• 10 Posts
  • 259 Comments
Joined 1 year ago
cake
Cake day: June 25th, 2023

help-circle




  • Mostly yes.

    You get people selling off companies or several depreciated rental properties, and they get hit with the tax and can’t get out of it.

    There are some circumstances that they can manipulate though. When the stock market crashed in 2008, people sold off at enormous realized losses, sat on the cash for thirty days to avoid the wash rule, and bought right back in at the same low prices.

    That created years worth of carried over losses that enabled them to recognize capital gains at zero tax.

    It’s a reasonably common strategy called loss harvesting.

    Certain flavors of stock options appear to be tax free at time of sale, but this is because the initial grant was deemed W-2 wages and was taxed when it was issued at ordinary income rates.






  • Got_Bent@lemmy.worldtoMemes@lemmy.mlBidet anyone?
    link
    fedilink
    arrow-up
    13
    arrow-down
    7
    ·
    edit-2
    2 months ago

    I mean to tell you that I’m that regular. Once in the morning and I’m done until tomorrow.

    And yes, I wash my body every single day. Are you telling me the paragon of asshole cleanliness that is Europeans doesn’t?

    God Europeans are so eager so shit on all of us. Is it the orange monkey we elected? Is that what did it?






  • I had an Apple ][+ in 1982 and an Apple ][c in 1984.

    Cost less is a relative term depending on application.

    They were cheaper than full business model IBM computers (who hadn’t much entered into the home computer market) but significantly more expensive than other home offerings such as commodore or (shudder) radio shack.