@jackyanimations_: You finally realize how taxes actually work #fyp #animation #usa #reality #taxes

Jacky Animations
Jacky Animations
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Region: US
Sunday 24 May 2026 15:33:28 GMT
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jason.oneal
jason.oneal :
Did you think they marked the bills or something? Money isn't taxed. Transactions are taxed
2026-05-24 16:11:44
33
anhchangvuitinh97
anhchangvuitinh97 :
There is no tax on gifts
2026-05-26 00:46:46
6
kblanc423
Kingkev423 :
sounds like it should be illegal doesn't it 🤔
2026-05-25 02:04:32
8
r_d_p_10
R_D_P_10 :
Think about this, if someone gifted a friend a million dollars, they’d really have liked 700k. Then if they gift another friend that 700k, that friend would have liked 500k…. You could do this all the way down and that million dollars can essentially disappear and nobody ever spent a dollar of it? That’s just so wrong
2026-05-24 18:01:17
6
jim94601
JQT :
He won’t get taxed on a gift.
2026-05-25 18:06:24
2
jonnydrums78
JonnyDrums :
That’s why you need to learn rich people loopholes
2026-05-24 17:59:03
13
vonenasty86
Steve :
gifts are taxed. if you gift your friend money it's not taxed. only gifts of excessive value are taxable to the gifter not the recipient
2026-05-24 21:41:12
3
amandacox037
Amanda Long :
Why do we pay sales tax on second hand items that already had the sales tax paid on them when they were initially purchased???
2026-05-24 19:33:04
1
farropxbw7j
Kasper 🥓 :
Just set up in a trust and give access to the trust then it isnt taxed
2026-05-24 16:30:39
5
andy_chapter46
andy_chapter46 :
Canada doesn’t tax lotto winnings
2026-05-24 21:12:01
3
nmrsnr
nmrsnr :
also, if you gift someone a million dollars, you owe the gift tax, not the person who gets the gift.
2026-05-24 18:43:19
3
mcflly21
mcflly21 :
The giver has to file a gift tax form
2026-05-26 10:37:31
2
ted.knight7
Ted Knight :
In other words. Give your friends cash.
2026-05-24 20:02:07
1
bnbalestri
bnbalestri :
This is incorrect. You can give anyone 1 M and they don't pay taxes on it. It only counts against your lifetime $13M gift allowance
2026-05-25 17:53:09
2
randomschlip
Random Schlip :
yet not enough to pay for our Healthcare or food or housing....
2026-05-24 18:29:34
4
one76754
One :
I saw that before
2026-05-24 20:32:54
2
notjasonmomoa69
NotJasonMomoa🥓 :
Gifting money is not taxable to the recipient and only the giver gets taxed if over 15 million in a lifetime.
2026-05-24 22:13:50
2
docflash
flash gordon md :
Nothing in life is certain except death and taxes. And death doesn't get worse every year!😖
2026-05-25 00:45:47
1
robinmiller2148
Robin :
The person with the “cereal box” gets taxed after it has $19,000. This cartoon is stupid because people get taxed on income they receive. Money isn’t taxed - it’s just an object. It’s called income tax.
2026-05-24 17:52:10
1
handymannytiktok
Manny :
No, i the U.S., your friend does not have to pay taxes on the million-dollar gift, nor do they have to report it as income on their tax return. Only the person that wins the money is obligated to pay the taxes.
2026-05-27 06:36:49
0
heated65
user6049776976979 :
that's not an earned income it shouldn't be taxed
2026-05-27 01:02:25
0
user7878873837591
user7878873837591 :
That only happens in the greatest nation in the world? That nation is the USA?? The same great nation that does NOT??? Have free healthcare for its citizens???? Can anyone explain this to me????? Just curious??????
2026-05-26 23:18:14
0
3rdworldslave
Tirednbroke :
you get money it gets taxed end of year you get taxed again,then if you buy anything youll get taxed,then when who you gave the money to will get taxed then their end of year it will get taxed again.mean while youll get taxed for nothing unrealized capital gains after the fact and the. audited for 7 years and fines, penalties to the point you might get 100k
2026-05-26 23:04:43
0
shungdi
pup world :
in canada he wouldn't get taxed on the winnings
2026-05-26 22:26:47
0
bwrothe
Brandon :
and if you pay taxes for someone else that someone will have to pay taxes on that money, but not until the next year
2026-05-24 18:45:06
0
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