breetai

@breetai@lemmy.world

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6 Reasons So Many Movies Are Struggling At The Box Office In 2024 ( screenrant.com )

With ticket sales down and newly released movies hitting streaming and video-on-demand (VOD) services in record time, it's not surprising that films are struggling to make it big in theaters. For comparison, 2015's Mad Max: Fury Road grossed a whopping $45 million over a non-holiday opening weekend, which ultimately led to an...

breetai ,

Too much low quality content.

breetai ,

Trump has a good chance of winning. Biden isn’t doing well in polls and Kennedy is stealing votes from Biden.

breetai ,

If Kennedy was a decent man, he’d pull out.

This is a close race and I think he’s pulling from Biden. I’ve heard he pulls from Trump but I don’t want to believe that.

breetai ,

Polling has shown he’s taking votes from Biden mostly.

breetai ,

Latino doesn’t mean Spanish speaking. That’s Hispanic.

While Spanish is the largest language. It’s not the only language.

breetai ,

https://en.m.wikipedia.org/wiki/Latino_(demonym)

The masculine term Latino (/ləˈtiːnoʊ, læ-, lɑː-/),[1][2] along with its feminine form Latina, is a noun and adjective, often used in English, Spanish, and Portuguese, that most commonly refers to United States inhabitants who have cultural ties to Latin America.

breetai ,

This is easy to solve. Count the loans as ordinary income. Problem solved.

breetai ,

Capital gains is much lower and doesn’t pay into SS, Medicare, etc.

breetai ,

Exclude students loans and anything tied to an asset. These are unique loans only offered to the super wealthy or since there are equity based loans, just tax equity based loans

breetai ,

No.

That rich get loans that basically last their lifetime. They are income replacement. They are not tied to home, a car, etc.

They are just avoiding taxes.

I don’t blame them. It’s smart.

It’s why politicians need to eliminate it.

breetai ,

No it’s not. They are not buying an asset with. It’s sometimes back with with an asset as collateral but it’s not tied to an asset. The loan isn’t taken out to buy a home. It’s taken out as living expenses.

It’s why a consumption tax would fuck the rich.

breetai ,

Have a flat tax based on brackets.

5% for x income
10% for x income
Top out at 30-40%

Problem solved

breetai ,

A 30% flax tax is higher than the mythical 90%.

The 90% range had so many deductions only 1 person hit it and even then it’s only on the income that exceeds that limit.

A 30% flat tax with no deductions is much more brutal to income but it’s fair.

breetai ,

I didn’t exclude that from my comment.

One of the differences is with a heloc you have to make payments. The loans Elon gets for example don’t have payments.

They can live this way for years.

I’m not opposed to rich people. I’m opposed to gaming the system.

breetai ,

I can’t support that. I myself once had 20 million in stock options but couldn’t sell it. By the time I could sell it, it was worth zero. Yet you in your system I would have paid taxes on it.
Stock fluctuates in value to much. We just need way to force them sell the stock and then tax the stock as ordinary income.

breetai ,

Flat means no deductions and an equal pay. It can still be done against brackets and be a flat tax.

No brackets work with credits and deductions. Someone with 100k in income could pay zero in taxes. A flat tax makes them pay taxes by removing deductions.

Personally I’d rather see a consumption tax but that freaks most people out.

breetai ,

Taxes are not supposed to be painful. They are supposed to be fair and fund the government. Painful taxes just causes avoidance.

breetai ,

Well if I had to pay unrealized gains I’d have zero but have to pay taxes on 20 million.

It’s why we don’t do it. It would be overly complicated.

breetai ,

It’s however the law wants to define it. All the bills I’ve seen pushed are a flat rate with no deductions.

Have you seen anyone propose a flax tax with deductions? I have not.

https://www.investopedia.com/terms/f/flattax.asp#:~:text=Key%20Takeaways%201%20A%20flat%20tax%20applies%20the,sales%20tax%20are%20a%20type%20of%20flat%20tax.

Employing a flat tax means that taxpayers cannot take deductions or exemptions.

breetai ,

That’s my point. They were worth 20 million. Due to legal restrictions I couldn’t sell. As such I would have to pay taxes on 20 million. When I could sell they were worth zero.

So I would have ended up negative.

breetai ,

I’ve never heard deductions being allowed. Maybe a few but for the most part it’s about an equal rate across everyone or at least a few small brackets.

Different plans define income differently. If we are trying to fix the astern income should be everything. Selling an investment home, dividends, selling stocks, w2. Etc.

breetai ,

Tax avoidance isn’t a crime.

Do you use deductions on your 1040? That’s tax avoidance.

breetai ,

It was part of my compensation. It didn’t cost me anything.

It’s naive to think we will ever tax unearned income. Not only is it against the law, it would destroy everyone.

breetai ,

What he is saying your home is an unrealized gain which is true.

While we pay property taxes they are a small percentage and based on the tax value and not the fair market.

While not a fan of property tax they at least directly impact you by providing value to your local area. Why I don’t bitch much about property taxes. I’d rather pay those than federal taxes.

breetai ,

Shit. It may have been but you don’t talk about it. Much less brag about it. That’s a weird story to tell to get people to like you.

breetai ,

It’s her story. So who knows if it’s true? I’ve had to put animals down. Most of us have. It’s not something you turn into a story to tell people. It’s a painful experience for most people.

The way she’s telling it. It makes me think less of her.

breetai ,

They are trying to grab any business. I work with many companies and I’ve yet to see any actively using gcp. I know a few planning to move data there but Google is throwing a ton of resources at them.

Azure and Aws are where most are located.

breetai ,

Sounds like they didn't get any complaints either.

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