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birb_cromble  11hr ago (text post)   179 thread views

Weekly Finance Thread

A weekly thread to discuss financial matters - from personal all the way up to global.

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  • Remember that we're all just Internet randos. Don't bet your life savings on a hot tip from this thread.
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Charitably, it could be tax loss harvesting. At high net with and income strategies like that can get pretty intense.

Isn't there a dollar limit on the amount of tax loss harvesting you can really do in a year?

For tax loss harvesting specifically there's a limit, but I'm going to go out on a limb and assume that somebody with Trump's net worth has access to tax avoidance schemes that don't even have names yet.

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A motte is a stone keep on a raised earthwork common in early medieval fortifications. More pertinently, it's an element in a rhetorical move called a "Motte-and-Bailey", originally identified by philosopher Nicholas Shackel. It describes the tendency in discourse for people to move from a controversial but high value claim to a defensible but less exciting one upon any resistance to the former. He likens this to the medieval fortification, where a desirable land (the bailey) is abandoned when in danger for the more easily defended motte. In Shackel's words, "The Motte represents the defensible but undesired propositions to which one retreats when hard pressed."

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