NEW: Ken Griffin gave $2 million to a Loeffler super PAC on Oct. 9, the day after the WSJ reported that his company made a major buyout that needed to be approved by the NYSE, which Loeffler's husband owns. Me @Salon

17 / TRUMP / RED LINE / FRANCE / 21

THREAD

Trump owned France back in 2017 and never stopped since.

Q is using France as a mirror for the show.

USA Revolution 1776

[+13]

FRANCE Revolution 1989

ENJOY THE SHOW 2021 PATRIOTS

#OldestAllies 🇫🇷🇺🇸

HUF / H!ndu Undivided Family - A thread

HUF or H!ndu undivided family is a special provision under the income tax act which allows H!ndu families to enjoy lesser payable income tax as compared to any other individual.

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It also encompasses Buddhist, Ja!n & Sikh families.

HUF Essentially allows a Joint or any family 4 that matter 2 be treated as an individual & the family’s income 4m inherited property, wills and gifts 2 be taxed separately rather than being clubbed with individual’s income.
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Essentially they can divide their income in two parts.

What does that mean? In essence, It means that it allows the individuals to reduce the payable income tax, as they do not have to consider income from HUF when calculating “their own” taxable income.

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The income from inherited property,wills, gifts is accounted under HUF (with a separate PAN card) and since it is not summed with individual’s income, it warrants a lower payable tax.

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What’s interesting is that, HUF is based on H!ndu law, which does not govern other families allowed to avail benefits of HUF, i.e Sikhs, Buddhists and Jains.

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We promised people that if we won the Senate, we would send out $2,000 survival checks. They delivered us to victory—and now we MUST deliver.

“Targeting” checks to a smaller group fails to do that. People need help like never before, and we must put money in their pockets.

“Targeting” checks isn’t just bad for people, it’s bad policy too! It’s not humane, it's not smart, it’s not effective, and it’s not even fiscally responsible. Not to mention that it doesn't meet the scale of this crisis.

Help me spread the word about 4 obvious reasons why:

1⃣The survival checks often use 2019 tax data to measure someone’s income.

Millions lost their jobs in 2020 due to COVID—that’s the whole point of this relief!—and therefore their income from 1 or 2 years ago is no longer accurate. They need help now and we must provide it.

Even if someone isn’t one of the nearly 1 million additional people losing their job EVERY single week, they likely lost hours and therefore had their overall income significantly reduced.

By “targeting,” we cut out people who are desperately in need of help.

2⃣The data from people who filed for unemployment shows that more than 20% of those earning between $50k and $70k were still food insecure.

That's up 16% from 2019—and it's why food banks have such long lines. We need to put money in their pockets so they can feed their family.