#supermoney — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #supermoney, aggregated by home.social.
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🚨Big Brother IRS? AI is Watching Your Taxes
The IRS is now using AI to crack down on tax evasion—especially targeting high-income earners and big corporations. What do you think? Smart enforcement or government overreach?
🔗 https://bit.ly/4i3TzYk
#IRS #AI #SuperMoney -
There is nothing new in the world.
In 1972 a book called "Supermoney" laid out our modern financial world.
https://www.google.com/books/edition/Supermoney/S0U_U-MDVGMC?hl=en
The outline explains Trumps stock grift with Truth Social.
Create a start up, maybe takes a couple of hundred thousand dollars and you might be able to borrow that or have "investors" pay for it. Get the start up off the ground enough to go public. You now have stock in a company that basically cost you nothing.
At this point, real people ("suckers and losers") put real money into the stock. Maybe a few make some actual money. Whenever you want, you cash in your free shares and pay the next to nothing capital gains tax rate. Stock buybacks amplify this grift
#TFG currently has something like a $1.5B stake in a crashing stock. On cash in day, he doesn't care that much if it only a billion or $750M. Either way it is free money. It is his cult members who put up real cash to "invest" in this turkey that will lose real money.
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There is nothing new in the world.
In 1972 a book called "Supermoney" laid out our modern financial world.
https://www.google.com/books/edition/Supermoney/S0U_U-MDVGMC?hl=en
The outline explains Trumps stock grift with Truth Social.
Create a start up, maybe takes a couple of hundred thousand dollars and you might be able to borrow that or have "investors" pay for it. Get the start up off the ground enough to go public. You now have stock in a company that basically cost you nothing.
At this point, real people ("suckers and losers") put real money into the stock. Maybe a few make some actual money. Whenever you want, you cash in your free shares and pay the next to nothing capital gains tax rate. Stock buybacks amplify this grift
#TFG currently has something like a $1.5B stake in a crashing stock. On cash in day, he doesn't care that much if it only a billion or $750M. Either way it is free money. It is his cult members who put up real cash to "invest" in this turkey that will lose real money.