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Joined 1 year ago
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Cake day: August 18th, 2023

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  • If I sell a million dollars of stock and pay $400k in taxes, I have $600k. If I give away $1,000,000 in unrealized gains I get either nothing, or I can do a tax write off and maybe save like $200k in taxes. Either way I’ll have less than the $600k I would have had. At best it’s a workaround to give several other people working for the “charity” money, but at that point why not just put those people on my own payroll and give them the $600k?














  • I guess I’m “this old”? I remember watching the Berlin wall get smashed on TV, and the collapse of the soviet Union a year or two later. I was a Lil kid in the U.S, so both events meant fuck all to me. I was busy being awesome in my MC Hammer parachute pants.