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We must stop private equity and big banks from forcing working class people from their homes. (Original Post) Yo_Mama_Been_Loggin Oct 26 OP
Absofuckingloutely! SheltieLover Oct 26 #1
Private Equity... GiqueCee Oct 26 #2
Our tax system rewards them wolfie001 Oct 26 #3
Private equity and capitalism are two of the worse words in the English language, among other words of course. SWBTATTReg Oct 26 #5
And it's all because... GiqueCee Oct 26 #6
Winning would be a start. HagathaCrispy Oct 26 #4

GiqueCee

(1,310 posts)
2. Private Equity...
Sat Oct 26, 2024, 01:08 PM
Oct 26

... lifted their business model from the Mafia. They, and their proponents and defenders, are the scum of the Earth, and should be dealt with accordingly.

SWBTATTReg

(24,041 posts)
5. Private equity and capitalism are two of the worse words in the English language, among other words of course.
Sat Oct 26, 2024, 02:21 PM
Oct 26

They have been abused and used enormously to benefit only a few of those at the top, as well as skewed tax rates, and thus, the rest of us are left holding the pieces of what remains (which is not much).

Don't get me wrong, I do believe in these systems, but they have been abused in the extreme, to the point where stocks/land/other assets are technically never sold, thus incurring no capital gains ever, and income via the usual methods isn't technically income anymore, thus, the wealthy gets wealthier all the while paying very little tax. That support the very same infrastructure that allows them to benefit from all of the spoils that the taxes that the rest of us pay.

Seems wrong, doesn't it?

GiqueCee

(1,310 posts)
6. And it's all because...
Sat Oct 26, 2024, 03:19 PM
Oct 26

... bought-and-paid-for Republicans let the wealthy write, or at least influence, the tax laws they abuse. Corrupt judges and SCROTUS justices don't help matters.

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