10baggerbamm
GreenDay
:
100%, you're right and you know why you listen to this clown and he sits there on TV saying Harris is going to be good for the economy and businesses.. you regurgitate the same line and every time he does he's looking down on his feet so he's being told what to say by the producers of the show and the owner of the station because anybody with half a brain understands her policies hurt businesses just look what they're doing with doj to Google to Apple to Nvidia and this is the tip of the iceberg .
MonkeyGee
10baggerbamm
:
Harris is going to collapse the stock market. all those F idiots who are going to vote for her, thinking she is going to punish the rich. who do you think is going to get hurt if you take billions from the rich? They just cut jobs to get back what they lost.
10baggerbamm
MonkeyGee
:
imagine every pension plan every IRA every individual account corporate account that owns stock and from one quarter to the next the stock increases. what does this mean well when you own a business you're required to file quarterly reports for taxes and you have to project forward your best quarter and annualize your growth and your profits based off of that best quarter and you're required to pay an estimated tax on your forward projections of your best quarter. so if this is what they do for businesses and this is how legitimate business operates and functions then this is what ultimately will trickle down to this 44% tax on securities that you own and you have not sold. so if you own stock it goes up 25% in a quarter and you choose to hold it you're going to be paying 44%, so you stroke a check or it's automatically deducted from your account because that's where it would go they can't trust you so it would automatically be debited by The brokerage company against your account.
10baggerbamm
MonkeyGee
:
pt 2 of course this could be circumvented by requesting stock certificates which cost you $500 a piece now and several months to obtain but I think that will happen in short order if it's not already happening that people are going to start spending the money to take physical possession of the certificates and just Chuck them in the safety deposit box because you don't want to pay taxes on unrealized gains) so now they take 44% and day one of the second quarter that company misses earnings and the stock goes down pick a number 30%, we've all seen it 20%, how are you going to get your money back you got to wait till the end of year to file cuz I'm pretty sure it's a check valve and it's a big suck out of your account and you got to wait till the end to reclaim to get back. can you imagine the devastation because everybody's bought stock it's going up it's going down it's what happens right.. so now you buy stock it goes up your tax 44% on unrealized gains now they miss the earnings their guidance it goes down dramatically but the problem is you have less assets in your account to work with now because they took the 44% and now you're selling that position at a loss so you know how difficult it's going to be to make back where you started from when you just had a big money suck out of your account by 44%. the S&P would go down across the board probably close to 25% in a year conservatively same with the NASDAQ the Dow because it's just not you the companies themselves are going to have a much higher capital gains tax to pay so that means they're going to have much lower profits which means they're stock valuations are actually higher if they stay at the same level cuz their profits will go down so they have to be marked down accordingly. her approach is a complete disaster and a train wreck anybody with a half a brain can see this a mile away
MonkeyGee
10baggerbamm
:
like always, I don't think they have think it through. if you think Bidenomic is crazy wait till you see Harrisnomic. Having an attorney figure out economic. maybe the 50% spy drop will come true.
10baggerbamm : he is useless, his mentality of buy and hold ...own It Don't trade It is a complete and utter failure.
GreenDay : Cramer is leading investors into the abyss.
MonkeyGee : you know this guy works for the SUiTS. he gets retail to buy and they dump!
10baggerbamm GreenDay : 100%, you're right and you know why you listen to this clown and he sits there on TV saying Harris is going to be good for the economy and businesses.. you regurgitate the same line and every time he does he's looking down on his feet so he's being told what to say by the producers of the show and the owner of the station because anybody with half a brain understands her policies hurt businesses just look what they're doing with doj to Google to Apple to Nvidia and this is the tip of the iceberg .
Joe_theMan MonkeyGee :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
MonkeyGee 10baggerbamm : Harris is going to collapse the stock market. all those F idiots who are going to vote for her, thinking she is going to punish the rich. who do you think is going to get hurt if you take billions from the rich? They just cut jobs to get back what they lost.
10baggerbamm MonkeyGee : imagine every pension plan every IRA every individual account corporate account that owns stock and from one quarter to the next the stock increases. what does this mean well when you own a business you're required to file quarterly reports for taxes and you have to project forward your best quarter and annualize your growth and your profits based off of that best quarter and you're required to pay an estimated tax on your forward projections of your best quarter. so if this is what they do for businesses and this is how legitimate business operates and functions then this is what ultimately will trickle down to this 44% tax on securities that you own and you have not sold.
so if you own stock it goes up 25% in a quarter and you choose to hold it you're going to be paying 44%, so you stroke a check or it's automatically deducted from your account because that's where it would go they can't trust you so it would automatically be debited by The brokerage company against your account.
10baggerbamm MonkeyGee : pt 2
of course this could be circumvented by requesting stock certificates which cost you $500 a piece now and several months to obtain but I think that will happen in short order if it's not already happening that people are going to start spending the money to take physical possession of the certificates and just Chuck them in the safety deposit box because you don't want to pay taxes on unrealized gains)
so now they take 44% and day one of the second quarter that company misses earnings and the stock goes down pick a number 30%, we've all seen it 20%, how are you going to get your money back you got to wait till the end of year to file cuz I'm pretty sure it's a check valve and it's a big suck out of your account and you got to wait till the end to reclaim to get back. can you imagine the devastation because everybody's bought stock it's going up it's going down it's what happens right.. so now you buy stock it goes up your tax 44% on unrealized gains now they miss the earnings their guidance it goes down dramatically but the problem is you have less assets in your account to work with now because they took the 44% and now you're selling that position at a loss so you know how difficult it's going to be to make back where you started from when you just had a big money suck out of your account by 44%.
the S&P would go down across the board probably close to 25% in a year conservatively same with the NASDAQ the Dow because it's just not you the companies themselves are going to have a much higher capital gains tax to pay so that means they're going to have much lower profits which means they're stock valuations are actually higher if they stay at the same level cuz their profits will go down so they have to be marked down accordingly.
her approach is a complete disaster and a train wreck anybody with a half a brain can see this a mile away
MonkeyGee 10baggerbamm : like always, I don't think they have think it through. if you think Bidenomic is crazy wait till you see Harrisnomic. Having an attorney figure out economic. maybe the 50% spy drop will come true.
MonkeyGee 10baggerbamm : They will create a run for stock (bank) event. than people will realize that all those shares are fake numbers.