Submitted by sellwinerugs t3_ygm6v1 in baltimore
ocaesar t1_iubznxc wrote
Reply to comment by buttpincher in Patagonia Opens Largest Store in Fells Point by sellwinerugs
Just say you donโt understand capital gains bro, sheโs not gonna take you back
buttpincher t1_iuc0yyc wrote
Just say you don't understand shell companies and 501c4 charities bro, I pay capital gains tax. Spoken like a true tax dodging billionaire apologist. Keep eating that propaganda cock moron.
This dude's not gonna pay your rent or fondle your asshole so you can stop defending him
Edit:
Jesus Christ you're a stupid fuck ๐๐ You obviously didn't read the articles that I and a couple of other people posted. Reading is hard though I understand that's why I initially put up a video. You just know the buzz word "capital gains" so you throw it around thinking it makes you look like you know what you're talking about. Pathetic
> The Times reports that, in transferring that stock to the trust, the Chouinards are on the hook for $17.5 million in gift taxes. However, they're not going to pay any taxes on the value that stock has accrued since they first acquired it โ what's called capital gains taxes. Bloomberg estimates that the capital gains tax on the donation could have come in at more than $700 million.
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