To those who thinks that $1mil is a lot: it sounds like lot, but...
This is the crux of my issue. As someone sitting on a pile of coin, and retired, why the fuck would I have any incentive to sell corn under those absolutely retarded proposed tax rates?
TBH, and I don't want to sound like a total dick-bag or anything, but every time I sell, $1M is the bare minimum I dump at any time, and cruise on it until I need more. I'm fucking stupid that way. Sue me.
I hope you can appreciate why this proposed increase twists my panties up a little bit. I mean, if this means I just need to sell <$1M USD per year, then so be it, but it's just ridiculous, in that it promotes hodling by us hardcore folk.
Having said that, I'm sure the time will come in the next 5 years, where I decide to buy up the parcel of 100 acres next to us, and erect a proper Citadel, complete with a goddamn lava-filled moat, fed via drilling into the recesses of our mantle, in a rather impressive engineering feat for Bumfuck, TX.
Hopefully Biden is out of office by then, and whatever retarded tax "reforms" he may ram-jam through get repealed.
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I'm sorry. I would, but the account is low-key linked to my meatself, and would be an egregious violation of my own opsec.
