Capital Gains Tax should be raised to 90% (regulations, transaction, agent)
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"That’s just not going to happen, and it’s not going to happen for three really good reasons: One, it is very expensive. Two, it is very dangerous to do it first. Three, there is essentially no return on that investment that you’ve put in for having done it first. So if you’re going to bring in investors or venture capitalists and say, "Hey, I have an idea, I want to put the first humans on Mars." They’ll ask, "How much will it cost?" You say, "A lot." They’ll ask, "Is it dangerous?" You’ll say, "Yes, people will probably die." They’ll ask, "What’s the return on investment?" and you’ll say "Probably nothing, initially." It’s a five-minute meeting. Corporations need business models, and they need to satisfy shareholders, public or private."
"For example, let’s just take the iPhone. The iPhone was not something that was invented in Apple’s labs. The iPhone has a touchscreen — well, Apple didn’t invent the touchscreen, the touchscreen was invented by an NSF grant to the Library of Congress for their visitor program. The iPhone can tell you where you are on the Earth’s surface — well those are GPS satellites, launched by the military, now a highly commercialized role, initially only a military role — but Apple did not invest in these satellites to make its iPhone find where you are on Earth. So who would’ve thought you could take these things, put them together, and have that become your product."
But what right does someone who no longer lives there have to dictate its successor, especially if you can't live there.
A vacant house is a free house, no property claims can change that.
My parents GAVE ME THEIR HOUSE. The fact that you cannot grasp that very basic transaction shows how far off the rails your train has gone. You’re in the woods dude. Wacko.
"That’s just not going to happen, and it’s not going to happen for three really good reasons: One, it is very expensive. Two, it is very dangerous to do it first. Three, there is essentially no return on that investment that you’ve put in for having done it first. So if you’re going to bring in investors or venture capitalists and say, "Hey, I have an idea, I want to put the first humans on Mars." They’ll ask, "How much will it cost?" You say, "A lot." They’ll ask, "Is it dangerous?" You’ll say, "Yes, people will probably die." They’ll ask, "What’s the return on investment?" and you’ll say "Probably nothing, initially." It’s a five-minute meeting. Corporations need business models, and they need to satisfy shareholders, public or private."
"For example, let’s just take the iPhone. The iPhone was not something that was invented in Apple’s labs. The iPhone has a touchscreen — well, Apple didn’t invent the touchscreen, the touchscreen was invented by an NSF grant to the Library of Congress for their visitor program. The iPhone can tell you where you are on the Earth’s surface — well those are GPS satellites, launched by the military, now a highly commercialized role, initially only a military role — but Apple did not invest in these satellites to make its iPhone find where you are on Earth. So who would’ve thought you could take these things, put them together, and have that become your product."
And that’s the conclusion you come to when you don’t understand what a capital asset is.
No.
“Capital assets are significant pieces of property such as homes, cars, investment properties, stocks, bonds, and even collectibles or art. For businesses, a capital asset is a type of asset with a useful life longer than a year”
What I claimed and my link back themselves up perfectly. I’m the only one on this thread providing evidence.
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