Aaron Klein @AaronKlein
Husband and Dad to your typical, average Korean-Ethiopian-American family. Co-Founder and Founding CEO at Nitrogen. Striving to live Isaiah 1:17. Love Idaho. aaronklein.com Boise, ID Joined May 2008-
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So proud of this amazing woman graduating Summa Cum Laude from Jessup University with her psychology degree. She’s on her way to a Masters in Counseling with an emphasis in adoption trauma, and she’s an inspiration to us all. ❤️
So proud of the hard working team at @MtnStatesPolicy that helped turn HB444 into law here in Idaho, eliminating home equity theft. Read Kathy's story about it: "I don’t like injustice." cdapress.com/news/2024/mar/…
“We can’t sell TikTok because it’s too intertwined with our Chinese parent comp-uhhhh wait, I mean, we can’t just sell our information weapon to the Americans-uhhhh, I mean, Chairman Xi told me to say we’re not for sale.”
“We can’t sell TikTok because it’s too intertwined with our Chinese parent comp-uhhhh wait, I mean, we can’t just sell our information weapon to the Americans-uhhhh, I mean, Chairman Xi told me to say we’re not for sale.”
Q: What makes the price of an asset fall? A: When there are more sellers than buyers. Q: How could we make the valuation of companies fall really quickly? A: Tax the unrealized gains of founders, forcing them to sell 25% of their stake every year. Q: Who owns the rest of those…
Well, you just sell off a quarter of your house every year. It's really no big deal.
Well, you just sell off a quarter of your house every year. It's really no big deal.
Just to put into context how insanely unworkable and nonsensical this capital gains proposal is... In 2016, Riskalyze raised capital. My personal tax bill for "UNREALIZED" capital gains would have been ~$2.1 million. My savings account had *maybe* $10,000 in it.
“Hey Siri, craft a tax plan designed to utterly decimate the value creation engine for the middle class in America.” Hopefully this is just an over caffeinated White House intern on the Twitter account and they walk this back. 😂
“Hey Siri, craft a tax plan designed to utterly decimate the value creation engine for the middle class in America.” Hopefully this is just an over caffeinated White House intern on the Twitter account and they walk this back. 😂
Washington DC logic: “well, the capital gains at the end is going to be so much less because we tax away 25% of the ‘unrealized gains’ every year, so that’s why we have to raise the final rate to 45%.” 🤡
Washington DC logic: “well, the capital gains at the end is going to be so much less because we tax away 25% of the ‘unrealized gains’ every year, so that’s why we have to raise the final rate to 45%.” 🤡
This is so good.
Oh wait, that already happened.
Our customers (the most thoughtful and innovative financial minds in the wealth advice game) are really clear in their message, “we’re excited to see more innovation!”… or, more proverbially and succinct, “hey Nitrogen, JUMP!”. We’re saying “heck yeah, HOW HIGH?!” 💪
Our customers (the most thoughtful and innovative financial minds in the wealth advice game) are really clear in their message, “we’re excited to see more innovation!”… or, more proverbially and succinct, “hey Nitrogen, JUMP!”. We’re saying “heck yeah, HOW HIGH?!” 💪
"F-E-A-R has two meanings. 'Forget Everything And Run' or 'Face Everything and Rise.' The choice is yours." —Zig Ziglar
I remember as a college trustee, watching people roll their eyes when others warned our institutions were being taken over by marxists. Now they’re announcing the takeover on a megaphone in the quad. It’s time for good people everywhere to stand up against this nonsense.
I remember as a college trustee, watching people roll their eyes when others warned our institutions were being taken over by marxists. Now they’re announcing the takeover on a megaphone in the quad. It’s time for good people everywhere to stand up against this nonsense.
Heartbreaking and tragic news in our community. Thank you to the first responders who put themselves on the front lines of danger to keep us safe.
Heartbreaking and tragic news in our community. Thank you to the first responders who put themselves on the front lines of danger to keep us safe.
This is deeply wrong and should not be happening in our country.
This is deeply wrong and should not be happening in our country.
Daaaang…the “Won with Nitrogen” metric is already helping advisors and firms see the assets that the industry’s leading growth platform is helping them secure! 💪👏💜
Daaaang…the “Won with Nitrogen” metric is already helping advisors and firms see the assets that the industry’s leading growth platform is helping them secure! 💪👏💜
Join a company on the move! 🚀 #ProudBoardMember
The people of Iran are brave and principled. With the right kind of leadership, we can see the return to a free Iran in our lifetimes.
The people of Iran are brave and principled. With the right kind of leadership, we can see the return to a free Iran in our lifetimes.
MichaelKitces @MichaelKitces
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@AaronKlein This is such an apposite comment: the eye-rollers are always the ones with limited cognition and imagination, yet the greatest level of self-confidence. They only understand when it’s too late.
“Chat is easiest way to demonstrate AI and worst way to use it” @jlowin Bring on the agent workflows
@AaronKlein So crazy. My nephew Jaden Santini is graduating from Jessup today as well. He may be playing some music/singing as well. And Adoption Trauma expertise is So needed. Congratulations!
@AaronKlein Congratulations @caceyklein, this is fantastic! 👏🏾👏🏾👏🏾
@AaronKlein So when she says you’re nuts, she’s got basis.
The fundamental trait among the people I get along best with is an obsession with doing things well. It can be anything. It’s the pursuit of excellence that matters. The daily grind. The madness of relentless improvement. Love those wackos.
@AaronKlein Software company… “we really improved the product this year so we capitalized that expense. And since we therefore have gains in the asset value of that product that NEEDS to be realized, we’re going to recognize it as revenue, cool?”
@AaronKlein As a “recovering accountant”, I do wonder how some agencies might feel about the underlying principle… say the SEC, PCAOB, or CFPB… if a similar brand of “unrealized” gains counted as revenue for corporations in financial reporting? (Thought experiment only, not saying actually…
Shut. It. Down. It is a Chinese intel hack. Deal with the truth.
“We can’t sell TikTok because it’s too intertwined with our Chinese parent comp-uhhhh wait, I mean, we can’t just sell our information weapon to the Americans-uhhhh, I mean, Chairman Xi told me to say we’re not for sale.”
This is exactly as you note -- a complete lack of knowledge of assets, business, securities, and constructive receipt of income. It is the dumbest tax idea in my lifetime.
Q: What makes the price of an asset fall? A: When there are more sellers than buyers. Q: How could we make the valuation of companies fall really quickly? A: Tax the unrealized gains of founders, forcing them to sell 25% of their stake every year. Q: Who owns the rest of those…
@AaronKlein And if in the meantime if NYC wasn’t always the punching bag… but hey, always someone who wants to drag down the best, eh? If you’re gonna take swing, might as well be at Ali ☺️
@AaronKlein What you’re describing is viewed by them as a feature, not a bug