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Re: BBANBOB post# 59172

Friday, 03/15/2024 12:49:02 PM

Friday, March 15, 2024 12:49:02 PM

Post# of 60209
....Dude: my original point IS/WAS..................a HUGE WINDFALL PAYOUT on uwbi.........is a taxable and therefore painful event.......GOOD PAIN......but further, the FDIC is publicly bragadocious (to it's sister the IRS and its parent, the UST) about paying out BIG CHUNKS of dividends...............

.....that's it............BIG MONEY payouts have tax consequences......bigger money = more tax......ordinary income is THE MOST PAINFUL because it has the HIGHEST PERCENTAGE TAX RATE..............pushes the other money earned that year into a higher bracket..............

.....pay a few million into the government, BUFFY....and you will share my sentiment.........supporting socialism is not one of my causes, BUFF............murder babies on your dime, BUFF.......

...so, BUFFY, your apologies will be taken under advisement..................

................................GO ORIOLES.....................................................








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