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hornmpa96

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  1. We already have a good example of the impacts of tariffs from the first Trump administration with washing machines. He imposed a 20 to 50% tariff on residential washing machines in his first term. The tariffs expired in 2023. Immediately after imposing the tariffs, the price of US made washing machines increased greater than the overall rate of inflation. Samsung and LG ultimately ended up putting a couple of plants in the US creating approximately 2,000 jobs. When the tariffs expired in 2023, the price of washing machines decreased. One study estimated that each new job created by the tariffs cost American consumers $815,000.
  2. This eliminates the first 2 choices. Fairly certain the Mormons check your 1040 to verify your tithe was at least 10%.
  3. I’m not sure he gets confirmed. They can only lose 3 Rs assuming that all of the D senators vote no. He’s a pro-choice legacy Democrat. I’m most likely going to be disappointed when the 20 R Senators who know RFK has no business in this role flip coins to see who gets to cast the 3 no votes allowing the couch fucker to break the tie.
  4. Totally agree with this - Grilling backstrap is my goto and I never let it get above 130 degrees. Medium rare blackstrap with a baked potato always hits the spot.
  5. To add to the 2 posts above, corporate dividends are effectively subject to double-tax. To get dividend treatment at the individual level, the payor needs to be a corporation which is subject to tax itself. There are games to be played with respect to tax-free returns of basis but the business-owner described above utilizes an entity taxed as a new partnership to avoid this double-tax (generally).
  6. I just sold NVDA puts with $100 strike. Also sold AVGO puts with a $170 strike.
  7. At yesterday’s valuations, lots of folks were looking for any reason to sell some of these names at a profit. After a few days, the froth will start to come back because FOMO. Also, are people really going to park money in bonds?
  8. Shocked that they completed the comeback. Amazing finish.
  9. Ken is always looking in 2 different directions.
  10. Become an officer in a Fortune 500 company that is ultimately purchased and you can have that W2. Then hope your company grosses up for the damn golden parachute tax so you don’t lose half of it to the government.
  11. Jeff Yass’s check cleared.
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