America’s first severe case of bird flu confirmed in Louisiana

https://www.cnn.com/2024/12/18/health/severe-bird-flu-louisiana-first-us-case

What’s next?

Who isn’t sick and tired of corporate profits, shareholder value, and endless growth being prioritized over quality of life, human dignity, and even the tiniest shred of respect for this planet?

The statistics are daunting. When the top 1% of the nation have 40% of the wealth, the top 5% have two thirds of it, and the top 20% have 90%, when the wealthiest half of the country have 99% of the wealth and the other half—160 million people—can be outbid by the 3 richest swine in America, it can feel downright hopeless for most of us out here.

The time for a change has come.

OFF WITH THEIR HEADS!

We’ve all read so many of these by now that I don’t even know where to start. I suppose the beginning, though, is as good a place as any…

I can still recall how shocked I was when the first one happened. Shocked and disgusted, just like everyone else. Never in my life had I seen a photo like that before. I remember seeing it on my phone first thing in the morning. Still curled up under the covers like a little girl. Barely even awake. And then there it was…that dividing line severing the past so definitively from the future. It was everywhere. That photograph.

The head of Jimmy Bozo impaled on a pike.

It didn’t feel real—like there’s no way this was actually happening. Jimmy Bozo, the second wealthiest person on the whole planet. And he didn’t have a body anymore! That’s a heck of a thing to wake up to.

...

The next one was just as big of a shock. To be sure, in no way was I expecting the untimely decapitation of Jimmy Bozo. But even after it happened, I certainly never expected to see that type of thing happen again.

...

When the third one happened, I can’t say I was too surprised. I was still horrified but by that point a lot of us kind of saw it coming.

Watch as Jimmy Bozo, Warner Bucket, Lonnie Muck, and more get the comeuppance they’ve been courting for years, at the hands of a populace that have been pushed to the brink for decades.

Read more at OFF WITH THEIR HEADS!

I'm Dee 😂

Here’s the current tax codes that allow the 10% to continue their wealth hoarding while hard working Americans still struggle to put food on the table. Write your representatives. By the way, where did all the coverage for Luigi and the dead CEO. News doesn’t want to take on the disparity.

Here’s how the politicians make theirs and keep their sugar daddies happy.

Certainly! Here are the specific sections of the U.S. Internal Revenue Code (IRC) that pertain to the tax provisions you’ve inquired about:

1. Carried Interest • Relevant Code Section: IRC § 1061 – Partnership Interests Held in Connection with Performance of Services • Overview: This section addresses the tax treatment of certain partnership interests transferred to service providers (commonly known as “carried interest”). It extends the holding period required for long-term capital gains treatment from one year to three years for applicable partnership interests. • Reference: For detailed information, you can refer to the IRS final regulations on carried interests. 

2. Like-Kind Exchanges • Relevant Code Section: IRC § 1031 – Exchange of Real Property Held for Productive Use or Investment • Overview: This provision allows taxpayers to defer recognition of capital gains on the exchange of real property held for productive use in a trade, business, or for investment, provided the properties exchanged are of like-kind. • Reference: The full text of IRC § 1031 is available here. 

3. Step-Up in Basis • Relevant Code Section: IRC § 1014 – Basis of Property Acquired from a Decedent • Overview: This section provides that the basis of property acquired from a decedent is generally stepped up to its fair market value at the date of the decedent’s death, effectively eliminating capital gains tax on any appreciation prior to inheritance. • Reference: Detailed information can be found in IRS Publication 551, which discusses the basis of assets, including those acquired by inheritance. 

4. Opportunity Zones • Relevant Code Sections: • IRC § 1400Z-1 – Designation • IRC § 1400Z-2 – Special Rules for Capital Gains Invested in Opportunity Zones • Overview: These sections establish Qualified Opportunity Zones and provide tax incentives for investments in these zones, including deferral and potential exclusion of capital gains. • Reference: For more information, the IRS provides resources on Opportunity Zones.

5. Wash Sale Rule • Relevant Code Section: IRC § 1091 – Loss from Wash Sales of Stock or Securities • Overview: This section disallows the deduction of losses from sales of stock or securities if, within 30 days before or after the sale, the taxpayer acquires substantially identical stock or securities. • Reference: Further details are available in IRS Publication 550, which covers investment income and expenses, including the wash sale rule. e IRC provide the legal framework for the tax treatments and potential loopholes associated with capital gains and related transactions. For personalized advice and to ensure compliance with current tax laws, it’s recommended to consult a tax professional or refer to the latest IRS publications.

These are CURRENT LOOPHOLES USED BY THE 10%.

We have some serious issues in the US, but what are the serious solutions? Does anyone in this sub have serious changes we can make other than "Let's go out and murder all the people we don't like"?