Hopefully Tesla share price bounce back today as Trumps response on Truth Social tanked the stock price overnight....lol
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One Big Beautiful Bill - Section 899 - Increased US Taxes on Foreigners Investing in US
- Thread starter Martin Everson
- Start date
I guess you are not watching other countries political debates . They are just as good. I like this forum a lot due to very smart people and their knowledge.
You mean the same guy that laughed at BYD 13 years ago....lol?
Chinese EV titan BYD annual sales hit $100 billion eclipsing rival Tesla
https://edition.cnn.com/2025/03/25/cars/china-byd-annual-sales-pass-tesla-intl-hnk/index.html'US no longer a safe nation for investment': Why Carmignac chief economist thinks Trump's 'revenge tax' will backfire
https://www.msn.com/en-in/news/othe...-trumps-revenge-tax-will-backfire/ar-AA1Gd4pj---- quote start
Wall Street consensus
According to Bloomberg data, the Wall Street consensus is that the tax provision would further decrease investors' confidence in US assets, which are already shaken by Trump’s trade policies and America’s deteriorating fiscal accounts.The tax provision could trigger a 5 per cent fall in the dollar and a 10 per cent selloff across equities, according to Allianz SE chief investment officer Ludovic Subran.
-- quote end
I am very afraid of going back to USA now. It's a scary situation for everyone. See Los Angeles city chaos in news . Saturday night live show would be very interesting with this kind of political climate created by all of this sad experience
I was referring to Trump who trashed the whole EV car industry by his statements. As per environmental scientists EV cars offer a better future for environment but dangerous politicians they are blank blank about.
Oh I misunderstood you..ooops
Yeah that's another topic and hopefully that stuff don't escalate further and things go full authoritarian, marshal law etc
.Anyway if one is living in an unfriendly country to US think wisely if you want to hold US investments if this bill passes "as is". The political risks are high and that is not something often said when one invests in the US financial markets.
This is what democracy leads to ... its rubbish, getting worse and worse, avarage person is more raterded than ever because of social media, junk food etc... I hope with the help of God the monarchy will be restored one day.
Monarchy? Like when those that now have social media and junk food simply count not read and did have no food?
I think he means more like Monaco, Brunei or the Gulf States. There are undeniably successful modern monarchies. There are also less successful ones like Eswatini, and de facto monarchies even if they dont formally call themselves that, like North Korea, Togo, Azerbaijan and Equatorial Guinea.
And the king/president/dictator has to have absolute or near absolute power, otherwise I wouldnt call it a monarchy. Like the Netherlands or Sweden arent monarchies. And for places that dont call themselves monarchies, but have an absolute ruler, I count it as a monarchy if the power is handed over to the son (or daughter but thats unusual) of the ruler, when the ruler dies. (And it's always when they die, kings dont deliberately leave power, that's not how it worked historically, and not how it works today)
Yes, but then you would need to hope for the help of Allah, not God.
Sucess is always a matter of definition.
To step away from the two retards fighting on the internet and back to Section 899, the worst part is that determination of what is an unfair tax is an administrative determination. That will be abused by every president going forward in different and unpredictable ways. When the IRS is done with its rule making for implementation, it will start as a mess and only get worse.
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