Jeff Jennings
@malibu
Followers
278
Following
413
Statuses
86
Lawyer, 3 time Malibu mayor, trainer of horses, cowboy manque
Malibu
Joined November 2007
RT @shellenberger: For more than a decade, the media, Democrats, and Hollywood have told us that Western civilization in general and the Un…
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RT @a16zcrypto: Debanking (and "de-risking") has been happening behind the scenes for years but is back in the public conversation, with ma…
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RT @milesjennings: Looking to get caught up on the debanking controversy? We got you covered (link in next tweet):
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RT @TheBabylonBee: Election Officials Assure Everybody Things Are Looking Good And You Can Go To Sleep And They'll Take Care Of The Rest Of…
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RT @BehizyTweets: Dear Democrats, After Trump wins, by the grace of God, I promise to advocate for a complete audit of the results to ens…
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RT @milesjennings: Lawfare like this should scare everyone. It's not that lawfare is new — Jefferson wrote about tarring and feathering th…
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RT @milesjennings: Left: Description of the city of San Francisco's commissions. Right: CIA instructions on how to sabotage the effectiven…
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RT @milesjennings: To Americans, attacks on free speech may sound far-fetched, but there’s actually a clear path. In the 90’s, Congress p…
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RT @milesjennings: I’m all for calling out lawfare, but crying foul about justified and legitimate government actions against criminals doe…
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RT @milesjennings: Yesterday was a setback, but builders in crypto should keep their heads up. This is a reminder that the bad facts of a…
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@asymmetricinfo It would be less offensive if capital gains were indexed for inflation. But didn’t we try this back in 80’s? I seem to remember carry over basis on death being introduced and the heads of every tax accountant immediately exploded. I think it lasted less than a year.
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@JoeBlow60252271 @asymmetricinfo True, but confused. The stepup in basis has nothing to do with estate tax. It has effect only when the inherited property is subsequently sold or depreciated
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@asymmetricinfo Well, that’s what the estate tax does now, with a baseline exemption and a different rate structure than income tax, but basically the same as what you posit, although the tax is imposed on the estate and not the recipient
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