Pelosi Take Heat Over Visit to California Hair Salon

Discussion in 'Current Events' started by Moolk, Sep 2, 2020.

  1. cirdellin

    cirdellin Banned

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    I feel more sympathy for the salon which cannot possibly be up to the Herculean task of living up to the name beauty salon when faced with such a challenge as Nancy Pelosi.
    It would be like asking a little boy with Tonka toys to begin excavation for a new sky scraper.
    86555058-8730-4274-8418-7B86CDE82889.jpeg
     
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  2. cirdellin

    cirdellin Banned

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    I forgot about the death tax. Thanks.
     
  3. FreshAir

    FreshAir Well-Known Member Past Donor

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    the death tax only applies to income over 5 million, if you get less than 5 million from their estate, you won't pay taxes on it

    yes, when you get that money it is similar to a gift tax if someone gave you a million dollar gift while you were alive

    I just love when people whine about having to pay taxes for anything they are given over 5 million.... let me cry you a river
     
    Last edited: Sep 3, 2020
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  4. Pred

    Pred Well-Known Member

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    There’s estate tax then income tax as well. Double dipping ?
     
  5. cirdellin

    cirdellin Banned

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    The Pelosi fortune is 120 million and likely growing.
    120 > 5
     
    Last edited: Sep 3, 2020
  6. Mrs. b.

    Mrs. b. Well-Known Member Donor

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    She knows, she doesn’t care!

    upload_2020-9-3_7-34-41.jpeg
     

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  7. FreshAir

    FreshAir Well-Known Member Past Donor

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    nope, you did not earn that money, you were given that money as a gift, thus you have never paid tax on it in the past

    we give people the first 5 million of that gift tax free, then tax anythign over that

    if anyone doesn't want to pay their tax on the gift, give the gift to me, I will be glad to pay the tax
     
    Last edited: Sep 3, 2020
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  8. FreshAir

    FreshAir Well-Known Member Past Donor

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    yep, and when she passes, those she passes that money on too will pay tax on anything greater than 5 million as well - I doubt anyone will be whining about receiving that money
     
  9. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    I am sure she did and I said that was stupid of her. Why do you think there was a video recording going? Do you think that it was because she is a movie star? If it walks like a duck, talks like a duck, it must be a duck.
     
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  10. cirdellin

    cirdellin Banned

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    So by your reasoning, taxes need to paid on money which was not earned. What about people that made money that they did earn?
    And what about family farms that are lost because of the death taxes that the survivors are forced to pay but can’t? Farmers are hardly wealthy people.
     
  11. cirdellin

    cirdellin Banned

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    Virtually all businesses have cameras in their establishments. Come here. They are as common as having a front door.
    Even so why was she not wearing a mask as she has demanded others do in public places?
     
    Last edited: Sep 3, 2020
  12. Yulee

    Yulee Well-Known Member

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    You greatly over exaggerate the authority of the speaker of the house of Congress.
     
  13. FreshAir

    FreshAir Well-Known Member Past Donor

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    your only taxed on estates worth over 5 million, the first 5 million is tax free, thus the family farm is saved

    you say they are hardly wealthy, but talk about the farm being worth well over 5 million... ?

    how many farms are worth over 5 million?

    if you inherit a 10 million dollar farm and do not want to pay the taxes, give the farm to me, I will take it
     
    Last edited: Sep 3, 2020
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  14. cirdellin

    cirdellin Banned

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    Tell that to the farmers I know who have experienced this.
    Also your 5 million figure sounds high.
    Not that I’m doubting you but can you cite your assertion from the US tax code?
     
  15. FreshAir

    FreshAir Well-Known Member Past Donor

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    looks like it's higher than 5 million now actually

    https://www.investopedia.com/articl...5/estate-taxes-who-pays-what-and-how-much.asp

    "When someone dies, their estate and inheritances from it become subject to taxation, at least in theory. In reality, the vast majority of estates are too small to be charged a federal estate tax—which, as of 2020, applies only if the assets of the deceased person are worth $11.58 million or more"

    "IRS Announces Higher Estate And Gift Tax Limits For 2020"

    https://www.forbes.com/sites/ashlea...te-and-gift-tax-limits-for-2020/#187bae7d2efb

    "The Internal Revenue Service announced today the official estate and gift tax limits for 2020: The estate and gift tax exemption is $11.58 million per individual, up from $11.4 million in 2019. That means an individual can leave $11.58 million to heirs and pay no federal estate or gift tax, while a married couple will be able to shield $23.16 million. The annual gift exclusion amount remains the same at $15,000."
     
    Last edited: Sep 3, 2020
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  16. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    I am sure she did and I said that was stupid of her. Why do you think there was a video recording going? Do you think that it was because she is a movie star? If it walks like a duck, talks like a duck, it must be a duck.
    No she was conned into believing thevowner that it was ok not to wear a mask.

    This has nothing to do with leftists and I could care least what your leftists think.
     
  17. cirdellin

    cirdellin Banned

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    Ok. 5.49 million is the value I found.
    I also did some research myself and it appears your numbers are correct as average family farm values are concerned.
     
    Last edited: Sep 3, 2020
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  18. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    I agree that what she did was stupid and she should have know that she would likely be exposed. She was stupid not wear a mask and to let herself be put into a position to be "filmed". What do you think is the reason to disclose the fact that she did not wear a mask?

    It has to be for political reasons. If the owners were concerned with her not wearing a mask for medical safety reasons they should have told her to go *£>#< herself. They still worked on her.

    The owners are just as hypocritical as they apparently are alleging she is.
     
  19. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    Nice collection of Tonka toys are those all yours? I would love to buy a bunch of Tonka toys but all of my grandkids are girls. So I do not want to get into a fight with females in the family as I did with my mom when I bought and let her play with Tonka tools. My daughter grew up normal and has kids so girls playing with "boys" toys does not turn them into lesbians.
     
  20. FreshAir

    FreshAir Well-Known Member Past Donor

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    yep, and 5.49 million is way below the 11.58 million, so most farmers will not be taxed as the first 11.58 million is tax free
     
    Last edited: Sep 3, 2020
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  21. drluggit

    drluggit Well-Known Member

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    She's the worst kind of hypocrite.
     
  22. cirdellin

    cirdellin Banned

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    I suspect they were trying to protect themselves from the 25 k fine.

    One has to also understand that the speaker of the house is a pretty intimidating customer.

    Also cameras are everywhere these days.

    My friends in Texas tell me that even a routine haircut requires a face mask be worn and that is a state far more lax than California.

    Pelosi lives in California, she is a legislator and it is difficult to imagine she did not know the law there.

    For her to blame others seems childish when it seems that she just felt above it.
     
  23. cirdellin

    cirdellin Banned

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    Ok. Your figures on this farm matter appear to be solid.
     
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  24. cirdellin

    cirdellin Banned

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    Just a screen shot I found on eBay.
    I don’t think I said anything about lesbians.
     
  25. Louisiana75

    Louisiana75 Well-Known Member Past Donor

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    The salon owner said the cameras have been in place for 5 years.

    Now what you got?
     

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