Row 79784

Row ID: 79784 | Dataset Entry | Axioma AXP Content Repository

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> lol the effective capital gains tax rate is like 10-15 percent.

I don't know where you're getting that idea from, but as someone with a CPA license I can promise you it's not.

>And even that’s optimistic once you consider offshoring and other methods to hide wealth. The fact that you actually think corporations pay 39 percent in taxes says everything I need to know about your economic “knowledge”

If the thesis is "taxes are lower if you commit fraud" then sure.

But let me be clear, I do tax consulting, asset management, and economic work for a specific niche of businesses. I don't know what your background is, but I can assure you I'm very well versed on this specific topic, because people pay me a lot of money to help them on it.

>If you pay more than 15 percent on capital gains, you might just be stupid

I'll be blunt, either you're talking out of your ass and hoping nobody here is well versed on this subject, or you should be ripping a 7 figure income consulting people on tax savings. I'll guess it's not the latter.

FieldValue
text > lol the effective capital gains tax rate is like 10-15 percent. I don't know where you're getting that idea from, but as someone with a CPA license I can promise you it's not. >And even that’s optimistic once you consider offshoring and other methods to hide wealth. The fact that you actually think corporations pay 39 percent in taxes says everything I need to know about your economic “knowledge” If the thesis is "taxes are lower if you commit fraud" then sure. But let me be clear, I d…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-24
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Raw Record

{
  "text": "> lol the effective capital gains tax rate is like 10-15 percent.\n\nI don't know where you're getting that idea from, but as someone with a CPA license I can promise you it's not.  \n\n>And even that’s optimistic once you consider offshoring and other methods to hide wealth. The fact that you actually think corporations pay 39 percent in taxes says everything I need to know about your economic “knowledge”\n\nIf the thesis is \"taxes are lower if you commit fraud\" then sure.  \n\nBut let me be clear, I do tax consulting, asset management, and economic work for a specific niche of businesses.  I don't know what your background is, but I can assure you I'm very well versed on this specific topic, because people pay me a lot of money to help them on it.  \n\n>If you pay more than 15 percent on capital gains, you might just be stupid\n\nI'll be blunt, either you're talking out of your ass and hoping nobody here is well versed on this subject, or you should be ripping a 7 figure income consulting people on tax savings.  I'll guess it's not the latter.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-24",
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}
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