter.
By the time you are 65, it is suggested to have built up enough investments that you can withdraw 5% annually and cover all your expenses. If you need to cover $40k in annual living expenses, that is $800k in built-up investments for retirement. A 1% tax on that per quarter is an annual $32k tax on this middle class individual. That’s a devastating level of taxation that completely kills any possibility for middle class people to invest for retirement.
Wanna gamble? Pay the fucking price. I don’t give two shits about anyone’s dividends. I literally couldn’t care less.
You’re deliberately ignoring what I said, and basing these percentages on some average that means nothing. And you know I’m not talking about Average Blue Collar Joe’s “investments.” I’m talking about multi-multi millionaires and billionaires. They want to be obscenely, disgustingly, filthy rich and bribe politicians in our society? Fucking pay.
By the time you are 65, it is suggested to have built up enough investments that you can withdraw 5% annually and cover all your expenses. If you need to cover $40k in annual living expenses, that is $800k in built-up investments for retirement. A 1% tax on that per quarter is an annual $32k tax on this middle class individual. That’s a devastating level of taxation that completely kills any possibility for middle class people to invest for retirement.
Wanna gamble? Pay the fucking price. I don’t give two shits about anyone’s dividends. I literally couldn’t care less.
You’re deliberately ignoring what I said, and basing these percentages on some average that means nothing. And you know I’m not talking about Average Blue Collar Joe’s “investments.” I’m talking about multi-multi millionaires and billionaires. They want to be obscenely, disgustingly, filthy rich and bribe politicians in our society? Fucking pay.
#fuckyourdividends