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Peter Thiel has a Roth IRA with $5b in it. You: 55% tax rate in CA

https://www.propublica.org/article/lord-of-the-roths-how-tec...
Passionate Stage
  06/24/21
...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
Nothing illegal about this
lascivious temple newt
  06/24/21
no one is saying it's illegal. the whole point of reporting ...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
Yes, we should eliminate Roth accounts for everyone who make...
Obsidian property
  06/24/21
the IQ of this man must be in the 180s
confused red parlour
  06/24/21
Good, taxes are an abomination
swollen step-uncle's house telephone
  06/24/21
...
self-centered light sweet tailpipe resort
  06/24/21
Can I have some crypto? BTC: 3JMyyfz1J7G3kB1WVcmCns54ZBUb...
Umber hyperventilating hell
  06/24/21
People have no idea how large the wealth gap actually is bet...
Opaque trump supporter menage
  06/24/21
Top 1% in intelligence is pretty common though. an average e...
overrated crystalline tanning salon mood
  06/24/21
how is it "pretty common"? by definition it's 1/10...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
meh if you filter for coastal elite, majority young ambitiou...
overrated crystalline tanning salon mood
  06/24/21
sure. i'm sure in the circles most xoxoers float in top 1% i...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
1% of America is 3 million people
confused red parlour
  06/24/21
244,000 metric tons of gold have been mined, yet most people...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
this guy is just a being smug autistic faggot who wants to p...
fragrant chrome point old irish cottage
  06/24/21
To be clear, zero chance he is top 1% intelligence.
titillating faggot firefighter
  06/24/21
Peter Thiel and his associates are in the top 3,000 in Ameri...
confused red parlour
  06/24/21
Common in the sense that it is actually 15-30 percent of the...
startling dilemma
  06/24/21
Is that a bad thing?
lascivious temple newt
  06/24/21
yes
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
Explain
lascivious temple newt
  06/24/21
which part? (money being tax sheltered, the current wealth g...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
Wealth gap pls
lascivious temple newt
  06/24/21
people hoarding resources while dual income college educated...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
...
fragrant chrome point old irish cottage
  06/24/21
"hoarding resources" lol. do you think there is...
confused red parlour
  06/24/21
You're right he's actually broke
Opaque trump supporter menage
  06/24/21
...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
(retarded paper billionaire argument) how can thiel's wea...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
he's HOARDING 5 billion in his basement. he's not investing ...
confused red parlour
  06/24/21
are u a billionaire? what do u get out of making these retar...
fragrant chrome point old irish cottage
  06/24/21
are you a government contractor that needs more tax money to...
confused red parlour
  06/24/21
i think its well established ITT im not thiel and i dont wor...
fragrant chrome point old irish cottage
  06/24/21
what would happen if he sent 3 billion to the IRS?
confused red parlour
  06/24/21
it would go to gov't agencies like the NSA who give peter th...
fragrant chrome point old irish cottage
  06/24/21
lol. 180 and thanks for making my argument for me that the i...
confused red parlour
  06/24/21
if the tax rate was 0 there would be no government and peter...
fragrant chrome point old irish cottage
  06/24/21
Go read up on how Osama was killed. Regardless a fraction of...
confused red parlour
  06/24/21
you got gaped lolbertard
fragrant chrome point old irish cottage
  06/24/21
this is wrong
confused red parlour
  06/24/21
...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
...
Glittery deranged jew partner
  06/24/21
Your “arguments” have been the dumb ones, bro
Passionate Stage
  06/25/21
i'm so sad i used to be a bootlicking lolbertarian faggot li...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
2% of America had refrigerators 70 years ago. by the miracle...
confused red parlour
  06/24/21
(retarded faggot arguing that life is better because we have...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
the supply of homeownership is literally a product of the go...
confused red parlour
  06/24/21
"because the government does some bad things it should ...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
okay, now who will invest in new buildings for development a...
confused red parlour
  06/24/21
who did it 70 years? if the middle class has the same sl...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
Oh right. The same middle class that spends it on cars and m...
confused red parlour
  06/24/21
ignoring the question masterman. houses got developed withou...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
This is extremely retarded
cyan disrespectful home international law enforcement agency
  06/25/21
Peter Thiel invented the fridge? No, he was an early investo...
Opaque trump supporter menage
  06/24/21
Who invested in the fridge?
confused red parlour
  06/24/21
...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
...
Ebony Unholy Idea He Suggested Sanctuary
  06/24/21
How should we go about addressing this issue?
lascivious temple newt
  06/24/21
take that faggot niggas money and gib it to huwite baby momm...
fragrant chrome point old irish cottage
  06/24/21
closing tax loop holes the enable the wealthy to avoid taxes...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
like France?
confused red parlour
  06/24/21
At the end of the day you need those with resources feeling ...
Amethyst location
  06/24/21
he's HOARDING his money. he's NOT investing it in SOCIETY ...
confused red parlour
  06/24/21
Firstly eat shit faggot. Where did I say he was hording? I'm...
Amethyst location
  06/24/21
The "truly wealthy" get murdered on a 50 year cycl...
Floppy glassy stage
  06/24/21
...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
ljl
fragrant chrome point old irish cottage
  06/24/21
yeah, he'll get murdered so they can find the POT OF GOLD th...
confused red parlour
  06/24/21
High trust societies aren't literally benefiting from his re...
confused red parlour
  06/24/21
In our present condition, yes I'd agree. Any dime spent on g...
Amethyst location
  06/24/21
When was the last time the US government was the least bit r...
Passionate Stage
  06/25/21
we were incredibly productive when there was a 90% marginal ...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
we will be incredibly productive if we go back to 90% margin...
confused red parlour
  06/24/21
you're either being purposefully obtuse or your lsat must ha...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
Assuming we tax billionaires more, do you trust our governme...
lascivious temple newt
  06/24/21
we're currently 23 trillion dollars in debt. the government ...
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
Sad we put the bill for protecting baby boomers from a bad c...
Amethyst location
  06/24/21
This was a product of diversity.
Amethyst location
  06/24/21
https://mkorostoff.github.io/1-pixel-wealth/
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
cr
self-centered light sweet tailpipe resort
  06/24/21
shoulda bought your initial bitcoins in a roth
Shivering fiercely-loyal theater stage legal warrant
  06/24/21
propublica used to report on worthwhile topics. their findi...
Claret Effete Windowlicker Library
  06/24/21
Xo thiel Fuck propubica
Pearly fear-inspiring sex offender
  06/24/21
What a shame that black people reparations won’t be pa...
Pearly fear-inspiring sex offender
  06/24/21
does he just login to fidelity lmao same question for Mel...
Autistic garrison
  06/24/21
They use whatever broker buys them the most cocaine
maroon vivacious stock car locale
  06/24/21
lol why does the US even have a "tax policy"? The...
Zombie-like pozpig
  06/24/21
to take money away from normal people who are trying to save...
fragrant chrome point old irish cottage
  06/24/21
...
aromatic shrine genital piercing
  06/24/21
Completely unironically this
Opaque trump supporter menage
  06/24/21
it is hard to argue with this
Ebony Unholy Idea He Suggested Sanctuary
  06/24/21
This is the way
Dark senate jewess
  06/24/21
really like it here
Nudist public bath marketing idea
  06/24/21
I can't really argue with this.
startling dilemma
  06/25/21
if you just dump like 10,000 *different plays* of way out of...
sooty at-the-ready masturbator
  06/24/21
Options trading isn't easy, just ask Benzo Also a lot of ...
cowardly dun national security agency
  06/24/21
Law of large numbers requires you making positive expected v...
Passionate Stage
  06/25/21
...
Sinister cordovan athletic conference cumskin
  06/25/21
Mitt Romney in shame and admiration: "ho lee fuck."...
yapping bbw really tough guy
  06/24/21
How did Warren Buffett turn a few thousand in contributions ...
Opaque trump supporter menage
  06/24/21
prob he got access to buy shares in startups berkshire was f...
Provocative brethren
  06/24/21
ProPublica continues to be astonished that the government do...
maroon vivacious stock car locale
  06/24/21
...
Vigorous Internal Respiration
  06/24/21
...
Heady becky lodge
  06/25/21
Though if he takes out just one fed student loan and misses ...
very tactful station candlestick maker
  06/25/21
consider that if one multiplies that number by the number of...
haunting judgmental milk
  06/25/21
how to grow it big like thiel?
Appetizing business firm
  06/29/21
That's impressive. We drop in 110k tax free every year. I ne...
sadistic office
  06/29/21


Poast new message in this thread



Reply Favorite

Date: June 24th, 2021 1:17 PM
Author: Passionate Stage

https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679492)



Reply Favorite

Date: June 24th, 2021 1:26 PM
Author: Shivering fiercely-loyal theater stage legal warrant



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679534)



Reply Favorite

Date: June 24th, 2021 1:26 PM
Author: lascivious temple newt

Nothing illegal about this

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679538)



Reply Favorite

Date: June 24th, 2021 1:51 PM
Author: Shivering fiercely-loyal theater stage legal warrant

no one is saying it's illegal. the whole point of reporting this is to raise awareness and possibly shape tax policy.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679680)



Reply Favorite

Date: June 24th, 2021 1:54 PM
Author: Obsidian property

Yes, we should eliminate Roth accounts for everyone who makes over 400k because of what Peter Thiel did. We all need to pay our fair share.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679701)



Reply Favorite

Date: June 24th, 2021 1:29 PM
Author: confused red parlour

the IQ of this man must be in the 180s

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679559)



Reply Favorite

Date: June 24th, 2021 1:30 PM
Author: swollen step-uncle's house telephone

Good, taxes are an abomination

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679566)



Reply Favorite

Date: June 24th, 2021 1:58 PM
Author: self-centered light sweet tailpipe resort



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679720)



Reply Favorite

Date: June 24th, 2021 2:25 PM
Author: Umber hyperventilating hell

Can I have some crypto?

BTC: 3JMyyfz1J7G3kB1WVcmCns54ZBUbo3U2NZ

ETH: 0xeFDCaDC49828AB645Ac0dE65eCED36Df57657a61

XRP: WALLET: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg TAG: 565668071

XTZ: tz1YFZTgAWzM4SpZWoNVPtorDwyvAL31sJwD

LINK: 0x81Df6792dc9B1ae07E5143D9c13527C58ac539EB

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679940)



Reply Favorite

Date: June 24th, 2021 1:34 PM
Author: Opaque trump supporter menage

People have no idea how large the wealth gap actually is between rich and everyone else. This article alludes to it. Thiel's actual wealth is multiples of what it was assumed to be, and most of it is tax sheltered. He hires numerous people from the top 1% in intelligence solely to help him acquire more money.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679588)



Reply Favorite

Date: June 24th, 2021 1:43 PM
Author: overrated crystalline tanning salon mood

Top 1% in intelligence is pretty common though. an average engineer at Palantir is probably that high

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679631)



Reply Favorite

Date: June 24th, 2021 1:50 PM
Author: Shivering fiercely-loyal theater stage legal warrant

how is it "pretty common"? by definition it's 1/100th of the population. i wouldn't call 1% of people "pretty common".

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679677)



Reply Favorite

Date: June 24th, 2021 1:53 PM
Author: overrated crystalline tanning salon mood

meh if you filter for coastal elite, majority young ambitious 20-40ish males, people who would normally be around some rich famous VC guy's orbit it's probably like 1 in 2.5

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679699)



Reply Favorite

Date: June 24th, 2021 1:56 PM
Author: Shivering fiercely-loyal theater stage legal warrant

sure. i'm sure in the circles most xoxoers float in top 1% intelligence is pretty common. it's still by definition uncommon generally though.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679713)



Reply Favorite

Date: June 24th, 2021 2:02 PM
Author: confused red parlour

1% of America is 3 million people

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679737)



Reply Favorite

Date: June 24th, 2021 2:07 PM
Author: Shivering fiercely-loyal theater stage legal warrant

244,000 metric tons of gold have been mined, yet most people would describe it as rare.

this is becoming pedantic. what threshold would you describe something as "rare"? i think most people would consider 1% rare.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679791)



Reply Favorite

Date: June 24th, 2021 2:09 PM
Author: fragrant chrome point old irish cottage

this guy is just a being smug autistic faggot who wants to pretend theres some immense difference between him and someone who scored 100 points lower on the SAT

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679807)



Reply Favorite

Date: June 24th, 2021 2:41 PM
Author: titillating faggot firefighter

To be clear, zero chance he is top 1% intelligence.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680044)



Reply Favorite

Date: June 24th, 2021 2:10 PM
Author: confused red parlour

Peter Thiel and his associates are in the top 3,000 in America (0.001%)

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679810)



Reply Favorite

Date: June 24th, 2021 2:21 PM
Author: startling dilemma

Common in the sense that it is actually 15-30 percent of the people Thiel interacts with on a weekly basis.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679907)



Reply Favorite

Date: June 24th, 2021 1:44 PM
Author: lascivious temple newt

Is that a bad thing?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679638)



Reply Favorite

Date: June 24th, 2021 1:51 PM
Author: Shivering fiercely-loyal theater stage legal warrant

yes

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679682)



Reply Favorite

Date: June 24th, 2021 1:53 PM
Author: lascivious temple newt

Explain

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679693)



Reply Favorite

Date: June 24th, 2021 1:55 PM
Author: Shivering fiercely-loyal theater stage legal warrant

which part? (money being tax sheltered, the current wealth gap, or using our best and brightest to facilitate tax avoidance schemes?)

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679706)



Reply Favorite

Date: June 24th, 2021 1:56 PM
Author: lascivious temple newt

Wealth gap pls

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679712)



Reply Favorite

Date: June 24th, 2021 2:00 PM
Author: Shivering fiercely-loyal theater stage legal warrant

people hoarding resources while dual income college educated professionals cannot start families or provide a comfortable life is not good for civilization. the whole point of civilization is to facilitate the replacement of itself while enabling most people to enjoy a quality life. the wealth gap existing while the middle class suffers demonstrates a break down of that. this is exactly why we had the labor movement, trust busting, wars for independence, feudal uprisings, etc.

resources naturally become concentrated with individuals who have the power and resources to hoard them. history has shown it is disastrous when a few individuals hoard resources to the detriment of everyone else.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679728)



Reply Favorite

Date: June 24th, 2021 2:10 PM
Author: fragrant chrome point old irish cottage



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679815)



Reply Favorite

Date: June 24th, 2021 2:11 PM
Author: confused red parlour

"hoarding resources"

lol. do you think there is $5 billion lying somewhere in his basement?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679829)



Reply Favorite

Date: June 24th, 2021 2:16 PM
Author: Opaque trump supporter menage

You're right he's actually broke

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679871)



Reply Favorite

Date: June 24th, 2021 2:18 PM
Author: Shivering fiercely-loyal theater stage legal warrant



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679876)



Reply Favorite

Date: June 24th, 2021 2:18 PM
Author: Shivering fiercely-loyal theater stage legal warrant

(retarded paper billionaire argument)

how can thiel's wealth be real if our eyes aren't real?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679882)



Reply Favorite

Date: June 24th, 2021 2:20 PM
Author: confused red parlour

he's HOARDING 5 billion in his basement. he's not investing any of it which employs the middle class that you speak of. you're right

state your IQ

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679899)



Reply Favorite

Date: June 24th, 2021 2:22 PM
Author: fragrant chrome point old irish cottage

are u a billionaire? what do u get out of making these retarded arguments

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679916)



Reply Favorite

Date: June 24th, 2021 2:24 PM
Author: confused red parlour

are you a government contractor that needs more tax money to spend on another retarded military jet?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679933)



Reply Favorite

Date: June 24th, 2021 2:26 PM
Author: fragrant chrome point old irish cottage

i think its well established ITT im not thiel and i dont work for palantir

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679952)



Reply Favorite

Date: June 24th, 2021 2:31 PM
Author: confused red parlour

what would happen if he sent 3 billion to the IRS?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679976)



Reply Favorite

Date: June 24th, 2021 2:36 PM
Author: fragrant chrome point old irish cottage

it would go to gov't agencies like the NSA who give peter thiel govt contracts to help them spy on people

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680013)



Reply Favorite

Date: June 24th, 2021 2:38 PM
Author: confused red parlour

lol. 180 and thanks for making my argument for me that the ideal tax rate is 0%

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680029)



Reply Favorite

Date: June 24th, 2021 2:40 PM
Author: fragrant chrome point old irish cottage

if the tax rate was 0 there would be no government and peter thiel would be sucking cock for pennies because theres no NSA to give him money

the govt just appropriate all of theil's wealth bc at least that way money is concentrated in the hands of the public instead of a deranged, lonely, aging homosexual



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680039)



Reply Favorite

Date: June 24th, 2021 2:43 PM
Author: confused red parlour

Go read up on how Osama was killed. Regardless a fraction of his wealth is in Palantir

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680053)



Reply Favorite

Date: June 24th, 2021 2:45 PM
Author: fragrant chrome point old irish cottage

you got gaped lolbertard

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680069)



Reply Favorite

Date: June 24th, 2021 2:46 PM
Author: confused red parlour

this is wrong

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680072)



Reply Favorite

Date: June 24th, 2021 2:54 PM
Author: Shivering fiercely-loyal theater stage legal warrant



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680108)



Reply Favorite

Date: June 24th, 2021 7:35 PM
Author: Glittery deranged jew partner



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42681401)



Reply Favorite

Date: June 25th, 2021 10:14 AM
Author: Passionate Stage

Your “arguments” have been the dumb ones, bro

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42683862)



Reply Favorite

Date: June 24th, 2021 2:26 PM
Author: Shivering fiercely-loyal theater stage legal warrant

i'm so sad i used to be a bootlicking lolbertarian faggot like you. yes, i recognize that the wealth is represented in companies that employ people. i want those companies to exist. i just want the people working for them (and the people generally) to be able to leave decent lives and raise families like we could 70 years ago.

stop sucking thiels cock, he'll still have more wealthy than he could spend in 20 lifetimes.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679955)



Reply Favorite

Date: June 24th, 2021 2:28 PM
Author: confused red parlour

2% of America had refrigerators 70 years ago. by the miracle of people like Peter Thiel, what % is it now you dumb statist libshit?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679964)



Reply Favorite

Date: June 24th, 2021 2:30 PM
Author: Shivering fiercely-loyal theater stage legal warrant

(retarded faggot arguing that life is better because we have cheaper chink consumer goods, ignoring the fact homeownership is significantly lower and population growth is below the replacement rate)

also, can you stop following me around like a sad puppy and replying to every one of my poasts?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679970)



Reply Favorite

Date: June 24th, 2021 2:31 PM
Author: confused red parlour

the supply of homeownership is literally a product of the government and you want more of it you dumb retarded shit lib?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679980)



Reply Favorite

Date: June 24th, 2021 2:34 PM
Author: Shivering fiercely-loyal theater stage legal warrant

"because the government does some bad things it should never do anything"

how about we talk about specific policies? i'm all for removing restrictions on development and building new homes.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679996)



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Date: June 24th, 2021 2:37 PM
Author: confused red parlour

okay, now who will invest in new buildings for development after the restrictions are removed you retard?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680020)



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Date: June 24th, 2021 2:40 PM
Author: Shivering fiercely-loyal theater stage legal warrant

who did it 70 years?

if the middle class has the same slice of the pie that it used to it would have the wealth to buy houses.

also, is the billionaire elite class required to fund development? how do you think shit got developed before? you think if we nationalized the wealth of the 500 richest americans that housing development would grind to a halt?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680041)



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Date: June 24th, 2021 2:45 PM
Author: confused red parlour

Oh right. The same middle class that spends it on cars and mortgages and big screen TVs would have enough money to fund large development projects? What's your IQ breh?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680067)



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Date: June 24th, 2021 2:52 PM
Author: Shivering fiercely-loyal theater stage legal warrant

ignoring the question masterman. houses got developed without elite billionaires. if there is demand for housing and the consumer has the money to purchase it, then it will be developed. you don't need peter thiel for that (as if he would be funding housing anyway?)

i'm not engaging you any further this is like arguing with spaceporn.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680093)



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Date: June 25th, 2021 9:49 AM
Author: cyan disrespectful home international law enforcement agency

This is extremely retarded

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42683766)



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Date: June 24th, 2021 2:35 PM
Author: Opaque trump supporter menage

Peter Thiel invented the fridge? No, he was an early investor in Facebook which makes its users less happy, not more, and his gains were accrued tax-free while schmucks in the middle class pay 40-50% in taxes and can never get ahead.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680007)



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Date: June 24th, 2021 2:37 PM
Author: confused red parlour

Who invested in the fridge?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680025)



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Date: June 24th, 2021 2:43 PM
Author: Shivering fiercely-loyal theater stage legal warrant



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680050)



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Date: June 24th, 2021 5:16 PM
Author: Ebony Unholy Idea He Suggested Sanctuary



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680891)



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Date: June 24th, 2021 2:12 PM
Author: lascivious temple newt

How should we go about addressing this issue?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679833)



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Date: June 24th, 2021 2:15 PM
Author: fragrant chrome point old irish cottage

take that faggot niggas money and gib it to huwite baby mommas

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679862)



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Date: June 24th, 2021 2:17 PM
Author: Shivering fiercely-loyal theater stage legal warrant

closing tax loop holes the enable the wealthy to avoid taxes.

a tax scheme that targets wealth more than income (wealth tax, increased inheritance tax, high VAT on luxuries, etc).

labor laws (increased wages, shorter work week, banning scam 1099 practices like uber. medicare for all. alternatively, ubi)

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679874)



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Date: June 24th, 2021 2:18 PM
Author: confused red parlour

like France?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679884)



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Date: June 24th, 2021 2:19 PM
Author: Amethyst location

At the end of the day you need those with resources feeling like investing in their society is worthwhile. Do we have an environment conducive to that?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679894)



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Date: June 24th, 2021 2:21 PM
Author: confused red parlour

he's HOARDING his money. he's NOT investing it in SOCIETY

describe your IQ for me

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679912)



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Date: June 24th, 2021 2:23 PM
Author: Amethyst location

Firstly eat shit faggot. Where did I say he was hording? I'm making the connection between high trust societies and what we have now. Truly wealthy can always find a means to avoid paying taxes.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679924)



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Date: June 24th, 2021 2:25 PM
Author: Floppy glassy stage

The "truly wealthy" get murdered on a 50 year cycle in most human civilizations

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679949)



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Date: June 24th, 2021 2:27 PM
Author: Shivering fiercely-loyal theater stage legal warrant



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679958)



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Date: June 24th, 2021 2:27 PM
Author: fragrant chrome point old irish cottage

ljl

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679961)



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Date: June 24th, 2021 2:30 PM
Author: confused red parlour

yeah, he'll get murdered so they can find the POT OF GOLD that he's HOARDING. lol

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679971)



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Date: June 24th, 2021 2:26 PM
Author: confused red parlour

High trust societies aren't literally benefiting from his resources? I would rather Thiel allocate his resources than shit government

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679957)



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Date: June 24th, 2021 3:23 PM
Author: Amethyst location

In our present condition, yes I'd agree. Any dime spent on government seems like a waste at the least and feeds a beast being weaponized against half the populace.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680293)



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Date: June 25th, 2021 10:54 AM
Author: Passionate Stage

When was the last time the US government was the least bit responsible with money? 1960s? But in 2020, when the government get $100, they cause more than $100 of destruction with it. Thiel turns $100 into $1000 every decade. It’s really not close in who would be better for us to have allocate these resources

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42684010)



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Date: June 24th, 2021 2:23 PM
Author: Shivering fiercely-loyal theater stage legal warrant

we were incredibly productive when there was a 90% marginal tax rate.

i'm not a socialist. capitalism provides the best environment for people to invest in society, innovation, and enterprise. at the same time, the system has to work for everyone. your argument has been used for every policy that strips power and wealth from the elites, going all the way back to abolition and child labor laws.

do you think anarchy is the best system? everyone agrees there has to be some level of regulation and law. the question is where that balance is.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679923)



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Date: June 24th, 2021 2:36 PM
Author: confused red parlour

we will be incredibly productive if we go back to 90% marginal tax rates? lol

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680010)



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Date: June 24th, 2021 2:49 PM
Author: Shivering fiercely-loyal theater stage legal warrant

you're either being purposefully obtuse or your lsat must have been below 160. reading comp and logic fails in everyone of your poasts.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680086)



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Date: June 24th, 2021 2:36 PM
Author: lascivious temple newt

Assuming we tax billionaires more, do you trust our government to spend that on the middle class wisely to address the issues you brought up above?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680019)



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Date: June 24th, 2021 2:48 PM
Author: Shivering fiercely-loyal theater stage legal warrant

we're currently 23 trillion dollars in debt. the government isn't paying for shit we already have. we need to increase taxes just to pay for existing government largess. as it stands right now boomers are going to die off and leave us holding the bag. not fair.

i agree that the government is a bunch of wasteful faggots and a lot of that money will go to F15s, israel, and womens studies programs in afghanistan. nevertheless, if the government is going to do those things, the bill shouldn't be borne by the middle class like it currently is.

the government being wasteful doesn't mean billionaires should pay less taxes than wagecucks.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680083)



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Date: June 24th, 2021 3:25 PM
Author: Amethyst location

Sad we put the bill for protecting baby boomers from a bad cold on our kids credit card. Had they not lived such hedonistic lifestyles they probably wouldn't be nearly as at risk.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680311)



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Date: June 24th, 2021 2:14 PM
Author: Amethyst location

This was a product of diversity.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679854)



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Date: June 24th, 2021 1:52 PM
Author: Shivering fiercely-loyal theater stage legal warrant

https://mkorostoff.github.io/1-pixel-wealth/

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679684)



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Date: June 24th, 2021 2:11 PM
Author: self-centered light sweet tailpipe resort

cr

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679819)



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Date: June 24th, 2021 2:32 PM
Author: Shivering fiercely-loyal theater stage legal warrant

shoulda bought your initial bitcoins in a roth

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679987)



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Date: June 24th, 2021 1:46 PM
Author: Claret Effete Windowlicker Library

propublica used to report on worthwhile topics. their findings from hacked/stolen tax filings are completely banal.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679657)



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Date: June 24th, 2021 1:49 PM
Author: Pearly fear-inspiring sex offender

Xo thiel

Fuck propubica

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679668)



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Date: June 24th, 2021 1:49 PM
Author: Pearly fear-inspiring sex offender

What a shame that black people reparations won’t be paid with Peter thiel’s money

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679675)



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Date: June 24th, 2021 2:11 PM
Author: Autistic garrison

does he just login to fidelity lmao

same question for Melvin Capital and shitfunds, do they just use td ameritrade

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679826)



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Date: June 24th, 2021 10:24 PM
Author: maroon vivacious stock car locale

They use whatever broker buys them the most cocaine

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42682256)



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Date: June 24th, 2021 2:33 PM
Author: Zombie-like pozpig

lol why does the US even have a "tax policy"? The government just prints money

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42679991)



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Date: June 24th, 2021 2:45 PM
Author: fragrant chrome point old irish cottage

to take money away from normal people who are trying to save up and have kids start a life, etc. and then give it to homosexual plutocrats like Peter thiel so he can help the gov't spy on its taxpayers for israel

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680066)



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Date: June 24th, 2021 3:02 PM
Author: aromatic shrine genital piercing



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680155)



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Date: June 24th, 2021 3:15 PM
Author: Opaque trump supporter menage

Completely unironically this

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680242)



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Date: June 24th, 2021 6:01 PM
Author: Ebony Unholy Idea He Suggested Sanctuary

it is hard to argue with this

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42681065)



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Date: June 24th, 2021 7:29 PM
Author: Dark senate jewess

This is the way

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42681380)



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Date: June 24th, 2021 10:29 PM
Author: Nudist public bath marketing idea

really like it here

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42682295)



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Date: June 25th, 2021 10:48 AM
Author: startling dilemma

I can't really argue with this.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42683983)



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Date: June 24th, 2021 2:42 PM
Author: sooty at-the-ready masturbator

if you just dump like 10,000 *different plays* of way out of money options in a roth IRA (in total worth nothing) but one eventually hits big, then it's tax free to you?

isn't there a way to use the law of large numbers to game this?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680046)



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Date: June 24th, 2021 2:53 PM
Author: cowardly dun national security agency

Options trading isn't easy, just ask Benzo

Also a lot of more advanced trading stuff is off-limits because you can't extend margin to an IRA

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680098)



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Date: June 25th, 2021 10:55 AM
Author: Passionate Stage

Law of large numbers requires you making positive expected value bets

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42684013)



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Date: June 25th, 2021 11:42 AM
Author: Sinister cordovan athletic conference cumskin



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42684243)



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Date: June 24th, 2021 3:01 PM
Author: yapping bbw really tough guy

Mitt Romney in shame and admiration: "ho lee fuck."

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680153)



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Date: June 24th, 2021 3:14 PM
Author: Opaque trump supporter menage

How did Warren Buffett turn a few thousand in contributions per year into 20 million? I don't think through startups

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680237)



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Date: June 24th, 2021 3:56 PM
Author: Provocative brethren

prob he got access to buy shares in startups berkshire was funding

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42680501)



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Date: June 24th, 2021 8:56 PM
Author: maroon vivacious stock car locale

ProPublica continues to be astonished that the government does not simply confiscate the wealth of people who create multi-billion-dollar companies from nothing

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42681830)



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Date: June 24th, 2021 8:57 PM
Author: Vigorous Internal Respiration



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42681835)



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Date: June 25th, 2021 7:14 AM
Author: Heady becky lodge



(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42683472)



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Date: June 25th, 2021 11:51 AM
Author: very tactful station candlestick maker

Though if he takes out just one fed student loan and misses payment the IRS can drain it. Wiley character.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42684276)



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Date: June 25th, 2021 11:54 AM
Author: haunting judgmental milk

consider that if one multiplies that number by the number of billionaires also wanting to do this, which there are 2,755 of you get 13.75 trillion in potentially hoarded wealth. Would it be a fair statement to say that the world's elite own nearly our entire GDP worth in wealth? Should they own more?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42684285)



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Date: June 29th, 2021 6:38 PM
Author: Appetizing business firm

how to grow it big like thiel?

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42706930)



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Date: June 29th, 2021 6:39 PM
Author: sadistic office

That's impressive. We drop in 110k tax free every year. I need better tax lawyers.

(http://www.autoadmit.com/thread.php?thread_id=4864153&forum_id=2#42706934)