The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 30870
Likes: 52063


Agree 100%. Regarding determining the cost basis for ancient assets,


the burden is on the taxpayer to establish the basis. If they can't, the basis is $0.

(In response to this post by Stimp)

Posted: 11/18/2019 at 10:09AM



+1

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Current Thread:
 
  
Wait, so Warren's billionaire tax is now up to 6%. So -- BocaHoo91 11/18/2019 07:13AM
  You seem to be missing quite a bit here. -- WahooRQ 11/18/2019 09:22AM
  This attitude has always made me laugh. -- SchmHoo 11/18/2019 2:37PM
  Yeah, you’re right. Bernie getting saying -- BocaHoo91 11/18/2019 4:21PM
  Your complaint should be with the Bern and Warren. -- hoolstoptheheels 11/18/2019 3:22PM
  That’s certainly the narrative. ** -- SchmHoo 11/18/2019 3:32PM
  It isn't a false narrative. Bern actually posted that. -- hoolstoptheheels 11/18/2019 4:09PM
  Nobody thinks Warren has really covered the cost of her plan(s). -- hoolstoptheheels 11/18/2019 09:59AM
  Imposed Medicare for all is a bad political -- Shenhoo 11/18/2019 09:15AM
  Does that come close to paying for it? ** -- Tuckahokie 11/18/2019 09:06AM
  We spend far beyond what the rich make and have ** -- HokieDan95 11/18/2019 08:21AM
  WaxHoo can't wait to STAND WITH HER. ** -- HootiesJohnson 11/18/2019 08:17AM
  "Stands With Fist" ** -- Tuckahokie 11/18/2019 08:25AM
  What hyperbole are you referring to? ** -- BocaHoo91 11/18/2019 08:00AM
  Correct - it is tapping a populist vein. -- hoolstoptheheels 11/18/2019 08:19AM
  Mostly, the complexity of the tax code itself favors the rich. -- hoolstoptheheels 11/18/2019 08:38AM
  Those things are the tip of the iceberg. -- hoolstoptheheels 11/18/2019 1:19PM
  See mundane system reforms. :) ** -- Seattle .Hoo 11/18/2019 08:40AM
  Unfortunately, I agree. ** -- HoosWillWin 11/18/2019 07:45AM
  Yes. 6% of wealth. Plus 39.6% on any -- BocaHoo91 11/18/2019 07:39AM
  Ooops - forgot the link. Included here. -- hoolstoptheheels 11/18/2019 08:13AM
  CNBC discussed this this morning... -- Stimp 11/18/2019 09:17AM
  That's what triggered my post. -- BocaHoo91 11/18/2019 09:59AM
  Hmm. I guess she needs a new campaign site webmaster. ** -- hoolstoptheheels 11/18/2019 08:47AM
  What changes the argument? I don’t follow. ** -- BocaHoo91 11/18/2019 07:58AM
  I wasn't aware she was taxing wealth. ** -- HoosWillWin 11/18/2019 08:05AM

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