₦airaland Forum

raumdeuter:
Why the hypocrisy of focusing on someones personal life as long as it doesnt break the law

That is a question more suited for Republicans who say if you vote Democrat then you are not a Christian. It is more suited for Republicans who claim women are not fit for office because they are too emotional. It is more suited for Republicans who vilify LGBTQ folk who are elected officials simple because of their sexual orientation.

raumdeuter:
Increase in value is only real when you have cashed it out/realized it

That you have 100m in Tesla stocks mean nothing until you sell it. That value when they realize it, then tax it

You then argue they might not cash it but they can leverage it, Then tax it when they leverage it. You don't take action on what one CAN do

OK I think I would agree, if you leverage an unrealized asset then you should be taxed.

raumdeuter:
You don't have to build in a commercial area to use it for commercial use. Your car can be for personal use and will be treated as it, YOU CAN also decide to use it to make money and drive it as Uber, Until you do that, you shouldnt be subjected to Uber treatments

It doesn't make sense to treat things based on what they can, but what they are

You can become a billionaire, should I start billing you like a billionaire now? You can also become a criminal, should you be jailed like a criminal now because you can become one

It is not simple what they can but value. Why shouldn't the increase in value be taxable?

IjeBos:
You should ask any of them if they even have unrealized capital gains.
The proposal is to tax unrealized capital gains of people with assets over 100 million.

One of the problems with the current system is that some of these people just borrow money off that unrealized gain. So they are never taxed on it. Someone like me would have to realize that gain (sell the asset), then get taxed if I wanted to use that money.

I don't think a lot of people here understand the depths a lot of wealthy people go to not to pay taxes. My boy was telling me about how his Bank has financial instruments for MD level and above employees to help them pay less taxes. Of of them was "creating losses" to help them offset their taxable income.

I mean isn't it clear? Assets are taxed based on value. If the asset value depreciates then so should the tax and vice versa.

raumdeuter:
Then tax the leverage. Not everyone choose to leverage it.

If you have a house for personal use, and your neighbor choose to use his own house as a museum or cinema to generate income. It doesnt make sense to treat both as the same and impose business taxes on you because YOU CAN use your house for business too, what makes sense is to tax you the moment you decide to, not tax what you havent done

If you build a residential building in a commercial zone you should expect commercial level taxes and rates.

raumdeuter:
You can leverage it till its 10m until you cash it out its still unrealized. and stupidd to tax
Invest 100k in Tesla its now worth 100M. That 100M is not yours until you liquidate and cash it out

I think if it can be leveraged then it deserves to be taxed. Any asset that can be leveraged should be taxable because you can't be acquiring value and not be taxed.

raumdeuter:
You invest 100k in stocks, your stocks rise to 150K but you have not sold it, why should you pay taxes on gains and profit you havent sold/realized?

And what happens if the 150K portfolio comes down to 50K?

So you leverage your newly acquired value to obtain other positions, why shouldn't your increase not be taxed?

raumdeuter:
Kamala is proposing a 25% tax on unrealized gains

The more she talks about her economic comedic agenda the more ridiculous she sounds

Can you explain why it shouldn't be taxed

auditor0471:
Chai…..these guys take us all for a fool, you are selling something below the cost price and you are saying it’s not subsidized…that government paid you the difference simply means government is paying subsidy which Tinubu openly without thinking said it’s gone.

Decision has consequences Tinubu Decision without proper planning on that swearing day brought us to this mess today

Don't mind them. They think they can use grammar to confuse us. As long as government is paying the price difference, it is subsided.

Aemmyjah:
According to Lordreed who does not want to think properly, one who is saying something about a gas or element must confirm it's properties in every other planet 😂

It's a pity that your reasoning capacity has been mortgaged for beans. LoLz.

dinomcjohn:
What an awesome God we have! What a glorious God we worship! I can say it again and again: I serve a Living God!

Truly, we serve a God who is actively watching over us. We have a Father in heaven who loves us dearly. He knows all things and ensures all things work out perfectly for us, even when we are completely oblivious of the reality or danger inherent in a particular situation.
On the 28th day of February 2024, I went to the Alaba International market at Ojo, a place located about 65km west of my house in Ajah, Lagos, to get some items. In the morning, before leaving the house, I prayed to God for His guidance and favour in the journey and all I would do at the market. After getting the electronic items—a piano keyboard, 3.5Kva generator, 43 inches Smart TV, two refrigerators, and a rechargeable fan, we got the items placed in a vehicle that would convey them to my place.

[b]With the items arranged inside the vehicle, we were set to leave. However, at this point things began taking a different turn. The driver stepped away briefly, perhaps to settle a few things before leaving. As I waited beside the car, a group of thug-like young men, most likely levy collectors, appeared. They aggressively demanded to see the driver so as to get a fine (for wrong parking) from him. I told them the driver had stepped away briefly. Angrily, their leader asked the men to deflate the vehicle’s four tyres. What! I was aghast. This was going to delay my journey back home. I tried stopping them. I asked them what they wanted from the driver. It was only N1000. All the cash I had in my pocket was N900. I tried giving them but they refused. Hastily, they deflated all tyres of the vehicle and moved away. I was exasperated. Why would the driver leave his vehicle in the first place? Where could he be? I had to leave because evening was fast approaching. Ajah was a distant journey away especially considering the usual traffic congestion at Lekki.[/b]

[b]After a while, the driver arrived. He quickly ran after the men, paid them and returned with the valve caps of the tyres. Then he got a vulcanizer to inflate the tyres. Time was drifting by quickly. The vulcanizer began pumping the tyres with an old rickety machine that was frustratingly slow. He successfully inflated the two rear tyres and the driver’s tyre. While inflating the front (passenger) tyre, which was the last, he complained to the driver that the tyre was bad and he could not continue. The tyre could not be inflated. He switched off the machine and left. Again?! I muttered. I was flustered, angry and disappointed. What is the reason for these delays? I thought quizzically. Nothing seemed to be working. I was bewildered. I however was not ready to think much about it. All I cared at the time was overcoming the delays so I could get home early as I tried avoiding a night journey. The driver was trying to fix the bad tyre or replacing it perhaps with an old spare tyre. This was a no-no for me. I would never board a vehicle with a faulty tyre. I was done with the vehicle. I asked the driver to get me another vehicle. Without any success, I tried calling the number of Mr Divine, the merchant from whom I had bought the items so he could come and assist in the annoying situation. The network was notably disappointing. There was no progress. [/b]

God works in mysterious ways! Surely, God was working but I was yet to realize this. Unbeknownst to me, there was something wrong but I knew it not at the moment. In fact, at this point, the thought came to me again: what could be wrong? Afterall, I had prayed before leaving home. Again, I dispelled the thought since I was overwhelmed with the prospect of getting to my house in Ajah early. Upon my request, the driver got one of his colleagues to convey the items. After a tedious negotiation, the second driver agreed. However, his vehicle was parked quite a distance further down the road. Thus, the items would have to be offloaded and taken in a big cart to his own vehicle. The items were loaded on the cart and moved towards the vehicle ahead. Now, the second driver and I had to board a tricycle (Keke Napep) to meet the cart pusher and the items. What happened next was shocking.

As we sat inside the Keke Napep, a quarrel ensued between the second driver beside me and the driver of the Keke Napep. What was the issue? Whereas the Keke Napep driver demanded N800 transport fare probably because I was carrying the keyboard (which had not been placed on the cart alongside the other items), the second driver with me insisted the fare was only N200. To me, there was no point arguing. Time was far spent. I told the men not to worry. I would pay the N800. We just had to keep moving. However, the second driver blatantly refused, insisting the fare was unreasonable. While I was angrily questioning his stance, he alighted. To him, the fare demanded should not be paid. I was forced to alight as well. I had had enough. The events leading to this point had been frustrating already. I told him not to bother. I would get another driver. Eventually, he (the second driver) left. The deal was cancelled.

Then the thought came to me again. This time, I was a little solemn about it. Why was nothing working? In spite of the efforts and my persistence, why was I facing issues that were holding me back and preventing me from leaving the market.

Amazingly, the Holy Spirit showed me the reason and I was shocked: One of my items─ the smart LED TV─ had not been placed alongside others initially. In fact, I realized I could not remember seeing the smart TV all through the times the items were initially placed and taken off the first car and then loaded on the cart. Haa! I muttered worryingly. What was I thinking? Perhaps, the TV was still at the merchant’s store. Frantically, I dialed the merchant’s number to no avail. I left the keyboard with a few men sitting close by and then ran to the store. When I got to the store, the merchant told me his boys had taken the TV alongside the other items. The merchant and I quickly walked back towards the first vehicle. Lo and behold, the smart TV was in a corner, propped against the fence. “Wow!”, I gasped. Certainly, I was greatly relieved.

“Thank You Lord” I said quietly. Then it dawned on me. This was the reason for the delays. Had I left with either the first or second driver, the TV would have been stolen. It was clearly in an open space with hundreds of passers-by. In fact, the TV might have been lost if I had even left the vicinity. This was purely God at work. No wonder nothing worked. The answer was crystal clear to me: whereas I was rushing to leave, God prevented me from leaving because He did not want me to lose any of my items. How awesome is this God! I had committed all things into His hands. He actually handled all perfectly.

Interestingly, immediately the TV was found, things began working. There were no more challenges. Instantly, we got a new driver whose vehicle was in the same parking lot. We placed the keyboard and TV inside his vehicle. Afterwards, we drove forward to meet the cart pusher who was with the other items. I was even worried about the safety of these other items but the men tried to allay my fears. We eventually got to the cart pusher. I inspected the cart. All items were in place. We arranged them in the vehicle and it was time to leave.

The men with me, having observed and heard all that had happened, made a statement. They told me: “Continue serving your God”. I replied, “Certainly, I’m serving a Living God”. They were visibly impressed with my testimony. Yes, my testimony is that God prevented me from losing my TV which I bought for N210,000. May His name be glorified forever. God is good all the time, all the time God is good. And there is an even more refreshing aspect to my testimony: I have a God who loves me, ever watches over me, works things perfectly for me, fights for me and wants the very best for me. For this, I give God all the praise, thanks and glory.

Then I realize: Once you place all that belongs to you in the hands of God, He will surely keep them perfectly. God will keep all for you, that is, from the smallest of things to the most expensive or costliest, including your life and the lives of your loved ones. I can say boldly ─ God is our greatest assurance. He is the Answer. He is the Perfection we need. Ever!

As we continued the journey to Ajah, I began reflecting on the events. The whole thing was simply amazing. In retrospect, I could see the amazing grace of God. I winced at the ridiculousness of my hastiness all through the delays. Amidst others, the three delays were now seen as divine intervention. First, the aggressive young men that deflated the tyres. Second, the vulcanizer stopping midway because of a bad tyre. Third, the second driver getting off the tricycle, thereby forcing me to also get down. All these were perfectly orchestrated by God.

I got home safely with all the items in place. My simple prayer had been perfectly answered. Truly, the steadfast love of God never ceases. His faithfulness, most amazing, is forevermore. This is my testimony. All glory be to God forever and ever. Amen.

Why are you people always impressed by coincidences that happen from time to time as though it was your god that did it?

I almost made a costly mistake this last weekend that would have cost me more than twice the cost of your TV. I was trying to book airline tickets and the payment was not going. I was trying again when I realized I had selected the wrong flight. Was it the god(s) I don't believe in that did that? Abegi.

EreluRoz:
Atheists are not well before before

How many of them are bold to come out as an atheist, they always hide but have front row seats in churches while they practice their atheist online. Example is Seun, Seun is a very prominent member of RCCG, he can't even deny it.

So that bigots like you can make their lives miserable, init.

Aemmyjah:
See the silly question you ask
If I wamt to ask you something about elements, I have to find out how it exists in other planets right?
What about elements like Aluminum that are not found in some other planets
Go download sense in play store
Dum dum to the power of 10

Bwahahahahaha! Simple question you can't answer. Go and look for your brain where you dashed it out. LoLz.

Aemmyjah:
If you like, fly to Neptune
I'll still expose your ignorance on simple sciences

In Neptune, you find oxygen as a free element or as a mixed compound?

When you answer my question I'll answer yours, don't dodge.

Aemmyjah:
You don't know anything

Good. Now as a chemical element, it exists in what state? You cannot take one and leave the other

LoLz. Dumdum learn science. State depends on factors such as temperature and pressure. On Earth oxygen can exist as a gas whereas on Neptune there is no gaseous oxygen. Can you guess why? Answer o don't dodge. LMAO!

Aemmyjah:
Oxygen is a:

- Colorless gas
- Odorless substance
- Tasteless gas
- Essential element for human life
- Vital component of the air we breathe (making up approximately 21% of the Earth's atmosphere)
- Necessary for combustion and energy production in cells (in the form of ATP)
- Supporter of cellular respiration and metabolic processes


Dumdum pro max

Stupido is confusing STATE and properties with what it is. Oxygen is a chemical element, it's STATE at room temperature is a gas. Learn science not nonsense.

Aemmyjah:
Oxygen is a?
Solid?
Liquid?
Gas?


You better reset your brain today

Dumdum it is a chemical element.

KnownUnknown:
Hera is currently distracted by Heracles.

Lucky dude.

Aemmyjah:
You're a dullard

Oxygen (O) is a gas

Under artificial process, it can be made to become a liquid or solid...

It is not what oxygen can be. It is all about what oxygen is

Now, ask the same Chatgpt if stone can be a liquid or gas and then answer this question

'is there a liquid stone '

Dullard squared. Of course there is liquid stone, what level of stupidity are you sinking too for Andromeda's sake. LoLz.

Dumdum jaephoenix said he showed pictures of oxygen, did he say of gaseous oxygen? Your dull 1 dimension brain thought only gaseous oxygen is "oxygen" therefore he must have been wrong.

KnownUnknown:
She’s busy being a dominatrix to Yahweh.

Does she know how jealous Hera gets? She should ask Medusa.

Aemmyjah:
Lemme ask to know if Jaephoenix is telling the truth or an ignorant LIAR

Dullard.

Aemmyjah:
Liquid and solid oxygen?

The joke is on you and your backward thinking brain

LMAO! Stupido that doesn't know that a gas can change states. You are TOO DULL.

Aemmyjah:
Where do you see a gas to take pictures of it? Dum dum pro max

Stupido, jaephoenix showed you pictures of LIQUID and SOLID oxygen you are here talking of gas. Ain't you foolish? LoLz.

triplechoice:
The main process has been summarized for him already; ,Extreme temperature is the main thing that liquefies Oxygen gotten from the atmosphere.

He should have asked the right question to know more. He didn't do that due to ego,but instead he ran to chatbot where he got a more detailed explanation of the same thing already explained,and concluded without understanding what he read that liquified Oxygen is artificial because he saw the expression "artificial process" Just imagine..

He just likes making senseless arguments. He will post something that debunks himself and he will be arguing.

Aemmyjah:
By artificial process right?

Here in Akwa Ibom, people can bake blood and sell and it looks like meat by apperance and by taste.

If you had common sense, you'll first understand the properties of gas and what it does to other elements

Oxygen, my dear delusional, self-dishonest atheist, is a gas and gases are invisible to the human eye. How do you take pictures of what is invisible?

Bwahahahahahaha! Dummy has never heard of the state of matter. You keep proving you are truly stupid. Gas is only one state of matter. Oxygen like water can be in at least three states depending on the temperature. You are too dull for this discussion. LoLz.

Aemmyjah:
Oxygen in it's natural state or at stp is?

You are dull I swear. LoLz.

LordReed:
You are embarrassing which ever University and secondary school you claim to have finished from.

Oxygen is gas AT ROOM TEMPERATURE. You can lower the temperature to get it into liquid or solid state. Same way water is a gas at 100°C, liquid at room temperature and solid at 0°C. Basic science that primary school pupils know for crying out loud.

Aemmyjah:
Who altered it
I'm talking about pure oxygen?


That's why your brain is so dull, you don't know how many genders are there? Something a primary 1 child will tell you in his dreams

Dumdum where do you see pure oxygen? In air where it is mixed with other gases or in tanks where it has already been distilled? Stupido.

DeLaRue:
It is not a personal property.

Future President's will use it.

A Nigerian President needs to be able to fly in a plane owned by Nigeria as and when needed.

People who say the prime ministers of some countries in Europe use commercial planes. Yes, but those countries airports and airlines are very well connected to other countries.

Nigeria airlines don't fly to many countries. I think Airpeace only flies to the UK.

So, what if Nigeria's President needs to travel to France, USA, Brazil etc? He should fly Air France, or United Airlines? What if those airlines are not available on the day he needs to fly?

Because the price of beans and garri is high, Nigeria should not buy an aeroplane? I disagree.

The Nigerian government can do both - buy the plane and continue to work to make life easier for citizens.

Then why not a smaller plane for crying out loud? And a Boeing with all the trouble Boeing planes are having?

Aemmyjah:
Olodo
You don't know anything about science

You are truly stupid. Did you not see low temperature there? Airhead.

Aemmyjah:
You're not serious

You don't know anything

Now I know you are truly stupid.

Aemmyjah:
😂
Oxygen in solid and liquid forms?

You're not serious o
Oxygen or O2 is a gas
Oxygen is invisible to the e human eye
Is bubble an oxygen then?

You are embarrassing which ever University and secondary school you claim to have finished from.

Oxygen is gas AT ROOM TEMPERATURE. You can lower the temperature to get it into liquid or solid state. Same way water is a gas at 100°C, liquid at room temperature and solid at 0°C. Basic science that primary school pupils know for crying out loud.

jesusjnr2020:
Some obviously seem to be missing the point here. It's not about winning Gold medals at the Olympics, but that the guy behind the Olympic record and such an incredible gravity-defying leap, chose to credit his record-breaking feat to Jesus.

That's what this is about.

God bless.

So if someone dedicated their own feat to Allah or some other god what would that mean? That that god was powerful or supreme? Such primitive thinking.

The fact that the games are even of pagan origins is an irony lost on you it seems. LoLz.