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Joined 5 months ago
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Cake day: May 28th, 2024

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  • Basically, grandma bought a house, hasn’t paid off the loan, and the house is foreclosed. He wants to buy the house (maybe with his Grandma’s blessing) for the remainder of the loan amount. Because the “value” of the house, as determined by the market, is much higher than the amount remaining in the loan, he would have to pay taxes for acquiring a “gift” amount of the difference.

    It’s complicated because it gets into wealth transfer laws, and how taxes work in a particular system.

    On one hand, generational wealth is a real problem because it lets the rich get richer down their lineage especially for the ultra wealthy, but on the other, if my parents want to give me a house that they paid for and own, why should the government be able to demand some 20k in taxes for my inheritance?


  • I’m also in the second camp. Plus, censoring the bad words on specific users is a few too many steps closer to don’t say gay on the internet. Is ass ok but not fuck? Is sex talk forbidden? All mention of anatomy, including general questions about health? How about they ban anti-capitalist language too? The tiktok language phenomenon shows that users will absolutely just make do getting around communication bans, “unalive” and “le$beans” being the most popular. This type of censorship has already happened on other platforms, and it’s all bullshit and useless.