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Recent Posts

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1
The Superbar / Re: Archdiocese of New Orleans
« Last post by MU82 on Today at 12:41:02 PM »
Meh.
Logan Roy was a great TV character, but why should anyone care about Brian Cox's take on religion any more than that of a football player who thanks God for his game-winning touchdown?

Fair.
2
The Superbar / Re: US Economy thread
« Last post by Jockey on Today at 12:37:34 PM »
I mean, right, but a one time liquidity event being slightly less profitable i for every dollar over $1MM s different from the claim that Biden is raising cap gains taxes to 45%.

If you can’t lie, you can’t be a MAGAt.
3
The Superbar / Re: MU Women's Basketball Thread
« Last post by Tarragona on Today at 12:25:46 PM »
Jada Bediako announced she is transferring to Marquette from Georgia Tech.

https://ramblinwreck.com/roster/jada-bediako/
4
The Superbar / Re: US Economy thread
« Last post by MUBurrow on Today at 12:07:42 PM »
Herm's not wrong.

If you're a family farmer in Iowa whose sons want to inherit the farm, this could be a killer.

If your family owns a small business structured as a Subchapter "S" Corp, this could be a killer too.

How? The only impact this would have on family business succession planning is if parents are selling the business to children.  Assuming that is done on a seller financing installment sale, this would just increase the tax paid on the installment payments.  I think you're conflating eliminating basis step up with actually increaseing a transfer (gift or estate) tax burden, which would have a much more direct impact on transferring illiquid assets.
5
The Superbar / Re: MU Women's Basketball Thread
« Last post by Tarragona on Today at 12:06:48 PM »
Dazia Lawrence is on a Kentucky visit this weekend.

Per her own announcement, Dazia Lawrence committed to Kentucky this morning.
6
The Superbar / Re: Archdiocese of New Orleans
« Last post by Pakuni on Today at 12:00:36 PM »
OK folks, let's be realistic.

As much as the Roman Catholic Church talks about being created by Jesus and the Popes come straight down from God Him/Herself, the church consists of human beings. Human beings make mistakes, commit sins (both mortal and venial) and do things to which we should be ashamed.

That's as true in religion as it is in government, business, social services and every other element of human endeavor.

For too long, our Church has protected the institution of organized religion rather than the folks its supposed to protect -- the children of God. We've changed an awful lot in the last 150 years and inevitably, our church will change more as God reveals more to us. But to dump religious belief and the beauty that this belief is in its most basic form because of bad actors rejects a lot of what our world should be about.

As a practicing Roman Catholic, I still believe our church as a lot to learn about people and about what God has given us. But years ago, my high school was basically the center of priestly pedophilia while I was there. Several of my classmates were affected. But, there were so many fine people that I knew were incredible people of faith that I accepted their teaching and their view of the world, even as we knew some things were very wrong around us. Simply put, you can't throw the baby out with the bathwater!

Bloodsuckers.
7
The Superbar / Re: Archdiocese of New Orleans
« Last post by The Hippie Satan of Hyperbole on Today at 11:57:43 AM »
As a practicing Roman Catholic, I still believe our church as a lot to learn about people and about what God has given us. But years ago, my high school was basically the center of priestly pedophilia while I was there. Several of my classmates were affected. But, there were so many fine people that I knew were incredible people of faith that I accepted their teaching and their view of the world, even as we knew some things were very wrong around us. Simply put, you can't throw the baby out with the bathwater!


This paragraph is…something.
8
The Superbar / Re: US Economy thread
« Last post by dgies9156 on Today at 11:52:43 AM »
My guess is a lot of Scoopers would be impacted by this.

There are folks and families who have built up businesses over a life time . If they sell , The Govt take from the deal would more than double.

Also people who have worked their entire year for large companies and accumulated significant stock holdings. This is especially true for folks who were employed by tech companies that have grown and dominated.

Someone who owns a family farm and now its in the path of progress. So that acreage value sky rockets , even if it stays a farm over 40 50 years there has been increases

A well compensated manager who happens to sell a highly appreciated home could easily make over a million if the home sale exceeds the excluded amount

An individual investor who has long term holdings with huge imbedded capital gains would be impacted

I know for sure on many fronts these proposed tax increases will hit me and my family.

Herm's not wrong.

If you're a family farmer in Iowa whose sons want to inherit the farm, this could be a killer.

If your family owns a small business structured as a Subchapter "S" Corp, this could be a killer too.

Keep in mind that a substantial amount of today's capital markets are investments held for the benefit of ordinary people. And while "they" claim that higher capital gains and wealth taxes will only be on the wealthy, how long will that last? Keep in mind that "fair" is what's ever in your best interests and "rich" is an abstract noun predicated on whoever is making the definition.
9
The Superbar / Re: Archdiocese of New Orleans
« Last post by dgies9156 on Today at 11:44:08 AM »
OK folks, let's be realistic.

As much as the Roman Catholic Church talks about being created by Jesus and the Popes come straight down from God Him/Herself, the church consists of human beings. Human beings make mistakes, commit sins (both mortal and venial) and do things to which we should be ashamed.

That's as true in religion as it is in government, business, social services and every other element of human endeavor.

For too long, our Church has protected the institution of organized religion rather than the folks its supposed to protect -- the children of God. We've changed an awful lot in the last 150 years and inevitably, our church will change more as God reveals more to us. But to dump religious belief and the beauty that this belief is in its most basic form because of bad actors rejects a lot of what our world should be about.

As a practicing Roman Catholic, I still believe our church as a lot to learn about people and about what God has given us. But years ago, my high school was basically the center of priestly pedophilia while I was there. Several of my classmates were affected. But, there were so many fine people that I knew were incredible people of faith that I accepted their teaching and their view of the world, even as we knew some things were very wrong around us. Simply put, you can't throw the baby out with the bathwater!
10
The Superbar / Re: Archdiocese of New Orleans
« Last post by pbiflyer on Today at 11:26:03 AM »
Meh.
Logan Roy was a great TV character, but why should anyone care about Brian Cox's take on religion any more than that of a football player who thanks God for his game-winning touchdown?

But I do appreciate Brian Cox take on Buffalo’s fans.

https://dolphinstalk.com/2020/09/this-day-in-dolphins-history-bryan-cox-gives-the-one-finger-salute-to-buffalo/
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