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The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
If you have a position, just hold it, set up alerts and forget about it. When it pops off , it pops off whether its 10 days or 10 years from now
Realistically, how much tax revenue would be generated specifically from the shorting fukkery if capital gains tax rate was raised and would it really make a big difference in the big scheme of things?
Leavingtheecstasy
All Star
Considering that if this goes down then raising gives them billions more
Think about the millions of people invested who instead of paying thousands, will be paying hundreds of thousands to millions.
Almost half of what you'll make from this will go to them if they raise the gains.
Leavingtheecstasy
All Star
House Democrats propose raising capital gains tax to 28.8%
‘Dramatic’ increase in IRS capital-gains transactions as Biden administration considers raising tax rates on the wealthy
As far as I know the dems are currently trying to raise them.
The volume literally disappeared 
Mitch is still insisting that Democrats are going to handle the debt ceiling issue as he knows that they have the votes to do so.
DJ Paul's Arm
Veteran
Is Mitch forcing the dems to choose which bill they want to use reconciliation with? This one or the infrastructure bill?
I get that but just as an example, federal tax revenue for 2020 was 3.4 trillion. Made a quick google search and it's estimated that they would make roughly 30 billion extra if they raise it. How much of the 30B would be a direct result of the total shorting fukkery?
I think it has more to do with them trying to buy time to structure the falling of multiple financial institutions so it doesn't spread all at once. They are trying to avoid another 1929/2008. This thing might end in trillions of dollars in bailouts. Raise on capital gains would be nice for them but it might end up being a small cup in the bucket (bigger that a small drop of water but still relatively small)
Yep. That's exactly what he's trying to get them to do. Republicans aren't going to bother with the debt ceiling bill as they know Democrats have the votes to make it happen just like they do with the reconciliation bill. It's fukked up, but it's a smart power play
It sounds like they are going to come up the money from somewhere without the GOP and save the fight for another day.
I AM WE ARE
Banned
So are they about to start covering?Yep. That's exactly what he's trying to get them to do. Republicans aren't going to bother with the debt ceiling bill as they know Democrats have the votes to make it happen just like they do with the reconciliation bill. It's fukked up, but it's a smart power play
It sounds like they are going to come up the money from somewhere without the GOP and save the fight for another day.
Nahhhh I don't think so. It's more so just another kick the can down the road and we'll worry about the rest later type of situation. The bottom is going to fall out surely, but just a matter of when as it's only so long they can keep patching up the problem.
Reality
Make your own luck.
If you don’t have GME, now’s probably a good time to get some. I think GME may be closer than AMC to squeezing, but GMe could also be our trigger. I hold both but way more AMC. Gonna pick up a few more GME and DRS my existing shares.
The D-List Vet
Being in a recommendation system.
starting to feel like you @I Really Mean It HF playing games with the money we are owned now.Detroit Wave
Veteran
Them Reddit cacs already prone to mass shootings so I wouldn’t be surprise if one em start wildin and clapping up HF execs
