At least it is, according to our government. They have placed a trigger warning on our Nation’s founding documents.
Anti American left
There you go again
The Democrats are proposing a new tax (what else is new?) and are lying about who will pay it. (again) They are claiming that billionaires are using this magic method to avoid paying capital gains taxes. What is the magic method?
They don’t pay capital gains tax until they actually have capital gains to tax.
When you buy an asset and sell it for more than you paid, the difference is called a capital gain. There are two types of capital gains: long term, and short term. A short term capital gain is one where the asset was held for less than a year. Short term gains are taxed the same as income. A long term capital gain is for an asset held longer than a year, and is taxed at a lower rate than is ordinary income.
As anyone who has ever bought and sold anything should know, the value of anything you own will fluctuate with the market. If I own a classic car, say a 1965 Mustang, it could have a “value” that changes from year to year. That value is purely theoretical until I actually sell it. If I look up my car and see the profit I could make on that car, that profit is called an unrealized gain, and it only exists on paper. Once I sell and actually make money on the car, it becomes a realized gain.
What the Democrats want to do, is tax people on the unrealized gains that they have on assets that they own. They claim that people who own assets that have increased in value, but haven’t paid capital gains taxes on, is some kind tax dodge. They are ignoring the fact that an asset may be worth less one year than it was the year before. They are also trying to claim that only billionaires do this.
“No nurse or firefighter or teacher in America can play those games,” said Wyden. “They pay their taxes with every paycheck and are rightfully outraged when they read about the wealthiest few paying so little while they are working hard to make ends meet.”
This is the big lie. My wife bought the house we live in twelve years ago. The purchase price was about half what Zillow says it is worth now. If we were to sell it, the profit would be a capital gain. The democrat proposal would have us pay taxes on that “profit” every year- even if we didn’t sell. The fact that we don’t do that now isn’t some dodge that only billionaires use- every homeowner in America is going to get hit by this proposed tax.
Government
Waste of time
The Federal Trade Commission has opened a Federal investigation into why McDonald’s ice cream machines are broken so often. It’s nice to know that the US doesn’t have any other pressing issues.
COVID
Here it comes
I posted the story about how the left thinks that kids can and should be vaccinated over their parents objections, and here comes Pfizer, saying that their vaccine will be approved for children by the end of the year.
Government
But it’s their culture
Young Afghan girls have been forced into marriages in order to escape Afghanistan after the Taliban takeover. Intake staff at Fort McCoy reported multiple cases where young girls were presented as ‘married’ to much older Afghan men, as well as polygamous families. Afghan girls at a transit site in Abu Dhabi have alleged they have been raped by older men they were forced to marry in order to escape Afghanistan.
Police State
A tempest in a teapot
Remember the guy who yelled at an MSNBC reporter? He was arrested by a US Marshals task force in Ohio. They congratulate themselves on arresting a “violent fugitive.” Calling him violent is a stretch. All he did was yell at the reporter. There is no evidence that he ever touched the reporter.
Even so, all of the charges against him are misdemeanors. He wasn’t even a fugitive unless they can prove that he was aware of the charges and was fleeing the state to avoid them. I can’t believe that these charges merited an entire Federal task force to catch him. From the US Marshals’ own webpage:
The purpose of regional fugitive task forces is to combine the efforts of federal, state, and local law enforcement agencies to locate and apprehend the most dangerous fugitives and assist in high profile investigations.
This is ridiculous. So the US Marshals are saying that this guy is one of the most dangerous fugitives in America? Of course not.
Anyone on the right who challenges the left is going to be placed in the gulag. Maybe the cops SHOULD be defunded.
Military
Secrets
The Commander of Fort Dix has issued an order (pdf warning) prohibiting any release of any pictures of the refugess and the CAMPS where they are being kept.
Police State
Lindell is an unperson
January 6 protester is returning to jail because he listened to Mike Lindell, who they refer to as “one of the most prominent and prolific proponents of the election fraud conspiracy theories and lies” surrounding the January 6 protest.
I truly believe that the rally planned for September 18 will see some huge event that will be used to result in a nationwide crackdown. January 6 was the Reichstag fire. The COVID lockdowns were, and continue to be, our Krystalnacht. We are rapidly sliding towards a complete collapse of the Republic.
Military
Purging the military
This Marine corporal refused both the vaccine and wearing a mask, citing religious grounds, and got kicked out of the Corps. Now I know the article appears to be an attack on anti jab and anti mask people, but read between the lines.
They claim that she disobeyed two different orders, so kicking her out wouldn’t be an issue. Nonjuducial punishment for violations of Article 92 of the UCMJ and give her a General discharge under other than honorable conditions. The military does it all of the time for drug use and used to do it for homosexuals. The whole process takes about 6 weeks.
But that isn’t what happened here. Instead, she was given a nonpunitive general discharge under honorable conditions. The entire episode took a week. For those of you unfamiliar with the military, this is blindingly fast. Discharging means a complete physical, including ear, eye, and dental exams. Returning all issued gear and signing out of a command typically takes at least three days.
It is my belief that this happened so quickly because the powers that be are trying to empty the military of anyone to the right of Joseph Stalin. The COVID issue is a great litmus test for getting rid of those pesky rednecks who cling to quaint, outdated things like the Constitution.
They are prepping a military that will obey ANY order given. I wonder why?
Police State
Don’t stop the propaganda
The man who interrupted an MSNBC reporter during a fake news broadcast is now facing criminal charges.
He is being charged with two counts of simple assault, one count of disturbing the peace and one count of violating an emergency curfew. We can’t have people challenging the anointed class while they are delivering the king’s message. People might get the idea that they are free, or something.