Daniel Galligan @bizatty
Business Lawyer. Entrepreneur. Helping people buy, sell, and manage successful businesses. Law, law firms, health, family life...and some Wisconsin sports. mgbusinesslaw.com Milwaukee, WI Joined January 2009-
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Let’s say a stock goes up massively in a year. A founder’s stake in the company rises $100M in value. He has to pay $25M in unrealized capital gains (25% currently proposed). The next year a global pandemic hits and he loses the gains, and more. He has never sold anything,…
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Japanese public company Metaplanet has announced it purchased ¥1b ($6.25m) of $BTC, equivalent to ~30% of the company's current market cap. #Bitcoin
Ye gods, please someone tell Biden you can’t tax yourself out of national debt while killing the GDP with war spending and bank bailouts — not to mention stifled innovation. We can only dig ourselves out of our catastrophic debt by investing our public spending only in areas…
Ye gods, please someone tell Biden you can’t tax yourself out of national debt while killing the GDP with war spending and bank bailouts — not to mention stifled innovation. We can only dig ourselves out of our catastrophic debt by investing our public spending only in areas…
Changes afoot re Noncompete Agreements...the lawyers will litigate. BUT, let's get in front of this. If I've helped you with employee/contractor NDAs, Noncompete or Nonsolicitation covenants, please call me to discuss. #FTC # Noncompete #wisconsinlaw
what do you think, guys, should we gut the incentive to reinvest capital into our economy, which has fueled the american engine of prosperity for over a century?
what do you think, guys, should we gut the incentive to reinvest capital into our economy, which has fueled the american engine of prosperity for over a century?
Who is John Gault??
Biden proposing 44.6% capital gains and 20% UNREALIZED capital gains is just nuts What does it mean when the President hates his own country?
Let me get this straight: instead of adding 640,000 jobs during July, August, and September, we actually LOST 192,000 jobs. How is no one talking about this?
Let me get this straight: instead of adding 640,000 jobs during July, August, and September, we actually LOST 192,000 jobs. How is no one talking about this?
25% tax on unrealized gains is an absolutely INSANE policy. 0% chance it passes.
🇺🇦Ukraine: CBS News is reporting that the billions US taxpayers have funneled into Ukraine have allowed the bar scene in Kyiv to flourish - there are now more bars and nightclubs in the capital than before the war began.
Yep. What we're seeing out of Congress is also pretty terrible.
Yep. What we're seeing out of Congress is also pretty terrible.
Some thoughts after sleeping on Tesla’s Epic Q1 2024 Conference Call. If you follow Tesla closely, you knew that the sentiment going into earnings was about as poor as it has ever been. Fast forward a few hours, and sentiment couldn’t be more different. This all started with…
@IlhanMN Sounds like you just want to violate the separation of powers.
Fetterman no filter: "If you show up in a Starbucks with a bullhorn and start yelling at people, that doesn't make you noble, It just makes you an asshole."
Elon on his future involvement in Tesla: "Tesla constitutes the majority of my work time. I work every day of the week. I'm going to make sure Tesla is very prosperous."
Reuters story on cancelling the compact was approximately 0% correct. $TSLA
Omar Shaikh @OmarMKE1
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307K Followers 865 Following Author of Elon Musk, The Code Breaker, Leonardo da Vinci, Benjamin Franklin, Einstein, Steve Jobs. Professor @Tulane. Formerly @Time, @CNN, & @AspeninstituteTaxing unrealized capital gains is like asking a company to pay taxes in advance on accounts receivable that may never get paid. Oh, you billed a million dollars? You owe $250,000, whether the vendor pays or not.
I told you.
I think the #Packers like Jordan Morgan more than you do. By a lot.
Jordan Morgan looks like he'll fit in just fine with the #Packers offensive line room.
@Pete14517405 Good thing the actual pros don’t use consensus boards.
Freaking out over the Biden 25% unrealised profit tax? He said you need $100m in assets. It'll just blow up the stock market, nuke all your investments, and the entrepreneur class will leave like pilgrims to the new world away from US oppression. You wont be impacted... apart…
Packers fans overreacting to a 1st round pick named Jordan. I’m shocked!
@growing_daniel Cell phone and laptop batteries use cobalt, but most electric cars use none. Those that do use cobalt, use very little, as the cathode is primarily nickel, which performs better and costs less than cobalt.
Coinbase is launching a $15 million TV ad campaign
i can’t believe the packers took the pac 12 OT that fits literally everything they do over the super project at OU
Excited to write off all of my unrealized crypto losses each year. I mean, if they are proposing taxes on unrealized capital gains, they have to allow write offs and unrealized losses. Right. RIGHT!?
The last time Brian Gutekunst used a 1st round pick on a Jordan, it worked out pretty well for the #Packers.
The Vikings overpaid to move up from a draft pick they already moved up to get. That's a choice
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Bears and Patriots take their QB of the future...for second time in three years.
From the river to the sea, enjoy the sprinklers set off on thee.