I should also mention that Senile Joe is retarded.

Quote from: Lokmar on April 29, 2024, 05:59:57 PMYou stupid fuckers should have assassinated that cunt years ago!!!

Sweet Jeebus! 50% tax outright? OFF WITH HIS HEAD!!!!! 67%? Best get to it quicker!!!

That video is misleading.

Historically, Capital Gains have only been taxed at 50% of the rate as regular income.  So if you made $X in Capital Gains, you were taxed as if you have regular income of $X/2.  Say your marginal tax rate was 30%.  This would mean the effective tax rate on Capitals Gains was 15%.

This new rate of 67% is only applied on Capital Gains realized over $250K.  Anything before that is still taxed at 50% of the tax rate you will pay on regular income.

In my province, the highest marginal tax rate (for provincial plus federal income tax) is 46.16%.  So the most a person will pay on Capital gains is 23.08% on the first $250K, and 30.92% on the amount over $250K.


Make sense?

Quote from: JOE on April 29, 2024, 04:40:18 PMThis...

....announcing a huge tax increase of any kind right before an election?

C'mon, get real Liberals.

You aint gonna last much longer with policies like that.

That will not affect you, Senile Joe.

It will not affect many people.

Shit, it will only affect me if I have a really good year with my investments.  And it only increase the tax on Capital Gains earned over and above $250,000.

White House silent if anti-Israel protesters will be barred from student loan forgiveness programs

The White House is silent on whether anti-Israel protesters on college campuses nationwide will be barred from college debt relief programs touted by the Biden administration.

Source: White House silent if anti-Israel protesters will be barred from student loan forgiveness programs

All fiat currency is ultimately worthless. Some are just more worthless than others.

Although 'Murica has been weaponizing the dollar for a while now it's only been recently that we've seen direct actions by other nations to remove themselves from 'Murican/western financial systems and abandon the dollar as a reserve currency. That is entirely due to 'Murica's doubling and tripling down on using sanctions, tariffs, asset seizures, etc. as a form of economic warfare and market manipulation.

Our own policies necessitated the rise of BRICS which has yet to really flex its economic impact but has already resulted in a growing number of trades, including for fossil fuels, being paid for in a currency other than the dollar.

Showing data from *before* a massive shift away from the weaponized dollar and saying it proves anything is like showing a photo taken inside a plane just before it crashes and claiming it proves the plane is still flying.

If it looks like copium, smells like copium, and tastes like copium- it's probably copium.

Quote from: JOE on April 29, 2024, 04:40:18 PMThis...

....announcing a huge tax increase of any kind right before an election?

C'mon, get real Liberals.

You aint gonna last much longer with policies like that.

YOu're not understanding the bigger picture yet are you?

Not surprising.

These fuckheads are doing this out in the open because they know something that YOU and the average person like you doesn't. THat this idea YOU have a say and/or choice electing those that lead is just an illusion. They've already got the action plan to get this to retain power NO MATTER what he does.

Quote from: Thiel on April 29, 2024, 09:53:36 PMI lost no family or friends when I came out, though it was not a surprise to most people who knew me growing up. Coming out as a conservative in the gay community has meant being ostracized.

Most of you people are died in the wool progs. Good for you for thinking for yourself.

Quote from: Thiel on April 29, 2024, 09:53:36 PMI lost no family or friends when I came out, though it was not a surprise to most people who knew me growing up. Coming out as a conservative in the gay community has meant being ostracized.

thats what i suspected but i'm sorry nonetheless.... thats rough....

Retail workers and people employed in the food services industry will be replaced by AI as  the ramps up its takeover of the workforce, an expert has revealed.

The dire warning comes amid fears the technology known as generative AI could be rolled out across Australia by the end of this year, leaving thousands of workers displaced.

Research by workplace technology firm Service Now, found that 1.3million jobs will be automated in Australia over the next four years in a major shakeup to the workforce.

Office Support

Admin jobs will be replaced very easily by AI with workers such as secretaries and those who perform clerical duties, to be affected by the technology.

Other roles that will face the brunt of these machine learning tools also include bookkeeping, accounting, payroll, and data entry.

Customer Service and Sales

The retail and sales sector will also be heavily impacted by AI.

Service Now and workforce technology expert Pearson, found that nearly a quarter of retail jobs in Australia will be scrapped due to the technology by 2027.

This amounts to 323,000 full-time workers who will be left jobless, as companies transition to cheaper alternatives.

Food services

Restaurants and fast food chains already use AI technology to take orders from customers and recommend menu items.