Imagine I’m a greedy Hedge Fund manager. I’m sitting down with my army of tax attorney’s. “The Trump-era tax rates will be expiring because you know Orange man bad. Now, how can I minimize the tax bite so I can buy another 134 foot yacht”, I ask.?
First, starting January 1st, I will only pay myself $150K for tax year 2021. That way when I get my fat-ass management fee check of $1.9 trillion dollars I’ll only have to pay an effective capital gains tax of 25%, better than God knows what % income tax the AOC’s of the world think is my “fair share”, and by the way I just moved to Florida because the blue State I just fleed sucked so state income tax need not apply. Thanks carried interest! I then systematically invest the remainder (after tax) in stocks and muni bonds. No tax on the interest on the munis and no capital gains tax on the stock because I’m a buy and hold type of guy (Gamestonks!!!). See, I’m not going to sit by and pay anymore than I have to, especially to the government. Fuck those guys I own them. Oh and for those of you that think we’ll get it in an estate tax divestment, you know that non-profit charity I set up to feed starving African babies and give single mothers of Bangladesh a micro-finance loan (think Bill & Melinda Gates Foundation)? They’re the trustee to a trust I set up for my girls. I will effectively be worth ~$0.00 (translation: jack-shit) when I pass. So, take that you pompous self-righteous, player-hating, liberal-asshole socialist! You ain’t getting shit.
A Hedge Fund Oligarch
The State is eliminating all avenues for side hustles – during an economic catastrophe no less. Why? For the good of the worker of Course. If you don’t have the means to control the source of your income or to start a side hustle as an independent contractor without licence from the State, how much liberty do you truly have living in America?
I explains how Trump trolls the twitterverse on the The Armenian Council for Truth in Journalism last night.
With the release of 2 Controversial Documentaries laying down an alternative perspective as to what humanity faces in the wake of the COVID-19 Pandemic and it’s accompanying economic collapse, we delve into the nature of what Shadow governments were and are as they take bolder steps to create their desired One World Government. How will this New World Order emerge from the Global Reset that is unfolding? Tune In.