Page 2 of 5 FirstFirst 12345 LastLast
Results 26 to 50 of 118
  1. #26
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    Mar 2009
    Post Count
    97,520
    ranch now worth $10M?

    for NO WORK earning that capital gains of $10M?

    again, how many ranches or family businesses are there in that or even similar situation?

    most kids don't want to "keep in the family", want to get an education and go live in city.

    it's all BULL , fabrications, hypotheticals, LIES from the WEALTHY oligarchy suckering You People, dictating what they want you to get inflamed about.
    Last edited by boutons_deux; 09-25-2017 at 12:31 PM.

  2. #27
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    May 2008
    Post Count
    18,121
    If you own 10 million dollars worth of land I'm not really feeling sad for your financial situation. With that much equity and a ranch generating 200k no thanks to you, go get a loan.
    Or sell the ranch/business to corporate interests who can fire all the employees and streamline operations for maximum profits. Then boutons can protest the evil corporation.

  3. #28
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    May 2008
    Post Count
    18,121
    I'm not really feeling sad for your financial situation.
    It's always tough to discuss what qualifies as wealthy with broke people.

  4. #29
    Believe. Pavlov's Avatar
    My Team
    Los Angeles Lakers
    Join Date
    Jan 2007
    Post Count
    41,752
    It's always tough to discuss what qualifies as wealthy with broke people.
    always ends up with someone trying to big time other posters.

    So someone who has just inherited land valued at $10 million is not wealthy?

  5. #30
    Savvy Veteran spurraider21's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Apr 2012
    Post Count
    96,294
    It's always tough to discuss what qualifies as wealthy with broke people.
    Yeah 10 million dollar property producing 200k per year is basically lower middle class.

    You're our of touch with average Americans, this is why trump won

  6. #31
    Veteran DarrinS's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jun 2005
    Post Count
    41,654
    It's painful to hand over a six-figure check to the IRS. I guess people don't care when it's OPM.

  7. #32
    Savvy Veteran spurraider21's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Apr 2012
    Post Count
    96,294
    It's painful to hand over a six-figure check to the IRS. I guess people don't care when it's OPM.
    Im sure it's painful when lottery winners pay taxes on their jackpot too.

    I would certainly consider inheriting 10 mil of land with a built-in business generating income to be quite the lottery

  8. #33
    Believe. Pavlov's Avatar
    My Team
    Los Angeles Lakers
    Join Date
    Jan 2007
    Post Count
    41,752
    It's painful to hand over a six-figure check to the IRS. I guess people don't care when it's OPM.
    Yeah, you're big time. We get it.

    Is someone who inherits property valued at $10 million not wealthy?

  9. #34
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    May 2008
    Post Count
    18,121
    Yeah 10 million dollar property producing 200k per year is basically lower middle class.

    You're our of touch with average Americans, this is why trump won
    Average Americans are struggling, this is why Trump won.

    The part about keeping the family ranch/business functioning seems to have gone right over your head. Is it because I said $200K and that seems like so much money to you? Let's change it to nets $75k per year. Does that change your viewpoint or do you still think it is in the best interest of the country to force that son/daughter to sell off the family ranch/business?

  10. #35
    Believe. Pavlov's Avatar
    My Team
    Los Angeles Lakers
    Join Date
    Jan 2007
    Post Count
    41,752
    Average Americans are struggling, this is why Trump won.
    Is someone who inherits property valued at $10 million an average American? Is that person struggling?

  11. #36
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    May 2008
    Post Count
    18,121
    Im sure it's painful when lottery winners pay taxes on their jackpot too.

    I would certainly consider inheriting 10 mil of land with a built-in business generating income to be quite the lottery
    Yeah your right. Everybody knows farmers and ranchers are living on easy street.

  12. #37
    Savvy Veteran spurraider21's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Apr 2012
    Post Count
    96,294
    Average Americans are struggling, this is why Trump won.

    The part about keeping the family ranch/business functioning seems to have gone right over your head. Is it because I said $200K and that seems like so much money to you? Let's change it to nets $75k per year. Does that change your viewpoint or do you still think it is in the best interest of the country to force that son/daughter to sell off the family ranch/business?
    200k annually easily exceeds the average American. A household earning 200k per year is in the top 3-4%

    The income was just a bonus. Somebody wins a 10 mil jackpot and I'm supposed to feel sorry for them paying tax on it? Gmafb

  13. #38
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    Mar 2009
    Post Count
    97,520
    Yeah 10 million dollar property producing 200k per year is basically lower middle class.

    You're our of touch with average Americans, this is why trump won
    the top quintile starts at less that less than $100K.

    https://en.wikipedia.org/wiki/Income..._United_States

  14. #39
    Veteran DarrinS's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jun 2005
    Post Count
    41,654
    Im sure it's painful when lottery winners pay taxes on their jackpot too.

    I would certainly consider inheriting 10 mil of land with a built-in business generating income to be quite the lottery

    Yeah, I don't have a 10 mil ranch or lottery winnings. Mine was the payoff of 20+ years' work. I guess the IRS deserved a quarter of it.

  15. #40
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    May 2008
    Post Count
    18,121
    Is someone who inherits property valued at $10 million an average American? Is that person struggling?
    If they want to keep that property, pay taxes is on it every year, keep paying employees...yeah they could be.

  16. #41
    Veteran DarrinS's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Jun 2005
    Post Count
    41,654
    Property taxes on that would be astronomical.

  17. #42
    Savvy Veteran spurraider21's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Apr 2012
    Post Count
    96,294
    Yeah your right. Everybody knows farmers and ranchers are living on easy street.
    One who inherits a ranch valued at 10 million is in a pretty good spot

  18. #43
    Believe. Pavlov's Avatar
    My Team
    Los Angeles Lakers
    Join Date
    Jan 2007
    Post Count
    41,752
    If they want to keep that property, pay taxes is on it every year, keep paying employees...yeah they could be.
    If that person sells that property for several millions of dollars he won't be wealthy?

  19. #44
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    May 2008
    Post Count
    18,121
    Like I said the average American is struggling. We've been through this before. Liberals on this board think median income is is the same as middle class...I don't.

  20. #45
    Savvy Veteran spurraider21's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Apr 2012
    Post Count
    96,294
    Yeah, I don't have a 10 mil ranch or lottery winnings. Mine was the payoff of 20+ years' work. I guess the IRS deserved a quarter of it.
    What was the value of your inheritance?

  21. #46
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    May 2008
    Post Count
    18,121
    If that person sells that property for several millions of dollars he won't be wealthy?
    Damn Chump do not read or do you just have poor comprehension?

  22. #47
    Believe. Pavlov's Avatar
    My Team
    Los Angeles Lakers
    Join Date
    Jan 2007
    Post Count
    41,752
    Like I said the average American is struggling. We've been through this before. Liberals on this board think median income is is the same as middle class...I don't.
    OK, what is your definition of middle class?

  23. #48
    Believe. Pavlov's Avatar
    My Team
    Los Angeles Lakers
    Join Date
    Jan 2007
    Post Count
    41,752
    Damn Chump do not read or do you just have poor comprehension?
    Just answer the question with a yes or no. It will take fewer keystrokes than whining.

    If that person sells the property for several millions of dollars he won't be wealthy?

  24. #49
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    May 2008
    Post Count
    18,121
    If you inherited a $ 10 million dollar ranch what would you do

    Sell it or raise cattle on it?

  25. #50
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    May 2008
    Post Count
    18,121
    One who inherits a ranch valued at 10 million is in a pretty good spot
    If they sell it

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •