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Did he do anything illegal? Good on him for buying what he wants. Envy just eats you up inside.
I would rather an American biy property than some of the dodgy Russian Oligarchy who now seem to own so much property. Arabs have also tended to buy big properties in places such as London and NYC.
Those who in fact did read the linked article would have noted that this guy isn't exactly hoarding his wealth. He's spending it on real estate, collectible art and distributing it among a number of charitable causes (among many, many other things, no doubt.) This guy is a one-man economic powerhouse. Frankly...he's more valuable to his fellow man doing what he's doing than a hundred governments full of slavering socialist bureaucrats who pretend to care about the downtrodden taxpayer by ripping them off via confiscatory taxation.
Free enterprise is a magnificent thing, indeed.
He is a globalist like many billionaires.
He has homes all over the world.
He made his money selling out this country.
Why stick up for globalists?
They SHOULD get rid of the carried interest loophole tho. That is how he made most of his money... Hedge funds.
Hedge funds are not per se bad. (They can be if used for bust outs.) Hedge fund managers, however, should pay full rate income tax unless their work is TRULY venture capitalism.
They SHOULD get rid of the carried interest loophole tho. That is how he made most of his money... Hedge funds.
Hedge funds are not per se bad. (They can be if used for bust outs.) Hedge fund managers, however, should pay full rate income tax unless their work is TRULY venture capitalism.
I would be ok with this.
Venture Capitalist build things in this country.
The Hedge Fund Managers produce nothing and take from others that did produce something.
But more importantly, the wealth generated should be from supporting this country and not from globalist endeavors that harm this nation.
They SHOULD get rid of the carried interest loophole tho. That is how he made most of his money... Hedge funds.
Hedge funds are not per se bad. (They can be if used for bust outs.) Hedge fund managers, however, should pay full rate income tax unless their work is TRULY venture capitalism.
The Carried Interest thing is intentional part of the tax code.
Trump promised to eliminate it as a part of his tax reform.
Then he changed his mind- promise broken.
The reform did not eliminate it. Rather it requires holding profit for three years instead of one.
The tax code favors both very high and very low income earners.
Citadel is headquarter in Chicago and has offices in NY, San Francisco, Dallas, Greenwich,Houston,Boston, Raleigh, London, Hong Kong, Shanghai,Dublin and Toronto.
It directly employs 1400, worldwide and likely as many on a contract basis.
He is a globalist like many billionaires.
He has homes all over the world.
He made his money selling out this country.
Why stick up for globalists?
Endless definitions of “ globalist”.
Profiting from global strategies and investments is not the same thing as the extreme perception of advocating for a world without borders.
Not clear what you mean by “ selling out his country”.
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