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Yellowstone (Paramount Network) Movie • Page 22

Discussion in 'Entertainment Forum' started by Night Channels, Jun 3, 2018.

  1. thebloodhound

    Regular

    I’ve been a big fan of the series over the journey but think this season has pushed me too far with its ridiculousness.

    Happy to take a breather and skip the spinoffs for a long while

    Finales are always tough for me, I struggle when things just all conveniently get wrapped up in a rush. In the end, the reservation getting the land back was the only part that mattered to me
     
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  2. Halitosis Jones

    Prestigious Supporter

    I saw some people being like "Lloyd should have went to live on Rip and Beth's new ranch!" That would have been WAY too close to RDR2's ending lol

    [​IMG]
     
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  3. Ferrari333SP

    Prestigious Supporter

    I saw one review/reaction that complained that the finale wasn't dramatic, or intense, enough, that they wanted a bigger confrontation. Whereas outside of the fight/murder of Jamie, I enjoyed how slow paced the rest of the episode was, how it tied most of the seasons and show's plotlines together.
     
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  4. Halitosis Jones

    Prestigious Supporter

    Yeah it was a little uncharacteristic of this show to wrap up that mercenary plot so quickly and neatly before the finale and not have a big bloody blow off.
     
  5. Taketimeandfind

    Trusted

    If I was some old man I wouldn’t want to go live on their ranch lol.
     
  6. Taketimeandfind

    Trusted

    Honestly as far as finales go I thought this was pretty good. Everything got pretty much tied up. Even as a Jamie defender, I mean at least it was realistic in the sense that he probably could’ve killed Beth one on one. Although his skull would’ve been crushed from one of those swings. But everything got a nice bow on it.
     
  7. Ferrari333SP

    Prestigious Supporter

     
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  8. Halitosis Jones

    Prestigious Supporter

    Lmao at all the conservatives online that latched onto this show at some kind of cultural signifier being mad because they thought the ending was "too woke". Like did they watch the entire series and just now figure out Sheridan is extremely sympathetic to native americans?
     
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  9. Ferrari333SP

    Prestigious Supporter

     
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  10. Azz

    Trusted

     
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  11. Ferrari333SP

    Prestigious Supporter

    Prompt:

    "In the last episode of the TV show "Yellowstone", the Dutton family sold their land for super cheap to the local Indian tribe, knowing the tribe would not have to pay taxes on the previous value of the land. What kind of tax law in Montana is this? If I sell my land to another person for $1, that person then only has to pay taxes on the value they bought the land for, so $1?"

    Answer:

    "The scenario you describe from Yellowstone touches on a nuanced aspect of property transactions, but it appears to simplify or dramatize the real legal and tax principles for narrative purposes. Here’s how property taxes and valuation typically work in Montana (and most U.S. states):

    1. Property Tax Basis and Market Value:
      • Property taxes are generally assessed based on the fair market value of the property, not necessarily the price it was sold for.
      • If you sell a property for $1, that does not automatically reset its taxable value to $1. The local tax assessor would still evaluate the fair market value of the land for property tax purposes.
    2. Special Exemptions for Tribal Land:
      • Land owned by federally recognized Native American tribes or held in trust by the federal government for tribes is generally exempt from state and local property taxes. This could explain why the Dutton family’s sale to the local tribe was advantageous in the show: the tribe wouldn’t be subject to property taxes, regardless of the land’s market value.
    3. Montana Property Tax Rules:
      • Montana law requires that property be assessed at its market value, even if it was sold at a price significantly below market value. Selling your land for $1 to another private individual would not reduce the property’s assessed value for tax purposes.
    Key Takeaways:
    • Selling property for a nominal amount like $1 does not typically allow the buyer to avoid taxes based on its true value.
    • Tribal ownership introduces unique legal exemptions, as tribal lands are generally not subject to state property taxes. This exemption applies irrespective of the land’s sale price or its assessed market value.
    The situation in Yellowstone likely leverages the tribal tax exemption for dramatic effect rather than adhering strictly to real tax law mechanics."


    Prompt:

    "So, in the real world, if I sold my land to a federally recognized Native American tribe, that land would then be considered "tribal land", and therefore would become exempt from state property taxes?"

    Answer:

    "Yes, in the real world, if you sell your land to a federally recognized Native American tribe, the land might become exempt from state property taxes, but this depends on specific circumstances and processes. Here's how it typically works:

    Key Factors for Tribal Land Tax Exemption:
    1. Trust Land vs. Fee Land:
      • Trust Land: Land held in trust by the federal government for a tribe or individual tribal members is generally exempt from state and local property taxes.
      • Fee Land: Land owned outright by a tribe (not held in trust) is usually subject to state and local taxes unless the tribe takes steps to have the land placed into trust.
    2. Land Acquisition Process:
      • For a tribe to convert purchased land into tax-exempt status, the land often needs to go through a trust application process with the U.S. Department of the Interior. This process can be lengthy and requires federal approval.
    3. Use of the Land:
      • How the land is used can affect its tax status. For example, if the land is used for government or tribal purposes, it is more likely to qualify for tax exemption. Land used for commercial purposes might not automatically be exempt.
    4. Legal and Jurisdictional Context:
      • State laws and agreements with tribes can vary. Some tribes and states have specific compacts or legal arrangements that may impact the tax status of tribal lands.
    Example in Your Scenario:
    If you sell your land to a federally recognized tribe:

    • The land would initially remain subject to state property taxes unless and until the tribe successfully petitions to have the land placed into trust.
    • Once it becomes trust land, it would be exempt from state property taxes because the federal government holds title on behalf of the tribe, effectively removing it from state jurisdiction.
    Important Caveats:
    • If a tribe simply owns the land in "fee simple" (like any other private landowner), it is still taxable until the trust conversion occurs.
    • Some tribes may already have tax agreements with state governments that address such situations.
    In short, selling land to a tribe does not immediately render it tax-exempt, but it does make it possible for the tribe to seek that status through legal processes. This tax exemption is tied to tribal sovereignty and federal laws governing Native American tribes."


    Prompt:

    "In the show "Yellowstone", was the Dutton family land placed into a trust before they sold it to the local tribe?"

    Answer:

    "In Yellowstone, the Dutton family's land was not explicitly placed into a trust before they sold it to the local tribe. The show depicts the sale as a direct transaction to the tribe, leveraging the tribe's tax-exempt status on land they own or control. However, the show does not go into detail about whether the tribe would need to place the land into a trust to achieve full tax exemption.
    The dramatic implication is that because the tribe is a sovereign entity, the land would immediately fall under their jurisdiction and benefit from tax exemptions associated with tribal ownership. This skips over some of the legal complexities that would occur in the real world, such as:

    1. Trust Conversion Process: If the land was not already trust land, the tribe would typically need to apply to the federal government to have it placed into trust to make it fully tax-exempt. This process can take time and involves legal approvals.

    2. Immediate Tax Exemption Assumption: The show implies that by selling the land to the tribe, the Dutton family ensures it is no longer taxable under state property laws. In reality, unless the land is already in trust, this exemption wouldn't be automatic.
    Yellowstone tends to simplify legal and procedural details for dramatic effect, focusing instead on the emotional and strategic stakes of the Dutton family’s decisions. If the trust issue wasn’t mentioned in the dialogue or plot, it’s likely the writers sidestepped this real-world nuance to streamline the storyline."
     
  12. GrantCloud

    Prestigious Prestigious

    Ok
     
  13. Taketimeandfind

    Trusted

    Not gonna read all that but I believe the taxes they couldn’t afford was the inheritance tax not the property tax. I also read somewhere (probably Reddit) that Montana doesn’t have an inheritance tax. Now, I’m a backwards ass Texan so I don’t know if that’s true either…. But basically fiction gonna fiction
     
  14. Ferrari333SP

    Prestigious Supporter

    Basic gist of the text is that, Native American tribes, in Montana at least, don't have to pay property taxes on their land, IF the land is put in a trust. But, that process can take a long time and has to be done with the federal government. So the show basically took liberties with the idea that, once the tribe bought the Dutton land for super cheap, then somehow the land was automatically put in a trust, or they simply skipped the showing the process of the tribe putting the land in a trust. The tribe ended up paying Kaycee something like a little over a million dollars I believe, which was low enough to make it easy for them to pay.

    "Once it becomes trust land, it would be exempt from state property taxes because the federal government holds title on behalf of the tribe, effectively removing it from state jurisdiction."
     
  15. Taketimeandfind

    Trusted

    I like how they had the papers drawn up and everything same day even though Rainwater and Mo were at Kayces, went to the funeral, then went back to Kayces and had everything good to go
     
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  16. Halitosis Jones

    Prestigious Supporter




    The majority of this season is still gonna be Spencer Dutton trying to get to Montana lmao
     
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  17. Ferrari333SP

    Prestigious Supporter

    Action-packed at least
     
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  18. Halitosis Jones

    Prestigious Supporter

    2x1 of 1923 up on Paramount+ now
     
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  19. Ferrari333SP

    Prestigious Supporter

    Oh shit, totally forgot; watching when back home after my run
     
  20. Freud

    Immortals with no morals, and no hang ups Prestigious

    Oh yeah totally forgot too! Nice, will have to watch it.
     
  21. Ferrari333SP

    Prestigious Supporter

    Show loves naked people, haha
     
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  22. Azz

    Trusted

    Enjoyed the first episode for season 2 of 1923 but thank goodness for the season 1 recap and very classy of them paying tribute to Cole Brings Plenty who was in the first season who sadly passed away before season 2 started filming
     
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  23. pbueddi

    Trusted

    Really enjoyed the first episode as well. Glad to have it back. Hopefully we don't get any more weird scenes with that old guy and the girls though:cringe:
     
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  24. Freud

    Immortals with no morals, and no hang ups Prestigious

    Now how long will it take Spencer to reach Montana from NY??? Lol.
     
  25. Taketimeandfind

    Trusted

    1925