Aaron
3.6K posts

Aaron
@AaronAaronJJ
self driving home health nurse. somewhere between my house and yours
Where I Live Katılım Ocak 2019
714 Takip Edilen911 Takipçiler

Wait a minute you’re telling me we’ve been consolidating for 5 years straight. Holy shit.
Crypto Michael@MichaelXBT
When Bitcoin breaks this monthly trend line… The melt up begins.
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@RonSwanonson My favorite aspect of this asset. I just want to beat the market even slightly and not have to pick stocks
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@Micro2Macr0 In hindsight the AI moves took the wind out of the bitcoin run last year
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#AI might steal some of the market juice right now but that's going to change soon enough. Just think about it. If you've made $4,000% gains off of SanDisk $SNDK, you're probably eyeing #Bitcoin and crypto, saying "yeah now's the time to buy a little".
Micro2Macr0@Micro2Macr0
$MSTR is still 66% off the high. I STRONGLY believe that if #Bitcoin can get to $125k-$140k, MSTR will get between $540-$1,500 over the next 2 years.
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Elon Musk did not go to Wharton. He dropped out of Penn with a partially completed degree in economics and then bribed the university to grant him a diploma to avoid deportation. If you have access to a paper he wrote, post an image.
Damian Player@damianplayer
in 1995, Elon Musk wrote three papers in University (Wharton). one was on a search engine for the internet. one was on electric cars. one was on solar energy. Google launched 3 years later. and he built the other two.
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@Micro2Macr0 I watch the 5 minute candles on this as a kind of background meditation
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@cantonmeow I remember summer 2022. I didn't sell in May but I sure did put the charts away
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@chaseposts @SolLunix A lot of a corporations expenses are wages which get taxed. it's an interesting point though
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@sakitechonline @GrahamStephan None of that was aid ? ! Haha. If your opinions are based off of crap reporting then you need to go back and check your sources
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Roughly 220 billionaires reside in California. They employ roughly 10 million people. If a wealth tax passes, everyone with a billion-dollar idea will think twice about whether they want to build that business in California. But that isn’t even the most dangerous part.
When this turns out to raise less money than expected, the bar will be lowered to $100 million. Then $50 million. Then $10 million. Then $1 million. They’ll call it “the millionaire tax.” And since ~80% of the California population isn’t a millionaire, they’ll vote it into existence because “it doesn’t affect them.”
But many of those “millionaires” are providing jobs. Housing. Innovation. Buying products and services. They’re a net economic benefit. If you discourage them from living in California, they will leave. Then it becomes a downward spiral where they have to tax everyone else to stay afloat.
Not saying the system is perfect. But a simpler solution might simply be: spend less money and encourage more people to move back / create a billion dollar idea.
Polymarket@Polymarket
BREAKING: California's one-time "billionaire wealth tax" all but officially confirmed to be on the ballot. 93% chance.
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@vibebuild @azerweb88 @GrahamStephan Okay. So 200 billionaires pay 1% of the tax's in a state of 65 million people.
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@AaronAaronJJ @azerweb88 @GrahamStephan They don’t actually. It’s a common misconception, the majority of taxes are paid by the “top 1%” but it’s regular millionaires like lawyers, doctors, etc. the ultra ultra wealthy have their $ in stocks, and they borrow against them to avoid creating taxable income
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@bif_loman @GrahamStephan Haha. Yep. They had to roll back the fee for local residents to get all the activity in the park back up
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Something similar is playing out in San Diego. To raise money, SD installed parking meters at Balboa Park. Now, revenue at the museums in Balboa Park is down $10 million since January and attendance is down 34%. Also, SD expects to collect $7.5 million less in hotel taxes because occupancy rates are down.
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@azerweb88 @GrahamStephan Billionaires actually pay the vast majority of the taxes. Ordinary people pay ver little of them. But you are talking about percentages of income right ?
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@GrahamStephan I can't understand why people so afraid of wealth tax.
Do you think it is FAIR that ordinary people pay around 50% tax while billionaire pay effective 1%?
FYI: 1st priority should be to cut fraud, abuse..
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@sakitechonline @GrahamStephan I am very interested. Please tell me more about the tax payer funded tax breaks for billionaires
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No, the bar won't be lowered. Pure speculation. There is no danger, no emergency. Chill. Let the voters decide. Also, I am okay with billionaires NOT being taxed if simultaneously we end complete and total tax payer funded welfare for billionaires (tax cuts, tax breaks, straight welfare, subsidies, etc). Then don't tax them.
Why don' you EVER mention the free faxpayer funded corporate and billionaire welfare?
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@AaronAaronJJ @Geiger_Capital If the State had no bearing on their wealth, why are there more Billionaire's in CA than any other state?
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@Geiger_Capital How much less did Billionaire's pay due to the BBB? Taxes are only talked about as asset seizure when it's coming on rich folks heads. They can afford to pay into the state that gave them all that wealth.
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@BitcoinTeacher_ Yep. Once macro rolls over a bit and Nasdaq has a correction based off AI bubble fears then Bitcoin will restart the lows
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@TeslaAaronL This is almost exactly my set up. Minus the lap top in my field of view. I make an extra 40-50k a year due to proclivity bump
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