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UncleSonny

Burnt Ends
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Everything posted by UncleSonny

  1. Whoa, you really do need things spelled out for you. I’m laughing at you.
  2. The exemption goes up every year to adjust for inflation. This is pretty a staggering statement, especially given the OP but unfortunately an honest assessment about how plenty of people look at it. The fact it came right after you told me you know multiple (!) people who squandered tens of millions of dollars did make me laugh though.
  3. Not even close to what I said. What I said: Fortunes are lost all the time, I was responding to the estate tax not being so burdensome as to effect the future wellbeing of the direct heirs. What does someone's parents' business going belly up have to do with anything?
  4. LOL. Their "low 8 figures "disappeared" huh? Lets say their low 8 figures is 20 million. Using the 2020-2021 rules give them their $11.7 exemption, so 8.3m is taxable. They'll pay the max base tax plus max rate on that ($345,000 & 40%). Tax burden is $3,320,000 + $345,000 = $3,665000. Leaving their parents well earned fortune "disappeared" from a $20million dollar estate down to $16,355,000 to be divided amongst their poor children who are now forced into the work force. Thoughts and prayers to your friends, hopefully black lung from the coal mine doesn't get them.
  5. The estate tax has never once, literally never, taken away a parents ability to pay for their children's education, nor does it have any bearing on whether that person's children have to work during their lifetime. The estate is exempt from the tax up to the exemption level, currently set at $11.7 million for an individual. An estate valued more than that is only taxed on the amount that exceeds the threshold. The idea that somebody has to hide money away so little Johnny can scrape together his tuition money is fucking stupid.
  6. You don't really seem to get how the estate tax works. Like at all.
  7. Because that's what they are and I quoted for accuracy I guess. I didn't really expect to be questioned on that honestly. Are quotation marks offensive? "Look, Ol'Pappy didn't bust his ass his entire life to amass a great fortune just for me, his great grandson, to be forced to earn my own living. What am I supposed to do, take my paid-for world class education, contacts from a life of privilege, and the paltry high 6 figures/low 7 figures I was given free and clear when he died and just go out and make my way in this world? And do what exactly, work? Like a job or something? Fuck that."
  8. You'll never guess who came up with this fairy tale and continue to push it: https://cei.org/studies/the-anti-environment-estate-tax-why-the-death-tax-is-deadly-for-endangered-species/ Oh wait, you did guess "libertarian think tank"? Never mind then.
  9. This feels like a separate conversation, but why do I care that the grandchildren and great grandchildren of a wealthy individual may only have 18 million to divide between them as opposed to 50 million? I'm especially interested in the bolded part that it's horribly unfair to the folks affected by it. The person who earned that fortune is not affected, so you are referring to the heirs who receive a windfall purely because they were related to the right person and managed to not be removed from the will before they died?
  10. I guess the calendar flipping to June still can't really save the thread from turning to complete shit on occasion. Anyway...apologies for the recruiting related post but Nahlin says this guy is expected to visit: https://247sports.com/player/lander-barton-46097947/
  11. but who owns the yacht that is needed to support Bezos' yacht? https://www.cnn.com/2021/05/10/business/jeff-bezos-yacht/index.html
  12. The salary thing is one reason (among others) that an average citizen not paying unrealized gains on their house in Austin is a pretty bad analogy. Hornbri made a good investment, is seeing the value of his house grow every year and that is contributing to his "wealth growth" but nobody here is advocating that he should be paying taxes on those gains before they are realized. Unless he is a Surly .000001% playing coy, I'm going to guess that wealth growth is not approaching 11 figures in five years. It's likely a couple hundred thousand dollars at best. I'm also going to guess he's not in a position to bring down his annual taxable income by taking a nominal salary and sheltering the majority of his income through a myriad of perfectly legal avenues. It's just not even close to the same. I would bet good money that hornbri's effective income tax rate is substantially higher than any billionaire's despite him being protected from paying taxes on his unrealized gains of his house in Austin. I don't have the answer but I'm always shocked that so many average Americans are so blasé about the richest among us paying substantially lower tax rates than us (whether you are using true tax rates or effective income rates).
  13. Ah, I forgot about that but not exactly. Justified had to call her "Karen Goodall" to avoid copywrite infringement because they didn't own the rights to the character. They never called her Sisco at all even though it was pretty obvious who she was supposed to be, especially with the casting. I'm kind of surprised they got away with that. Anyway, according to Wiki Miramax owned the Nicolette character and Tarantino convinced them to let Universal briefly use it without a fee.
  14. Yeah I know that. It's pretty uncommon for the same actor to play the same character in two different movies released by two different studios though. I'm not sure if I can think of another example.
  15. So stupid. Not to mention they mostly ran back the same team as last year...who got the same experience of losing to the Clippers in the first round of the playoffs.
  16. The trailer for the new Soderbergh move (which looks great) got me thinking about him so I watched Out of Sight last night. First time in probably 15 years. Great movie. Clooney is right in his wheelhouse and JLo is blazing hot. Not really profound but it bounces along and it's a fun watch like most of his movies. Great score too. I forgot that Michael Keaton has a quick scene as the same FBI agent he plays in Jackie Brown, so it makes those movies part of an Elmore Leonard film universe I guess.
  17. Nope. Watch the KOC video, he’s not been criminally misused. Carlisle used him the only way he provides any value right now, as a floor spacer on offense and a tall person on defense. They traded for him and extended him with the reasonable hope that he would be all the things you are saying he is but it didn’t work out. But that’s on him (and Donnie) not Rick. Carlisle is just doing his best to make chicken salad out of his chicken shit play.
  18. This Wang Zhizi erasure will not stand. Yeah, pretty fucking bleak. Even using your really low “usable” standard there just isn’t much there. At least he traded Dennis Smith early enough that he still had some trade value and not after it was clear that Donnie picked another borderline NBA player.
  19. It's my understanding that this kind of thing is fine when you are committed to Jimbo provided he's notified (and allowed to watch).
  20. Lol, nailed it. Assuming by “capable” you meant, “worst in the league at it”. KP is not capable of getting his own shot and any possession that Rick gives him the ball and clears our space for him is a wasted one.
  21. I appreciate you listing all of the things you would have done differently but I disagree with almost all of them. Any combination of most of them would have resulted in a shorter than 7 game series. 1) Sort of agree on Maxi. When he's not hitting shots early he just doesn't seem to have it and doesn't provide enough value outside of that. Although I'm not sure how feasible giving Powell big minutes was, he has not been good since coming back from the injury. Maybe worth a shot. 2) Love Brunson, but the Clips ate his lunch this series. He had one of the worst NET ratings on the team. 3) See 1, Powell hasn't been that guy since before his injury 4) What a weird conclusion. We were making a point of not crashing the offensive glass and getting back on defense and LA wasn't scoring much in transition. So clearly we could have just starting crashing the offensive glass, not worried about getting back on defense and the Clippers would still not be a threat in transition? 5) You want KP to be that guy, but he's not that guy. 6) I don't see how we could ask Luka to have the usage rate on offense he had and also carry that kind of role on defense. Not to mention he wasn't even 100% the second half of the series. 7) Boban got plenty of time
  22. If it's so easy to refute, by all means refute it. All you are doing is stating conclusions. By the way, I never said the words "jump shooting team". That is meaningless. What I can show you is that you are being reductive and you're wrong. The Clippers shot a higher percentage of their FG attempts from three during the series than the Mavericks did. Empirically. During the playoffs, where according to you should be impossible because of how different things are they were more reliant on jump shots.
  23. No. I'm not saying Malone was inefficient, I'm saying long twos are inefficient relative to three point shots. Because 2 points is fewer points than 3 you see. Not to mention spacing. https://www.statmuse.com/nba/ask/karl-malone-shot-chart There is not an NBA star with a shot chart that looks like this anymore, because we have a ton of data saying that isn't the best way to score points. If Malone was in the NBA today, when he wasn't in a pick and roll his ass would be parked in the corner behind the arc. And he had better learn to hit that shot pretty frequently. I'm not really sure what you are arguing I guess. Spacing the floor for Luka and letting him finish at the basket or find an open guy for three was a devastatingly effective offense last year. Literally one of the best of all time. We swapped Curry for Richardson and it took a step back this year but it was still good. With the pieces we had this year what could Rick have done differently to have made us a better offensive team/closer to championship level in your estimation?
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