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Joel and Kathryn Friedman, both 71, are counting the days until they can sell their home and move into a 55-plus community.

The retired empty-nesters have been ready to downsize for years, but are reluctant to sell their five-bedroom, 5,000-square-foot Southern California house [mansion] in large part because of at least $700,000 in capital gains taxes they estimate they'd have to pay.

Since 1997, home sale profits over $500,000 (for married couples) and $250,000 (for single filers) have been subject to a capital gains tax of up to 20%. That threshold hasn't changed since 1997, meaning that — between inflation and soaring home prices pushing an ever higher number of houses above that limit — many more home sellers have to pay the tax now than when it was first implemented.

The Friedmans are among a growing number of older homeowners discouraged by the tax from selling their valuable properties. Housing economists say that dynamic has exacerbated a shortage of family-sized homes on the market, especially in expensive places like California.

The Friedmans' house is too big for them, and maintenance costs are only rising, Joel said. "There are a million reasons why we'd like to move, but we're not because the tax is just burdensome," he said.

But that could change — there's bipartisan support in Congress for raising the federal tax threshold to boost home sales in a stagnant market.

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Paywall removed: https://archive.is/nux8Y

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cross-posted from: https://lemmy.world/post/34017930

No Federal laws broken dumbass

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Ring footage shows an agent pulling his gun on her, after which he shoves her down multiple times, pushes her back into house & slams the door.

All because she was asking for proof of a warrant. They refused to even give their names & badge numbers.

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What if stupidity isn’t about intelligence at all, but about surrendering the will to think?

In this powerful and thought-provoking educational video essay, we explore Dietrich Bonhoeffer’s timeless insights into human behavior — revealing how smart, well-meaning people can fall into dangerous patterns of unthinking conformity.

We blend philosophy, psychology, neuroscience, and media analysis to uncover: ✅ Why intelligent people sometimes support harmful ideas ✅ How groupthink and social pressure can override individual judgment ✅ What practical steps you can take to stay intellectually independent in today’s information-saturated world

This is an educational and analytical video designed to promote critical thinking, self-awareness, and responsible decision-making.

We cover historical examples and modern challenges, from social media echo chambers to the rise of AI-driven misinformation, offering practical insights and constructive methods for personal growth.

Souces: https://docs.google.com/document/d/1sgAmBU8EbUgqo5SRqsZncmoob_iCDRTwFasop28BTq0/edit?pli=1&tab=t.0#heading=h.1p1u4eoozh3c

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Now I need to do the math on space karen/ henery ford 2.0 aka Mr my autism makes me prone to outbursts of fascist apologia.

I did the math recently and if you took the assets of the wealthiest 1% and divided only half of it amongst the remaining 336.3 million Americans it would be a check of approximately 68,000 for every man woman and child and those bloated blood sucking leaches would still have an average remainder of just under 6 million dollars each.

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Buffett didn't hesitate. "If I knew where I was going to want to live the next five or 10 years, I would buy a home and I'd finance it with a 30-year mortgage, and it's a terrific deal," he said.

He didn't stop there. "If I was an investor that was a handy type, which I'm not, and I could buy a couple of them at distressed prices and find renters... it's a leveraged way of owning a very cheap asset now, and I think that's probably as attractive an investment as you can make now."

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Assuming it was federal minimum wage of $7.25/hr and he was working 60 hour weeks with 20 hours of time and a half pay at $10.875 it would take exactly 9,149,826 years working 3120 hours a year for a total of 28,547,457,120 hours worked. Or if satan is nice and lets him have more time off and jeff only has to work 40 hours a week then he will have to work 15,994,695 years or a total of 33,268,965,600 hours. If only hell were real so billionaires could be adequately punished.

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cross-posted from: https://fedia.io/m/[email protected]/t/2476878

Update also blocks compatibility with popular third-party apps.

Well, this is definitely the wrong direction.

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A Boring Dystopia

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