>no links thread disagree. this is the real /smg/ thread
William Lewis
Based Rudy, I'm still Acquiring assets to sit on and still expecting to retire comfortably at 50.
Dylan Morgan
Smart decision, user. I was sitting on an increasing pile of cash, up until ~2 weeks ago. Have been slowly DCAing different assets. Seems like the correct time to be slurping desu.
The issue is trusting the Fed to do anything good for economy
Jonathan Watson
AHEM (Jerome smiles at the camera) WE HAVE DECIDED TO SELL THE ENTIRE BALANCE SHEET. ASSET INFLATION IS A FORM OF INFLATION, AND I WILL NOT BE KNOWN FOR INFLATION. (Journalists begin talking nervously) FURTHERMORE, AS INFLATION IS CLEARLY UNCHECKED, WE WILL BE DOING AN INCREASE OF TWO HUNDRED BASIS POINTS. NO OPTION IS OFF THE TABLE TO FIGHT INFLATION. (Powell flips off the camera) FUCK YOUR CALLS
reposting in new thread ya if youre in Cali youre fucked by state tax. But federal tax is like this filing jointly...have it written out next to me: 10% up to $20,550 12% up to 83,550 22% up to 178,150 24% up to 340100 32% up to 431,900 35% up to 647,850
so if you make $500k per year, youll pay $122,506 in federal tax which is 24.5% total. and since short term cap gains just acts like your tax bracket, none of us will ever pay more than 30%
