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>Most "over-speeding" isn't a crime, and is only a civil infraction. It only becomes a crime when you're absurdly over the limit. "Absurdly" is 15-20 depending
by potato3732842 2y ago
>Most "over-speeding" isn't a crime, and is only a civil infraction. It only becomes a crime when you're absurdly over the limit.
"Absurdly" is 15-20 depending on state and most highway traffic hits that outside of peak hours. The only reason the cops don't make a cash cow out of it is because doing so would get either the laws or speed limits changed to reflect reality.
>Again, it can be a crime, but not for the overwhelming majority of people. The gift exemption limit for 2025 is $19,000. How many people are getting that much in gifts, but don't have their shit together for a tax lawyer? Moreover there's a section for it on your tax returns, so the "I forgot" excuse makes as much sense as "forgetting" to file taxes for your crypto sales.
Trivially easy to move that kind of money or goods/services of equivalent value when you have a family business.
>Source on either of them happening in actuality?
The powers that be aren't stupid enough to actually burn that capability using it. I have zero doubt they verbally use it in negotiations all the time.
- hn_throwaway_99 2y ago> Trivially easy to move that kind of money or goods/services of equivalent value when you have a family business. And then you should register the gift; it's not hard when filing your taxes. Importantly, the gift exclusion limit is not $19k total, it's $19k per recipient, per year (indeed, a common estate planning technique for rich people is to give away the annual max to loads of their heirs every year). And if you're over the $19k limit, you don't even have any taxes to pay, it just reduces your estate tax exemption amount.