AVALANCHE_CHUTES

Are you aware that the picture you uploaded contains GPS coordinates of where it was taken? Imagine you don’t want the internet knowing where you possibly live or work…

using google docs to submit a pic.

That hasn’t had the GPS exif data stripped out…

Did you evacuate your bowels in your wet suit too?

There are at home screening test too, no? Like where you send a stool sample?

The United States taxes people based on their income and investment gains, not according to their net worth. But ProPublica calculated that after all the fancy accounting work, the 25 richest Americans paid what it called a “true tax rate” — the proportion of their total wealth paid in taxes — of only 3.4 percent. That is a tiny fraction of the amount that affluent Americans are supposed to pay in income taxes — 37 percent — or the 20 percent most pay on proceeds from asset sales.

How is this at all surprising? You only pay taxes when you realize capital gains. If you just hold on to your stock you pay nothing. But as soon as you sell or pass the unrealized gains on to someone else (ie inheritance) you’re hit with the full tax bill. It’s just a question of timing and not some convoluted loophole. Just like if your house appreciates 20% in value in one year you don’t owe Uncle Sam anything until you sell the house.