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Incredulity

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Everything posted by Incredulity

  1. The IRS is absolutely concerned if a family business is sold below fair value. Anything that isn't arms length is going to get scrutiny.
  2. yup, I'm the one with no business accumen. LOL. What do you thing the IRS does when they audit a return that includes a sale or transfer of a privately held business?
  3. You are 100% wrong. There has been no discussion of excluding private businesses and assets.
  4. family held means private. as in NOT publicly traded. LOL. ok.
  5. Family held medium size businesses having to pay taxes on asset and business appreciation annually will lead to a massive wave of forced sales. Who do you think those assets get sold to?
  6. what a coincidence, "Subsidy by the Unborn" is the name of my thrash metal band.
  7. It looks like its actually Frigidaire is Electrolux. I did ZERO research as it was pretty much take it or leave it being directly in the middle of shortages. They cost more than I really wanted to pay, but I appear to have lucked into quality. Again a bit low on run time, but they clean and dry really well and have had no hiccups.
  8. Start of the fall semester should be interesting too.
  9. We went through Samsung, LG, and Maytag in about 15 years. Had the best luck of those 3 with Samsung. Ended up with Electrolux when the Maytags shit the bed during the great appliance shortage. They were expensive and came from a local dealer not a box store, but have been great for the last 3 years. Not a huge timeline, but haven't had any issues yet. **knocks wood
  10. More than doubling of cap gains rate is, “a few extra percentage points of taxes”. what a fucking clown
  11. To the thread title, wouldn’t the most effective use of shower water be for everyone in a household to shower all together?
  12. it's kind of perfect that WSU's Cougar looks drunk. Pullman/Moscow can absolutely get it done in regards to drunken shenanigans
  13. don't hoard those paint chips, fuel for hard work right there. Its a joke in regards to the posters who have denied inflation and pumped "job creation" in the last 48 or so months. just being snarky/surly
  14. Well, it's a well known fact, Sonny Jim, that there's a secret society of the five wealthiest people in the world, known as The Pentavirate, who run everything in the world, including the newspapers, and meet tri-annually at a secret country mansion in Colorado, known as The Meadows. fify
  15. I think he is referring to the time period immediately preceding implementation.
  16. There is not discussion AFAIK of the change in cap gains rates only applying to 100M.
  17. Parcel shipping economics have been a disaster over the last years. Both FedEx and UPS are at capacity, understaffed and have literally ran out of fucks to give. Line that up with a consumer who has been trained to expect nearly immediate delivery for free and enshittification is inevitable.
  18. https://www.cnbc.com/2024/08/19/california-retail-crime-laws-crack-down-on-organized-rings.html California Gov. Gavin Newsom has signed 10 new bills into law that aim to combat retail crime in the state. interesting. I was told by some very, very, very smart people on this thread that retail theft was a lie. Odd California would take time to pass legislation to deal with corporate fabrications. hmmm...
  19. Yes. Removing 840K over the last 12 is a huge fucking problem. Both in real terms and as it relates to the governments ability to monitor(and make decisions about) economic reality.
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